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

Petrol and diesel worth at this time: Prices of petrol and diesel remained unchanged throughout the nation on Thursday, March 17, 2022.

The worth 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, information obtainable on Indian Oil Corporation’s web site confirmed.

Fuel costs in India haven’t modified in over 4 months regardless of a spike within the world crude oil costs that breached the three-figure mark and touched multi-year highs earlier this month amid the fallout of the Russia-Ukraine battle.

The costs throughout key cities had been collectively final revised on November 4, 2021, when the central authorities minimize the excise obligation on the 2 key fuels to convey down their retail charges from their document highs and had urged state governments to chop VAT on gas. Thereafter, varied states had diminished VAT on auto fuels.

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

The oil marking firms (OMCs) typically revise charges of petrol and diesel each day, primarily based on the common worth of benchmark gas within the worldwide market within the previous 15-days and overseas trade charges.

In the worldwide market, oil costs climbed on Thursday after the International Energy Agency (IEA) mentioned markets may lose three million barrels per day (bpd) of Russian crude and refined merchandise from April, information company Reuters reported.

Benchmark Brent crude futures gained $1.8 (1.9 per cent) to $99.86 a barrel by 0408 GMT, after falling for 3 consecutive buying and selling classes. US West Texas Intermediate (WTI) crude was up $1.6 (1.7 per cent) to $96.67 a barrel, the report mentioned.

Here’s what you pay for a litre of petrol and diesel in your metropolis on Thursday, March 17, 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