Petrol-Diesel Price: Crude oil prices fell, petrol and diesel prices changed from Rajasthan to Bihar.
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Petrol-Diesel Price Today: Fluctuations in crude oil prices continue in the global market. There was a sudden rise in the prices of crude oil due to the Israel-Hamas war. After which it was being estimated that the price of crude oil could reach $ 100 per barrel. But now the price seems to be coming under control. Today at around 6 am, the price of WTI Crude Oil was around $76.39 per kg. At the same time, Brent crude oil was trading at $ 81.18 per barrel. Meanwhile, the rates of petrol and diesel have been released by Indian oil companies for today. There has been no change in oil prices at the national level by the companies. Even in the capital Delhi, the prices of petrol and diesel are stable. Here petrol is being sold at Rs 96.72 per liter 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 and in Chennai petrol is being sold at Rs 102.74 and diesel at Rs 94.33 per litre. Apart from this, prices have changed due to changes in VAT tax in many cities.
Prices changed in other cities also
People in Patna, the capital of Bihar, have got some relief in the prices of petrol and diesel today. Here the price of petrol has been reduced by 36 paise. After this it is being sold at Rs 107.24 per litre. Whereas, after the price of diesel has been reduced by 33 paise, it is being sold at Rs 94.04 per litre. At the same time, people of Rajasthan will have to pay more money to buy petrol and diesel today. Here petrol has become costlier by 38 paise and diesel by 34 paise. Apart from this, in Gujarat petrol has become costlier by 63 paise and diesel by 64 paise and in Chhattisgarh petrol has become costlier by 44 paise and diesel by 43 paise. In Himachal Pradesh, there has been a relief of 33 paise in the price of petrol and 31 paise in the price of diesel. Also, fuel prices have been reduced in Uttar Pradesh also. After this, in Noida petrol is being sold at Rs 96.92 and diesel at Rs 89.96 and in Ghaziabad petrol is being sold at Rs 96.34 and diesel at Rs 89.75 per litre.
Crude oil futures prices fall due to weak spot demand
The price of crude oil fell to Rs 6,508 per barrel in futures trade on Wednesday due to traders cutting their deals following weak spot demand. In the Multi Commodity Exchange, the contract of crude oil for delivery in November remained unchanged at Rs 6,508 per barrel. It was traded for 5.087 lots. Globally, West Texas Intermediate crude oil fell by 0.04 percent to $ 78.23 per barrel, while the price of Brent crude was trading at $ 82.44 per barrel, showing a decline of 0.04 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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