Petrol-Diesel Price: Crude oil price increased by 2.73 percent, petrol and diesel prices changed in many cities.

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Petrol-Diesel Price Today: Crude oil prices are continuously fluctuating in the global market. The price of crude oil has increased by about 2.73 percent. WTI Crude Oil was trading at $ 71.23 per barrel with a gain of 2.73 percent. Whereas, Brent Crude Oil was being sold at $ 75.84 per barrel with an increase of 2.42 percent. Meanwhile, Indian oil companies have released the rates of petrol and diesel for Sunday. Companies have once again made no change in oil prices at the national level. However, due to VAT tax, slight fluctuations are being seen in the price of oil in many cities. The prices of petrol and diesel are stable in the capital Delhi. Currently petrol is being sold here at the rate of Rs 96.72 and diesel at Rs 90.08 per litre. Whereas, in Mumbai petrol is priced at Rs 106.31 and diesel at Rs 94.27, in Kolkata petrol is sold at Rs 106.03 and diesel at Rs 92.76. Petrol is being sold at the rate of Rs 102.74 per liter and diesel at Rs 94.33 per liter in Chennai. Apart from this, changes in oil prices have been seen in some cities.

Prices changed in other cities

A slight change is being seen in the prices of petrol and diesel today in Patna, the capital of Bihar. An increase of 0.06 paise has been seen in the price of petrol. After this petrol is being sold at Rs 107.30 per litre. Whereas, the price of diesel is Rs 95.88 per litre. The price of petrol and diesel is stable in Lucknow, the capital of Uttar Pradesh. Here petrol is being sold at Rs 96.38 a liter and diesel at Rs 89.55 a litre. In Haryana, the prices of petrol and diesel have increased by 29 paise. Here petrol is available at Rs 97.53 per litre. Whereas, diesel is being sold at Rs 90.37 per litre. In Chhattisgarh, the price of petrol has increased by 0.60 paise to Rs 103.58 per litre. Whereas, diesel is being sold at Rs 96.55 a liter with an increase of 59 paise. There has been a decline of 25 paise in the price of petrol in Maharashtra. Here petrol is being sold at Rs 105.96 per liter and diesel at Rs 92.46 per liter with a fall of 24 paise.

Crude oil futures prices rise due to strong spot demand

Crude oil prices rose by Rs 109 to Rs 5,911 per barrel in futures trade on Friday as traders increased the size of their deals following strong spot demand. On the Multi Commodity Eight Exchange, the contract of crude oil for delivery in December rose by Rs 109 or 1.88 percent to Rs 5,911 per barrel. It was traded for 17.069 lots. Market analysts said crude oil futures prices rose as traders increased the size of their deals. Globally, West Texas Intermediate crude oil rose 1.95 percent to $ 70.69 per barrel, while the price of Brent crude rose 2.03 percent to $ 75.55. Was trading at 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 duties 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.

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