Petrol prices remained unchanged on Tuesday, July 13, after hitting a record high across the country on Monday. Meanwhile, the price of diesel too remained stable after a slight reduction in the price seen on the previous day. In the national capital, the retail price of petrol is Rs 101.19 per liter while the retail price of diesel is Rs 89.72 per litre. .
On Monday, fuel prices were revised for the 39th time since May 4, taking petrol prices above Rs 101 per liter in Delhi. Diesel prices were reduced by 16 paise to Rs 89.76 per litre. The prices of both petrol and diesel are reviewed by government oil marketing companies (OMCs) like Hindustan Petroleum Corporation Limited (HPCL), Bharat Petroleum Corporation Limited (BPCL) and Indian Oil Corporation Limited (IOCL). They are revised daily and all amendments are followed from 6 am across the country.
Mumbai continues to retail petrol at the highest rates among the metropolitan cities of the country. Petrol is being sold at Rs 107.20 per liter on Tuesday. The financial capital became the first metro city in the country to retail petrol at Rs 100 per litre.
In Chennai, the capital of Tamil Nadu, a liter of petrol is being sold at Rs 101.92, while the price of diesel also remained unchanged at Rs 94.24 per liter from the previous day. The price of a liter of petrol in Kolkata on Tuesday is Rs 101.35, while the retail price of diesel is Rs 92.81 per liter as of yesterday.
Some of the factors that contribute to the change in fuel prices are international cost of crude oil, demand and supply, transportation, rupee to dollar exchange rate. In the country, fuel prices vary from state to state due to the internal tax system like Value Added Tax or VAT and other taxes.
read all Breaking Newshandjob today’s fresh news and coronavirus news Here
.