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 had been hiked once more throughout the nation for the fourth consecutive day on Monday, March 28, 2022. In the nationwide capital, petrol worth was raised by 30 paise a litre whereas diesel was up by 35 paise.

Following the most recent worth revision, petrol in Delhi is now retailing at Rs 99.41 a litre whereas diesel is promoting at Rs 90.77. In the monetary capital Mumbai, petrol worth now stands at Rs 114.19 whereas diesel prices Rs 98.50, information out there on Indian Oil Corporation’s web site confirmed.

This is the sixth hike in gas costs in a span of seven days as each day worth revisions resumed after a niche of a report 137 days on March 22, 2022. So far, petrol has been hiked by Rs 4.00 per litre and diesel has turn into dearer by Rs 4.10 per litre within the nationwide capital.

Petrol and diesel costs had been saved unchanged since November 4 final 12 months working all the best way as much as the meeting elections in 5 key states together with Uttar Pradesh and Punjab, regardless of a steep spike in the price of crude oil which soared to multi-year highs earlier this month amid the fallout of Russia-Ukraine battle and restoration in international demand.

As quickly because the meeting elections concluded and the outcomes had been declared on March 10, 2022, the each day worth revisions had been anticipated to renew nonetheless that didn’t occur until final week. The state-run oil advertising corporations (OMCs) at the moment are recouping their losses.

The OMCs usually revise charges of petrol and diesel every day, primarily based on the common worth of benchmark gas within the worldwide market within the previous 15-days and international trade charges.

In the worldwide market, oil costs fell greater than $3 on Monday as fears over weaker gas demand in China grew after its monetary hub of Shanghai launched a deliberate two-stage lockdown on Monday to include a surge in COVID-19 infections, information company Reuters reported.

Brent crude futures slid as little as $116.00 a barrel and had been buying and selling down $3.09 (2.6 per cent) at $117.56. US West Texas Intermediate (WTI) crude futures hit a low of $109.30 a barrel, and had been down $3.28 (2.9 per cent) at $110.62, the report mentioned.

Here’s what you pay for a litre of petrol and diesel in your metropolis on Monday, March 28, 2022:
City
Petrol (Rs/litre)
Diesel (Rs/litre)
New Delhi
99.41
90.77
Mumbai
114.19
98.50
Kolkata
108.85
93.92
Chennai
105.18
95.33
Bengaluru
104.78
89.02
Hyderabad
112.71
99.07
Patna
110.03
95.18
Bhopal
111.59
95.09
Jaipur
111.44
94.89
Lucknow
99.26
90.92
Thiruvananthapuram
110.65
97.74
Source: Indian Oil Corporation