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

Petrol and diesel worth right this moment: Prices of petrol and diesel remained unchanged throughout the nation on Friday, March 18, 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 the moment prices Rs 109.98, whereas diesel is retailing at Rs 94.14, information out there on Indian Oil Corporation’s web site confirmed.

Petrol and diesel 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.

Fuel costs throughout key cities had been collectively final revised on November 4, 2021, when the central authorities minimize the excise obligation on petrol and diesel to carry down their retail charges from their document highs and had urged state governments to chop VAT on gas. Thereafter, numerous states had lowered 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) usually 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 international change charges.

In the worldwide market, crude oil costs prolonged their rally on Friday on the finish of a 3rd risky week of commerce after slim progress in peace talks between Russia and Ukraine raised the spectre of tighter sanctions and extended disruption to grease provide, information company Reuters reported.

Brent crude futures jumped $2.75 (2.6 per cent) to $109.39 a barrel, after surging practically 9 per cent on Thursday within the largest share acquire since mid-2020. US West Texas Intermediate (WTI) crude futures climbed $2.93 (2.9 per cent) to $105.91 a barrel, including to an 8 per cent soar on Thursday, the report mentioned.

Here’s what you pay for a litre of petrol and diesel in your metropolis on Friday, March 18, 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