Fuel costs hiked once more, hit recent highs; Petrol breaches Rs 100-mark in Lucknow

Petrol and diesel worth at this time: Prices of petrol and diesel touched new document excessive marks after they have been hiked for the second consecutive day throughout the nation on Wednesday, October 6, 2021. In the nationwide capital, the petrol worth rose 30 paise whereas diesel inched up 35 paise.
Following the newest worth revision, petrol in Delhi is now retailing at Rs 102.94 a litre whereas diesel is promoting at Rs 91.42. In the monetary capital Mumbai, petrol worth now stands at Rs 108.96 whereas diesel prices Rs 99.17, information accessible on Indian Oil Corporation’s web site confirmed.
In Lucknow, the value of petrol touched the three-figure mark for the primary time and hit Rs 100.01 a litre on Wednesday.
In India, the gas costs differ from state to state relying on the native taxation (VAT) and freight fees. Apart from this, the central authorities fees an excise responsibility on auto fuels.
The OMCs revise charges of petrol and diesel each day based mostly on the common worth of benchmark gas within the worldwide market within the previous 15-days, and overseas change charges.

In the worldwide market, US oil costs rose for a fifth day on Wednesday to their highest since 2014 amid world considerations about vitality provide on indicators of tightness in crude, pure fuel and coal markets. Brent crude costs additionally climbed for a fourth day on the availability nervousness, significantly after the Organization of the Petroleum Exporting Countries (OPEC) and its allies, generally known as OPEC+, selected Monday to say with their deliberate output improve relatively than boosting it additional, information company Reuters reported.
US West Texas Intermediate (WTI) oil earlier rose to $79.18 a barrel, the very best since November 10, 2014. The market was up 0.15 per cent, or 12 cents, at $79.05 a barrel, as of 0128 GMT. Brent crude added 0.15 per cent, or 12 cents $82.68 a barrel after rising to a three-year excessive within the earlier session, the report mentioned.
Here’s what you pay for a litre of petrol and diesel in your metropolis on Wednesday, October 6, 2021:
City
Petrol (Rs/litre)
Diesel (Rs/litre)
New Delhi
102.94
91.42
Mumbai
108.96
99.17
Kolkata
103.65
94.53
Chennai
100.49
95.93
Bengaluru
106.52
97.03
Hyderabad
107.09
99.75
Patna
105.89
97.85
Bhopal
111.45
100.42
Jaipur
109.97
100.80
Lucknow
100.01
91.85
Thiruvananthapuram
105.18
98.35
Source: Indian Oil Corporation