INSUBCONTINENT EXCLUSIVE:
Domestic fuel and diesel prices differ from state to state due to worth included tax (VAT)
Gas and diesel rates remained stable on Sunday, May 2, 2021
Fuel rates have actually remained the same for over 16 successive days
In Delhi, fuel is being cost Rs 90.40 per litre and diesel is priced at Rs 80.73 per litre, according to the Indian Oil Corporation
In Mumbai, the cost of fuel is Rs 96.83 per litre and diesel is Rs 87.81 per litre, according to the state-run oil refiner
Currently, fuel rates are the highest in Mumbai amongst the four metro cities
Petrol and diesel rates vary across states in India due to the value-added tax
(Likewise Read: How To Discover Most Current Gas, Diesel Rates In Your City)The state-run oil marketing companies - Indian Oil Corporation,
Bharat Petroleum, in addition to Hindustan Petroleum align the rates of domestic fuel with the worldwide crude oil prices by considering any
changes in the foreign exchange rates
The brand-new modifications in fuel prices are carried out with impact from 6 am every day
On the other hand, on Friday, April 30, Brent unrefined futures, the global oil benchmark, declined 1.21 percent to $67.73 per barrel
The rupee snapped its four-day winning streak on Friday to decide on a flat note, 2 paise lower at 74.09 against the United States dollar.