Petrol, diesel prices today — 31 July: Fuel rates in Delhi, Mumbai, Bengaluru as Brent climbs amid Hormuz closure
Petrol and diesel prices today, 31 July: Retail fuel prices in India changed marginally on Friday, 31 July, across cities but continue to align with
Petrol and diesel prices today, 31 July: Retail fuel prices in India changed marginally on Friday, 31 July, across cities but continue to align with the last major price adjustment that came about on 25 May. Hence, domestic fuel rates stood steady despite an increase in Brent price. The global benchmark traded lower on Thursday ahead of its expiry against a recent pick up in shipping through the Strait of Hormuz. Petroleum Ministry reacts to E20 controversy: 'No evidence of engine damage" The Ministry of Petroleum and Natural Gas on Thursday asserted that there is "no verified evidence of widespread engine damage" with E20 use as it refuted "misleading claims" over ethanol-blended petrol (E20), ANI reported. In a detailed clarification, the ministry clarified that its conclusions stem from years of scientific vetting and real-world usage across crores of vehicles. Addressing concerns raised on social media platforms, the Central Government cited over 25 years of phased implementation, continuous field tracking, manufacturer service records and exhaustive stakeholder consultations. According to the government, data of over 20 crore two-wheelers and more than 3 crore petrol cars indicates that these vehicles operated on fuel blends successfully without verified systemic failures.
E15-plus petrol has been deployed for over three and a half years and E19-E20 fuel has been in circulation for more than two and a half years, it said. Over fuel economy, it said that any reduction in mileage for some older E10-designed vehicles is generally limited to 3-5 per cent. Further emphasizing that E20 offers a higher octane rating, cleaner combustion and smoother engine performance it said factors such as driving habits, tyre pressure, traffic conditions and vehicle maintenance have a much greater impact on engine performance. Indian consumers remain largely insulated from fluctuations in global fuel prices, as state-owned oil marketing companies (OMCs) set retail petrol and diesel rates. Check latest petrol and diesel price in your city on 31 July City Petrol Price Diesel Price New Delhi ₹ 102.12 ₹ 95.20 Kolkata ₹ 113.51 ₹ 99.82 Mumbai ₹ 111.21 ₹ 97.83 Chennai ₹ 107.78 ₹ 99.56 Gurugram ₹ 102.75 ₹ 95.42 Noida ₹ 101.96 ₹ 95.44 Bengaluru ₹ 110.93 ₹ 98.80 Bhubaneswar ₹ 108.97 ₹ 100.68 Chandigarh ₹ 101.54 ₹ 89.47 Hyderabad ₹ 115.73 ₹ 103.82 Jaipur ₹ 113.97 ₹ 98.96 Lucknow ₹ 102.68 ₹ 96.10 Patna ₹ 113.37 ₹ 99.36 Thiruvananthapuram ₹ 115.26 ₹ 104.02 *Source: Good Returns Brent crude price today The global benchmark traded higher on Friday as Hormuz trade route remained largely closed amid tensions between the US and Iran.
The BriefWire