In the domestic fuel market, the price of petrol, which has been stable for more than a month, has now seen an increase for the second consecutive day. Indian oil marketing companies IOC, HPCL & BPCL have increased the price of petrol by 16 paise per liter today (Monday, 17 August).
In the capital Delhi, where the price of petrol has increased by 16 paise, it has increased by 14 paise in Mumbai, 13 paise in Kolkata and 12 paise in Chennai. However, the price of diesel remains the same even today. That is, Diesel will be available at its old price throughout the country.
Let us tell you that on 1 July 2019, the price of petrol in Delhi was Rs 70.44 and the price of diesel was Rs 64.27 per liter. Excise duty and cess were imposed on petrol and diesel in the general budget presented on July 5. After this, the price of both had increased. At the international level, WTI crude is trading at $ 54.96 a barrel and Brent crude at $ 58.57 a barrel. Identical twin brothers married to Identical twin sisters And Now they are both pregnant
According to the website of Indian Oil, today the price of petrol in the country’s capital Delhi is Rs 80.73 per liter. Petrol is getting Rs 87.45 per liter in the financial capital Mumbai. Talk about Kolkata, for a liter of petrol here, you have to pay 82.30 rupees. While in Chennai, petrol will be available for Rs 83.87 per liter.
After the relief from the state government in Delhi, the price of diesel has come down from Rs 81.94 per liter to Rs 73.56 per liter. Diesel is being sold in Mumbai at Rs 80.11 per liter. In Kolkata you will get one liter diesel available for Rs 77.06. Whereas in Chennai, you have to pay Rs 78.86 for a liter of diesel.
Petrol and diesel prices change every day, depending on what the crude prices are in the international market along with foreign exchange rates. On the basis of these standards, the oil marketing companies decide the petrol rate and diesel rate daily. Indian Oil, Bharat Petroleum and Hindustan Petroleum revise petrol and diesel rates at 6 am every day. After adding excise duty, dealer’s commission and other things to the prices of petrol and diesel, the price of oil rises up to double.
Apart from this, talk about different prices in states, each state imposes different local sales tax or value-added tax on petrol and diesel. Due to this, the rates of diesel and petrol for consumers change according to the states.