Petrol-Diesel Price: Crude oil price slipped, petrol-diesel prices increased in many cities, what is today’s rate at your place?
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Petrol-Diesel Price Today: Amid the ongoing war between Israel and Hamas, the rise in crude oil prices in the international market has been controlled after two days. six in the morning WTI Crude Oil An increase of 0.52 percent was seen in the price. It was selling around $83.06 per barrel. Whereas, Brent Crude Oil The price slipped. It remains at the level of $ 85.48 per barrel with a decline of 0.40 percent. There has been no impact of the rise in crude oil prices in India. However, in the meantime, Indian oil distribution companies have issued fresh rates for petrol and diesel. 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 89.62. Whereas, in Kolkata, petrol is being sold at the rate of Rs 106.03 and diesel at Rs 92.76 per liter since morning. At the same time, the price of petrol and diesel is stable in Mumbai also. Here petrol is priced at Rs 106.31 and diesel at Rs 94.27 per litre. Whereas, the price of petrol in Chennai has increased by 14 paise. Here petrol is being sold at Rs 102.77 per litre, while diesel has become costlier by 13 paise and is being sold at Rs 94.37 per litre.
Petrol and diesel prices changed in these cities also
No changes have been made at the national level by the oil distribution companies of India. However, prices of petrol and diesel have changed in many cities. For example, the price of petrol in Agra has increased by 10 paise. After this, a liter is being sold here at Rs 96.48. Whereas, diesel has become costlier by 9 paise and is being sold at Rs 89.64 per litre. At the same time, a slight decline has been seen in the price of petrol in Ahmedabad, Gujarat. Here, petrol is becoming cheaper by 7 paise at Rs 96.42 and diesel is becoming cheaper by 6 paise at Rs 92.17 per litre. In Ajmer, petrol is being sold costlier by 33 paise at Rs 108.40 per liter and diesel has increased by 30 paise at Rs 93.65 per litre. Whereas, in Noida adjacent to the capital Delhi, there has been a slight increase of 5 paise in the price of petrol. Here petrol is becoming cheaper by Rs 96.59 and diesel by 6 paise at Rs 89.76 per litre. Also, petrol has become expensive and diesel prices have been reduced in Gurugram. Here petrol is available at Rs 97.18 per liter and diesel at Rs 90.05 per liter. Whereas, the price of petrol and diesel has increased in Gorakhpur, Uttar Pradesh. Here petrol has become costlier by 33 paise and is being sold at Rs 97.07, while the price of diesel has increased by 32 paise and is being sold at Rs 90.24 per litre.
Crude oil futures prices fall due to weak spot demand
Crude oil prices fell 0.07 percent to Rs 7,156 per barrel in futures trade on Wednesday as traders cut their deals following weak spot demand. On the Multi Commodity Exchange, the contract of crude oil for delivery in October declined by Rs 5 or 0.07 percent to Rs 7,156 per barrel. It was traded for 8.826 lots. Globally, West Texas Intermediate crude oil rose by 0.07 percent to $ 86.03 per barrel, while the price of Brent crude was trading at $ 87.81 per barrel, showing a rise of 0.18 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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