Petrol Diesel Price Today: Prices of petrol and diesel remained regular for the third straight day throughout the nation on Wednesday, May 25, 2022.
The worth of petrol in Delhi stands at Rs 96.72 per litre whereas that of diesel is at Rs 89.62. In Mumbai, petrol at present prices Rs 111.35, whereas diesel is retailing at Rs 97.28, information accessible on Indian Oil Corporation’s web site confirmed.
The charges of each the important thing auto fuels had been sharply diminished on Sunday after Finance Minister Nirmala Sitharaman introduced a reduce in excise obligation on petrol by 8 per litre, and 6 rupees per litre on diesel on Saturday. Following the federal government’s choice petrol worth was reduce by Rs 8.69 per litre whereas diesel was diminished by Rs 7.05 within the nationwide capital on Sunday.
Additionally, the state governments of Maharashtra, Rajasthan and Kerala too decreased VAT on petrol and diesel after Sitharaman’s name to supply additional aid to shoppers following a reduce in excise obligation by the Centre.
Petrol and diesel 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 obligation on auto fuels.
Generally, the OMCs revise charges of petrol and diesel day by day primarily based on the common worth of benchmark gasoline within the worldwide market within the previous 15-days and international trade charges.
In the worldwide market, oil costs rose in early commerce on Wednesday, boosted by tight provides and the prospect of rising demand from the upcoming begin of the US summer season driving season, information company Reuters reported earlier within the day.
Brent crude futures for July rose 46 cents, or 0.4 per cent, to $114.02 a barrel by 0020 GMT. US West Texas Intermediate (WTI) crude futures for July supply was up 58 cents, or 0.5 per cent, to $110.35 a barrel, the report mentioned.
Here’s what you pay for a litre of petrol and diesel in your metropolis on Wednesday, May 25, 2022:
City
Petrol (Rs/litre)
Diesel (Rs/litre)
New Delhi
96.72
89.62
Mumbai
111.35
97.28
Kolkata
106.03
92.76
Chennai
102.63
94.24
Bengaluru
101.94
87.89
Hyderabad
109.66
97.82
Patna
107.24
94.04
Bhopal
108.65
93.90
Jaipur
108.48
93.72
Lucknow
96.57
89.76
Thiruvananthapuram
107.71
96.52
Source: Indian Oil Corporation