State-backed oil advertising and marketing corporations (OMCs) hiked petrol costs by 28 paise whereas reducing diesel costs by 16 paise. Diesel charges have gone down for the primary time in virtually three months. Petrol and diesel charges have been final hiked on July 10 (Saturday) by 35 paise and 26 paise respectively. Gasoline charges have been saved unchanged on July 11 (Sunday).
After the latest revision in gasoline costs, petrol prices Rs 101.19 per litre in Delhi whereas diesel sells at Rs 89.72 per litre within the nationwide capital. Petrol now sells at Rs 107.20 per litre in Mumbai whereas diesel is down by 17 paise at Rs 97.29 per litre.
In Kolkata, petrol went up by 34 paise and diesel fell by 16 paise to settle at Rs 101.35 per litre and Rs 92.81 per litre respectively. Residents in Chennai will now should pay Rs 101.92 per litre for petrol and Rs 94.24 per litre for diesel respectively.
Additionally learn: Fuel rates hiked; petrol inches closer to Rs 107 per litre in Mumbai
Gasoline is promoting on the most exorbitant charges in Rajasthan’s Sri Ganganagar district. After a hike of 29 paise, petrol prices Rs 112.53 per litre within the district situated close to the India-Pakistan border and diesel went down by 17 paise to settle at Rs 102.98 per litre.
Petrol, diesel costs in metros on July 12
Delhi Rs 101.19 Rs 89.72
Mumbai Rs 107.20 Rs 97.29
Kolkata Rs 101.35 Rs 92.81
Chennai Rs 101.92 Rs 94.24
Oil costs are revised each day by factoring in value-added tax levied throughout totally different states and freight prices moreover common value of benchmark gasoline within the worldwide market within the previous 15 days in addition to the international alternate price.
Crude oil costs
Crude oil costs plummeted on July 12 (Monday) on slowing world progress and unfold of coronavirus variants, Reuters reported. Brent Crude fell by 15 cents or 0.2 per cent to $75.40 per barrel whereas US West Texas Intermediate (WTI) crude fell by 12 cents or 0.2 per cent to $74.44 per barrel.
Edited by Mehak Agarwal
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