Petrol and diesel worth right this moment: Prices of petrol and diesel had been regular for the twenty fourth consecutive day at their file highs throughout the nation on Tuesday, March 23, 2021. Auto gas costs haven’t been revised thus far within the month of March and had been final modified on February 27, 2021, when petrol was hiked by 24 paise per litre and diesel was raised by 15 paise.
Petrol worth in Delhi stands at Rs 91.17 per litre whereas diesel is offered for Rs 81.47. In Mumbai, petrol is retailing at Rs 97.57, whereas diesel prices Rs 88.60, information out there on Indian Oil Corporation’s web site confirmed.
During the primary two months of 2021, petrol worth went up by Rs 4.87 per litre whereas diesel charges elevated by Rs 4.99.
Petrol and diesel costs differ from state to state as taxes get levied on them by each central in addition to state governments together with the freight expenses.
The central and state taxes make up for 60 per cent of the retail promoting worth of petrol and over 54 per cent of diesel. Centre levies Rs 32.90 per litre of excise responsibility on petrol and Rs 31.80 a litre on diesel.
The authorities’s tax collections on petrol and diesel have jumped over 300 per cent within the final six years as excise responsibility on the 2 fuels was hiked, Lok Sabha was knowledgeable on Monday. The collections on petrol and diesel rose to Rs 2.94 lakh crore within the first 10 months of the present fiscal (2020-21), Minister of State (MoS) Finance Anurag Thakur mentioned in a written reply in Lok Sabha.
The gas costs are typically revised every day according to benchmark worldwide worth and international change charges.
In the worldwide market, oil costs fell 1 per cent on Tuesday on considerations that new pandemic curbs and gradual vaccine rollouts in Europe will gradual a restoration in gas demand and as producers reduce costs, indicating ample oil provide, Reuters reported earlier within the day.
US West Texas Intermediate (WTI) crude futures for May supply fell 62 cents (1 per cent) to $60.94 a barrel at 0149 GMT. The April contract expired on Monday at $61.55, up 13 cents from Friday, after plunging greater than 6 per cent final week. Brent crude futures for May dropped by 68 cents (1.1 per cent) to $63.94, erasing a 9 cent acquire within the earlier session, the report mentioned.
Here’s what you pay for a litre of petrol and diesel in your metropolis on Tuesday, March 23, 2021:
City
Petrol (Rs/litre)
Diesel (Rs/litre)
Sri Ganganagar
101.84
93.77
Anuppur
101.59
91.97
New Delhi
91.17
81.47
Mumbai
97.57
88.60
Kolkata
91.35
84.35
Chennai
93.11
86.45
Bengaluru
94.22
86.37
Hyderabad
94.79
88.86
Patna
93.48
86.73
Jaipur
97.72
89.98
Lucknow
89.31
81.85
Thiruvananthapuram
93.05
87.53
Source: Indian Oil Corporation
