May 3, 2021 11:42:41 am
Petrol and diesel price today: Petrol and diesel prices remained unchanged across the country for the 18th straight day on Monday, May 3, 2021. The auto fuel prices were last revised on April 15, when petrol fell by 16 paise per litre and diesel slipped by 14 paise in the national capital.
The price of petrol in Delhi was unchanged at Rs 90.40 per litre while diesel was available for Rs 80.73. In the financial capital Mumbai, petrol was retailing at Rs 96.83, while diesel costs Rs 87.81, data available on Indian Oil Corporation’s website showed.
Petrol and diesel prices differ from state to state as taxes get levied on them by both central as well as state governments along with the freight charges.
The central and state taxes make up for 60 per cent of the retail selling price of petrol and over 54 per cent of diesel. Centre levies Rs 32.90 per litre of excise duty on petrol and Rs 31.80 a litre on diesel.
Auto fuel prices are generally revised on a daily basis in line with benchmark international crude prices and foreign exchange rates.
In the global market, oil prices fell on Monday as a catastrophic second wave of a coronavirus epidemic in India cut short a recovery in oil demand there, offsetting optimism about a strong rebound in demand in developed countries and China in the second half of the year, Reuters reported earlier in the day.
Brent crude futures for July fell 15 cents (0.2 per cent) to $66.61 a barrel by 0244 GMT while US West Texas Intermediate for June was at $63.48 a barrel, down 10 cents (0.2 per cent), the report said.
Here’s what you pay for a litre of petrol and diesel in your city on Monday, May 3, 2021:
|City||Petrol (Rs/litre)||Diesel (Rs/litre)|
|Source: Indian Oil Corporation|
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