Fuel Prices Remain Unchanged Across Metros. See Rates

Published:Nov 29, 202308:31
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Fuel Prices Remain Unchanged Across Metros. See Rates

Petrol, Diesel Prices Remain Unchanged Across Metros. See Rates

A litre of petrol prices Rs 95.41 in Delhi, whereas diesel charges stand at Rs 86.67 per litre.

Petrol, Diesel Prices Today: Fuel costs remained unchanged for 102 days in a row throughout metro cities on Tuesday, February 15, 2023. This is the longest period when the charges have remained static, ever for the reason that day by day revision of costs started in June 2017.Earlier there was an 82-day break in charge revision between March 17, 2020 and June 6, 2020, when the nationwide lockdown was in place.The central authorities had lower excise responsibility on November 4, 2021, to present aid from costs that had reached an all-time excessive ranges. The authorities had slashed the responsibility on petrol by Rs 5 per litre and on diesel by Rs 10 a litre, resulting in a considerable discount in costs of gasoline.Later in December 2021, the Delhi authorities had lowered the value-added tax on petrol from 30 per cent to 19.40 per cent. With this, petrol costs within the nationwide capital had been slashed by Rs 8.56 per litre.A litre of petrol prices Rs 95.41 in Delhi, whereas diesel charges stand at Rs 86.67 per litre. In Mumbai, petrol is retailed at Rs 109.98 per litre, whereas diesel is being offered at Rs 94.14 per litre. Among the metro cities, gasoline charges are nonetheless the best in Mumbai. Fuel costs fluctuate throughout the states attributable to value-added tax or VAT. (Also Read: How To Check Latest Petrol And Diesel Rates In Your City).Here are the petrol and diesel value throughout the metro cities:

State-run oil refiners similar to Indian Oil, Bharat Petroleum, and Hindustan Petroleum revise the gasoline charges every day, by taking into consideration the crude oil costs within the worldwide markets, and the rupee-dollar change charges. Any adjustments in petrol and diesel costs are applied with impact from 6 am day by day.India is 85 per cent depending on imports to fulfill its oil wants and, the home petrol and diesel costs are linked to worldwide charges. But for the final over three months, regardless of a spurt in worldwide oil costs, petrol and diesel charges haven't been modified forward of elections in essential states like Uttar Pradesh and Punjab.Globally, oil costs fell as buyers took earnings from the day before today's rally to seven-year highs and as world inventory markets slumped, though losses had been capped by fears that Russia may invade Ukraine and disrupt provides. Brent crude futures was at $96.19 a barrel, down 29 cents, or 0.3 per cent, after rising $2.04 on Monday. U.S. West Texas Intermediate (WTI) crude dropped 36 cents, or 0.4 per cent, to $95.10 a barrel, after gaining $2.36 the day before today. Both benchmarks hit their highest since September 2014 on Monday, with Brent touching $96.78 and WTI reaching $95.82.


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