Business

Fuel Costs: Domestic fuel and diesel rates differ across states due to value included tax (BARREL).

Petrol and diesel costs were kept the same across the four city cities for the 5th day in a row by the nation's greatest state-run oil refiner Indian Oil.

Petrol costs were last increased on Saturday, February 27, by 24 paise per litre in national capital of Delhi to an all-time high of Rs 91.17.

Presently, the highest fuel rates remain in Mumbai where gas is being sold at Rs 97.57 per litre and diesel at Rs 88.60 per litre, according to Indian Oil.

Reports have recommended that in parts of Rajasthan, gas rates have crossed Rs 100 mark for the first time.CityPetrolDieselDelhi91.1781.47 Mumbai97.5788.60 Chennai93.1186.45 Kolkata91.3584.35 Source: Indian OilOil marketing business - Bharat Petroleum, Indian Oil Corporation, and Hindustan Petroleum align the rates of domestic fuel with the global standards, by taking into consideration any modifications in the foreign exchange rates.

Any modifications in fuel rates are implemented with result from 6 am every day.

Fuel prices in the nation have actually witnessed a walking considering that January 2021 due to a rally in global petroleum prices.Meanwhile, oil rates increased more than 2 percent on Wednesday, enhanced by a huge drop in U.S.

fuel inventories and expectations that OPEC+ producers might decide versus increasing output when they meet this week.Brent crude increased $1.37, or 2.2 percent, to settle at $64.07 a barrel.

U.S.

West Texas Intermediate (WTI) crude increased $1.53, or 2.6 per cent, to settle at $61.28 a barrel.





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