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Fuel Prices Unchanged For Sixth Day, Diesel Still Costlier Than Petrol In Delhi

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Fuel Prices Unchanged For Sixth Day, Diesel Still Costlier Than Petrol In Delhi

Domestic petrol and diesel costs are broadly decided by crude oil and foreign exchange charges

Petrol and diesel costs remained unchanged within the metros on Sunday, a sixth consecutive day of no change following three weeks of every day hikes. Diesel continued to stay marginally costlier in Delhi in comparison with petrol. State-run oil advertising firms raised the costs of petrol and diesel – that are decided broadly by international crude oil costs and the rupee-dollar overseas change charge – on most days beginning June 7 following a 12-week pause as international oil charges retraced among the losses from sharp losses lately. (Also Read: How To Find Latest Petrol, Diesel Rates In Your City) 

Here are the newest petrol and diesel costs in metros (in rupees per litre):

CityPetrolDiesel
Delhi80.4380.53
Kolkata82.1075.64
Mumbai87.1978.83
Chennai83.6377.72
(Source: Indian Oil)

Currently, the costs of petrol is at Rs 80.43 per litre in Delhi and Rs 87.19 per litre in Mumbai. The charges of diesel are at Rs 80.53 per litre and Rs 78.83 per litre within the metros respectively.

Domestic petrol and diesel costs are broadly decided by crude oil and foreign exchange charges, and fluctuate from state to state on account of worth added tax (VAT).

On Thursday, Brent crude futures – the worldwide benchmark for crude oil – gained almost three per cent to $43.14 per barrel, in comparison with the 21-year low of $15.98 recorded in April. International crude oil costs have regained some floor from March lows because the easing of restrictions on transport and industrial exercise across the globe boosted gasoline demand.

Currently, the rupee is at 74.64 towards the US greenback, down 6 per cent to this point this yr. 

On June 7, state-run oil advertising firms Indian Oil, Hindustan Petroleum and Bharat Petroleum  – which account for almost all of petrol and diesel shops within the nation – restarted the conventional system of every day worth opinions in keeping with prices following an 82-day hiatus. 

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