Fuel, Diesel Costs The Same For 26th Straight Day

INSUBCONTINENT EXCLUSIVE:
Fuel Prices: Domestic petrol and diesel costs vary across states due to value included tax (VAT)
Petrol, Diesel Rate Today: Petrol and diesel prices remained unchanged across the 4 metro cities for the 26th successive day on Thursday,
August 12, 2021
In the nationwide capital, gas prices were steady at Rs 101.84 per litre and diesel rates were the same at Rs 89.87 per litre, according to
the Indian Oil Corporation
In Mumbai, petrol rates stood at Rs 107.83 per litre and diesel is retailed at Rs 97.45 per litre
(Likewise Read: How To Check Latest Gas And Diesel Rates In Your City)
Among the 4 metro cities, petrol and diesel prices are the greatest in Mumbai, according to the state-run oil refiner
Fuel rates differ across the states due to value-added tax (BARREL)
Here are the gas and diesel rate throughout the city cities: State-run oil refiners such as Indian Oil, Bharat Petroleum and Hindustan
Petroleum revise fuel rates daily, considering the petroleum rates in worldwide markets and the rupee-dollar exchange rates
Any changes in fuel, diesel prices are implemented with impact from 6 am each day.Meanwhile, oil futures settled greater on Wednesday,
changing course after the Biden administration stated it would not get in touch with U.S producers to increase unrefined output, which
efforts to increase OPEC production were a longer-range planBrent settled up 81 cents, or 1.15 percent, at $71.44 a barrel and U.S
West Texas Intermediate settled up 96 cents, or 1.41 percent, at $69.25 a barrel.