Report Wire

News at Another Perspective

Petrol and diesel costs hiked once more, hit contemporary highs; examine gasoline charges in your metropolis at this time

2 min read

Petrol and diesel value at this time: Prices of petrol and diesel touched new document highs after they have been hiked for the second consecutive day throughout the nation on Thursday, October 21, 2021. In the nationwide capital, each petrol and diesel costs have been risen by 35 paise every.
Following the most recent value revision, petrol in Delhi is now retailing at Rs 106.54 a litre whereas diesel is promoting at Rs 95.27. In the monetary capital Mumbai, petrol value now stands at Rs 112.44 whereas diesel prices Rs 103.26, knowledge out there on Indian Oil Corporation’s web site confirmed.
Auto gasoline costs within the nation differ from state to state relying on the native taxation (VAT) and freight costs. Apart from this, the central authorities costs an excise obligation on auto fuels.
OMCs revise charges of petrol and diesel every day primarily based on the common value of benchmark gasoline within the worldwide market within the previous 15-days and international trade charges.
In the worldwide market, oil costs have been blended on Thursday, paring earlier positive aspects, as some traders scooped up income from the latest rally whereas strong demand within the United States and a swap to gasoline oil from coal and fuel amid surging costs underpinned market sentiment, information company Reuters reported.
Brent crude futures fell 11 cents (0.1 per cent) to $85.71 a barrel at 0355 GMT, reversing earlier positive aspects that took the benchmark to the very best since October 2018. It rose 0.9 per cent the day before today. US West Texas Intermediate (WTI) crude futures for December rose 5 cents (0.1 per cent) to $83.47 a barrel. November WTI crude, which expired on Wednesday, settled up 91 cents, or 1.1 per cent, after touching the very best since October 2014 earlier within the session, the report mentioned.
Here’s what you pay for a litre of petrol and diesel in your metropolis on Thursday, October 21, 2021:
City
Petrol (Rs/litre)
Diesel (Rs/litre)
New Delhi
106.54
95.27
Mumbai
112.44
103.26
Kolkata
107.11
98.38
Chennai
103.61
99.59
Bengaluru
110.25
101.12
Hyderabad
110.82
103.94
Patna
110.04
101.86
Bhopal
115.17
104.52
Jaipur
113.74
104.96
Lucknow
103.52
95.72
Thiruvananthapuram
108.79
102.40
Source: Indian Oil Corporation