Petrol and diesel costs in your metropolis immediately, examine right here
Petrol and diesel value immediately: Prices of petrol and diesel had been saved unchanged for the fourth consecutive day on Monday, November 8, 2021. The gas costs had been final revised on Thursday (November 4) after the central authorities lower the excise obligation on the 2 key fuels to deliver down their retail charges from report highs.
The value of petrol in Delhi stands at Rs 103.97 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, information out there on Indian Oil Corporation’s web site confirmed.
Last week, the Finance Ministry on Wednesday had introduced a Rs 5 per litre lower in excise obligation on petrol and a Rs 10 per litre lower in excise obligation on diesel. Amid record-high gas costs, that is the primary lower in central excise duties in over three years. The lower in duties brings the full excise obligation on petrol right down to Rs 27.9 per litre from Rs 32.9 litre and that on diesel to Rs 21.8 litre from Rs 31.8 per litre.
Reducing the excise obligation, the centre additionally urged state governments to commensurately scale back VAT on petrol and diesel to provide reduction to shoppers. Several states have introduced an additional discount on Value Added Tax (VAT) on each petrol and diesel.
Auto gas costs within the nation differ from state to state relying on the native taxation (VAT) and freight costs. Apart from this, the central authorities costs an excise obligation on auto fuels.
OMCs revise charges of petrol and diesel day by day based mostly on the typical value of benchmark gas within the worldwide market within the previous 15-days and overseas trade charges.
In the worldwide market, oil costs rose on Monday as optimistic indicators for international financial progress supported the outlook for vitality demand, whereas Saudi Arabia’s state-owned producer Aramco raised the official promoting value for its crude, information company Reuters reported.
Brent crude was up by 86 cents (1 per cent) at $83.60 a barrel by 0745 GMT, after dropping practically 2 per cent final week. US oil gained 89 cents (1.1 per cent) to $82.16, having declined nearly 3 per cent via Friday, the report stated.
Here’s what you pay for a litre of petrol and diesel in your metropolis on Monday, November 8, 2021:
City
Petrol (Rs/litre)
Diesel (Rs/litre)
New Delhi
103.97
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
111.10
95.71
Lucknow
95.28
86.80
Thiruvananthapuram
106.36
93.47
Source: Indian Oil Corporation
