Petrol and diesel value at present: Petrol and diesel costs remained regular throughout the nation on Monday, March 21, 2022.
The key auto gas costs in India haven’t modified in over 4 months regardless of a spike within the international crude oil costs that breached the three-figure mark and touched multi-year highs earlier this month amid the fallout of the Russia-Ukraine battle.
The value of petrol in Delhi stands at Rs 95.41 per litre whereas that of diesel is at Rs 86.67. In Mumbai, petrol at present prices Rs 109.98, whereas diesel is retailing at Rs 94.14, knowledge obtainable on Indian Oil Corporation’s web site confirmed.
However, the value of diesel bought to bulk customers has been hiked by about Rs 25 per litre, however retail charges at petrol pumps stay unchanged, information company PTI reported citing sources.
The retail gas costs throughout key cities have been collectively final revised on November 4, 2021, when the central authorities reduce the excise responsibility on petrol and diesel to convey down their retail charges from their document highs and had urged state governments to chop VAT on gas. Thereafter, numerous states had lowered VAT on auto fuels.
The oil marking corporations (OMCs) usually revise charges of petrol and diesel each day, primarily based on the common value of benchmark gas within the worldwide market within the previous 15-days and international alternate charges. However, the charges have been on freeze for a document 137 days.
In the worldwide market, oil costs jumped $3 on Monday, with Brent above $110 a barrel, as European Union nations think about becoming a member of the United States in a Russian oil embargo, whereas a weekend assault on Saudi oil amenities triggered jitters, Reuters reported.
Brent crude futures climbed $3.44 (3.2 per cent) to $111.37 a barrel, including to a 1.2 per cent rise final Friday. US West Texas Intermediate (WTI) crude futures rose $3.54 (3.4 per cent) to $108.24, extending a 1.7 per cent soar final Friday, the report mentioned.
Here’s what you pay for a litre of petrol and diesel in your metropolis on Monday, March 21, 2022:
City
Petrol (Rs/litre)
Diesel (Rs/litre)
New Delhi
95.41
86.67
Mumbai
109.98
94.14
Kolkata
104.67
89.79
Chennai
101.40
91.43
Bengaluru
100.58
85.01
Hyderabad
108.20
94.62
Patna
105.90
91.09
Bhopal
107.23
90.87
Jaipur
107.06
90.70
Lucknow
95.28
86.80
Thiruvananthapuram
106.36
93.47
Source: Indian Oil Corporation