Crude oil prices rose Friday morning. (Image: REUTERS)
Gasoline and Diesel Rates Today in Delhi, Bangalore, Chennai, Mumbai, Hyderabad: The prices of gasoline and diesel remain unchanged for the tenth consecutive day. The price of gasoline and diesel have been the same in major cities since the price drop 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
Crude Oil Prices Rise
Crude oil prices rose on Friday after slipping in recent days. US WTI crude traded at $ 59.77 per barrel, up 0.3%. Brent futures gained 0.1% to hit $ 63.27 a barrel, according to Reuters. “The positioning is much cleaner, even if the oil market remains directional. However, the sudden calm and lower volatility have drawn passive investors into the fray as the market structure around rapid spreads begins to tighten and the dollar begins to reverse, ”said Stephen Innes, Chief Global Market Strategist at Axi.
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