Petrol and diesel value at this time: Petrol and diesel costs had been regular for the seventh successive day on Thursday, November 11, 2021. The gas costs throughout key cities had been final revised on November 4 after the central authorities reduce the excise obligation on the 2 key fuels to deliver down their retail charges from their file 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 the moment prices Rs 109.98, whereas diesel is retailing at Rs 94.14, information obtainable on Indian Oil Corporation’s web site confirmed.
In India, the gas costs differ from state to state relying on the native taxation (VAT) and freight prices. Apart from this, the central authorities prices an excise obligation on auto fuels.
The OMCs revise charges of petrol and diesel each 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 had been regular on Thursday after falling within the earlier session on issues rising inflation within the United States, spurred by climbing vitality prices, could immediate the federal government to launch extra strategic crude stockpiles to drive down costs, information company Reuters reported.
On Wednesday, Brent crude futures fell by 2.5 per cent and West Texas Intermediate (WTI) futures dropped by 3.3 per cent after experiences that US inflation elevated on the quickest charge in 30 years pushed the greenback increased and crude inventories within the US, the world’s greatest oil shopper, rose after the federal government launched some strategic reserves. Brent crude futures gained 18 cents (0.2 per cent to $82.82 a barrel at 0156 GMT, whereas WTI futures rose 17 cents (0.2 per cent) to $81.51, the report mentioned.
Here’s what you pay for a litre of petrol and diesel in your metropolis on Thursday, November 11, 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