Fuel prices today: Petrol now costs Rs 80.38 per litre, diesel Rs 80.40

Fuel prices today: Petrol now costs Rs 80.38 per litre, diesel Rs 80.40

Oil advertising corporations on Saturday hiked gasoline prices for a 21st straight day. While petrol prices had been hiked by 25 paise to Rs 80.38 a litre, diesel will now price 80.40 per litre within the nationwide capital.

The value of petrol has been elevated by Rs 0.25 per litre whereas that of diesel by Rs 0.21 per litre. Rates differ from state to state, relying on value-added tax (VAT). The state had elevated the VAT on diesel from 16.75 per cent to 30 per cent and on diesel from 27 per cent to 30 per cent. This hike in VAT resulted in charges going up by Rs 1.67 per litre for petrol and a report Rs 7.10 for diesel on a single day.

In Mumbai, the value of petrol touched Rs 87.14 a litre and diesel went as much as Rs 78.71 a litre. In Kolkata, the prices had been at Rs 82.05 and Rs 75.52 a litre, respectively.

Notably, oil advertising corporations have been adjusting retail charges in keeping with costs after an 82-day break from fee revision amidst the Covid-19 pandemic. These corporations on June 7 restarted revising prices in keeping with costs.

Before the nation entered the lockdown, the common value of petrol and diesel in Delhi was Rs 69.60 per litre and Rs 62.30 per litre respectively.

The Congress celebration had known as the rise within the value of petrol and diesel ‘unjust’, ‘inconsiderate’ and demanded from the Central authorities to roll again improve with quick impact and go on the advantage of low oil prices on to the residents of this nation.

In an official assertion, the Congress Working Committee (CWC) had stated that no authorities ought to levy and impose such unacceptable pressure on its folks. Before the nation entered the lockdown, the common value of petrol and diesel in Delhi was Rs 69.60 per litre and Rs 62.30 per litre respectively.

In the month of June, the value of liquefied petroleum fuel (LPG) had additionally elevated by Rs 11.50 a cylinder in Delhi. For the present month, value of a 14.2 kg non-subsidised LPG cylinders was seen at Rs 593 in Delhi, Rs 590.50 in Mumbai, Rs 606.50 in Chennai, and Rs 616 in Kolkata.

LPG consumption recorded a development of 12.8 per cent in May as in comparison with the identical month in 2019, primarily due to the federal government scheme relating to free refills of cylinders for poor households.

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