Latest News Today – Petrol, Diesel Prices Remain Unchanged For 14th

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Petrol And Diesel Prices Remain Unchanged For 14th Consecutive Day

Petrol, diesel prices remain unchanged for 14th consecutive day

Petrol, Diesel Price Today: Petrol and diesel prices remained unchanged across the four metro cities for the 14th consecutive day on Sunday, August 1. In the national capital, petrol prices were steady at Rs 101.84 per litre and diesel rates were unchanged at Rs 89.87 per litre, according to data by Indian Oil Corporation. In Mumbai, petrol prices stood at Rs 107.83 per litre and diesel is retailed at Rs 97.45 per litre. (Also Read:How To Check Latest Petrol And Diesel Rates In Your City). 

Currently, among the four metro cities, petrol and diesel prices are the highest in Mumbai, according to the state-run oil refiner. Fuel rates vary across the states due to value-added tax.

State-run oil refiners such as Indian Oil, Bharat Petroleum, and Hindustan Petroleum revise fuel rates on a daily basis, considering crude oil prices in the international markets and the rupee-dollar exchange rates. Any changes in petrol, diesel prices are implemented with effect from 6 am every day.  

Here are the petrol and diesel price across the metro cities:

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Latest News Today – Fuel Rates Remain Unchanged Across Metros

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Fuel Rates Remain Unchanged on Sunday, July 18, 2021

Petrol and Diesel Rates Today In Delhi, Kolkata, Chennai, Mumbai: Fuel prices remained unchanged

Petrol, Diesel Price Today: Petrol and diesel prices remained unchanged on Sunday, July 18 across the four metro cities, a day after they were hiked on July 17. On Saturday, petrol rates were hiked by 30 paise from Rs 101.54 to Rs 101.84 per litre, while diesel rates remained steady at Rs 89.87 in the national capital, according to Indian Oil Corporation. In Mumbai, the revised petrol prices stood at Rs 107.83 per litre, and diesel at Rs 97.45 after the hike on Saturday. (Also Read:How To Check Latest Petrol And Diesel Rates In Your City). 

Currently, among the four metros, petrol and diesel prices are the highest in Mumbai, according to the state-run oil refiner. Fuel rates vary across the states in India due to value-added tax. 

Here are the petrol and diesel price across the metro cities:

Petrol and diesel rates are revised by state-run oil refiners such as Indian Oil, Bharat Petroleum, and Hindustan Petroleum on a daily basis, considering crude oil prices in the international markets and rupee-dollar exchange rates. Any changes in fuel prices are implemented with effect from 6 am every day. 

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Latest News Today – Petrol, Diesel Prices Kept Unchanged On Friday. Check

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Petrol, Diesel Prices Kept Unchanged On Friday. Check Prices Here

Petrol, Diesel Price Today: Petrol and diesel prices were kept unchanged on Friday, July 9, as crude oil prices were set for a weekly decline on concerns that an OPEC+ impasse could swell global crude supplies. Petrol price was kept unchanged at record high of Rs 100.56 per litre in Delhi and diesel was priced at Rs 89.62 per litre, according to the country’s largest oil refiner Indian Oil. Currently, petrol is most expensive in Mumbai among the four metro cities in the country. Petrol is being retailed at Rs 106.59 and diesel is sold at Rs 97.18.

Currently, petrol and diesel prices are revised on a daily basis by state-run oil refiners like Indian Oil, Bharat Petroleum and Hindustan Petroleum considering crude oil prices in international markets and rupee-dollar exchange rate. Any changes in fuel prices are implemented with effect from 6 am every day.

Here are the petrol and diesel price across the metro cities:

Brent crude oil futures were down 9 cents, or 0.1 per cent, at $74.03 a barrel by 7:10 am. US West Texas Intermediate futures were up 1 cent at $72.95 a barrel.

Both benchmarks were headed for a loss of nearly 3 per cent for the week, as traders remained worried that the collapse of talks between the Organization of the Petroleum Exporting Countries and allies including Russia, a group known as OPEC+, could lead to a rise in crude supplies.

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Latest News Today – Fuel Prices Hiked After Two Days

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Petrol, Diesel Prices Hiked After Two Days On Sunday

Petrol and diesel rates today in Delhi, Kolkata, Chennai, Mumbai: Fuel prices hiked after two days

Petrol, Diesel Price Today: Petrol and diesel prices were hiked across the four metro cities on Sunday, July 4, according to data released by the Indian Oil Corporation (IOC). In the national capital, petrol prices are gradually inching towards the century mark as they were hiked by 35 paise to stand at Rs 99.51 per litre. Diesel prices too were hiked by 18 paise in the national capital to reach Rs 89.36 per litre.

In Mumbai, fuel prices continue to reach new heights as petrol is now priced at Rs 105.58 per litre after a 34 paise hike while diesel went up by 19 paise to reach Rs 96.91 per litre. 

While this is the second time that fuel prices have been raised in July, they were hiked 16 times in June, according to the information provided by the state-run oil refiner. Fuel rates vary across the states in India due to value-added tax. (Also Read:How To Check Latest Petrol And Diesel Rates In Your City)

Here are the latest petrol and diesel prices across the four metro cities:

The state-run oil marketing companies – Bharat Petroleum, Indian Oil, and Hindustan Petroleum align the rates of domestic fuel with that of the global crude oil prices by taking into account any changes in the foreign exchange rates. Any changes in fuel prices are implemented with effect from 6 am every day. 

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Latest News Today – Rates Remain Unchanged, Check Prices Here

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Petrol And Diesel Price Today May 30, 2021: Rates Remain Unchanged, Check Prices Here

Petrol and Diesel Rate today in Delhi, Kolkata, Chennai, Mumbai: Fuel prices were unchanged in all metros

Petrol, diesel prices today: Petrol and diesel prices remained unchanged across the four metros on Sunday, May 30, a day after they were hiked for the 15th time since May 4. In the national capital, petrol prices were on Saturday raised by 26 paise from Rs 93.68 per litre to Rs 93.94 per litre, while diesel prices were increased by 28 paise from Rs 84.61 per litre to Rs 84.89 per litre, according to Indian Oil Corporation. 

State-run oil refiners had hiked petrol and diesel prices on May 4, ending an 18-day hiatus in rate revision observed during the assembly elections held in states such as Tamil Nadu and West Bengal among others. (Also Read: How To Find Latest Petrol, Diesel Rates In Your City)

Petrol had crossed the Rs 100 mark in Mumbai on May 29 and the price in the financial capital stands at Rs 100.19 per litre. Diesel is retailed at Rs 92.17 per litre in Mumbai. Moreover, the petrol rates had already crossed the Rs 100-mark in several cities of Madhya Pradesh and Rajasthan. Fuel rates vary across the states in the country due to value-added tax or VAT. 

Below are the latest petrol and diesel prices across four metro cities:

The state-run oil marketing companies including Indian Oil Corporation (IOC), Bharat Petroleum, and Hindustan Petroleum align the rates of domestic fuel with that of global crude oil prices by taking into account any changes in the foreign exchange rates. Any changes in fuel prices are implemented with effect from 6 am every day.

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Latest News Today – Petrol, Diesel Prices At Record High, Petrol Crosses Rs

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Petrol, Diesel Prices At Record High, Petrol Crosses Rs 100 Mark In Mumbai

Petrol and Diesel Rate today in Delhi, Bangalore, Chennai, Mumbai: Fuel prices increased in all metros

Petrol, diesel prices today: Petrol and diesel prices were hiked across the four metros on Saturday, May 29. In the national capital, petrol prices were raised by 26 paise from Rs 93.68 per litre to Rs 93.94 per litre, while diesel prices were increased by 28 paise from Rs 84.61 per litre to Rs 84.89 per litre, according to Indian Oil Corporation. This is the 15th increase in fuel prices since May 4, when state-run oil refiners ended an 18-day hiatus in rate revision observed during assembly elections in states such as Tamil Nadu, West Bengal. (Also Read: How To Find Latest Petrol, Diesel Rates In Your City)

Petrol crossed the Rs 100 mark in Mumbai and the new petrol prices in the financial capital stand at Rs 100.19 per litre. Diesel is retailed at Rs 92.17 per litre in Mumbai. Moreover, the petrol rates had already crossed the Rs 100-mark in several cities of Madhya Pradesh and Rajasthan. Fuel rates vary across the states in the country due to value-added tax or VAT. 

Below are the latest petrol and diesel prices across four metro cities:

The state-run oil marketing companies including Indian Oil Corporation (IOC), Bharat Petroleum, and Hindustan Petroleum align the rates of domestic fuel with that of global crude oil prices by taking into account any changes in the foreign exchange rates. Any changes in fuel prices are implemented with effect from 6 am every day.

Meanwhile, on Friday, May 28, Brent crude futures, the global oil benchmark, advanced 0.30 per cent to $ 69.67 per barrel. The rupee continued its three-day winning streak to gain 15 paise at 72.45 against the US dollar on Friday.

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VAT’s burning a hole in your pocket: Telangana 2nd in | Hyderabad News

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HYDERABAD: A close scan of VAT (value-added tax) levied by states in the country shows that Telangana has the second-highest VAT for both petrol and diesel in the country.

With petrol price hovering at Rs 94.18 and diesel at Rs 88. 31 per litre, experts said the high VAT will lead to additional cost for consumers each time there is a change in base price by oil companies. Currently, the state is charging 35.2% as VAT for petrol per litre and 27% for diesel per litre.
Rajasthan leads in the country with the highest tax across the country at 36% VAT on petrol and Rs 1,500 per kilo litre as road development cess.
Odisha is the top state in having the highest VAT on diesel with 28% followed by Telangana with 27%.
Karnataka closely follows Telangana with 35% tax on petrol, while Andhra Pradesh, Assam, Delhi, Kerala and Madhya Pradesh are other states which have more than 30% VAT on petrol per litre.
In case of diesel, Rajasthan and Chhattisgarh are the only states having more than 25% VAT along with Telangana.
Earlier, Telangana used to levy about 33% tax on petrol and additional Rs 4 as additional tax. But some time back the state adjusted the tax to only 35% without additional tax.
Applying the present rate and VAT% of diesel and petrol, consumers are paying Rs 17.79 and Rs 23.06 per litre respectively to the state government directly. Though excise duty levied by the central government on per litre petrol is constant at Rs 32.90 and Rs 31.80 for diesel, the VAT levied by state governments goes up each time there is a base price change and consumers are forced to shell out extra.
Industry sources say the small change in the price in the last one week helped Telangana earn Rs 100 crore.
But there is a flip side to it also.
“Because of the high VAT on diesel, states will lose the volume of sales to other states. For example, Karnataka has high VAT on petrol but due to less VAT on diesel, it is able to attract diesel buyers (mostly transport vehicles) from other states. This will dent the state’s income as well as petrol bunk sales,” a source privy to the development said.

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Petrol, Diesel Prices Remain Unchanged On Sunday Check | Sidnaz Blog

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Petrol, Diesel Prices Remain Unchanged On Sunday

Fuel Prices: Domestic petrol and diesel prices vary across states due to value added tax (VAT).

Petrol, Diesel Prices Today: Petrol and diesel prices in the metros remained unchanged for the fourth consecutive day, on Sunday, January 31. In the national capital, the price of petrol remained unchanged at Rs 86.30 per litre and diesel was steady at Rs 76.48 per litre, according to Indian Oil Corporation, the country’s largest fuel retailer. Meanwhile, in Mumbai, the petrol and diesel prices are at Rs 92.86 per litre and Rs 83.30 per litre respectively, the highest among all four metros. (Also ReadHow To Check Latest Petrol And Diesel Rates In Your City)

Here are the current prices of petrol and diesel (in rupees per litre):

City Petrol Diesel
Delhi 86.30 76.48
Mumbai 92.86 83.30
Chennai 88.82 81.71
Kolkata 87.69 80.08
Source: Indian Oil

Petrol and diesel prices have recorded an upswing since January 6, 2021, after staying unchanged for almost a month. Fuel rates have increased amid a rally in global crude oil prices, with COVID-19 vaccination drives beginning across the world. 

Oil marketing companies  – Indian Oil Corporation, Bharat Petroleum, and Hindustan Petroleum align the prices of domestic fuel with the global benchmarks, by taking into account any alterations in the foreign exchange rates. Any changes in fuel prices are implemented with effect from 6 am every day. The fuel rates vary from state to state across the country due to the value-added tax or VAT.

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On Friday, January 29, brent crude futures, the global oil benchmark, rose 0.41 per cent to $55.76 per barrel.

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Petrol, Diesel Rates Unchanged On Saturday 2 January | Sidnaz Blog

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Petrol, Diesel Prices Unchanged  For 25 Days In A Row

Fuel Prices: Domestic petrol and diesel prices vary across states due to value added tax

State-run oil marketing companies kept the petrol and diesel prices unchanged day on Saturday, January 2, 2021. The fuel rates have now remained unchanged for 25 days in a row. In the national capital, the price of petrol remained the same at Rs 83.71 per litre and diesel was steady at Rs 73.87 per litre — the same level as on Friday, according to Indian Oil Corporation, the country’s largest fuel retailer. In Mumbai, petrol and diesel prices were the same, at Rs 90.34 per litre and Rs 80.51 per litre respectively. The fuel rates in the financial capital are the highest among the four metros across the country. (Also Read: How To Check Latest Petrol And Diesel Rates In Your City)

Here are the current prices of petrol and diesel (in rupees per litre):

City Petrol Diesel
Delhi 83.71 73.87
Mumbai 90.34 80.51
Chennai 86.51 79.21
Kolkata 85.19 77.44
Source: Indian Oil

The oil marketing companies  – Indian Oil, Bharat Petroleum, and Hindustan Petroleum align the domestic fuel prices with that of global benchmarks by taking into account any revisions in the foreign exchange rates. Any changes in fuel prices are implemented with effect from 6 am every day. The fuel rates vary from state to state in the country due to the value-added tax (VAT). 

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Meanwhile, on Friday, December 1, brent crude futures, the global oil benchmark, advanced 0.33 per cent to $ 51.80 per barrel. The rupee slipped by four paise against the US dollar to settle at 73.11, on on the first trading session of New Year, snapping its six-session winning streak.

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Petrol, Diesel Rates Unchanged On Friday 1 January 2021 | Sidnaz Blog

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Petrol, Diesel Prices Remain Unchanged On Friday

Fuel Prices: Domestic petrol and diesel prices vary across states due to value added tax (VAT).

State-run oil marketing companies kept the petrol and diesel prices unchanged for the 24th straight day on Friday, January 1, 2021. In Delhi, the price of petrol remained steady at Rs 83.71 per litre and diesel was unchanged at Rs 73.87 per litre — the same level as on Wednesday, according to Indian Oil Corporation, the country’s largest fuel retailer. In Mumbai, petrol and diesel rates were Rs 90.34 per litre and Rs 80.51 per litre respectively. The fuel prices in Mumbai are the highest among the four metros across the country. (Also Read: How To Check Latest Petrol And Diesel Rates In Your City)

Here are the current prices of petrol and diesel (in rupees per litre):

City Petrol Diesel
Delhi 83.71 73.87
Mumbai 90.34 80.51
Chennai 86.51 79.21
Kolkata 85.19 77.44
Source: Indian Oil

The oil marketing companies  – Bharat Petroleum, Indian Oil, and Hindustan Petroleum align the domestic fuel prices with that of global benchmarks by taking into account any changes in the foreign exchange rates. Any changes in fuel prices are implemented with effect from 6 am every day. The fuel rates vary from state to state due to the value-added tax (VAT).

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On Thursday, December 31, the last trading day of 2020, brent was trading down 18 cents, or 0.4 per cent, at $51.45 a barrel, as of 0136 GMT and U.S. West Texas Intermediate (WTI) lost 0.1 per cent, or 5 cents, to $48.35 a barrel.

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