Petrol and diesel costs hiked after 18-day hiatus: Here’s what you pay in your metropolis

Petrol and diesel value in the present day: After remaining regular for 18 consecutive days, petrol and diesel costs inched up throughout the nation on Tuesday, May 4, 2021. In the nationwide capital, petrol value rose by 15 paise whereas that of diesel climbed by 18 paise.
The newest transfer by the oil advertising corporations marks the primary revision in auto gas costs this month with the earlier revision happening on April 15, 2021.
With in the present day’s value revision, petrol in Delhi is now retailing at Rs 90.55 a litre whereas diesel is promoting at Rs 80.91. In the monetary capital Mumbai, petrol value now stands at Rs 96.95 whereas diesel prices Rs 87.98, information obtainable on Indian Oil Corporation’s web site confirmed.

In February, the worth of petrol had breached the Rs 100-mark for the primary time in two locations in Rajasthan and Madhya Pradesh, which levy the best VAT on the gas within the nation. In these two cities, the important thing auto gas rose to Rs 101.43 in Rajasthan’s Sri Ganganagar, whereas diesel right here was obtainable at Rs 93.54 per litre. In Madhya Pradesh’s Anuppur, petrol now prices Rs 101.15 per litre and diesel is promoting for Rs 91.56.
Petrol and diesel costs hit their document highs on February 27 after which they’ve been revised solely on 5 events since March. Four out of those 5 revisions resulted in a fall.
Fuel costs differ from state to state as taxes get levied on them by each central in addition to state governments together with the freight costs.

The central and state taxes make up for 60 per cent of the retail promoting value 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.
Generally, petrol and diesel costs are revised each day consistent with benchmark worldwide crude costs and overseas alternate charges.
In the worldwide market, oil costs prolonged positive factors on Tuesday as extra US states eased lockdowns and the European Union sought to draw travellers, serving to to offset issues over gas demand in India as COVID-19 circumstances soar, information company Reuters reported earlier within the day.
Brent crude futures rose 6 cents (0.1 per cent) to $67.62 a barrel at 0329 GMT, after climbing 1.2 per cent on Monday. US West Texas Intermediate (WTI) crude futures additionally ticked 5 cents (0.1 per cent) larger, to $64.54 a barrel, after gaining 1.4 per cent on Monday, the report mentioned.
Here’s what you pay for a litre of petrol and diesel in your metropolis on Tuesday, May 4, 2021:
City
Petrol (Rs/litre)
Diesel (Rs/litre)
Sri Ganganagar
101.43
93.54
Anuppur
101.15
91.56
New Delhi
90.55
80.91
Mumbai
96.95
87.98
Kolkata
90.76
83.78
Chennai
92.55
85.90
Bengaluru
93.60
85.81
Hyderabad
94.16
88.25
Patna
92.87
86.14
Jaipur
96.94
89.41
Lucknow
88.84
81.31
Thiruvananthapuram
92.57
87.07
Source: Indian Oil Corporation