Petrol-Diesel Price: Crude oil price rises due to Israel-Hamas war, know what is the rate of petrol-diesel in your place

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Petrol-Diesel Price Today: There is a rise in the prices of crude oil in the global market once again. this morning at six o’clock WTI Crude Oil It was being sold at $ 89.14 per barrel with an increase of 0.87 percent. Whereas, Brent crude oil fell 0.21 percent and was trading at $ 93.05 per barrel. The Israel-Hamas war is deepening. Now there is a possibility that after the entry of America and England in this war, Iran may also get directly involved. If this happens, the whole of West Asia will be in an environment of turmoil. Amidst this apprehension, there is a rise in the price of crude oil. Meanwhile, Indian oil distribution companies have released the prices of petrol and diesel for today. There has been a change in the prices of petrol and diesel in many cities today. However, the price of petrol and diesel is stable in the capital Delhi. Here petrol is available at Rs 96.72 per liter and diesel at Rs 89.62 per litre. Whereas, in Mumbai the price of petrol is Rs 106.31 per liter and diesel is Rs 94.27 per liter. There has been no change in the prices of petrol and diesel in Kolkata and Chennai also. In Kolkata, petrol is being sold at Rs 106.03 per liter and diesel at Rs 92.76 per litre. Whereas in Chennai the price of petrol is Rs 102.74 per liter and diesel is Rs 94.24 per liter since this morning.

Petrol and diesel prices changed in these cities

There has not been much change in the prices of petrol and diesel in Patna, the capital of Bihar. Here petrol is priced at Rs 107.24 per liter while diesel is priced at Rs 94.04 per litre. At the same time, petrol prices have been reduced by 24 paise today in Noida and Greater Noida. Here petrol is being sold at Rs 96.76 per litre. Whereas, the price of diesel has decreased by 21 paise and is being sold at Rs 89.93 per litre. In Varanasi, the price of petrol has increased by 16 paise, after which it is being sold at Rs 97.05 per litre. Whereas, after the increase of 16 paise in diesel prices, it is being sold at Rs 93.48 per litre. Whereas, in Prayagraj the price of petrol is Rs 96.66 and diesel is Rs 89.86 per litre. In Rajasthan’s capital Jaipur, petrol is available at Rs 108.48 per liter and diesel at Rs 93.72 per litre.

Crude oil futures prices fall due to weak spot demand

Crude oil prices fell 0.33 percent to Rs 7,251 per barrel in futures trade on Thursday 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 107 or 0.33 percent to Rs 7,251 per barrel. It was traded for 2.859 lots. Globally, West Texas Intermediate crude oil fell 0.23 percent to $ 88.12 per barrel, while the price of Brent crude was trading at $ 90.95 per barrel, showing a decline of 0.60 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:

• 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.

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