Petrol and diesel value at this time: Petrol and diesel costs had been regular throughout the nation for the seventh consecutive day on Tuesday, August 31, 2021. The costs of the important thing auto fuels had been final revised on August 24 when petrol and diesel costs had been lower by 15 paise per litre every within the nationwide capital.
The value of petrol in Delhi stands at Rs 101.49 per litre whereas that of diesel is at Rs 88.92. In Mumbai, petrol at present prices Rs 107.52, whereas diesel is retailing at Rs 96.48, information out there on Indian Oil Corporation’s web site confirmed.
This month, petrol costs had been lower twice whereas diesel charges received diminished on 5 situations. In July, petrol costs had been hiked 9 instances whereas diesel charges had been raised on 5 events and lower on one event. In June, each the auto gasoline costs had been hiked on 16 events, which adopted the 16 hikes within the month of May after the oil advertising and marketing corporations (OMCs) resumed their value revisions ending an 18-day hiatus that coincided with the meeting elections in key states. Since May 4, petrol value has elevated by Rs 11.09 per litre and diesel has climbed by Rs 8.19 in New Delhi.
In India, the gasoline costs differ from state to state relying on the native taxation (VAT) and freight costs. Apart from this, the central authorities costs an excise responsibility on auto fuels.
The OMCs revise charges of petrol and diesel each day based mostly on the typical value of benchmark gasoline within the worldwide market within the previous 15-days, and international trade charges.
Internationally, crude oil costs fell on Tuesday on issues that energy outages and flooding in Louisiana after Hurricane Ida will lower crude demand from refineries on the similar time world producers plan to lift output, information company Reuters reported earlier within the day.
US West Texas Intermediate (WTI) crude futures had been down 41 cents (0.6 per cent) to $68.80 a barrel at 0245 GMT, reversing most of Monday’s features. Brent crude futures for October, resulting from expire on Tuesday, had been down 46 cents (0.6 per cent) at $72.95 a barrel, after gaining almost 1 per cent on Monday. The extra lively November contract fell 42 cents (0.6 per cent) to $71.81, the report mentioned.
Here’s what you pay for a litre of petrol and diesel in your metropolis on Tuesday, August 31, 2021:
City
Petrol (Rs/litre)
Diesel (Rs/litre)
New Delhi
101.49
88.92
Mumbai
107.52
96.48
Kolkata
101.82
91.98
Chennai
99.20
93.52
Bengaluru
104.98
94.34
Hyderabad
105.54
96.99
Patna
103.99
94.75
Bhopal
109.91
97.72
Jaipur
108.42
98.06
Lucknow
98.56
89.29
Thiruvananthapuram
103.69
95.68
Source: Indian Oil Corporation