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

Petrol and diesel value at this time: Petrol and diesel costs throughout the nation remained unchanged on Friday, March 11, 2022.

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The value of petrol in Delhi stands at Rs 95.41 per litre whereas that of diesel is at Rs 86.67. In Mumbai, petrol at present prices Rs 109.98, whereas diesel is retailing at Rs 94.14, knowledge out there on Indian Oil Corporation’s web site confirmed.

There has been no change in home auto gasoline costs in over 4 months regardless of the worldwide crude oil costs breaching the three-figure mark and touching multi-year highs. The costs throughout key cities had been collectively final revised on November 4, 2021, when the central authorities reduce the excise obligation on the 2 key fuels to carry down their retail charges from their file highs and had urged state governments to chop VAT on gasoline. Thereafter, varied states had lowered VAT on auto fuels.

Petrol and diesel costs within the nation 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.

Generally, the oil marking firms (OMCs) revise charges of petrol and diesel each day, primarily based on the typical value of benchmark gasoline within the worldwide market within the previous 15-days and overseas trade charges.

In the worldwide market, oil costs stabilised on Friday and had been on observe for his or her greatest weekly drop since November after see-sawing on fears of escalating bans on Russian oil versus efforts to carry extra provide to market from different main producers, information company Reuters reported.

Brent crude futures inched down 16 cents (0.15 per cent) to $109.17 a barrel after dropping 1.6 per cent within the earlier session whereas US West Texas Intermediate (WTI) crude futures had been up 2 cents (0.02 per cent) to $106.04 a barrel, following a 2.5 per cent decline on Thursday, the report stated.

Here’s what you pay for a litre of petrol and diesel in your metropolis on Friday, March 11, 2022:
City
Petrol (Rs/litre)
Diesel (Rs/litre)
New Delhi
95.41
86.67
Mumbai
109.98
94.14
Kolkata
104.67
89.79
Chennai
101.40
91.43
Bengaluru
100.58
85.01
Hyderabad
108.20
94.62
Patna
105.90
91.09
Bhopal
107.23
90.87
Jaipur
107.06
90.70
Lucknow
95.28
86.80
Thiruvananthapuram
106.36
93.47
Source: Indian Oil Corporation