Petrol-Diesel Price: Crude oil prices are on fire, petrol and diesel prices changed in many cities, see updates

Petrol-Diesel Price: Crude oil prices are on fire, petrol and diesel prices changed in many cities, see updates

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Petrol-Diesel Price Today: There is an atmosphere of huge tension in the Middle East amid the fear of many more countries jumping into the Israel-Hamas war. It is understood that all the Gulf countries will be affected by this war. Gulf countries meet more than half of the world’s oil needs. In such a situation, the global crude oil market is on fire. An increase of 2 percent is being seen in the prices of Brent crude oil. WTI Crude Oil An increase of about 2.80 percent was seen in the price. Meanwhile, Indian oil companies have released the prices of petrol and diesel at 6 am today. There has been no change in oil prices at the national level amid rising crude oil prices. However, a rise in the prices of petrol and diesel has been seen in some cities. The price of oil is stable in all four metros including the capital Delhi. The price of petrol in Delhi is Rs 96.72 and diesel is Rs 89.62 per liter, in Kolkata the price of petrol is Rs 106.03 and diesel is Rs 92.76, in Mumbai the price of petrol is Rs 106.31 and diesel is Rs 94.27, while in Chennai the price of petrol is Rs 102.63 per liter and diesel is Rs 94.24 per liter. Used to be.

Petrol and diesel prices in other cities

Today the price of petrol in Bihar’s capital Patna is Rs 107.37 per litre. Whereas, the price of diesel is Rs 94.04 per litre. In Lucknow, the capital of Uttar Pradesh, petrol is being sold at Rs 96.47 per liter and diesel at Rs 89.66 per liter since this morning. In Hyderabad, petrol is available at Rs 109.66 and diesel at Rs 97.82 per litre. Whereas, in Chandigarh petrol is being sold at Rs 96.20 and diesel at Rs 84.26 per litre. At the same time, in Noida petrol is available at Rs 97.00 and diesel at Rs 90.14 per liter, in Gurugram petrol is available at Rs 96.71 and diesel at Rs 89.59 per liter and in Bengaluru petrol is available at Rs 101.94 and diesel at Rs 87.89 per liter.

There was a decline on Friday

Crude oil prices rose by Rs 127 to Rs 7,072 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 127 or 1.83 percent to Rs 7,072 per barrel. It was traded for 4.797 lots. Market analysts said crude oil futures prices rose as traders increased the size of their deals. Globally, West Texas Intermediate crude oil rose 2.20 percent to $ 85.04 per barrel, while the price of Brent crude showed a rise of 2.21 percent. Was trading at $ 89.87 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.

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