Fuel costs throughout the nation remained regular on Friday, January 28, in keeping with a value notification by state-owned oil advertising corporations (OMCs). The present 84-days freeze by the OMCs is the longest since each day gas value revision was adopted in 2017 and the pause could also be linked to the following elections in states like Uttar Pradesh and Punjab. Prior to this, there was an 82-day pause in price revision between March 2020 and June 2020.
According to a value notification by state-owned gas retailers, the value of petrol in Delhi retails at Rs 95.41 per litre, on Friday, whereas diesel within the metropolis is offered at Rs 86.67 per litre. It is to be famous the present revised value is after accounting for the Delhi state authorities diminished Value Added Tax (VAT) on petrol alone from 30% to 19.40% on December 1, 2021. The costs have remained the identical ever since.
Meanwhile, in Mumbai, petrol is retailing at Rs 109.98 per litre, diesel costs have remained unchanged at Rs 94.14 per litre.
Petrol value in Chennai is Rs 101.40 per liter whereas diesel is retailing at Rs 91.42 per liter in Tamil Nadu’s capital.
Similarly, in Kolkata a liter of petrol is being offered for Rs 104.67 and a liter of diesel is retailing at Rs 89.79 respectively.
Both key gas costs have been steady because the Union authorities collectively revised excise responsibility on each key fuels on November 4 final yr to offer aid from costs that had touched an all-time excessive. Excise responsibility on petrol was diminished by Rs 5 per liter and that on diesel was diminished by Rs 10 a liter respectively on November 4.
Meanwhile, world benchmark crude oil costs rose on Friday, amid considerations of tight provides as main producers continued their coverage of managed output will increase amid rising gas demand, Reuters reported.
After falling 62 cents throughout the day prior to this, Brent crudes futures climbed 49 cents, or 0.6%, to settle at $89.83 a barrel at 0310 GMT. The US West Texas Intermediate (WTI) crude futures, which declined 74 cents on Thursday, rose 62 cents, or 0.7%, to $87.23 a barrel on Friday.
Petrol and Diesel Prices on January 28 in Delhi, Mumbai and Other Places Across India
Petrol value in Mumbai – Rs 109.98 per liter
Diesel value in Mumbai – Rs 94.14 per liter
Petrol value in Delhi- Rs 95.41 per liter
Diesel Price in Delhi – Rs 86.67 per liter
Petrol value in Chennai- Rs 101.40 per liter
Diesel value in Chennai- Rs 91.43 per liter
Petrol value in Kolkata – Rs 104.67 per liter
Diesel value in Kolkata- Rs 89.79 per liter
Petrol value in Trivandrum – Rs 106.04 per liter
Diesel Price in Trivandrum – Rs 93.17 per liter
Petrol value in Hyderabad – Rs 108.20 per liter
Diesel value in Hyderabad – Rs 94.62 per liter
Petrol value in Bengaluru – Rs 100.58 per liter
Diesel value in Bengaluru – Rs 85.01 per liter
Petrol value in Jaipur – Rs 106.64 per liter
Diesel value in Jaipur – Rs 90.32 per liter
Petrol value in Lucknow – Rs 95.28 per liter
Diesel value in Lucknow – Rs 86.80 per liter
Petrol value in Bhubaneswar – Rs 101.81 per liter
Diesel value in Bhubaneswar – Rs 91.62 per liter