Report Wire

News at Another Perspective

Petrol and diesel costs in your metropolis in the present day, test right here

2 min read

Petrol Diesel Price Today: Prices of petrol and diesel remained regular for the sixteenth consecutive day throughout the nation on Tuesday, June 7, 2022. The charges had been final revised on May 22 when petrol was lower by Rs 8.69 per litre and diesel was diminished by Rs 7.05 within the nationwide capital.

The value of petrol in Delhi stands at Rs 96.72 per litre whereas that of diesel is at Rs 89.62. In Mumbai, petrol at the moment prices Rs 111.35, whereas diesel is retailing at Rs 97.28, knowledge obtainable on Indian Oil Corporation’s web site confirmed.

The charges of each the important thing auto fuels had been revised solely as soon as final month when Finance Minister Nirmala Sitharaman introduced a lower in excise obligation on petrol by 8 per litre, and 6 rupees per litre on diesel on May 21. Following the federal government’s resolution petrol and diesel costs had been lower throughout the nation on May 22.

Petrol and diesel costs in India differ from state to state relying on the native taxation (VAT) and freight expenses. Apart from this, the central authorities expenses an excise obligation on auto fuels.

Best of Express PremiumPremiumPremiumPremiumPremium

Generally, the 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 edged larger on Tuesday on an anticipated demand restoration in China because the world’s second-biggest financial system relaxes powerful COVID-19 curbs, and on doubts {that a} larger output goal by OPEC+ producers would ease tight provide, information company Reuters reported.

Brent crude futures had been up 28 cents (0.2 per cent) at $119.79 barrel at 0601 GMT. US West Texas Intermediate (WTI) crude futures had been up 31 cents (0.3 per cent) at $118.81 a barrel. The benchmark hit a three-month excessive of $120.99 on Monday, the report mentioned.

Here’s what you pay for a litre of petrol and diesel in your metropolis on Tuesday, June 7, 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