September 25, 2022
Petrol-Diesel Price Today: All eyes on the decision of petrol-diesel, oil companies

Petrol-Diesel Price Today: Petrol and diesel prices in the country continued to remain stable for the past several days. However, the crude oil prices have come down significantly in the last few days. Despite this, there has been no reduction in the prices of petrol and diesel.

This question is arising in the hearts and minds of oil consumers that when will the effect of the fall in crude oil prices on petrol and diesel prices? Experts believe that soon its effect can be seen and a slight fall in prices can be recorded.

What do the experts guess

The new rates of petrol and diesel are released only after the review of crude oil prices in the global market. Crude oil prices have been fluctuating in recent days, but the oil companies have not yet taken any step in the direction of reducing the rates of petrol and diesel.

In the international market on Sunday, the price of Brent crude was at $ 92.84 per barrel while the rate of WTI crude was at $ 86.79 per barrel. On Monday, the price of WTI crude fell to $ 86.05 per barrel and Brent crude to $ 92.19 per barrel.

If compared with the rate of August 31, the prices have come down significantly. On August 31, the price of WTI crude was at $ 96.77 per barrel and Brent crude at $ 104.7 per barrel. On Saturday also, Brent crude oil was trending around $ 92 per barrel. In view of this decline, experts are forecasting a reduction in the rate of petrol and diesel. Now all eyes are on the decision of the oil companies.

Difference in prices in only two states

If we talk about stability in the rates of petrol and diesel, then in the third week of May, it was decided by the central government to reduce the excise duty. Later, many state governments also reduced the rates of VAT. After that, the rate of both petrol and diesel was significantly reduced. Barring Maharashtra and Meghalaya, prices have remained stable in other states of the country for more than three and a half months.

Meghalaya and Maharashtra are the only two states in the country where prices have changed. In Meghalaya, there has been an increase in prices, while consumers in Maharashtra have benefited from the reduction in prices. For a long time in the capital Delhi, the price of one liter of petrol has remained at Rs 96.72 and the price of one liter of diesel at Rs 89.62.

Today’s rate in major cities

Petrol in Delhi Rs 96.72 and Diesel Rs 89.62 per liter

Petrol in Mumbai Rs 111.35 and diesel Rs 97.28 per liter

Petrol in Lucknow Rs 96.57 and diesel Rs 89.76 per liter

Petrol in Kolkata Rs 106.03 and Diesel Rs 92.76 per liter

Petrol in Gurugram Rs 97.18 and diesel Rs 90.05 per liter

Petrol in Amritsar Rs 96.77 and Diesel Rs 87.11 per liter

Petrol in Jaipur Rs 108.48 and diesel Rs 93.72 per liter

Petrol in Chennai 102.63. Rs and diesel Rs 92.76 per liter

Petrol in Noida Rs 96.57 and diesel Rs 89.96 per liter

Petrol in Patna Rs 107.24 and diesel Rs 94.04 per liter

Petrol in Bengaluru Rs 101.94 and diesel Rs 87.89 per liter

Petrol in Thiruvananthapuram Rs 107.71 and diesel Rs 96.52 per liter

Petrol in Bhubaneswar Rs 103.19 and Diesel Rs 94.76 per liter

Petrol in Port Blair Rs 84.10 and Diesel Rs 79.74 per liter

Petrol in Chandigarh Rs.96.20 and Diesel Rs.84.per liter

Petrol in Raipur Rs 102.66 and Diesel Rs 95.64 per liter

Petrol in Ranchi Rs 99.84 and diesel Rs 94.65 per liter

Petrol in Varanasi Rs 97.17 and diesel Rs 90.35 per liter

Petrol in Gorakhpur Rs 96.51 and Diesel Rs 89.70 per liter

Petrol in Hyderabad Rs 109.66 and Diesel Rs 97.22 per liter

Leave a Reply

Your email address will not be published.