Gasoline, Diesel Prices on Friday: Petrol and diesel prices across the country were stable across the country for the 16th day in a row on April 22. According to a price report from fuel retailers, petrol in Delhi costs Rs 105.41 per liter and diesel is Rs 96.67 per litre. In Mumbai, the petrol and diesel prices per liter are Rs 120.51 and Rs 104.77 respectively. In Chennai, petrol costs Rs 110.85 per liter and diesel Rs 100.94 per liter. In Kolkata, petrol costs Rs 115.12 per liter and diesel Rs 99.83 per litre.
The city-wise list of fuel varies from place to place due to different taxes. Fuel prices in the country are revised daily based on international crude oil prices and exchange rate fluctuations. The price review has been on hold for four months since November last year. It resumed the review on March 22, after announcing the election results of four states. The fuel price saw an overall increase of Rs 10 per litre, within a fortnight of back-to-back hikes after March 22.
Meanwhile, fuel prices on the international markets are rising again. Global fuel prices are currently above $107, down from $100 a week ago. After a 137-day hiatus, companies resumed fuel price hikes last month. The companies have increased petrol and diesel prices by Rs 10 in 16 days. But with the rise in fuel prices, demand is reportedly falling sharply.
In the first half of April, petrol sales fell by 10 percent and diesel by 15.6 percent. LPG sales also fell by 1.7 percent. After a 137-day hiatus, fuel prices started rising on the 22nd of last month. For companies to increase fuel prices by Rs 10 per liter in just 16 days. The price of cooking gas has also risen. The challenge is that the government does not announce concessions despite rising prices.
A large portion of the sale price is the central excise and value-added tax levied by the states. In the capital, the tax is 42 percent on gasoline and 37 percent on diesel. The country is relieved that fuel prices have not increased in recent days. The main reason for this was the fall in global oil prices. But experts say this relief will be lost in the coming days. Global oil prices fluctuated below 100 percent yesterday.
Gasoline, diesel prices on Friday, April 22 in Delhi, Mumbai and other major cities in India:
Delhi
Gasoline – Rs 105.41 per litre
Diesel – Rs 96.67 per litre
Mumbai
Gasoline – Rs 120.51 per litre
Diesel – Rs 104.77 per litre
Kolkata
Petrol – Rs 115.12 per litre
Diesel – Rs 99.83 per litre
Chennai
Gasoline – Rs 110.85 per litre
Diesel – Rs 100.94 per litre
Bhopal
Gasoline – Rs 118.14 per litre
Diesel – Rs 101.16 per litre
Hyderabad
Petrol – Rs 119.49 per litre
Diesel – Rs 105.49 per litre
Bengaluru
Gasoline – Rs 111.09 per litre
Diesel – Rs 94.79 per litre
Guwahati
Gasoline – Rs 105.66 per litre
Diesel – Rs 91.40 per litre
Lucknow
Gasoline – Rs 105.25 per litre
Diesel – Rs 96.83 per litre
Gandhinagar
Gasoline – Rs 105.29 per litre
Diesel – Rs 99.64 per litre
Thiruvananthapuram
Petrol – Rs 117.19 per litre
Diesel – Rs 103.95 per litre
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