Petrol and diesel worth in the present day: A day after hitting new document highs on Sunday, petrol and diesel costs have been regular throughout the nation on Monday, May 24, 2021. The auto gasoline costs had touched document highs on May 23, when petrol rose by 17 paise per litre whereas diesel inched up 29 paise within the nationwide capital.
The worth of petrol in Delhi stands at Rs 93.21 per litre whereas that of diesel is at Rs 84.07. In Mumbai, petrol at present prices Rs 99.49, whereas diesel is retailing at Rs 91.30, information obtainable on Indian Oil Corporation’s web site confirmed.
So far in May, the auto gasoline costs have been hiked 12 occasions after oil advertising and marketing firms (OMCs) resumed their worth revisions ending an 18-day hiatus that coincided with the meeting elections in key states.
With the latest hikes this month, petrol charges have already crossed the Rs 100-mark in a number of cities in Rajasthan, Madhya Pradesh and Maharashtra. Earlier this month, Bhopal grew to become the primary state capital to have petrol hit the three-figure mark and now Mumbai and Jaipur are on the point of touching the historic milestone.
Fuel costs within the nation 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 central and state taxes make up for 60 per cent of the retail promoting worth of petrol and over 54 per cent of diesel. Centre levies Rs 32.90 per litre of excise obligation on petrol and Rs 31.80 a litre on diesel.
Petrol and diesel costs typically get revised every day according to benchmark worldwide worth and overseas change charges.
In the worldwide market, oil costs rose on Monday as a storm shaped within the Gulf of Mexico and Iran mentioned a three-month nuclear monitoring deal had expired, elevating doubts about the way forward for oblique talks that might finish US sanctions on Iranian crude exports, information company Reuters reported earlier in the present day.
Brent crude oil futures for July rose 32 cents (0.5 per cent) to $66.76 a barrel by 0143 GMT, whereas US West Texas Intermediate for July was at $63.93 a barrel, up 35 cents (0.6 per cent), the report mentioned.
Here’s what you pay for a litre of petrol and diesel in your metropolis on Monday, May 24, 2021:
City
Petrol (Rs/litre)
Diesel (Rs/litre)
New Delhi
93.21
84.07
Mumbai
99.49
91.30
Kolkata
93.27
86.91
Chennai
94.86
88.87
Bengaluru
96.31
89.12
Hyderabad
96.88
91.65
Patna
95.40
89.32
Bhopal
101.28
92.50
Jaipur
99.68
92.78
Lucknow
90.85
84.46
Thiruvananthapuram
95.19
90.36
Source: Indian Oil Corporation