Petrol, Diesel Prices Hiked Again; Petrol Inches Towards Rs. 101/Litre Mark In Mumbai
The state-owned oil marketing companies (OMCs) on Tuesday once again increased domestic fuel prices across the country. As per data available on Indian Oil Corporation’s website, petrol became costlier by 26 paise a litre, while diesel soared by 23 paise a litre in the national capital. Customers in Delhi will have to pay ₹ 94.49 a litre and ₹ 85.38 a litre for petrol and diesel, respectively. The fuel rates have been increased for the 17th time since May 4, 2021.
Here are the petrol and diesel prices across five major metros on June 1, 2021:
|Delhi||₹ 94.49||₹ 85.38|
|Mumbai||₹ 100.72||₹ 92.69|
|Chennai||₹ 95.99||₹ 90.12|
|Kolkata||₹ 94.50||₹ 88.23|
|Bengaluru||₹ 97.64||₹ 90.51|
In Mumbai, petrol is inching towards the ₹ 101 per litre mark, which jumped to ₹ 100.72 a litre from ₹ 100.47 a litre, while diesel increased to ₹ 92.69 per litre. Other metro cities witnessed a similar hike in fuel prices. In Chennai, petrol and diesel are priced at ₹ 95.99 a litre and 90.12 a litre, respectively. Customers in Kolkata will now have to pay ₹ 94.50 per litre for petrol and ₹ 88.23 a litre for diesel. In Bengaluru, petrol has reached ₹ 97.64 per litre, while diesel costs ₹ 90.51 per litre.
Fuel prices are the most expensive in Rajasthan’s Sri Ganganagar district where petrol currently stands at ₹ 105.52 per litre, while diesel is priced at ₹ 98.32 per litre. In the Rewa district of Madhya Pradesh, petrol has touched ₹ 104.82 per litre, while diesel is priced at ₹ 95.95 a litre. Other regions where petrol and diesel rates have already crossed the ₹ 100 and ₹ 90 per litre mark, respectively, include – Anuppur, Jaisalmer, Banswara, Indore, Bhopal, Gwalior, Ratnagiri, Aurangabad, Kolhapur, Nashik, and Parbhani.
Indian Oil Corporation, Bharat Petroleum, and Hindustan Petroleum are the three leading oil marketing companies. They revise domestic fuel prices with global benchmarks by taking into account alterations in the foreign exchange rates accordingly. The fuel rates vary from state to state in the country due to the value-added tax or VAT.