Gasoline and Diesel Prices Today: Gasoline and diesel prices were increased in all four subways on Saturday May 29. In the national capital, gasoline prices were increased by 26 paise from Rs 93.68 per liter to Rs 93.94 per liter, while diesel prices were increased by 28 paise from 84.61 Rs. Per liter to Rs 84.89 per liter, according to Indian Oil Corporation. This is the 15th increase in fuel prices since May 4, when state-run oil refiners ended an 18-day hiatus in the rate revision seen in Assembly elections in states such as Tamil Nadu, West Bengal. (Read also: How to find the latest gasoline and diesel prices in your city)
Gasoline has crossed the Rs 100 mark in Mumbai and the new gasoline prices in the financial capital stand at Rs 100.19 per liter. Diesel is retailed at Rs 92.17 per liter in Mumbai. In addition, oil prices had already crossed the Rs 100 mark in several cities of Madhya Pradesh and Rajasthan. Fuel prices vary from state to state due to value added tax or VAT.
Below are the latest gasoline and diesel prices in four metropolitan cities:
State-run oil marketing companies including Indian Oil Corporation (IOC), Bharat Petroleum, and Hindustan Petroleum align domestic fuel prices with world crude oil prices, taking into account any changes in rates. exchange rate. Any changes in fuel prices are implemented from 6 am every day.
Meanwhile, on Friday, May 28, futures on Brent crude, the world’s benchmark for oil, rose 0.30% to $ 69.67 a barrel. The Rupee continued its three-day winning streak to gain 15 paise to 72.45 against the US dollar on Friday.