Petrol And Diesel Price Update: Jump in price of crude oil, did fuel price changed?

Petrol and Diesel Price Update

Petrol And Diesel Price Update: Crude oli price jumped today, on 29th July. Even on Saturday the price of crude oil was recorded beyond $85 per barrel. For a long time, the price was seen between $ 75 to $ 82 per barrel, but today, for the third consecutive day, crude oil was recorded above $ 83 per barrel. However, the prices of petrol and diesel in the Indian market are constant.

Petrol and Diesel Price

In Delhi, a litre of petrol costs 96.72 rupees and a litre of diesel costs 89.62 rupees. In Mumbai, a litre of petrol costs 106.31 rupees and a similar amount of diesel costs 94.27 rupees. Each litre of petrol and diesel costs 106.03 and 92.76 rupees in Kolkata, respectively. These are, however, 102.63 and 94.24 respectively for Chennai.

In fact , since May 21 of last year, when the previous pan-India change to these took place, fuel prices have remained virtually stable.

Additionally, it should be noticed that the prices of fuel and diesel differ from state to state. This is due to factors like value-added tax (VAT), transport expenses, local taxes, etc.

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