Petrol Diesel Rate Today India (August 4): Petrol and diesel costs remained unchanged for the 74th straight day throughout the nation on Thursday, August 4, 2022.
The worth of petrol in Delhi stands at Rs 96.72 per litre whereas that of diesel is at Rs 89.62. In Mumbai, petrol presently prices Rs 106.31, whereas diesel is retailing at Rs 94.27, knowledge out there on Indian Oil Corporation’s web site confirmed.
The charges of the 2 auto fuels haven’t altered throughout the nation in over two months. They had been concurrently final revised throughout the nation on May 22 when the central authorities had lower the excise obligation on petrol by 8 per litre, and 6 rupees per litre on diesel. Since then gas costs have been unchanged throughout the nation besides in Maharashtra the place the brand new state authorities final month lowered the value-added tax (VAT) on petrol and diesel by Rs 5 and Rs 3, respectively.
In India, petrol and diesel costs differ from state to state relying on the native taxation (VAT) and freight costs. This aside, the Centre levies excise obligation on the 2 auto fuels.
Generally, the oil advertising and marketing firms (OMCs) revise charges of petrol and diesel each day primarily based on the common worth of benchmark gas within the worldwide market within the previous 15-days and international change charges.
In the worldwide market, Brent crude futures rose 10 cents (0.1 per cent) at $96.88 a barrel at 0653 GMT, whereas West Texas Intermediate (WTI) crude futures was final up 21 cents (0.2 per cent) at $90.87, knowledge by Reuters confirmed.
Here’s what you pay for a litre of petrol and diesel in your metropolis on Thursday, August 4, 2022:
Source: Indian Oil Corporation