Petrol Diesel Price: Crude oil price flat, price reduced from Noida to Patna, know what is today’s price in your city.
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Petrol Diesel Price Today: Crude oil prices continue to fluctuate in the global market. After two days of rise, the price of crude oil remains flat today. Today at 6 am, WTI Crude Oil is being sold at $ 78.04 per barrel. At the same time, Brent crude has reached $ 82.47 per barrel. Meanwhile, the prices of petrol and diesel for today have been released by Indian oil distribution companies. Oil prices have not been changed by the companies at the national level till date after May 2022. Even today the prices of petrol and diesel are stable in the capital Delhi. Here petrol is being sold at Rs 96.72 and diesel at Rs 89.76 per litre. Whereas, in Mumbai petrol is being sold at Rs 106.31 and diesel at Rs 94.27, in Kolkata petrol is being sold at Rs 106.03 and diesel at Rs 92.76 and in Chennai petrol is being sold at Rs 102.63 and diesel at Rs 94.24 per liter. Before June 2017, the price of oil was revised every 15 days. However, now the price is revised daily.
Prices changed in these cities
A slight decline has been seen in the price of petrol in Patna, the capital of Bihar. Here petrol is being sold at Rs 107.37 per litre. The price of diesel here is Rs 94.56 per liter. At the same time, in Lucknow, the capital of Uttar Pradesh, petrol is being sold at Rs 96.57 and diesel at Rs 89.76 per liter. Whereas, in Noida petrol is being sold at Rs 96.79 and diesel at Rs 89.96 and in Ghaziabad at Rs 96.58 and diesel at Rs 89.75 per liter since this morning. Along with this, a decline of 96 paise in the price of petrol and 92 paise in diesel is being seen in Maharashtra today. Also, in Jammu and Kashmir petrol has fallen by 63 paise and diesel has become cheaper by 42 paise. Apart from this, the prices of petrol and diesel have also increased in Punjab, Rajasthan and Tamil Nadu. On the other hand, people have got some relief in the prices of petrol and diesel in Telangana, Madhya Pradesh and Haryana.
Crude oil futures prices fall due to weak spot demand
Crude oil prices fell 0.95 percent to Rs 6,394 per barrel in futures trade on Monday as traders cut their deals following weak spot demand. On the Multi Commodity Exchange, the contract of crude oil for delivery in November fell by Rs 61 or 0.95 percent to Rs 6,394 per barrel. It was traded for 8.976 lots. Globally, West Texas Intermediate crude oil fell by 0.47 percent to $ 76.81 per barrel, while the price of Brent crude was trading at $ 81.01 per barrel, showing a decline of 0.52 percent.
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:
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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.
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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.
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Contribution of State Governments: State governments can also include their contribution to control the prices of petrol and diesel. They may impose various duties and taxes in their state.
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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.
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Export and Import Events: Various export and import events can also affect the prices of petrol and diesel.
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