Petrol-Diesel Price: Big fall in the prices of crude oil, price of petrol and diesel changed from Noida to Patna.

[ad_1]

Petrol-Diesel Price Today: Amidst the ongoing tension in the Middle East, there is some relief in the prices of crude oil in the international market today. WTI Crude Oil was trading at $ 87.45 per barrel with a gain of 0.72 percent. Whereas, a big decline of 1.30 percent is being seen in the prices of Brent crude oil. Brent crude oil is trading at $ 91.31 per barrel. However, experts say that after the further intensification of the Israel-Hamas war, the price of crude oil may go up to $ 100 per barrel. Meanwhile, today the oil distributor companies of India have released the prices of petrol and diesel for the first day of the week. After this, there has been a change in the prices of petrol and diesel in many cities. However, even today there has been no significant change in the prices of petrol and diesel in the four metros of the country. In the capital Delhi, petrol is being sold at Rs 96.72 per liter and diesel at Rs 89.62 per litre. At the same time, in Mumbai petrol is available at Rs 106.31 and diesel at Rs 94.27, in Chennai petrol is available at Rs 102.74 and diesel at Rs 94.33 and in Kolkata petrol is available at Rs 106.03 and diesel at Rs 92.76 per litre.

Petrol and diesel prices changed in these cities

Petrol prices have been reduced by 18 paise in Patna, the capital of Bihar. After this, petrol is being sold here at Rs 107.24 and diesel at Rs 94.04 per litre. Whereas, in Noida and Greater Noida, petrol is being sold at Rs 97 per liter and diesel at Rs 90.14 per litre. At the same time, in Lucknow, the capital of Uttar Pradesh, petrol is available at Rs 96.62 per liter and diesel at Rs 89.81 per liter. There has been a slight decline in the price of petrol in Gorakhpur. Here petrol is being sold 2 paise less at Rs 96.79 and diesel at Rs 89.97 per litre. In Prayagraj, the price of petrol has been reduced by 14 paise and that of diesel by 13 paise. After this, petrol is being sold here at Rs 96.52 per liter and diesel at Rs 89.73 per liter. In Varanasi, the price of petrol has increased by 21 paise to Rs 96.89 and diesel is being sold at Rs 90.08 per litre. Whereas, in Jaipur the price of petrol is Rs 108.48 per liter and diesel is available at Rs 93.72 per liter.

There was a rise in crude oil on Friday

Crude oil prices rose by Rs 131 to Rs 7,461 per barrel in futures trade on Friday 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 November rose by Rs 131 or 1.79 percent to Rs 7,461 per barrel. It was traded for 3.640 lots. Market analysts said crude oil futures prices rose as traders increased the size of their deals. Globally, West Texas Intermediate crude oil rose 1.49 percent to $ 90.70 per barrel, while the price of Brent crude showed a rise of 1.41 percent. Was trading at $93.68 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