May 13, 2024

Report Wire

News at Another Perspective

Petrol and diesel costs on March 25: Check gasoline charges in your metropolis at the moment

2 min read

Petrol and diesel worth at the moment: After remaining unchanged for a day, petrol and diesel costs have been hiked once more throughout the nation on Friday, March 25, 2022. In the nationwide capital, each petrol and diesel costs have been raised by 80 paise every.

Following the most recent worth revision, petrol in Delhi is now retailing at Rs 97.81 a litre whereas diesel is promoting at Rs 89.07. In the monetary capital Mumbai, petrol worth now stands at Rs 112.51 whereas diesel prices Rs 96.70, information obtainable on Indian Oil Corporation’s web site confirmed.

This is the third hike in gasoline costs in a span of 4 days after every day worth revisions resumed after a niche of a document 137 days. The will increase are the steepest single-day rise for the reason that every day worth revision was began in June 2017. So far this week, each petrol and diesel have change into dearer by Rs 2.40 per litre within the nationwide capital.

Petrol and diesel costs have been stored unchanged since November 4 final yr 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 by round $30 per barrel and touching multi-year highs earlier this month.

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

Generally, the OMCs revise charges of petrol and diesel every day, primarily based on the typical worth of benchmark gasoline within the worldwide market within the previous 15-days and overseas trade charges.

In the worldwide market, oil costs fell about $1 on Friday because the United States and allies thought-about releasing extra oil from storage to chill markets and as merchants confronted larger prices for buying and selling benchmark Brent futures, information company Reuters reported earlier within the day.

Brent crude futures fell $1.07 (0.9 per cent) to $117.96 a barrel, after sliding 2.1 per cent within the earlier session. US West Texas Intermediate (WTI) crude futures fell $1.20 (1.1 per cent) to $111.14 a barrel, having dropped 2.3 per cent within the earlier session, the report stated.

Here’s what you pay for a litre of petrol and diesel in your metropolis on Friday, March 25, 2022:
City
Petrol (Rs/litre)
Diesel (Rs/litre)
New Delhi
97.81
89.07
Mumbai
112.51
96.70
Kolkata
107.18
92.22
Chennai
103.67
93.71
Bengaluru
103.11
87.37
Hyderabad
110.91
97.24
Patna
108.37
93.49
Bhopal
109.85
93.35
Jaipur
109.69
93.17
Lucknow
97.67
89.22
Thiruvananthapuram
108.98
96.01
Source: Indian Oil Corporation 

 

Copyright © 2024 Report Wire. All Rights Reserved