Petrol and Diesel Rate Today, 2 June- Some cities see revision; Check rates in Delhi, Mumbai, other cities
时间:2024-06-16 19:59:51 阅读(143)
Petrol and Diesel Rate Today in Delhi, Bangalore, Chennai, Mumbai, Hyderabad: Petrol and diesel prices were constant on Friday, 2 June across New Delhi, Kolkata, Mumbai, and Chennai. Petrol rates and diesel rates have been steady over the last twelve months. However, individual cities see fluctuations in their prices everyday. The prices of petrol and diesel change state by state, depending upon various criteria such as Value Added Tax (VAT), freight charges, local taxes, etc.
The last country-wide change in fuel rates was on 21 May last year, when Finance Minister Nirmala Sitharaman slashed excise duty on petrol by Rs 8 per litre and Rs 6 per litre on diesel. Since the cut of excise duty by the central government in May 2022, some states have also reduced VAT prices on fuels, while some have imposed cess on petrol and diesel.
Oil prices rose on Friday in early Asian trade as markets weighed the likelihood of price-supportive OPEC+ production cuts over the weekend amid positive sentiment over U.S. monetary policy and Washington’s debt ceiling bill. Brent crude futures rose 13 cents, or 0.18% to $74.41 a barrel by 0115 GMT, while U.S. West Texas Intermediate crude (WTI) rose 15 cents, or 0.21%, to $70.25 a barrel, following two consecutive days of sliding crude prices.
Public sector Oil Marketing Companies (OMCs) including Bharat Petroleum Corporation Ltd (BPCL), Indian Oil Corporation Ltd (IOCL) andHindustan Petroleum CorporationLtd (HPCL) revise their petrol price and diesel price daily in line with international benchmark prices and forex rates. Any changes in petrol price and diesel price are implemented from 6 am every day. Oil Minister Hardeep Singh Puri recently asked OMCs to cut the retail prices of petrol and diesel if the crude oil prices in the international market come down and also if OMCs under recovery come down.
上一篇:Rupee likely to depreciate ahead of CPI inflation data; USDINR pair to trade in this range
下一篇:Will Nifty hold onto gains or fall below 17400- 8 things to know before stock market opens
猜你喜欢
- Tech weight in MF portfolio at 25-month low in September
- Trains collide on Indonesia’s main island of Java, killing at least 3 people
- Rupee depreciates on open, breaches 80-mark amid risk aversion in markets; USDINR pair to trade in this range
- TVS Srichakra, Abbott India among 96 BSE stocks to hit 52-week highs, 23 BSE stocks touch 52-week lows
- Tracxn Technologies IPO opens, GMP nil; should you subscribe to Flipkart founders-backed issue-
- Nifty tops 17300, Sensex surges 1100 pts, here’s what is fuelling the rally; should you buy or sell-
- Nifty to remain in uptrend, use Call Ladder strategy to make profits on F&O expiry; Buy on dips in Bank Nifty
- Nifty to scale 19000 or bears to stop Santa Claus rally- 7 things to know before share market opening bell
- Nifty to regain momentum or fall under 19,500- See GIFT Nifty, FII data, F&O ban, crude before market opens