Petrol and diesel prices held steady on Thursday for the second consecutive day. On Tuesday petrol and diesel prices were cut by 22 paise and 23 paise per litre respectively. Today, a litre of petrol in Delhi would cost you Rs 90.56, while diesel would cost you Rs 80.87. In Mumbai, the retail price of petrol is Rs 96.98 per litre and Diesel is at Rs 87.96 per litre, as per Indian Oil Corporation.
Here’s what you pay for a litre of petrol and diesel in your city on Thursday (April 1):
Petrol and diesel prices differ from state to state due to the difference in VAT and freight charges.
“Prices of crude oil and petroleum products in the international market have been on a constant uptrend since November 2020. As India is largely import-dependent on crude oil and the prices are market-linked, the increase in international prices resulted in an increase in the domestic price of petroleum products,” IOC said in a press release.
Since the end of February, petrol and diesel prices have remained static because of international prices being range-bound. They have been cut by 60-61 paise a litre in three reductions in one week after global prices softened.
Published: April 1, 2021, 11:56 IST
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