Petrol, diesel prices unchanged for 20 days in several cities. Latest rates here
1 min read . Updated: 05 Apr 2020, 08:55 AM IST- Petrol and diesel prices were hiked by Re 1- ₹1.5 this month in Mumbai, Bengaluru and Kolkata due to an increase in VAT
- The basic selling price of petrol and diesel has remain unchanged for 20 consecutive days
NEW DELHI : State-run fuel retailers today left the price of petrol and diesel unchanged for 20 days in a row. Fuel rates, however, saw a spike of Re 1- ₹1.5 in Mumbai, Bengaluru and Kolkata as a result of a hike in VAT by the respective state governments. The basic selling price remains unchanged. Petrol and diesel rates were last revised on March 16.
In Delhi, a litre of petrol is priced at ₹69.59 per litre and diesel at ₹62.29 per litre today. In Mumbai, petrol is selling at ₹76.31 per litre and diesel at ₹66.21 per litre. In Chennai, a litre of petrol will cost ₹72.28 per litre whereas diesel is now priced at ₹65.71 per litre. In Bengaluru, petrol is now selling at ₹73.55 and diesel at ₹65.96. In Hyderabad, petrol pumps are charging ₹73.97 for petrol and ₹67.82 for diesel. If you are in Gurgaon, you will have to shell out ₹70.21 for petrol and ₹62.08 for diesel. In Kolkata, petrol pumps are charging ₹73.30 for petrol and ₹65.62 for diesel.
Biden announces return to global climate accord, new curbs on US oil industry
3 min read . 08:24 AM IST
Amid a 21-day nationwide lockdown, petrol sales fell by 17% and that of diesel by 26% in March, according to a report by Reuters. Petrol sales in March were about 1.94 million tonnes, while diesel sales reduced to 4.98 million tonnes.
Although petrol pumps are in the exempt category during the lockdown period, retailers at several places have been asked to sell fuel only to those providing essential or emergency services. In Maharashtra's Beed district, authorities sealed a petrol pump in Majalgaon for violating an order to not sell fuel to private vehicles during the lockdown.
In the international market, crude oil prices have recovered from the lows of $20 per barrel after the the OPEC and its allies said they are working on a deal to cut oil production by around 10%. Brent crude oil settled at $34.11 per barrel on Friday, but far below the $66 closing level at the end of 2019.
(Inputs from agencies)
Click here to read the Mint ePaperMint is now on Telegram. Join Mint channel in your Telegram and stay updated with the latest business news.
