Petrol, Diesel Prices Hiked Again On Sunday, Touch Record Highs. Check Latest Rates Here

Gas Costs: Home petrol and diesel costs fluctuate throughout states as a result of worth added tax (VAT).

Petrol, diesel costs at present: Petrol and diesel costs have been hiked once more throughout the metros on Sunday, Might 16, after a day’s pause. In Delhi, petrol costs have been elevated by 24 paise from Rs 92.34 per litre to Rs 92.58 per litre and diesel was hiked by 27 paise from Rs 82.95 per litre to Rs 83.22 per litre, in keeping with Indian Oil Company. Presently, petrol and diesel costs are the very best in Mumbai. In Mumbai, petrol is being offered at Rs 98.88 per litre and diesel is retailed at Rs 90.40 per litre, in keeping with the state-run oil refiner. 

That is the ninth hike since Might 4, when the state-owned oil firms ended a hiatus in price revision that was noticed throughout meeting elections. Petrol and diesel costs fluctuate throughout states because of the value-added tax or VAT. (Additionally Learn: How To Discover Newest Petrol, Diesel Charges In Your Metropolis)

Under are the newest petrol and diesel costs throughout 4 metro cities:

The state-run oil advertising and marketing firms together with Indian Oil Company (IOC), Bharat Petroleum, and Hindustan Petroleum align the charges of home gas with the worldwide crude oil costs by making an allowance for modifications within the international alternate charges. Any modifications in gas costs are carried out with impact from 6 am day by day.

In the meantime, oil costs fell on Friday after dropping about three per cent a day earlier as coronavirus circumstances remained excessive in main oil client India. Brent crude oil futures have been down 35 cents, or 0.5 per cent, at $66.70 a barrel and West Texas Intermediate (WTI) was down 28 cents, or 0.Four per cent, at $63.54 a barrel.

Scroll to Top