Petrol-Diesel Today: Prices of petrol and diesel remained unchanged throughout the nation for the 59th straight day on Wednesday, July 20, 2022.
In Delhi, petrol prices Rs 96.72 per litre, and diesel is out there for Rs 89.62, whereas in Mumbai, petrol retails at Rs 106.31 per litre and diesel prices Rs 94.27.
Petrol and diesel costs in Maharashtra had been modified final week after the state authorities’s announcement to scale back the worth added tax (VAT) on petrol and diesel by Rs 5 per litre and three per litre, respectively. As a end result, petrol and diesel costs obtained diminished the subsequent day, by Rs 5.04 per litre and Rs 3.01 per litre, respectively, in Mumbai.
In India, petrol and diesel costs range from state to state, relying on the native taxes (VAT) and freight fees. Additionally, the Centre levies excise responsibility on the 2 car fuels.
Generally, the oil advertising corporations alter the gasoline costs every day, relying on the common value of benchmark gasoline over the earlier 15 days within the worldwide market and overseas change charges.
The Centre on Wednesday scrapped the export responsibility of Rs 6 per litre on petrol and diminished the identical on ATF by Rs 2 per litre, bringing it right down to Rs 4 per litre. The finance ministry notification additionally introduced the discount of export responsibility on diesel by Rs 2 per litre to Rs 11 per litre. Furthermore, the extra cess of Rs 23,250 per tonne on domestically produced crude oil has been diminished to Rs 17,000 per tonne.
In the worldwide market, Brent crude costs for September fell 37 cents (0.3 per cent), to $106.98 a barrel by 0340 GMT, whereas US West Texas Intermediate (WTI) crude for August slipped 69 cents (0.7 per cent), to $103.53 per barrel. The WTI contract will expire afterward Wednesday, as per Reuters information.
Here’s what you pay for a litre of petrol and diesel in your metropolis on Wednesday, July 20, 2022:
City
Petrol (Rs/litre)
Diesel (Rs/litre)
New Delhi
96.72
89.62
Mumbai
106.31
94.27
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
