Petrol, Diesel Prices on Friday: petrolThere has been no change in diesel prices on Friday 27 May. Oil marketing companies have released new rates for petrol and diesel at 6 am today. Despite the price of crude oil crossing $ 117 per barrel, there is news of relief for consumers on Friday as there has been no change in the prices for the fifth day. petrol in delhi 96.72 per liter and diesel Rs 89.62 per litre. The cheapest petrol in Port Blair is Rs 84.10 and Diesel is Rs 79.74 per litre. At the same time, even today the most expensive petrol in the country is Rs 114.38 per liter in Parbhani, Maharashtra. In Mumbai, Petrol Data available on the Indian Oil Corporation website shows that it is currently priced at Rs 111.35, while diesel is selling at Rs 97.28.
Petrol and diesel rates have seen a drastic reduction after Finance Minister Nirmala Sitharaman last week announced a reduction in excise duty by Rs 8 per liter on petrol and Rs 6 per liter on diesel. Following the government’s decision, the price of petrol in the national capital was cut by Rs 8.69 per liter, while that of diesel by Rs 7.05.
Subsequently, the state governments of Maharashtra, Rajasthan and Kerala also reduced VAT on petrol and diesel following Sitharaman’s call to provide further relief to consumers after the Center cut excise duty.
Petrol and diesel prices in the country vary from state to state depending on local taxation (VAT) and freight charges. Apart from this, the central government levies excise duty on auto fuels.
OMCs generally revise the rates of petrol and diesel in the last 15 days based on the average price of the benchmark fuel in the international market and foreign exchange rates.
In global markets, oil prices fell on Friday, breaking a cautious rallying streak this week on signs of tight supplies, while imports from Russia, the world’s second-largest crude exporter, after the European Union invaded Ukraine. Conflicted with Hungary over plans to impose sanctions. , reported the news agency Reuters.
Oil prices edged lower in early Asian trade on Friday after hitting a two-month high in the previous session as investors focused on signs of tight global supply. Brent crude futures fell 11 cents to $117.29 a barrel at 0:08 GMT. WTI crude futures for July delivery fell 19 cents to $113.90 a barrel.
Petrol, Diesel Prices as on Friday, May 27 in Delhi, Mumbai, Chennai and other Major Cities in India:
Delhi
Petrol: Rs 96.72 per liter
Diesel: Rs 89.62 per liter
Mumbai
Petrol: Rs 111.35 per liter
Diesel: Rs 97.28 per liter
Kolkata
Petrol: Rs 106.03 per liter
Diesel: Rs 92.76 per liter
Chennai
Petrol: Rs 102.63 per liter
Diesel: Rs 94.24 per liter
Bhopal
Petrol: Rs 108.65 per liter
Diesel: Rs 93.90 per liter
Hyderabad
Petrol: Rs 109.66 per liter
Diesel: Rs 97.82 per liter
Bangalore
Petrol: Rs 101.94 per liter
Diesel: Rs 87.89 per liter
Guwahati
Petrol: Rs 96.01 per liter
Diesel: Rs 83.94 per liter
Lucknow
Petrol: Rs 96.57 per liter
Diesel: Rs 89.76 per liter
Gandhinagar
Petrol: Rs 96.63 per liter
Diesel: Rs 92.38 per liter
Thiruvananthapuram
Petrol: Rs 107.71 per liter
Diesel: Rs 96.52 per litre.
read all breaking news , today’s fresh news And IPL 2022 Live Updates Here.