Petrol-Diesel Price: Crude oil prices weakened, yet petrol and diesel prices increased from Rajasthan to Assam.

Petrol Diesel Price Today: Fluctuations in crude oil prices continue in the global market. However, for the last few days there has been a decline in the prices of crude oil. today at 7.30 am WTI Crude Oil Its price fell 0.06 percent and was being sold at $ 68.56 per barrel. Whereas, Brent Crude Oil It was trading at $ 73.23 per barrel with a decline of 0.01 percent. Meanwhile, Indian oil distributor companies have released the rates of petrol and diesel for today. Even today the companies have not changed the oil prices at the national level. However, according to the states, due to changes in VAT tax, changes are being seen in the prices of petrol and diesel at some places. The prices of petrol and diesel are stable in the capital Delhi. Currently petrol is being sold here at the rate of Rs 96.72 and diesel at Rs 90.08 per litre. Whereas, in Mumbai petrol is priced at Rs 106.31 and diesel at Rs 94.27, in Kolkata petrol is sold at Rs 106.03 and diesel at Rs 92.76. Petrol is being sold at the rate of Rs 102.74 per liter and diesel at Rs 94.33 per liter in Chennai. Apart from this, changes in oil prices have been seen in some cities.

Petrol and diesel prices changed in other cities

The price of petrol and diesel remains stable in Patna, the capital of Bihar. Here the price of petrol remains at Rs 107.24 per liter and diesel at Rs 94.03 per liter. Even in Uttar Pradesh today, there is no change in oil prices. Here petrol is being sold at Rs 96.63 per litre. Whereas, the price of diesel is Rs 89.80 per litre. There is an increase of 27 paise in the price of petrol in Maharashtra. Here petrol is available at Rs 106.85 per litre. At the same time, after increasing the price of diesel by 24 paise, it is available at Rs 93.33 per litre. In Rajasthan, petrol is being sold 17 paise cheaper at Rs 108.36 a liter and diesel is being sold 15 paise costlier at Rs 93.61 a litre. Actually, there was an increase of 25 paise in the price of petrol. After this, petrol is available here at 98.58 litres. Whereas, after the price of diesel increased by 24 paise, it is being sold at Rs 90.87 per litre. However, today there is no change in oil prices in most of the states of the country.

Crude oil futures prices rise due to strong spot demand

Crude oil prices rose by Rs 9 to Rs 5,978 per barrel in futures trade on Tuesday 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 December rose by Rs 9 or 0.15 percent to Rs 5,978 per barrel. It was traded for 13.171 lots. Market analysts said crude oil futures prices rose as traders increased the size of their deals. Globally, West Texas Intermediate crude oil rose 0.60 percent to $ 71.75 per barrel, while the price of Brent crude rose 0.53 percent to $ 76.43. Was trading at per barrel.

How to check the fuel rate of your city

To know the fuel rate of your city through message, BPCL customers will have to send the message RSP to number 9224992249. To know the price, HPCL customers should message HPPRICE to 9222201122. Indian Oil customers can message RSP to 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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