Diabytes
Diesel price News
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The Pakistan government has increased petrol prices by PKR 4.80 per liter and diesel by PKR 7.95 per liter, bringing further trouble for the citizens fighting extreme inflationary pressures.
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The excise duty on petrol was increased to Rs 13 per litre and that on diesel to Rs 10, however the PSU companies have clarified that there will be no increase in the retail price of fuel due to this.
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Petrol And Diesel Prices In Delhi Today: The prices of petrol and diesel are adjusted daily based on the international market's crude oil prices and foreign exchange rates.
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Hardeep Puri was delivering a lecture on `strategy and measures for enhancing India's energy security in the coming decades', organised by the Pune International Centre.
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The tax is levied in the form of Special Additional Excise Duty (SAED) and is notified fortnightly based on average oil prices in two weeks.
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The Petroleum Secretary also said that government is mulling removal of windfall tax, stating that India's oil ministry is in talks with the finance ministry regarding the same.
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The state government has revised the sales tax, raising it from 25.92 per cent to 29.84 per cent for petrol and from 14.3 per cent to 18.4 per cent for diesel.
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Here is the price of petrol, and diesel today, i.e. March 15, 2024, in your city:
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Three state-owned fuel retailers have kept petrol and diesel prices on freeze for a record 21 month in a row.
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The current dip in international crude oil prices is a key factor influencing the decision to cut fuel prices in India.
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Media reports suggest that the oil ministry may nudge OMCs to cut petrol/diesel prices as OMCs' balance sheet has largely got repaired and are likely to report strong profits in 1QFY24.
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With the hike in price, the state aims to generate Rs 600 crore per annum as revenue, said officials.
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Pakistan presented a tax-laden mini-budget on Wednesday.
Pakistan increased the price of gasoline and gas to an all-time high.
Pakistani citizens will now pay PKR 272 per litre for gasoline.
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From February 5, Europe will ban imports of diesel fuel and other products made from crude oil in Russian refineries.
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Pakistan Finance Minister Ishaq Dar made the announcement regarding the increase in fuel prices and it has come into effect from 11 am on January 29.
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Whenever the rates of petrol and diesel increase, it is said by the government that the international market decides the price of oil. But when the prices of oil decrease in the international market, the petroleum companies and the government make various excuses to reduce the prices of petrol and diesel.
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In Bhopal, petrol costs Rs 108.65 per litre and Diesel costs Rs 93.90 per litre
In Mumbai, Petrol costs Rs 106.31 per litre and Diesel Rs 94.27 per litre.
Petrol costs Rs 101.94 per litre and Diesel Rs 87.89 per litre in Bengaluru.
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WTI crude futures jumped 35 cents, to $81.30 a barrel.
Brent crude futures gained 25 cents, to $88.61 a barrel.
Faridabad's current per litre prices is Rs 97.49 for gasoline and Rs 90.35 for diesel.
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WTI crude futures had increased by 22 cents to $83.71 per barrel.
Brent crude futures had increased by 16 cents, to $90.62 per barrel.
Delhi's current per-liter prices are Rs 96.72 for gasoline.
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