Report Wire

News at Another Perspective

Petrol and diesel hit contemporary file highs as costs hiked throughout India, examine gasoline charges in your metropolis at this time

2 min read

Petrol and diesel worth at this time: After remaining regular for 2 consecutive days, petrol and diesel costs had been hiked on Wednesday, October 20, 2021, hitting contemporary file highs. In the nationwide capital, the petrol and diesel costs every rose 35 paise.
Following the most recent worth revision, petrol in Delhi is now retailing at Rs 106.19 a litre whereas diesel is promoting at Rs 94.92. In the monetary capital Mumbai, petrol worth now stands at Rs 112.11 whereas diesel prices Rs 102.89, information accessible on Indian Oil Corporation’s web site confirmed.
In India, the gasoline 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 every day primarily based on the common worth of benchmark gasoline within the worldwide market within the previous 15-days, and international alternate charges.

In the worldwide market, Oil costs slipped on Wednesday after the Chinese authorities stepped up efforts to tame file excessive coal costs and guarantee coal mines function at full capability as Beijing moved to ease an influence scarcity. Chinese coal costs and different commodity costs slumped in early commerce, which in flip pulled oil costs down from an uptick earlier within the day, information company Reuters reported.
Brent crude futures dropped 43 cents (0.5 per cent) to $84.65 a barrel at 0506 GMT, paring a 75-cent rise within the earlier session, however nonetheless lingering near multi-year highs. US West Texas Intermediate (WTI) crude futures for November, which expires on Wednesday, fell 37 cents to $82.59 a barrel. The extra lively WTI contract for December was down 45 cents (0.6 per cent) to $81.99 a barrel, the report mentioned.
Here’s what you pay for a litre of petrol and diesel in your metropolis on Wednesday, October 20, 2021:
City
Petrol (Rs/litre)
Diesel (Rs/litre)
New Delhi
106.19
94.92
Mumbai
112.11
102.89
Kolkata
106.78
98.03
Chennai
103.31
99.26
Bengaluru
109.89
100.75
Hyderabad
110.46
103.56
Patna
109.64
101.50
Bhopal
114.81
104.15
Jaipur
113.38
104.58
Lucknow
103.18
95.37
Thiruvananthapuram
108.44
102.03
Source: Indian Oil Corporation