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Monday 21 May 2018

Petrol and Diesel Hitting New Highs



May'2018, Petroleum cost increased by 33 paisa a liter in Delhi - the most elevated since the day by day value update came into drive in mid-June 2017, and diesel by 26 paisa, as indicated by value notice issued by state-owned oil firms.
Rates fluctuate from state to state contingent upon the frequency of neighborhood deals duty or VAT. Costs in Delhi are the least expensive in all metros and most state capitals.

With this expansion, petroleum has touched an unequaled high, breaking the past high of Rs 76.06 touched in Delhi on September 14, 2013. Diesel rates are likewise at the unsurpassed abnormal state. 

This is the seventh straight day of cost increment since oil PSUs on May 14' 2018, continued every day value modification following a 19-day pre-Karnataka survey break. Taking all things together, petroleum cost has been raised by Rs 1.61 a liter and diesel by 1.64 in most recent one week.
Petrol price in Delhi have touched a record high of Rs 76.24 for every liter and diesel moved to its most elevated ever level of Rs 67.57 as the oil PSUs passed on a month of relentless rise in international oil prices to consumers.
In India, petrol is the costliest in Mumbai where high local taxes have driven a cost of Rs 84.07 for each liter. Oil has broken Rs 80 stamp in Bhopal (Rs 81.83 a liter), Patna (Rs 81.73), Hyderabad (Rs 80.76) and Srinagar (Rs 80.35), as per the value notice. Petroleum in Kolkata costs Rs 78.91 for each liter while it is estimated at Rs 79.13 in Chennai.
The least expensive petrol is accessible in Panjim where a liter costs Rs 70.26.
Diesel is the costliest in Hyderabad were it is estimated at Rs 73.45 a liter because of high nearby taxes. It is evaluated at Rs 73.34 in Trivandrum. Different urban areas where diesel rates have crossed Rs 70 stamp are Raipur (Rs 72.96 a liter), Gandhinagar (Rs 72.63), Bhubhaneswar (Rs 72.43), Patna (Rs 72.24), Jaipur (Rs 71.97), Ranchi (Rs 71.35), Bhopal (Rs 71.12) and Srinagar (Rs 70.96)
A liter of diesel costs Rs 71.94 in Mumbai, Rs 70.12 in Kolkata and Rs 71.32 in Chennai.
Diesel is the least expensive in Port Blair where it is valued at Rs 63.35.
To know and learn more about what’s going on in the automotive industry visit our website: www.samil.in
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