Petrol price breaches Rs 110-mark in Delhi, diesel unchanged; check fuel rates in your city today
1 min readPetrol and diesel price moment Petrol prices touched fresh record highs after it was hiked for the seventh successive day across the country on Tuesday, November 2, 2021. Still, diesel prices remained unchanged. In the public capital, petrol was risen by 35 paise a litre.
Following the rearmost price modification, petrol in Delhi is now selling at Rs110.04 a litre while diesel is dealing at Rs98.42. In the fiscal capital Mumbai, petrol price now stands at Rs115.85 while diesel costs Rs106.62, data available on Indian Oil Corporation’s website showed.
In India, the energy prices differ from state to state depending on the original taxation ( Handbasket) and freight charges. Piecemeal from this, the central government charges an excise duty on busfuels.The OMCs revise rates of petrol and diesel daily grounded on the average price of standard energy in the transnational request in the antedating 15- days, and foreign exchangerates.In the transnational request, canvas prices rose on Tuesday as crucial patron group OPEC undershot its anticipated pace of affair increases last month, while the world’s top canvas consumer China ramped up operating rates to meet a shaft in diesel demand, news agency Reuters reported before in the day.
Brent crude futures gained 28 cents (0.3 per cent) to$84.99 a barrel by 0117 GMT while US West Texas Intermediate (WTI) crude futures rose by 19 cents (0.2 per cent) to$84.24 a barrel, the report said.
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