New Delhi: Petrol and diesel prices remained unchanged for the 18th consecutive day on Monday, as oil advertising and marketing firms stored charges on maintain.
Petrol worth on Thursday (April 15) was reduce by 16 paise per litre and diesel by 14 paise — the fourth minor discount in charges in three weeks that adopted six months of relentless worth will increase. Petrol now prices Rs 90.40 per litre in Delhi, down from Rs 90.56, in keeping with a worth notification of state-owned gas retailers. A litre of diesel comes for Rs 80.73 per litre as in opposition to Rs 80.87 beforehand.
Petrol prices have gone up by a document Rs 21.58 per litre in the final one yr whereas diesel prices have elevated by Rs 19.18 a litre.
Here is wanting on the worth distinction of diesel and petrol in 4 metro cities on May 03, 2021.
| City | Petrol | Diesel |
|---|---|---|
| Delhi | 90.40 | 80.73 |
| Mumbai | 96.83 | 87.81 |
| Chennai | 92.43 | 85.75 |
| Kolkata | 90.62 | 83.61 |
Central authorities makes up for Rs 32.98 per litre of the value of petrol in Delhi and gross sales tax or VAT of the state authorities constitutes Rs 19.55.
For diesel, the central excise provides as much as Rs 31.83 and VAT to Rs 10.99. Besides, the value additionally features a supplier fee of a minimal Rs 2.6 per litre on petrol and Rs 2 on diesel.
Petrol and diesel prices are revised each day in line with benchmark worldwide worth and international change charges. This is the primary reduce in the month of April whereas Crude Oil has now crossed $ 66 per barrel in the worldwide market.
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The second wave of coronavirus sweeping the nation has pummelled gas gross sales in April as native restrictions clamped to curb the unfold of inflection stifled demand, preliminary knowledge confirmed.
“At the end of April, overall fuel demand is down by about 7 per cent from pre-Covid level of April 2019,” Arun Singh, Director for Marketing and Refineries at Bharat Petroleum Corporation Ltd (BPCL), stated.
