Petrol, Diesel Prices Today: Fuel prices kept unchanged after seven days of hike
Business | November 03, 2021 10:13 ISTThe petrol and diesel prices in the national capital today are Rs 110.04 and Rs 98.42 per litre respectively
The petrol and diesel prices in the national capital today are Rs 110.04 and Rs 98.42 per litre respectively
Petrol in Delhi now costs Rs 107.24 a litre and diesel comes for Rs 95.97, according to a price notification of state-owned fuel retailers.
On Monday, a source said the Ministry of Petroleum and Natural Gas recently raised concerns about the matter of pricing, supply and demand of oils to the major oil-producing countries.
Rs 2-3 per litre cut in excise duty on petrol and diesel might be announced as a shield to prevent a further spike in prices of fuels.
Priyanka Gandhi Vadra's attack on the Modi government came over auto fuels now costing a third more than the rate at which aviation turbine fuel (ATF) is sold to airlines.
In the state capital Bhopal, the price of diesel reached Rs 100.1 per litre, while petrol stood at Rs 111.10 per litre, Ajay Singh, the president of Petrol Pump Dealers Association (PPDA), told PTI.
The British government put dozens of soldiers on standby Monday to help easy fuel supply problems caused by a shortage of truck drivers, a situation that has spurred panic buying of gasoline across the country.
Diesel price on Monday was hiked again by 24 to 26 paise per litre. This is the third increase after the state-owned oil firms ended a three-week hiatus in rates.
The GST Council meeting is currently underway in Lucknow. It is being presided over by Finance Minister Nirmala Sitharaman.
The GST Council might on Friday consider taxing petrol, diesel and other petroleum products under the single national GST regime, a move that may require huge compromises by both central and state governments on the revenues they collect from taxing these products.
M Fuel Kart Pvt Ltd has signed an agreement with BPCL to offer doorstep delivery of high-speed diesel in Delhi-NCR.
The daily review and revision of prices is based on the average price of benchmark fuel in the international market in the preceding 15-days, and foreign exchange rates.
Chidambaram also asked if prices had not changed as all chiefs of oil marketing companies were in quarantine until Aug 15 or all those reasons were responsible for it.
Petrol prices in the Mumbai rose to Rs 107.83 per litre on July 19, The price of diesel in the city was Rs 97.45 per litre.
The petrol prices were hiked in India on July 15 while diesel rates also followed a similar trend. Petrol price in the national capital rose to Rs 101.54 per litre on Thursday. Diesel sold at Rs 89.87 per litre. In Mumbai, the retail price of both petrol and diesel stood at Rs 107.54 and 97.45 respectively. As for Bhopal, petrol price stood at Rs 109.89 per litre and diesel cost Rs 98.67 per litre. Kolkata reported Rs 101.74 per litre for petrol and Rs 93.02 per litre for diesel.
Indraprastha Gas Limited (IGL) announced a hike in prices of CNG and PNG with effect from July 8. CNG retail price in Delhi revised from Rs 43.40/kg to Rs 44.30/kg while PNG domestic price to be Rs 29.66 per SCM. On the other hand, Petrol is sold in Delhi at Rs 100.56 per litre and diesel at Rs 89.62 per litre.
Diesel prices have also become dearer in the national capital by 0.09 paise to retail at Rs 89.62 per litre.
Petrol price in Delhi crossed Rs 100-mark on Wednesday after a fresh hike of Rs 35 paise. A litre of petrol in the national capital is being sold at Rs 100.21. The cost of diesel is Rs 89.53 a litre after oil companies hiked the price by 17 paise.
Expressing concern over the rising fuel prices, West Bengal Chief Minister Mamata Banerjee on Monday wrote to Prime Minister Narendra Modi urging him to lower the taxes charged by the Centre on petrol and diesel "to check the overall inflation" in the country.
While petrol was priced at Rs 99.86 per litre in Delhi after 35 paise hike, people in the national capital have to shell out Rs 89.36 (unchanged today) for one litre of diesel.
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