Source: IndianOil One App, July 12
Petrol costlier, diesel slightly cheaper on July 12
Morung Express News
Dimapur | July 12
Nagaland commercial capital Dimapur was the only district in Nagaland where a litre of petrol was available below Rs 100 on July 12.
After a day break, oil marketing companies (OMCs) hiked petrol prices by 0.27 paise across the State on Monday, Peren (Jalukie) joined 10 other districts in breaching the psychological Rs 100-a-litre-mark.
Accordingly a litre of petrol increased from Rs 99.79 on July 11 to Rs 100.06 on July 12 in Peren (Jalukie), as per data on the official IndianOil One app.
With this, a litre of petrol is now over Rs 100 a litre in 11 districts of Nagaland - Tuensang, Kiphire, Noklak, Mon, Phek, Zunheboto (Satakha), Longleng, Mokokchung, Wokha and Kohima and Peren.
It reached the Rs 100 a-litre- mark first in Tuensang and Kiphire on June 26, as per the database maintained by The Morung Express.
Mon, Phek and Zunheboto (Satakha) reached the threshold on July 2, followed by Longleng and Mokokchung on July 4. Wokha and Kohima joined the ‘100-a-litre club’ on July 5 and July 8 respectively while Peren crossed the threshold on July 12.
Only in Dimapur, a litre of petrol was retailing at Rs 99.73, just 0.27 paise short of the Rs 100 mark on July 12.
Marginal cut in diesel prices
Meanwhile, prices of diesel decreased marginally by 0.16 paise on July 12 across the State. OMCs, in a rare move, cut the diesel prices, while hiking petrol prices.
With this, the cost of a litre of diesel in Dimapur decreased from Rs 91.99 on July 11 to Rs 91.83 on July 12.
In Tuensang, where the fuels are most expensive, it decreased from Rs 94.76 to Rs 94.60. However, a litre of petrol is now Rs 102.85 in the district.
As per the database maintained by The Morung Express, with Monday’s hike, petrol prices have been revised upwards 7 days in July while remaining unchanged for 5 days.
Till July 12, diesel prices have increased 4 times, while remaining unchanged from 7 times and decreasing once.
Fuel prices differ from state to state depending on the incidence of local taxes such as value-added tax (VAT) and freight charges.
According to IOC’s ‘price buildup’ of fuel prices in Delhi, besides global price impact on base price, retail prices are determined by price charged to dealers (based price + fright etc), excise duty, average dealer commission, and VAT (including VAT on Dealer Commission).