Petrol and diesel price remained unchanged

Despite protests in many parts of the nation, the prices of petrol and diesel have remained unchanged for almost a week. Rates of fuel have hiked last on June 29th. Petrol hit a 19 month high and in Delhi, diesel touched a new high record. From June 7th to 29th, the price of petrol has surged by Rs. 9.17 per litre and by Rs. 11.14 per litre of diesel.

The prices of petrol and diesel in top cities are-

New Delhi :

Gurgaon     : Petrol Rs. 80.43/ltr

Diesel Rs. 72.81/ltr

Mumbai      : Petrol Rs. 78.65/ltr

Diesel Rs. 72.81/ltr

Chennai      : Petrol Rs. 83.67/ltr

Diesel Rs. 77.70/ltr

Hyderabad : Petrol Rs. 83.48/ltr

Diesel Rs. 78.70/ltr

Bengaluru  : Petrol Rs. 82.04/ltr

Diesel Rs. 76.59/ltr

 

Nearly 70% of fuel prices adjust taxes. The price of diesel is higher than that of petrol, this has happened for the first time in Delhi. the Delhi government Aam Admi Party (AAP), has surged VAT on diesel.

In the international market, the prices of oil showed up a photograph of diversified market today. Oil demands may curb in the US as USA benchmark WTI futures dropped due to a raise in coronavirus cases.

Brent crude oil jumped up 18 cents, that is, 0.4%, to $42.96 a barrel by 0252 GMT after a 4.3%  gain previous week. US West Texas Intermediate crude was at $40.42, down 23 cents, that is, 0.6%.