Petrol and diesel costs on March 29: Check gas charges in your metropolis right now

Petrol and diesel worth right now: Prices of petrol and diesel had been hiked but once more throughout the nation for the fifth successive day on Tuesday, March 29, 2022. In the nationwide capital, petrol worth was raised by 80 paise a litre whereas diesel was up by 70 paise.

Following the newest worth revision, petrol in Delhi breached the Rs 100-mark and is now retailing at Rs 100.21 a litre whereas diesel is promoting at Rs 91.47. In the monetary capital Mumbai, petrol worth now stands at Rs 115.04 whereas diesel prices Rs 99.25, knowledge out there on Indian Oil Corporation’s web site confirmed.

This is the seventh hike in gas costs in a span of eight days as each day worth revisions resumed after a spot of a file 137 days on March 22, 2022. So far, each petrol and diesel have been hiked by Rs 4.80 per litre within the nationwide capital.

Petrol and diesel costs had been saved unchanged since November 4 final yr operating all the way in which 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 world 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 nevertheless that didn’t occur until final week. The state-run oil advertising and marketing firms (OMCs) are actually recouping their losses.

Generally,  the OMCs revise charges of petrol and diesel each day, primarily based on the typical worth of benchmark gas within the worldwide market within the previous 15-days and international change charges.

In the worldwide market, US crude futures fell on Tuesday, extending losses from the day before today as Ukraine and Russia headed for peace talks and on fears of a drop in gas demand in China after the monetary hub of Shanghai shut all the way down to curb a surge in COVID-19 instances, information company Reuters reported.

Brent crude futures had been buying and selling down $1.07 (1.0 per cent) at $111.41 a barrel, having dipped as little as $109.97. US West Texas Intermediate (WTI) crude futures hit a low of $103.46 in early commerce and had been down 79 cents (0.8 per cent) at $105.17, the report stated.

Here’s what you pay for a litre of petrol and diesel in your metropolis on Tuesday, March 29, 2022:
City
Petrol (Rs/litre)
Diesel (Rs/litre)
New Delhi
100.21
91.47
Mumbai
115.04
99.25
Kolkata
109.68
94.62
Chennai
105.94
96.00
Bengaluru
105.62
89.70
Hyderabad
113.61
99.84
Patna
110.85
95.88
Bhopal
112.46
95.81
Jaipur
112.32
95.61
Lucknow
100.06
91.62
Thiruvananthapuram
111.53
98.47
Source: Indian Oil Corporation