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Friday, May 20, 2022

Petrol and diesel value May 13: Fuel value unchanged; Check costs in Delhi, Mumbai, different cities right here

Petrol and Diesel Rate Today in Delhi, Bangalore, Chennai, Mumbai, Lucknow: Petrol costs have now been left untouched for 37 consecutive days by oil advertising corporations (OMC). Prices have been regular since April 6 after OMCs hiked costs by Rs 10 per litre by 14 value hikes throughout main cities that began on March 22. Petrol within the National Capital of Delhi is at present priced at Rs 105.41 per litre, after the final hike of 80 paise practically a month in the past. Diesel within the metropolis is priced at Rs 96.67. In Mumbai, a litre of petrol and diesel value Rs 120.51 and Rs 104.77, respectively. Public sector OMCs together with Bharat Petroleum Corporation Ltd (BPCL), Indian Oil Corporation Ltd (IOCL) and Hindustan Petroleum Corporation Ltd (HPCL) revise the gas costs day by day in step with benchmark worldwide costs and overseas alternate charges. 

Prices have elevated throughout states however the magnitude of the revision in costs varies from state to state. Any modifications in petrol and diesel costs are carried out with impact from 6 am day by day. Retail petrol and diesel costs differ from state to state on account of native taxes like VAT or freight fees. Petrol costs have touched contemporary highs not too long ago, hitting as a lot as Rs 122.93 per litre in Sri Ganganagar, Rajasthan.

Although costs have been regular for greater than a month now, the sharp up-move charted by gas earlier has continued to weigh in on inflation. “While retail motor fuel prices were kept on hold for a large part of the month, averaging the effects of higher fuel prices over March implies that the upward monthly momentum remained sizeable,” analysts at Barclays mentioned. Retail inflation got here in at 7.79% in April, an 8-year excessive.

Petrol, diesel costs in Chennai, Kolkata, Bengaluru, Lucknow, Noida, Gurugram

Mumbai: Petrol value: Rs 120.51 per litre, Diesel value: 104.77 per litre

Delhi: Petrol value: Rs 105.41 per litre, Diesel value: Rs 96.67 per litre

Chennai: Petrol value: Rs 110.85 per litre, Diesel value: Rs 100.94 per litre

Kolkata: Petrol value: Rs 115.12 per litre, Diesel value: Rs 99.83 per litre

Bengaluru: Petrol: Rs 111.09 per litre, Diesel: Rs 94.79 per litre

Noida: Petrol: Rs 105.47 per litre, Diesel: Rs 97.03 per litre

Gurugram: Petrol: Rs 105.86 per litre, Diesel: Rs 97.10 per litre

Chandigarh: Petrol: Rs 104.74, Diesel: Rs 90.83 per litre

Crude Oil value

Crude oil costs gained on Friday morning, reversing some losses from earlier within the week. Rising inflation worries, weak world development outlook and reviving covid-19 circumstances proceed to weigh in on investor sentiment. Brent crude futures had been up 97 cents to commerce close to $108.42 per barrel. U.S. West Texas Intermediate (WTI) crude futures gained $1 to hover round $107 a barrel.

Source: www.financialexpress.com”

Business Khabar
Business Khabar
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