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Gasoline and diesel prices rose across India after an 18-day hiatus

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According to a notification from fuel retailers, petrol prices in Delhi were increased by 15 paise to Rs. 90.55 a liter, while diesel saw an increase of 18 paise to Rs. 80.91 a liter .

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In Delhi, gasoline prices increased by 15 paise and diesel by 18 paise per liter

After an 18-day hiatus, the national petroleum marketing companies (WTO) on Tuesday raised fuel prices across the country. With the latest revision, petrol prices in Delhi rose 15 paise from ₹ 90.40 per liter to ₹ 90.55 per liter. In contrast, diesel prices rose 18 paise, from ₹ 80.73 per liter to ₹ 80.91 per liter in the nation’s capital. Fuel prices were last revised on April 15, 2021, when gasoline and diesel prices were cut by 16 paise and 14 paise, respectively.

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Mumbai customers will have to pay ₹ 87.98 per liter for diesel

Here are the prices of gasoline and diesel in the five subways as of May 5, 2021:

City Gasoline Diesel
Delhi ₹ 90.55 ₹ 80.91
Bombay ₹ 96.95 ₹ 87.98
Chennai ₹ 92.55 ₹ 85.90
Calcutta ₹ 90.76 ₹ 83.78
Bengaluru ₹ 93.60 ₹ 85.81

Mumbai customers will now have to pay ₹ 96.95 for a liter of gasoline, up 12 paise. However, the price of diesel increased by 17 paise to ₹ 87.98 per liter. The price of gasoline in Chennai was increased by 12 paise to ₹ 92.55 per liter, which cost of diesel increased to ₹ 85.90 per liter. In Calcutta, gasoline and diesel sell for ₹ 90.76 per liter and ₹ 83.78 per liter, respectively. Additionally, Bengaluru’s two auto fuels cost ₹ 93.60 per liter and ₹ 85.81 per liter for gasoline and diesel, respectively.

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Fuel price changes are implemented at 6 a.m. every day

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Gasoline and diesel prices have been reduced by 77 paise per liter and 74 paise per liter in total since March 24, 2021. Prior to these price cuts, the two motor fuels in 2021 had seen a price hike of ₹ 7.46 per liter and ₹ 7.60 per liter for gasoline and diesel, respectively.

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Indian Oil Corporation, Bharat Petroleum and Hindustan Petroleum are the three main oil marketing companies. Fuel price changes are implemented at 6 a.m. every day. Prices are determined based on world benchmarks for crude oil rates and taking into account changes in exchange rates. Fuel prices vary from state to state across the country due to value added tax or VAT.

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