Petrol and diesel value right now: Prices of petrol and diesel touched new report highs after they had been hiked for the sixth consecutive day throughout the nation on Monday, November 1, 2021. In the nationwide capital, each petrol and diesel costs had been risen by 35 paise every.
Following the newest value revision, petrol in Delhi is now retailing at Rs 109.69 a litre whereas diesel is promoting at Rs 98.42. In the monetary capital Mumbai, petrol value now stands at Rs 115.50 whereas diesel prices Rs 106.62, knowledge accessible on Indian Oil Corporation’s web site confirmed.
Auto gasoline costs within the nation 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.
OMCs revise charges of petrol and diesel day by day primarily based on the common value of benchmark gasoline within the worldwide market within the previous 15-days and international trade charges.
In the worldwide market, oil costs dropped on Monday as China’s launch of gasoline and diesel reserves eased considerations over tight world provide, whereas buyers cashed in forward of a Nov. 4 assembly of main crude producers that would enhance future manufacturing targets, information company Reuters reported.
Brent crude futures dropped 29 cents (0.4 per cent) to $83.43 a barrel by 0351 GMT, after gaining 6 cents on Friday. US West Texas Intermediate (WTI) crude futures slid 40 cents (0.5 per cent) to $83.17, having risen 76 cents on Friday, the report mentioned.
Here’s what you pay for a litre of petrol and diesel in your metropolis on Monday, November 1, 2021:
City
Petrol (Rs/litre)
Diesel (Rs/litre)
New Delhi
109.69
98.42
Mumbai
115.50
106.62
Kolkata
110.15
101.56
Chennai
106.35
102.59
Bengaluru
113.56
104.50
Hyderabad
114.12
107.40
Patna
113.45
105.07
Bhopal
118.46
107.90
Jaipur
117.08
108.39
Lucknow
106.61
98.91
Thiruvananthapuram
112.07
105.85
Source: Indian Oil Corporation