There has been notable activity in crude oil prices this week. Crude oil prices in the international market are around $86 per barrel, while WTI crude is also below $82. Increasing tensions between Israel and Hezbollah are affecting crude oil prices, resulting in a third consecutive week of price hikes.
Petrol Diesel Price Today: Government oil marketing companies are closely watched due to any movements in crude oil prices, as they regularly update current rates. Despite the upward trend in crude oil prices, fuel rates remained unchanged on Sunday. The last adjustment in petrol and diesel prices in the country occurred back in March this year.
Diesel rates in major cities
City Rates (₹/L)
Chennai 92.32
New Delhi 87.66
Mumbai 92.13
Kolkata 90.74
Petrol rates in major cities
City Rates (₹/L)
Mumbai 104.19
New Delhi 94.76
Kolkata 103.93
Chennai 100.73
Petrol and diesel prices in other cities of the country
- Lucknow: Petrol Rs 94.63 per liter and diesel Rs 87.74 per liter
- Jaipur: Petrol Rs 104.86 per liter and diesel Rs 90.34 per liter
- Noida: Petrol Rs 94.81 per liter and diesel Rs 87.94 per liter
- Patna: Petrol Rs 105.16 per liter and diesel Rs 92.03 per liter
- Chandigarh: Petrol Rs 94.22 per liter and diesel Rs 82.38 per liter
- Gurugram: Petrol Rs 95.18 per liter and diesel Rs 88.03 per liter
- Hyderabad: Petrol Rs 107.39 per liter and diesel Rs 95.63 per liter
Petrol and diesel became cheaper in March
OMCs like IOCL, BPCL and HPCL release fresh rates of petrol and diesel every morning. Under this, new rates are released at 6 am. The prices of both were last changed on March 14, 2024. Under this, the price of petrol and diesel was reduced by Rs 2-2 per liter. Companies like Hindustan Petroleum Corporation, Indian Oil Corporation of India release the prices of petrol and diesel on their website. You can check the price of oil even while sitting at home.
Check petrol and diesel prices from your mobile
Petrol and diesel prices are released every day. You can easily check the latest rates of petrol and diesel while sitting in your city. For this, you will have to visit the official website of oil marketing companies or send an SMS. Indian Oil customers can write RSP along with the city code and send an SMS to 9224992249. If you are a BPCL customer, you can write RSP and send an SMS to 9223112222.
Why is petrol and diesel so expensive?
According to the official website of Indian Oil Corporation Limited, petrol is being sold at Rs 94.72 per liter in Delhi. Let’s understand its calculation… The base price of one liter was Rs 55.46. The cost of freight was 20 paise. Excise duty of Rs 19.90 was added to this. Then dealer commission of Rs 3.77 was also added. Apart from this, VAT of Rs 15.39 was charged. In this respect, the price of petrol became Rs 94.72.
The diesel prices on the government company’s website are computed as follows: the base price stands at Rs. 56.20. To this, a surcharge of 22 paise is added. Excise duty contributes Rs. 15.80. Subsequently, an average dealer commission of Rs. 2.58 applies. Moving forward, VAT of Rs. 12.82 is imposed. Accordingly, customers are charged Rs. 87.62 per liter of diesel.
