Petrol-Diesel Price: Crude oil prices fell by 2.49%, yet oil prices increased from Rajasthan to Bihar.

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Petrol-Diesel Price Today: A big increase is being seen in the prices of crude oil in the international market. A decline of up to 2.49 percent is being seen in the prices of crude oil. WTI Crude Oil is being sold at $ 74.07 per barrel, falling 2.49 percent. Along with this, a decline of 2.45 percent was also seen in Brent Crude Oil. After this it was being sold at $78.88 per barrel. Meanwhile, Indian oil companies have released the rates of petrol and diesel for today. The companies have made it clear that they will change oil prices at the national level only when the price of crude oil stabilizes below $80. In such a situation, today there has been no change in the prices of petrol and diesel in all four metros including the capital Delhi. In the capital Delhi, petrol is being sold at the rate of Rs 96.72 and diesel at Rs 90.08 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 per liter and in Chennai petrol is being sold at Rs 102.74 and diesel at Rs 94.33 per liter.

Prices changed in other states

In Patna, the capital of Bihar, today there has been a slight increase of 0.06 paise in the prices of petrol and diesel. After this, petrol is being sold here at Rs 107.24 per liter and diesel at Rs 94.04 per liter. Today in Uttar Pradesh, there has been an increase of 16 paise in the prices of petrol and diesel. Here petrol is being sold at Rs 96.36 and diesel at Rs 89.53 per litre. Whereas, a slight increase of 6 paise has been seen in the prices of diesel in Uttarakhand. Here diesel is being sold at Rs 90.54 per liter and petrol at Rs 98.95 per liter after an increase of 23 paise. An increase of 29 paise has been seen in the prices of petrol in Rajasthan. The price of petrol here is Rs 108.36 per litre. Whereas, after an increase of 26 paise in the price of diesel, it is being sold at Rs 93.61 per litre. Whereas, a decline of 32 paise has been seen in the prices of petrol in Punjab. After this, petrol is being sold here at Rs 98.42 per litre. Whereas, after falling by 30 paise, diesel prices have reached Rs 88.74 per litre.

Crude oil futures prices fall due to weak spot demand

Crude oil prices fell 0.61 percent to Rs 6,368 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 December fell by Rs 39 or 0.61 percent to Rs 6,368 per barrel. It was traded for 10.878 lots. Globally, West Texas Intermediate crude oil fell 0.21 percent to $ 76.12 per barrel, while the price of Brent crude was trading at $ 80.87 per barrel, showing a slight rise.

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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