Petrol Diesel Prices Today, July 1,2022: Check gas costs in Mumbai, Delhi, Chennai and different cities
Petrol and Diesel Rates Today in Mumbai, Delhi, Chennai, Bengaluru: Prices of petrol and diesel remained the identical throughout the nation for the fortieth straight day.
In Mumbai, petrol stays obtainable for Rs 111.35 per litre, whereas diesel within the metropolis stays obtainable for Rs 97.28 per litre. Simultaneously, in Delhi, a litre of petrol prices Rs 96.72, whereas that of diesel prices Rs 89.62.
Prices for each the important thing automotive fuels have been final altered on May 22, when Union Finance Minister Nirmala Sitharaman introduced an Rs 8 discount in petrol excise obligation and a Rs 6 discount in diesel excise obligation on May 21. Following the announcement, the worth of petrol was diminished by Rs 8.69 and that of diesel was diminished by Rs 7.05 within the nationwide capital.
Fuel and diesel costs in India differ from state to state relying on native taxation (VAT) and freight expenses. Apart from that, the central authorities levies excise obligation on the 2 automotive fuels.
Petrol-Diesel export obligation hiked by authorities, no impression on home gas costs
The Centre earlier right now introduced the imposition of a Rs 6 per litre tax on exports of petrol and ATF and Rs 13 per litre on exports of diesel. Furthermore, it added a levy of Rs 23,230 per tonne to home crude oil manufacturing to offset producers’ windfall earnings from excessive oil costs overseas, in keeping with a authorities notification.
Generally, OMCs modify petrol and diesel costs every day based mostly on the common value of benchmark gas within the worldwide market over the earlier 15-days in addition to overseas change charges.
In the worldwide market, oil costs eased on Friday as lingering fears of a recession demand weighed on sentiment, placing the benchmarks on observe for his or her third straight weekly losses, information company Reuters reported.
Brent crude futures have been down 20 cents (0.2%) at $108.83 a barrel by 0428 GMT, giving up earlier features of over $1; WTI crude futures for August supply slid 37 cents (0.4%) to $105.39 a barrel, additionally surrendering an early acquire of almost $1, the report stated.
Here are the gas charges in the important thing cities of India on Friday, July 1, 2022:
City
Petrol (Rs/litre)
Diesel (Rs/litre)
New Delhi
96.72
89.62
Mumbai
111.35
97.28
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
