Petrol and diesel prices were cut for the second consecutive day on Thursday as the second wave of COD-19 cases led to a drop in international oil prices on the prospects of a faster recovery in consumption.
According to the price notification of state-owned fuel retailers, the price of petrol was cut by 21 paise per liter and diesel by 20 paise.
Petrol is now priced at ₹ 90.78 per liter in Delhi and one liter of diesel. Is 81.10.
Rates have been reduced across the country based on local incidence of taxation (VAT) and vary from state to state.
On Wednesday, the first reduction in six months was reduced by 18 paise on petrol and 17 paise on diesel.
Despite the rate cut since the increase in excise duty in March last year, the government had raised a record ₹ 21.58 per liter on petrol. Diesel prices were increased by .1 19.18 liters.
Last month, Rajasthan, Maharashtra and Madhya Pradesh reached record highs, including crossing the Rs 100 level in some places, after the elections of five states, including West Bengal, Assam, Tamil Nadu and Kerala, were freezed by the end of February-end. .
In Mumbai, the price of petrol was reduced from a 97.40 to a 97.19 liter on Thursday, while diesel rates were shown to be reduced from 88.42 to 88.20, which was price information.
International oil prices were at their lowest since the rate decrease in early February as the second wave of the COVID-19 transition gave rise to prospects of rapid improvement in consumption.
.
Leave a Reply