Petrol-Diesel Price: Petrol-Diesel price changed from Maharashtra to Odisha, know what is today’s rate

Petrol-Diesel Price: Petrol-Diesel price changed from Maharashtra to Odisha, know what is today’s rate

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Petrol-Diesel Price Today: Crude oil prices continue to fluctuate amidst the atmosphere of war in the Middle East. However, today prices remain flat. At six in the morning, WTI Crude Oil was trading at $ 81.07 per barrel. Whereas, Brent crude was being sold at $ 85.16 per barrel. Meanwhile, Indian oil distribution companies have released the prices of petrol and diesel for today. There has been no change in the prices of petrol and diesel at the national level by the oil companies. However, prices have changed again in many states. Today in the country’s capital Delhi, petrol is being sold at Rs 96.72 and diesel at Rs 89.76 per liter. Whereas, in Mumbai petrol is being sold at Rs 106.31 and diesel at Rs 94.27, in Kolkata petrol at Rs 106.03 and diesel at Rs 92.76, in Chennai petrol at Rs 102.75 and diesel at Rs 94.34 since this morning. Let us tell you that since June 2017, oil prices are revised daily by oil companies according to the international market. Earlier, oil prices were changed every 15 days.

Oil price changed in other states also

There has been a slight decline in the prices of petrol and diesel in Patna, the capital of Bihar. Today petrol is being sold at Rs 107.24 and diesel at Rs 94.04 per litre. In Noida adjacent to Delhi, petrol is being sold at Rs 97 and diesel at Rs 90.14 per liter, whereas in Ghaziabad, petrol is being sold at Rs 96.58 and diesel at Rs 89.75 per liter. In Lucknow, the capital of Uttar Pradesh, petrol is being sold at Rs 96.47 and diesel at Rs 89.66 per liter. Talking about the state level, oil companies have increased the prices of petrol by 50 paise and diesel by 49 paise in Chhattisgarh. In Maharashtra, the price of petrol has been increased by 56 paise and the price of diesel has been increased by 52 paise. Today in Uttar Pradesh, there is an increase of 30 paise in the price of petrol and diesel. Apart from this, prices of petrol and diesel have also increased in Madhya Pradesh and Andhra Pradesh. In Haryana, people have got a relief of 28 paise in the prices of petrol and diesel. Along with this, people are also getting minor relief in the prices of petrol and diesel in West Bengal, Punjab and Odisha.

There was a rise in the price of crude oil on Wednesday

Crude oil prices rose by Rs 22 to Rs 6,804 per barrel in futures trade on Wednesday 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 22 or 0.32 percent to Rs 6,804 per barrel. It was traded for 7.091 lots. Market analysts said crude oil futures prices rose as traders increased the size of their deals. Globally, West Texas Intermediate crude oil rose 0.46 percent to $ 81.39 per barrel, while the price of Brent crude rose 0.55 percent to $ 85.49. Was trading at 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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