Petrol and diesel value right now: Prices of petrol and diesel had been hiked but once more throughout the nation for the seventh successive day on Thursday, March 31, 2022. In the nationwide capital, each petrol and diesel costs had been raised by 80 paise every.
Following the newest value revision, petrol in Delhi is now retailing at Rs 101.81 a litre whereas diesel is promoting at Rs 93.07. In the monetary capital Mumbai, petrol value now stands at Rs 116.72 whereas diesel prices Rs 100.94, information out there on Indian Oil Corporation’s web site confirmed.
This is the ninth hike in gas costs in a span of ten days as each day value revisions resumed after a niche of a document 137 days on March 22, 2022. So far, each petrol and diesel have been hiked by Rs 6.40 per litre within the nationwide capital.
Petrol and diesel costs within the nation differ from state to state relying on the native taxation (VAT) and freight expenses. Apart from this, the central authorities expenses an excise responsibility on auto fuels.
OMCs revise charges of petrol and diesel each day based mostly on the common value of benchmark gas within the worldwide market within the previous 15-days and overseas change charges.
In the worldwide market, crude oil costs dived greater than $5 a barrel on Thursday because the United States is contemplating the discharge of as much as 180 million barrels from its strategic petroleum reserve (SPR) over a number of months to calm hovering crude costs, information company Reuters reported.
Brent futures for May fell $5.47 (4.8 per cent) to $107.98 a barrel at 0317 GMT. The May contract expires right now and essentially the most actively traded June future was down $5.22 to $106.22. US West Texas Intermediate futures for May supply fell $6.06 (5.6 per cent) to $101.76 a barrel after earlier slipping to a low of $100.85, the report mentioned.
Here’s what you pay for a litre of petrol and diesel in your metropolis on Thursday, March 31, 2022:
City
Petrol (Rs/litre)
Diesel (Rs/litre)
New Delhi
101.81
93.07
Mumbai
116.72
100.94
Kolkata
111.35
96.22
Chennai
107.45
97.52
Bengaluru
107.30
91.27
Hyderabad
115.42
101.58
Patna
112.51
97.47
Bhopal
114.21
97.45
Jaipur
114.07
97.24
Lucknow
101.66
93.22
Thiruvananthapuram
113.27
100.16
Source: Indian Oil Corporation