Petrol crosses Rs 100-mark in Maharashtra, check fuel prices in other metros

Petrol price was hiked by 26 paise a litre and diesel by 33 paise per litre, according to a price notification by state-owned fuel retailers.

New Delhi: Petrol and diesel prices on Monday hit record highs across the country, with a place in Maharashtra where petrol rates breached the Rs 100-a-litre mark.

Fuel prices were raised for the fifth time in a week. Petrol in Parbhani was priced at Rs 100.20 a litre, while in Bhopal it came for Rs 99.55 a litre. Petrol is being sold at Rs 102.42 a litre in Sri Ganganagar district of Rajasthan and at Rs 102.12 in Anuppur of Madhya Pradesh.

Petrol price was hiked by 26 paise a litre and diesel by 33 paise per litre in the National capital, according to a price notification by state-owned fuel retailers. This was the fifth increase in prices since May 4, when the state-owned oil firms ended an 18-hiatus in rate revision during assembly elections in states like West Bengal.

The increase took petrol and diesel prices to their highest-ever level. In Delhi, petrol now comes for Rs 91.53 per litre and diesel is priced at Rs 82.06 per litre.

Here is looking at the price difference of diesel and petrol in four metro cities on May 10, 2021.

City	Petrol	Diesel
Delhi	91.53	82.06
Mumbai	97.86	89.17
Chennai	93.38	86.96
Kolkata	91.66	84.90

Central government makes up for Rs 32.98 per litre of the price of petrol in Delhi and sales tax or VAT of the state government constitutes Rs 19.55.
For diesel, the central excise adds up to Rs 31.83 and VAT to Rs 10.99. Besides, the price also includes a dealer commission of a minimum Rs 2.6 per litre on petrol and Rs 2 on diesel.

Petrol and diesel prices are revised on a daily basis in line with benchmark international price and foreign exchange rates. 

The second wave of coronavirus sweeping the nation has pummelled fuel sales in April as local restrictions clamped to curb the spread of inflection stifled demand, preliminary data showed.

"At the end of April, overall fuel demand is down by about 7 per cent from pre-Covid level of April 2019," Arun Singh, Director for Marketing and Refineries at Bharat Petroleum Corporation Ltd (BPCL), said.