Gasoline and Diesel Prices Today: Gasoline and diesel prices are unchanged in all four subways on Thursday April 1. In Delhi, gasoline prices remained stable at Rs 90.56 per liter and diesel remained intact at Rs 80.87 per liter, according to the Indian Oil Corporation. In Mumbai, gasoline and diesel prices were 96.98 rupees per liter and 87.96 rupees per liter, according to the state-run oil refiner. Fuel prices in Mumbai are currently the highest of the four metros. (Read also: How to find the latest gasoline and diesel prices in your city)
Here are the latest gasoline and diesel prices in the four subways:
National gasoline and diesel prices vary from state to state due to value added tax or VAT. The oil marketing companies – Bharat Petroleum, Indian Oil Corporation and Hindustan Petroleum – align domestic fuel prices with global benchmarks taking into account any changes in exchange rates. Any change in fuel prices is implemented from 6 a.m. each day.
Meanwhile, oil prices fell about 2% on Wednesday as new lockdowns in Europe stoked fuel fears and pessimistic demand prospects from OPEC and its allies ahead of their meeting for decide on production restrictions.
May Brent, which expired Wednesday, was $ 63.54 a barrel, down 60 cents, or 0.9 percent. The most active contract for June ended at $ 1.43, or 2.2%, down to $ 62.74. US West Texas Intermediate (WTI) crude futures closed at $ 59.16 a barrel, losing $ 1.39, or 2.3 percent.