Gasoline and diesel prices remain unchanged for the ninth consecutive day. (Image: REUTERS)
Gasoline and Diesel Rates Today in Delhi, Bangalore, Chennai, Mumbai, Hyderabad: Gasoline and diesel prices remain unchanged for the ninth consecutive day. The price of gasoline and diesel have been the same in major cities since the tariff cuts on March 30, 2021. Nation Capital Delhi cited a gasoline prices of Rs 90.56 per liter, diesel in the city was priced at Rs 80.87 per liter. Fuel prices remain highest in Mumbai, at Rs 96.98 per liter for gasoline. Bharat Petroleum Corporation Ltd (BPCL), Indian Oil Corporation Ltd (IOCL) and Hindustan Petroleum Corporation Ltd (HPCL) daily revise fuel prices on the basis of international reference prices and exchange rates.
The cost of gasoline in Bombay is the highest of any major city today at Rs 96.98 per liter, while diesel in the country’s finance capital costs Rs 87.96 per liter. The price discrepancy between Delhi and Mumbai is due to different prices in different cities. Gasoline and diesel prices are set on the basis of transport costs, local taxes and VAT. Currently, the base price of gasoline is Rs 32.79 per liter, followed by a transport charge of Rs 0.28 per liter. The dealer is charged 33.07 per liter for gasoline, plus 32.90 rupees per liter of excise duty, plus a dealer commission of 3.69 rupees and VAT of 20.90 rupees per liter. This makes the final price of gasoline in Delhi Rs 90.56 per liter.
Gasoline, diesel prices in Chennai, Kolkata, Bengaluru, Hyderabad, UP, Punjab, Haryana, Pune
Chennai: Gasoline price – Rs 92.58 per liter; Diesel price – Rs 85.88 per liter
Kolkata: Gasoline prices – Rs 90.77 per liter; Diesel price – Rs 83.75 per liter
Pune: Gasoline price – Rs 96.62 per liter; Diesel price – Rs 86.27 per liter
Bengaluru: Gasoline price – Rs 93.59 per liter; Diesel price – Rs 85.75 per liter
Hyderabad: Gasoline price – Rs 94.16 per liter; Diesel price – Rs 88.20 per liter
Noida (UP): Gasoline price – 88.91 per liter; Diesel price – Rs 81.33 per liter
Mohali (Punjab): Gasoline price – Rs 92.77 per liter; Diesel price – 83.72 per liter
Chandigarh: gasoline price 87.14 per liter; Diesel price – Rs 80.57 per liter
Gurugram (Haryana): Gasoline price – Rs 88.52 per liter; Diesel price – Rs 81.45 per liter
The price of crude oil is falling
Crude oil prices have fallen again as coronavirus cases continue to rise across the world and OPEC + decides to increase production in the coming months. US WTI crude traded at $ 59.39 a barrel, down 0.6%. Brent was also down 0.6% to $ 62.80 a barrel, according to Reuters. “After another fiery session as the market continues to digest the competitive narrative of US growth and the resumption of vaccine catching up in Europe from uncertain supply conditions,” said Stephen Innes, Chief Global Market Strategist at Axi. “The third and fourth wave virus outbreaks in Europe and parts of Asia, notably India, have raised foreclosure concerns that continue to weigh on upward market ambitions, hitting the outlook for rapid demand.” , he added.
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