Petrol Diesel: Petrol and diesel costs remained unchanged for the 68th consecutive day throughout the nation on Friday, July 29, 2022.
In Mumbai, petrol prices Rs 106.31 per litre, whereas diesel is out there for Rs 94.27. In Delhi, petrol retails at Rs 96.72 per litre, whereas diesel is promoting for Rs 89.62, information obtainable on Indian Oil Corporation’s web site confirmed.
The two automotive fuels confronted their final worth alteration on May 22, after the central authorities lowered the excise obligation on petrol and diesel by Rs 8 and Rs 6 per litre, respectively. Fuel costs have remained unchanged throughout the nation ever since, nevertheless, Maharashtra confronted a change in gas costs earlier this month after the brand new state authorities minimize the value-added tax (VAT) on petrol and diesel by Rs 5 and Rs 3, respectively.
Petrol and diesel costs fluctuate from state to state in India, relying on the native taxation (VAT) and freight prices. Additionally, the Centre imposes excise obligation on the 2 automotive fuels.
The oil advertising and marketing corporations (OMCs) often modify the value of petrol and diesel each day primarily based on international change charges and the typical worth of benchmark gas in the worldwide market over the earlier 15 days.
In the worldwide market, US West Texas Intermediate (WTI) crude futures for September supply rose 67 cents (0.7 per cent), to $97.09 a barrel by 0640 GMT, reversing losses from the earlier session and on monitor for an almost 3 per cent rise for the week. Brent crude futures for September settlement, as a result of expire on Friday, dipped 12 cents (0.1 per cent), at $107.02 a barrel. The extra lively October contract climbed 48 cents (0.5 per cent), to $102.31, as per Reuters information.
Here’s what you pay for a litre of petrol and diesel in your metropolis on Friday, July 29, 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
