Govt cuts gas costs for the primary time in 2021 forward of Meeting polls; verify up to date charges right here

Govt cuts gas costs for the primary time in 2021 forward of Meeting polls; verify up to date charges right here

Petrol value on Wednesday was minimize by 18 paise per litre and diesel by 17 paise a litre as worldwide oil costs tumbled to the bottom since early February

Govt cuts fuel prices for the first time in 2021 ahead of Assembly polls; check updated rates here

Representational picture. ANI

The Centre on Wednesday minimize gas costs within the nation for the primary time in over a 12 months, within the run-up to the meeting elections in West Bengal, Assam, Kerala, Tamil Nadu, and Puducherry.

The gas costs, which final month hit report highs together with crossing Rs 100 mark in some locations in Rajasthan, Maharasthra and Madhya Pradesh, had been on freeze since February-end when elections to 5 states had been introduced.

Within the newest transfer, petrol value was minimize by 18 paise per litre and diesel by 17 paise a litre as worldwide oil costs tumbled to the bottom since early February.

Petrol value was minimize to Rs 90.99 a litre in Delhi from Rs 91.17 per litre, in accordance with a value notification of state-owned gas retailers. Diesel now comes for Rs 81.30 a litre within the nationwide capital, down from Rs 81.47 beforehand.

Charges have been lowered throughout the nation and range from state to state relying on the native incidence of taxation (VAT).

In Mumbai, a litre of petrol now prices Rs 97.40 whereas the same amount of diesel will be purchased at Rs 88.42. One litre of petrol in Kolkata prices Rs 91.18 and the diesel value is Rs 84.18 per litre.

The price of one litre of petrol in Chennai is Rs 92.95 whereas the same amount of diesel prices Rs 86.29 on 24 March. Until 23 March, the gas costs in Chennai had been Rs 93.11 and Rs 86.45 for one litre every of petrol and diesel, respectively.

Petrol value within the metropolis of Sri Ganganagar in Rajasthan continues to be over Rs 100. Whereas diesel prices Rs 93.60.

That is the primary discount in gas costs in over a 12 months as the costs had been final lowered on 16 March, 2020.  Beforehand, regardless of bouts of price freeze, costs had gone up by a report Rs 21.58 per litre on petrol within the final one 12 months. Diesel costs had elevated by Rs 19.18 a litre.

The speed discount adopted worldwide oil costs tumbling to the bottom since early February because the second wave of COVID-19 an infection clouded the prospects for a speedy restoration in consumption.

West Texas Intermediate for Might supply was right down to $57.76 in New York on Tuesday, the bottom shut since 5 February whereas Brent for a similar month misplaced $3.83 to $60.79 a barrel, the bottom since

With inputs from PTI

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