Petrol-Diesel Price Today: Petrol-Diesel prices increased in Bihar, know what is today’s rate in your city.
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saPetrol-Diesel Price Today: On the first day of October, the prices of petrol and diesel have been released by the oil distribution companies. Amidst the ongoing fluctuations in the prices of crude oil in the international market, the prices of petrol and diesel in India are stable. However, a slight increase in prices has been seen in some states including Bihar. In Patna, the capital of Bihar, the price of petrol has increased by 16 paise and the price of diesel has increased by 15 paise. Since then, the rate of petrol is being sold at Rs 109.33 and the price of diesel is being sold at Rs 95.97 per liter. Apart from this, the prices of petrol and diesel remain normal in the four metropolitan cities of the country, Delhi, Kolkata, Mumbai and Chennai. The good thing is that the last time the prices of petrol and diesel were changed at the national level was in May 2022. Today the price of petrol in the capital Delhi is Rs 96.72 per liter and diesel is Rs 89.62 per liter. At the same time, Kolkata petrol is being sold at Rs 106.03 and diesel at Rs 92.76 per litre. In the country’s financial capital Mumbai, petrol is available at Rs 106.31 and diesel at Rs 94.27 per litre. No change has been seen in prices in Chennai also. Here, petrol is Rs 102.77 and diesel is Rs 94.37 per liter.
Petrol and diesel prices in other cities
City Petrol (Rs/Litre) Diesel (Rs/Litre)
Noida 96.59 89.76
Gurugram 97.11 89.97
Chandigarh 96.20 84.26
Lucknow 96.62 89.81
Patna 107.24 94.04
Hyderabad 109.66 97.82
Bhubaneswar 103.19 94.76
Crude oil futures prices fall due to weak spot demand
Crude oil prices rose by Rs 3 to Rs 7,795 per barrel in futures trade on Thursday 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 October rose by Rs 3 or 0.04 percent to Rs 7,795 per barrel. It was traded for 10,595 lots. Market analysts said crude oil futures prices rose as traders increased the size of their deals. Globally, West Texas Intermediate crude oil rose 0.04 percent to $ 93.64 per barrel, while the price of Brent crude showed a rise of 0.21 percent. Was trading at $96.35 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:
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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. These events occur between different countries and producers and impact prices.
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