Petrol and Diesel Rate Today, 2 June- Some cities see revision; Check rates in Delhi, Mumbai, other cities
时间:2024-06-17 15:07:14 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:First tranche of 2022-23 gold bonds to open for subscription on Jun 20
下一篇:Will Sensex, Nifty extend up-move today- 5 things to know before opening bell
猜你喜欢
- NSE scraps plan to shift Nifty Bank F&O expiry to Friday
- Oil edges lower as global demand outlook overshadows Wall Street
- NSE F&O Ban- Hindustan Copper, GNFC, India Cements, other stocks under ban on August 8, Tuesday
- Oil prices experience volatility in 2023- Red sea tensions provide temporary boost, economic concerns leads to annual decline
- FII buying trends in India- With current resilience in domestic, global markets, will buying sustain-
- SGX Nifty in red- Delhivery IPO, Venus Pipes IPO, Nifty outlook, global market set up; key things to watch out
- FII DII data- FPI sold shares worth Rs 2950
- NSE puts 7 Adani stocks under ASM; what this means for investors, should you buy, sell or hold-
- Oil India shares strain following Q2 Results; Should you buy, hold or sell the stock-