Petrol touches file excessive on July 15, nears Rs 110/litre in Bhopal
Petrol and diesel worth in the present day: After remaining regular for 2 days, petrol and diesel costs had been hiked on Thursday, July 15, 2021, with petrol touching a recent file excessive throughout the nation. In the nationwide capital, the petrol worth rose 35 paise whereas diesel inched up 15 paise.
Following the most recent worth revision, petrol in Delhi is now retailing at Rs 101.54 a litre whereas diesel is promoting at Rs 89.87. In the monetary capital Mumbai, petrol worth now stands at Rs 107.54 whereas diesel prices Rs 97.45, information accessible on Indian Oil Corporation’s web site confirmed.
This marks the eighth improve in petrol costs this month, whereas diesel, alternatively, has been hiked 5 instances and declined as soon as. In June, each petrol and diesel costs had been hiked 16 instances which adopted the 16 hikes throughout May. Prices have been on the rise since May 4 after oil advertising firms (OMCs) resumed their worth revisions ending an 18-day hiatus that coincided with the meeting elections in 5 key states. During this era, petrol worth has elevated by Rs 11.14 per litre and diesel has climbed by Rs 9.14 in New Delhi.
Fuel costs had been final revised on Monday when the petrol fee was elevated by 28 paise to Rs 101.19 per litre, whereas diesel slipped 16 paise to Rs 89.72 a litre within the nationwide capital.
Following the hikes since May 4, the worth of petrol has crossed the Rs 100-per-litre mark in not less than 17 states and union territories together with Rajasthan, Madhya Pradesh, Maharashtra, Andhra Pradesh, Telangana, Ladakh, Karnataka, Jammu and Kashmir (J&Okay), Odisha, Tamil Nadu, Bihar, Kerala, Punjab, Sikkim, Puducherry, Delhi and West Bengal.
Bhopal was the primary state capital to have petrol hit the three-figure mark in May, adopted by Jaipur and Mumbai. In June, Hyderabad and Bengaluru had additionally joined them adopted by Patna and Thiruvananthapuram. Earlier this month, Chennai together with Delhi and Kolkata turned the most recent capital cities to hit the psychological landmark.
Petrol and diesel charges are on the highest within the nation in Sri Ganganagar district of Rajasthan the place petrol comes for Rs 112.90 a litre. Diesel right here touched the three-figure mark in June and at the moment is retailing at Rs 103.15 per litre, the Indian Oil information confirmed. In Madhya Pradesh’s Anuppur district, petrol in the present day is priced at Rs 112.47 a litre and diesel at Rs 101.05.
Auto gasoline costs within the nation differ from state to state relying on the native taxation (VAT) and freight expenses. Apart from this, the central authorities expenses an excise obligation on auto fuels.
OMCs revise charges of petrol and diesel each day based mostly on the common worth of benchmark gasoline within the worldwide market within the previous 15-days and overseas change charges.
In the worldwide market, crude oil costs fell almost 1 per cent on Thursday, extending losses as traders braced for extra provides following a compromise between prime OPEC producers and as US gasoline shares rose, elevating considerations about demand on the earth’s largest shopper, information company Reuters reported earlier within the day.
Brent crude futures for September dropped 59 cents (0.8 per cent) to $74.17 a barrel by 0409 GMT whereas US West Texas Intermediate (WTI) crude for August was at $72.51 a barrel, down 62 cents (0.9 per cent), the report stated.
Here’s what you pay for a litre of petrol and diesel in your metropolis on Thursday, July 15, 2021:
City
Petrol (Rs/litre)
Diesel (Rs/litre)
New Delhi
101.54
89.87
Mumbai
107.54
97.45
Kolkata
101.74
93.02
Chennai
102.23
94.39
Bengaluru
104.94
95.26
Hyderabad
105.52
97.96
Patna
103.91
95.51
Bhopal
109.89
98.67
Jaipur
108.40
99.02
Lucknow
98.63
90.26
Thiruvananthapuram
103.52
96.47
Source: Indian Oil Corporation
