Report Wire

News at Another Perspective

Petrol and diesel costs in your metropolis at this time, test right here

2 min read

Petrol Diesel Price Today: Prices of petrol and diesel remained unchanged for the fourth consecutive day throughout the nation on Thursday, May 26, 2022.

The worth of petrol in Delhi stands at Rs 96.72 per litre whereas that of diesel is at Rs 89.62. In Mumbai, petrol at present prices Rs 111.35, whereas diesel is retailing at Rs 97.28, information accessible on Indian Oil Corporation’s web site confirmed.

The charges of each the important thing auto fuels had been sharply diminished this previous Sunday after Finance Minister Nirmala Sitharaman introduced a minimize in excise responsibility on petrol by 8 per litre, and 6 rupees per litre on diesel. Following the federal government’s resolution petrol worth was minimize by Rs 8.69 per litre whereas diesel was diminished by Rs 7.05 within the nationwide capital.

Subsequently, the state governments of Maharashtra, Rajasthan and Kerala too decreased VAT on petrol and diesel following Sitharaman’s name to supply additional aid to customers following a minimize in excise responsibility by the Centre.

Petrol and diesel costs within the nation 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.

OMCs typically revise the charges of petrol and diesel day by day primarily based on the typical worth of benchmark gas within the worldwide market within the previous 15-days and overseas trade charges.

In the worldwide market, oil costs rose on Thursday, extending a cautious rally this week on indicators of tight provide whereas the European Union wrangles with Hungary over plans to ban imports from Russia, the world’s second-largest crude exporter, after it invaded Ukraine, information company Reuters reported.

Brent crude futures for July settlement gained 40 cents, or 0.35 per cent, to $114.43 a barrel at 0412 GMT. US West Texas Intermediate (WTI) crude futures for July supply climbed 55 cents, or 0.5 per cent, to $110.88 a barrel, the report stated.

Here’s what you pay for a litre of petrol and diesel in your metropolis on Thursday, May 26, 2022:
City
Petrol (Rs/litre)
Diesel (Rs/litre)
New Delhi
96.72
89.62
Mumbai
111.35
97.28
Kolkata
106.03
92.76
Chennai
102.63
94.24
Bengaluru
101.94
87.89
Hyderabad
109.66
97.82
Patna
107.24
94.04
Bhopal
108.65
93.90
Jaipur
108.48
93.72
Lucknow
96.57
89.76
Thiruvananthapuram
107.71
96.52
Source: Indian Oil Corporation