Petrol, Diesel Price Today: Fuel costs had been hiked once more on Sunday, October 17 for the fourth consecutive day, primarily as a result of surging international crude oil costs. In the nationwide capital, petrol costs had been hiked by 35 paise from Rs 105.49 per litre to Rs 105.84 per litre, whereas diesel charges had been additionally hiked by 35 paise from Rs 94.22 to Rs 94.57 based on Indian Oil Corporation.
Interestingly, petrol now prices 33 per cent greater than the value at which aviation turbine gasoline (ATF) is offered to airways. ATF in Delhi prices Rs 79,020.16 per kilo litre or Rs 79 per litre.
In Mumbai, the petrol costs had been hiked by 34 paise to Rs 111.77 per litre, and diesel was additionally hiked by 37 paise to Rs 102.52 per litre. Petrol costs in Chennai crossed the Rs 103 per litre mark after being raised by 31 paise to achieve Rs 103.01 per litre. However petrol costs are nonetheless the bottom within the southern metropolis. Among the 4 metro cities, gasoline charges are the very best in Mumbai, based on the state-run oil refiner. Fuel charges differ throughout the states as a result of value-added tax or VAT. (Also Read: How To Check Latest Petrol And Diesel Rates In Your City).
Here are the petrol and diesel value throughout the metro cities:
State-run oil refiners similar to Indian Oil, Bharat Petroleum, and Hindustan Petroleum revise the gasoline charges every day, by making an allowance for the crude oil costs within the worldwide markets, and the rupee-dollar trade charges. Any adjustments in petrol and diesel costs are carried out with impact from 6 am daily.
On Friday, October 15, oil costs settled at a three-year excessive above $85 a barrel, boosted by forecasts of a provide deficit within the subsequent few months because the easing of Covid-related restrictions spurred demand.