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petrol And today diesel rate in Delhi, Bangalore, Chennai, Mumbai, Lucknow: prices of petrol And diesel remains unchanged as OMCs held prices steady for the eighteenth straight day on Thursday. There has been no change in prices since Finance Minister Nirmala Sitharaman on May 21 announced a reduction in excise duty by Rs 8 per liter on petrol and Rs 6 per liter on diesel. Petrol price in Delhi today is Rs 96.72 per liter as against Rs 105.41 per litre. liter before the excise duty cut, while diesel will cost Rs 89.62 per liter as against Rs 96.67. In Mumbai, a liter of petrol costs Rs 111.35 while diesel is being sold at Rs 97.28 per litre.
Including Public Sector OMCs Bharat Petroleum Corporation Ltd. (BPCL, Indian Oil Corporation Ltd. (IOCL) and Hindustan Petroleum Corporation Ltd. (HPCL) Revise fuel prices daily in line with benchmark international prices and foreign exchange rates. Any change in the prices of petrol and diesel is effective from 6 am every day. Retail petrol and diesel prices vary from state to state due to local taxes such as VAT or freight charges. Following the central government’s decision to cut excise duty, several state governments reduced VAT on petrol and diesel.
After this move of the Finance Minister, the Kerala government announced a reduction in the prices of petrol and diesel by Rs 2.41 and Rs 1.36 per liter respectively. The Rajasthan government has reduced VAT on petrol by Rs 2.48 per liter and on diesel by Rs 1.16 per liter. The Maharashtra government reduced VAT on petrol by Rs 2.08 per liter and on diesel by Rs 1.44 per liter. The Odisha government has also reduced taxes on petrol and diesel by Rs 2.23 and Rs 1.36 per liter respectively.
Petrol, Diesel Price in Chennai, Kolkata, Bengaluru, Lucknow, Noida, Gurugram
Mumbai: Petrol price: Rs 111.35 per litre, diesel price: 97.28 per liter
Delhi: Petrol price: Rs 96.72 per litre, diesel price: Rs 89.62 per liter
Chennai: Petrol price: Rs 102.63 per litre, Diesel price: Rs 94.24 per litre
Kolkata: Petrol price: Rs 106.03 per litre, Diesel price: Rs 92.76 per litre
Bengaluru: Petrol: Rs 101.94 per litre, Diesel: Rs 87.89 per litre
Lucknow: Petrol: Rs 96.57 per litre, Diesel: Rs 89.76 per litre
Noida: Petrol: Rs 96.79 per litre, Diesel: Rs 89.96 per litre
Gurugram: Petrol: Rs 97.18 per litre, Diesel: Rs 90.05 per litre
Chandigarh: Petrol: Rs 96.20 per litre, Diesel: Rs 84.26 per litre
crude oil price
Crude oil prices extended their gains for the week on Thursday morning on hopes of a recovery in demand as Covid restrictions ease in China while supplies remain tight. Demand from the US is also expected to increase. According to Reuters, Brent crude futures were trading 50 cents higher at $124 a barrel, while US West Texas Intermediate (WTI) crude futures were trading 38 cents higher at $122.49.
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