Petrol and diesel costs up for third consecutive day: Here’s what you pay in your metropolis

Petrol and diesel worth right now: Petrol and diesel costs climbed for the third straight day throughout the nation on Thursday, May 6, 2021. In the nationwide capital, the petrol worth rose by 25 paise whereas that of diesel inched up 30 paise.
This is the third consecutive revision in gasoline costs this month. Prior to this, petrol and diesel costs have been unchanged for 18 days with the earlier revision happening on April 15, 2021.
Following the newest worth revision, petrol in Delhi is now retailing at Rs 90.99 a litre whereas diesel is promoting at Rs 81.42. In the monetary capital Mumbai, petrol worth now stands at Rs 97.34 whereas diesel prices Rs 88.49, information obtainable on Indian Oil Corporation’s web site confirmed.

The worth of petrol had breached the Rs 100-mark in two locations in Rajasthan and Madhya Pradesh throughout the month of February, which levy the very best VAT on the gasoline within the nation. In these two cities, the important thing auto gasoline rose to Rs 101.85 in Rajasthan’s Sri Ganganagar, whereas diesel right here was obtainable at Rs 94.05 per litre. In Madhya Pradesh’s Anuppur, petrol now prices Rs 101.57 per litre and diesel is promoting for Rs 92.06.
Petrol and diesel costs differ from state to state relying on the native taxation (VAT) and freight prices.
The central and state taxes make up for 60 per cent of the retail promoting worth of petrol and over 54 per cent of diesel. Centre levies Rs 32.90 per litre of excise responsibility on petrol and Rs 31.80 a litre on diesel.

Oil advertising firms (OMCs) in current months had resorted to an unexplained freeze in every day fee revision. They had paused after reducing costs marginally on April 15. This coincided with the election campaigns hitting their peak for electing new governments in 5 key states. As quickly because the meeting polls ended, the OMCs indicated an impending rise in retail costs in view of the rising development in world oil markets.
In the worldwide market, oil costs rose on Thursday, recouping early losses, as crude stockpiles within the United States, the world’s largest oil shopper, fell extra sharply than anticipated as refining output rose and exports surged, information company Reuters reported earlier within the day.
Brent crude oil futures rose by 17 cents (0.3 per cent) to $69.13 a barrel by 0343 GMT, and US West Texas Intermediate (WTI) crude futures gained by 8 cents (0.1 per cent0 to $65.71 a barrel. Both benchmarks had hit their highest since mid-March on Wednesday earlier than retreating, the report mentioned.
Here’s what you pay for a litre of petrol and diesel in your metropolis on Thursday, May 6, 2021:
City
Petrol (Rs/litre)
Diesel (Rs/litre)
Sri Ganganagar
101.85
94.05
Anuppur
101.57
92.06
New Delhi
90.99
81.42
Mumbai
97.34
88.49
Kolkata
91.14
84.26
Chennai
92.90
86.35
Bengaluru
94.01
86.31
Hyderabad
94.57
88.77
Patna
93.25
86.62
Jaipur
97.36
89.92
Lucknow
89.15
81.79
Thiruvananthapuram
92.97
87.57
Source: Indian Oil Corporation