Petrol and diesel worth right this moment: After hitting new document highs on Tuesday, petrol and diesel costs have been regular throughout the nation on Wednesday, June 23, 2021. The auto gasoline costs had touched document highs on June 22, when petrol rose 28 paise per litre and diesel inched up 26 paise within the nationwide capital.
The worth of petrol in Delhi stands at Rs 97.50 per litre whereas that of diesel is at Rs 88.23. In Mumbai, petrol at present prices Rs 103.63, whereas diesel is retailing at Rs 95.72, information accessible on Indian Oil Corporation’s web site confirmed.
So far in June, the auto gasoline costs have been raised on 12 events. Separately, they have been hiked 16 occasions within the month of May after oil advertising firms (OMCs) resumed their worth revisions ending an 18-day hiatus that coincided with the meeting elections in key states.
Following the continuing hikes since May 4, the value of petrol has crossed the Rs 100-per-litre mark in 9 states and union territories – Rajasthan, Madhya Pradesh, Maharashtra, Andhra Pradesh, Telangana, Ladakh, Karnataka and Jammu and Kashmir (J&Ok) and Odisha.
Last month, Bhopal grew to become the primary state capital to have petrol hit the three-figure mark adopted by Jaipur and Mumbai and final week, Hyderabad and Bengaluru additionally joined this checklist. Now, Patna and Thiruvananthapuram are inching in direction of this psychological landmark with petrol retailing at Rs 99.55 and Rs 99.48 respectively.
Auto gasoline 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.
OMCs revise charges of petrol and diesel every day primarily based on the typical worth of benchmark gasoline within the worldwide market within the previous 15-days, and international trade charges.
In the worldwide market, crude oil costs rose on Wednesday after trade information confirmed US crude inventories fell greater than anticipated, reinforcing views of a tightening supply-demand stability with street and air journey choosing up in Europe and North America, information company Reuters stated in a report.
US West Texas Intermediate (WTI) crude futures jumped 33 cents (0.5 per cent) to $73.18 a barrel at 0217 GMT, after falling 60 cents on Tuesday. Brent crude futures jumped 42 cents (0.6 per cent) to $75.23 a barrel, after giving up 9 cents on Tuesday, the report stated.
Here’s what you pay for a litre of petrol and diesel in your metropolis on Wednesday, June 23, 2021:
City
Petrol (Rs/litre)
Diesel (Rs/litre)
New Delhi
97.50
88.23
Mumbai
103.63
95.72
Kolkata
97.38
91.08
Chennai
98.65
92.83
Bengaluru
100.76
93.54
Hyderabad
101.33
96.17
Patna
99.55
93.56
Bhopal
105.72
96.93
Jaipur
104.17
97.27
Lucknow
94.70
88.64
Thiruvananthapuram
99.48
94.74
Source: Indian Oil Corporation