The Chhattisgarh

Tag: Petrol Diesel price

  • 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.

  • Price of petrol and diesel in Pakistan crosses Rs 330 per litre, inflation hits common people again

    Crisis in Pakistan: With inflation reaching double digits in Pakistan, the caretaker government has once again increased the prices of petrol and diesel. After the prices of these petroleum products reached record levels, opposition parties have started protesting. This decision of the caretaker government has also been challenged in the Lahore High Court. After getting the approval of Caretaker Prime Minister Anwarul Haq Kakar, the Finance Ministry on Friday night issued an order to increase the price of petrol by Rs 26.02 and diesel by Rs 17.34 per liter. After this, the price of petrol and ‘high-speed’ diesel (HSD) has increased by more than Rs 330 per liter. Earlier on September 1 also, the caretaker government had increased the prices of petrol and diesel by about Rs 14 per liter.

    Prices increased twice in a month
    Since the formation of the caretaker government in Pakistan last month, the prices of petrol and diesel have increased by 20 percent. In Pakistan, since August 15, the price of petrol has increased by Rs 32.14 per liter while the price of diesel has increased by Rs 38.49 per liter. Newspaper ‘Dawn’ said that the prices of petrol and diesel reaching Rs 330 per liter is like breaking of a psychological barrier. The increase in fuel prices comes after the inflation rate increased by more than 27.4 percent in August. After the increase in the prices of petrol and diesel, the opposition parties are strongly opposing it.

    JI goes on strike against price rise
    According to the website of Dunya News Channel, Jamaat-e-Islami (JI) has announced to protest outside the houses of governors in all the four provinces of Pakistan, protesting against the huge increase in petroleum prices. JI chief Sirajul Haq said that the government has made the life of the common man miserable by increasing petroleum prices on the instructions of the International Monetary Fund (IMF). Grand Democratic Alliance’s Sardar Abdul Rahim said that the Pakistan Democratic Movement (PDM)’s agreement with the IMF has proved fatal for the country’s economy. This channel said in another report that a lawyer named Azhar Siddiqui in Lahore has filed an application against this decision in Lahore High Court and the caretaker federal government has been made a party.

    Economic burden on people of Pakistan will increase
    It has been said in the petition that till now there was no system to determine the prices of products and the increase in the prices of petroleum products will now increase inflation further. Earlier, the Finance Ministry had attributed the revision in current consumer prices of petroleum products to ‘increasing trend of petroleum prices in the international market’. The increase in prices of these petroleum products twice in a fortnight will increase the economic burden on the people of Pakistan. Petrol and HSD are used by all private and public service vehicles.