Petrol-Diesel Price: After the fall in the price of crude oil, the price of petrol and diesel changed from Patna to Noida.
[ad_1]
Petrol-Diesel Price Today: An increase of about two percent was seen in the price of crude oil in the global market on Wednesday. After this, there is some relief in prices today. This morning at six o’clock, WTI Crude Oil After falling by 0.57 percent, it was trading at $ 86.77 per barrel and Brent crude oil was trading at $ 90.77 per barrel, falling by 0.57 percent. Meanwhile, Indian oil companies have released the prices of petrol and diesel for today. Oil companies have not made any major changes in the fuel prices at the national level. The price of petrol and diesel is stable in the capital Delhi. Here petrol is being sold for Rs 96.72 per liter and diesel for Rs 89.62 per liter. Whereas, in Mumbai petrol is stable at Rs 106.31 and diesel at Rs 94.27 per litre, in Chennai petrol at Rs 102.74 and diesel at Rs 94.33 and in Kolkata petrol is stable at Rs 106.03 and diesel at Rs 92.76 per litre. However, there has been a slight change in the prices of petrol and diesel in some cities of the country.
Petrol and diesel prices changed in these cities
Today the price of diesel in Bihar’s capital Patna is Rs 94.04 per liter. Whereas, the price of petrol is Rs 107.24 per liter. At the same time, petrol prices have increased by 47 paise in Noida and Greater Noida. Here petrol is being sold at Rs 97 per litre. Whereas, after the increase of 43 paise in the price of diesel, the price is Rs 90.14 per liter. At the same time, in Lucknow, the capital of Uttar Pradesh, the price of petrol and diesel has increased by a nominal five paise. After this, petrol is available here at Rs 96.62 per liter and diesel at Rs 89.81 per liter. The price of petrol has been reduced by 80 paise in Prayagraj. After this, the rate here is Rs 96.66 and the price of diesel is reduced by 78 paise to Rs 89.86 per litre. In Varanasi, the price of petrol has fallen by 61 paise to Rs 96.88 per liter and diesel is available at Rs 90.08 per liter after a reduction of 59 paise. Petrol prices have increased by 10 paise in Ajmer, Rajasthan. After this, the price of petrol is Rs 108.17. At the same time, the price of diesel has increased by 9 paise to Rs 93.44 per litre.
Crude oil futures prices rise tomorrow due to strong spot demand
Crude oil prices rose by Rs 164 to Rs 7,356 per barrel in futures trade on Wednesday as traders increased the size of their deals following strong spot demand. On the Multi Commodity Exchange, the contract of crude oil for delivery in October rose by Rs 164 or 2.28 percent to Rs 7,356 per barrel. It was traded for 2.323 lots. Market analysts said crude oil futures prices rose as traders increased the size of their deals. Globally, West Texas Intermediate crude oil rose 1.88 percent to $ 88.29 per barrel, while the price of Brent crude showed a rise of 1.67 percent. Was trading at $91.40 per barrel.
How to check the fuel rate of your city
BPCL customers to know the fuel rate of their city through message RSP<डीलर कोड> You will have to write and send the message to number 9224992249. To know the price for HPCL customers, HPPRICE <डीलर कोड> Write and send message to 9222201122. Indian Oil Customer RSP<डीलर कोड> You can write and message on number 9224992249.
How are the prices of petrol and diesel decided in India?
Petrol and diesel prices in India are decided by the government and it is a dynamic process that depends on various factors. Here are some of the main factors that influence this process:
-
International Market Prices: India does not have a reliable distribution network of petrol and diesel for the users. Therefore, despite the succession of prices of petrol and diesel in the world market, India is finally defined in quantity and distribution.
-
Taxes and Duties: Taxes and duties imposed by various states and union territories are included in determining the prices of petrol and diesel. This is usually subject to change based on various updated decisions.
-
Contribution of State Governments: State governments can also include their contribution to control the prices of petrol and diesel. They may impose various fees and taxes in their state.
-
Demand for Currency and Supply of Petroleum Products: The balance between demand for petroleum products and their supply can also affect prices. If demand for products is high and supply is low, prices may increase. If demand for products is low and supply is high, prices may decrease.
-
Export and Import Events: Various export and import events can also affect the prices of petrol and diesel.
[ad_2]
Source link
