Tag: diesel

  • Petrol-Diesel Price: Petrol-Diesel prices increased from Haryana to Bihar, what is today’s rate in your city?

    Petrol-Diesel Price Today: After the start of Israel-Hamas war, crude oil prices went on fire. The effect of unrest in West Asia is being seen all over the world. However, there was a slight relief in the prices of crude oil at 6 am on Tuesday. WTI crude was being sold at $86.11 per barrel. Whereas, Brent crude was also trading at $ 87.93 per barrel. Meanwhile, Indian oil distribution companies released the prices of petrol and diesel at 6 am today. There has been no change in prices at the national level by oil companies. Whereas, changes in oil prices have been seen in Punjab, Haryana, Rajasthan, Uttar Pradesh and Bihar. Today there has been a relief of 48 paise in petrol prices in Punjab. Whereas, the rise in petrol prices continues in Rajasthan. Here today an increase of 6 paise has been seen in the prices of petrol. Apart from this, the prices of petrol and diesel in Uttar Pradesh have increased by 10 paise. However, in the capital Delhi, petrol is being sold at Rs 96.72 and diesel at Rs 89.62 per liter.

    Petrol and diesel prices released in other cities

    City Petrol (Rs/per litre) Diesel (Rs/per litre)

    Mumbai 106.31 94.27

    Kolkata 106.03 92.76

    Chennai 102.74 94.34

    Noida 96.59 89.76

    Ghaziabad 96.58 89.75

    Lucknow 96.44 89.62

    Patna 107.74 94.51

    Port Blair 84.10 79.74

    Crude oil futures prices rise due to strong spot demand

    Crude oil prices rose by Rs 241 to Rs 7,116 per barrel in futures trade on Monday 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 241 or 3.51 percent to Rs 7,116 per barrel. It was traded for 10.131 lots. Market analysts said crude oil futures prices rose as traders increased the size of their deals. Globally, West Texas Intermediate crude oil rose 2.90 percent to $ 85.19 per barrel, while the price of Brent crude showed a rise of 2.68 percent. Was trading at $86.85 per barrel. Despite the rise in crude oil prices, petrol and diesel prices are unlikely to increase due to the general elections next year. This was said in a report by Moody’s Investors Service. Three public sector fuel retailers Indian Oil Corporation (IOC), Bharat Petroleum Corporation Limited (BPCL) and Hindustan Petroleum Corporation Limited (HPCL) have kept the prices of petrol and diesel stable for 18 consecutive months. These companies control about 90 percent of the market.

    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.

  • Petrol-Diesel Price: Crude oil price surge, will petrol and diesel also be affected? What is today’s rate in your city?

    Petrol-Diesel Price: Crude oil prices in the international market (Crude Oil PriceThe fire in ) has now stopped. After crossing the price of $90 per barrel, the price of crude oil has now fallen sharply. WTI Crude is being sold at $82.79 per barrel. Whereas, Brent crude is $ 85.58 per barrel. The fall in prices is going to have a big impact on the global market. Meanwhile, on Sunday morning, oil distributor companies have released today’s prices of petrol and diesel. The fall in the price of crude oil in the international market has not seen any significant impact in the market. Oil companies have not made any changes at the national level. However, there have been slight fluctuations in the prices of petrol and diesel in some cities of the country. The prices of petrol and diesel are stable in the four metropolitan cities of the country, Delhi, Mumbai, Chennai and Kolkata. In the capital Delhi, petrol is being sold at Rs 96.72 and diesel at Rs 89.62 per liter. Whereas, in Mumbai, petrol is available at Rs 106.31 and diesel at Rs 94.27 per liter since this morning. At the same time, in Chennai petrol is being sold at Rs 102.63 and diesel at Rs 94.24 per liter, while in Kolkata petrol is being sold at Rs 106.03 and diesel at Rs 92.76 per liter.

    Petrol and diesel prices in other cities

    City Petrol(Rs/Litre) Diesel(Rs/Litre)

    Noida 97.00 90.14

    Gurugram 96.94 89.82

    Bengaluru 101.94 87.89

    Chandigarh 96.20 84.26

    Jaipur 108.48 93.72

    Patna 107.24 94.04

    Lucknow 96.58 89.77

    Crude oil futures prices fall due to weak spot demand

    Crude oil prices fell by 0.19 percent to Rs 6,907 per barrel in futures trade on Friday as traders cut their deals following weak spot demand. On the Multi Commodity Exchange, the contract of crude oil for delivery in October fell by Rs 13 or 0.19 percent to Rs 6,907 per barrel. It was traded for 12,195 lots. Globally, West Texas Intermediate crude oil fell 0.39 percent to $ 82.63 per barrel, while the price of Brent crude was trading at $ 84.26 per barrel, showing a decline of 0.23 percent.

    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.

  • Petrol-Diesel Price: Petrol-Diesel prices fell in many cities, know what is today’s rate in your city.

    Petrol-Diesel Price: There was a continuous rise in the prices of crude oil in the international market. The price of crude oil had reached near $100 per barrel. But, after this a decline is being seen in the prices. An increase of 0.60 percent was seen in the price of WTI Crude Oil at 6 am on Friday. It was being sold at around $82.80 per barrel. Whereas, Brent crude oil remains at $ 84.46 per barrel with an increase of 0.46 percent. However, there is no significant impact of fluctuations in the price of crude oil in the international market in India. The price of petrol and diesel is stable in most cities. However, in Chennai petrol is being sold 3 paise cheaper at Rs 102.74 per litre. Whereas, diesel prices have also been reduced by four paise. It is being sold at Rs 94.33 per litre. At the same time, the prices of petrol and diesel are stable in the country’s capital Delhi. Here petrol is being sold at Rs 96.72 per liter and diesel at Rs 89.62 per litre. Whereas, in Mumbai petrol is being sold at Rs 106.31 per litre, diesel at Rs 94.27 per liter and in Kolkata petrol is being sold at Rs 106.03 per liter and diesel at Rs 92.76 per litre.

  • Government will not impose additional tax of 10 percent on diesel cars

    The central government is not considering the proposal to impose additional Goods and Services Tax (GST) of 10 percent on diesel cars. Road Transport and Highways Minister Nitin Gadkari has given this information. A large number of diesel-powered vehicles are used in the country. However, a news agency report on Tuesday quoted Gadkari as saying that a proposal to impose additional 10 percent GST on diesel vehicles will be given to the Finance Minister. After this, Gadkari gave a clarification on X (earlier Twitter) saying that the government is not considering any such proposal. According to this report, the proposal to impose additional tax on diesel vehicles will be given to the Finance Minister by Gadkari. Its objective was to stop automobile companies from manufacturing and selling diesel engine vehicles. Gadkari had said that if the automobile industry does not stop making diesel cars, the government will increase the tax so much that it will become difficult to sell diesel vehicles. Gadkari has said in clarification regarding this that the government is not considering any such proposal. He said, “There is an immediate need to clarify media reports regarding additional 10 percent GST on the sale of diesel vehicles. It is important to clarify that the government is not considering any such proposal. Our carbon net by 2070 “With the commitment to achieve zero and reduce air pollution caused by harmful fuels like diesel, it is necessary to use environment friendly alternative fuels. These fuels should be import substitutes, low cost, indigenous and pollution free.” In the report regarding imposition of additional tax on diesel vehicles, Gadkari was quoted as saying that diesel is a harmful fuel and the country imports it in large quantities. The automobile industry should reduce its production of diesel engines. If this does not happen then the government will be forced to increase the tax on diesel vehicles. Gadkari had recently launched a car that runs completely on ethanol. In many other countries too, emphasis is being laid on vehicles running on alternative fuels.