March 17, 2023

Fuel Prices Today: Domestic petrol and diesel costs differ throughout states as a result of VAT

Petrol, Diesel Price Today: Petrol and diesel costs are hiked once more throughout the 4 metros on Wednesday, June 16, in response to Indian Oil Corporation. In Delhi, the petrol costs have been elevated by 25 paise from Rs 96.41 per litre to Rs 96.66 per litre and diesel costs have been hiked by 13 paise from Rs 87.28 per litre to Rs 87.41 per litre. In Mumbai, the revised costs of petrol and diesel are Rs 102.82 per litre and Rs 94.84 per litre. Fuel charges differ throughout the states as a result of worth added tax. (Also Read: How To Check Latest Petrol And Diesel Rates In Your City)

Meanwhile, petrol costs are above Rs 107 and diesel has surpassed the Rs 100 mark at Rewa in Madhya Pradesh.

Here are the newest petrol and diesel costs throughout the 4 metro cities:

The state-run oil advertising firms – Indian Oil Corporation (IOC), Bharat Petroleum, and Hindustan Petroleum align the charges of home gas with that of the worldwide crude oil costs by bearing in mind any modifications in overseas alternate charges. Any modifications in gas costs are applied with impact from 6 am on daily basis. 

Meanwhile, oil costs rose practically 2 per cent to their highest in additional than two years on Tuesday, buoyed by expectations that demand will recuperate quickly within the second half of 2021.

Brent crude rose $1.13, or 1.6 per cent, to settle at $73.99 a barrel. The world benchmark hit $74.07 a barrel throughout the session, its highest since April 2019. U.S oil rose $1.24, or 1.8 per cent, to settle at $72.12 a barrel.

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