After rising to recent new highs, petrol and diesel costs remained unchanged throughout the nation on Wednesday, February 24, 2021. On Tuesday, petrol and diesel costs have been hiked by 35 paise per litre every within the nationwide capital.
Petrol value in Delhi presently stands at Rs 90.93 per litre whereas that of diesel is at Rs 81.32. In Mumbai, petrol prices Rs 97.34, whereas diesel is retailing at Rs 88.44, knowledge out there on Indian Oil Corporation’s web site confirmed.
Among the 2 cities the place petrol value breached the Rs 100-mark final week, the important thing auto gasoline was at Rs 101.59 in Rajasthan’s Sri Ganganagar, whereas diesel was out there at Rs 93.61 per litre. In Madhya Pradesh’s Anuppur, petrol prices Rs 101.34 per litre and diesel is promoting for Rs 91.81.
The costs of petrol and diesel range from state to state with taxes being levied on them by each central in addition to state governments together with the freight fees.
Rajasthan levies the best value-added tax (VAT) on petrol within the nation, adopted by Madhya Pradesh.
Generally, the costs of the important thing auto fuels get revised each day in keeping with benchmark worldwide value and international trade charges.
In the worldwide market, oil costs fell in early commerce on Wednesday after business knowledge confirmed US crude inventories unexpectedly rose final week as a deep freeze within the southern states curbed demand from refineries that have been pressured to close, information company Reuters reported.
US West Texas Intermediate (WTI) crude futures have been down 55 cents (0.9 per cent) at $61.12 a barrel at 0136 GMT, after slipping 3 cents on Tuesday. Brent crude futures fell 38 cents (0.6 per cent) to $64.99 a barrel, erasing Tuesday’s 13 cents achieve, the report mentioned.
Here’s what you pay for a litre of petrol and diesel in your metropolis on Wednesday, February 24, 2021:
Source: Indian Oil Corporation