Updated October 30th, 2021 at 09:39 IST
Petrol prices hiked for fifth consecutive day; Check fuel rates across India on Oct 30
Check revised fuel prices in India on Wednesday, October 30. The price of fuel includes excise duty, value-added tax (VAT), and dealer commission.
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Petrol and diesel prices on Saturday, October 30, increased for the fifth consecutive day across India. According to the Indian Oil Corporation, petrol and diesel prices hiked by 35 paise in Delhi.
Petrol in the national capital costs Rs 108.99 per litre while diesel price is Rs 97.72 per litre. In Mumbai, diesel costs Rs 105.86 per litre and petrol price is Rs 114.81 per litre.
Check out fuel prices in India for October 30
Delhi
Petrol: Rs 108.64 per litre
Diesel: Rs 97.37 per litre
Mumbai
Petrol: Rs 114.47 per litre
Diesel: Rs 105.49 per litre
Bengaluru
Petrol: Rs 112.43 per litre
Diesel: Rs 103.35 per litre
Chennai
Petrol: Rs 105.43 per litre
Diesel: Rs 101.59 per litre
Hyderabad
Petrol: Rs 113.00 per litre
Diesel: Rs 106.22 per litre
Kolkata
Petrol: Rs 109.12 per litre
Diesel: Rs 100.49 per litre
Bhopal
Petrol: Rs 117.35 per litre
Diesel: Rs 106.76 per litre
Guwahati
Petrol: Rs 104.65 per litre
Diesel: Rs 97.24 per litre
Lucknow
Petrol: Rs 105.56 per litre
Diesel: Rs 97.83 per litre
Thiruvananthapuram
Petrol: Rs 110.54 per litre
Diesel: Rs 104.25 per litre
Fuel rate hike
As the petrol rates have crossed the Rs 100 mark in several cities, diesel prices have also gone up in many states including Rajasthan, Maharashtra, Madhya Pradesh, Andhra Pradesh, and Odisha. Meanwhile, due to a hike in prices of international benchmark Brent crude, the state-owned fuel retailers have begun passing a larger incidence of cost to consumers since the beginning of October month.
According to the government, the excise duty on petrol and diesel is increased to mop up gains which otherwise would have accrued to customers from international oil rates crashing to $19 per barrel. Since then, the international prices have recovered to $85, excise duty on petrol has stood at Rs 32.9 per litre while diesel remained at Rs 31.8 per litre. Brent oil represents the Indian crude basket, is up by 0.10% from its closing price as it is currently valued at $84.47 per barrel. Crude oil demand is increasing across the board due to the restoration of economic activity following the pandemic. while its prices are rising due to a lack of supply.
(Image: UNSPLASH/PTI)
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Published October 30th, 2021 at 09:39 IST