Petrol and diesel prices in India will remain stable on Saturday due to fall in global crude oil prices. On Friday, petrol price is Rs 106.31 per liter in Mumbai, Rs 106.03 in Kolkata, Rs 96.72 in New Delhi and Rs 102.63 in Chennai.
Oil marketing companies in India revised the prices of petrol and diesel on a daily basis. It is affected by international prices. So when the international prices of crude oil rise, the price of petrol rises in India and so on. On the other hand, if the price of crude oil decreases in the international market, we will see a decrease in the daily or current prices of petrol in India. But new prices are not published on Saturday and Sunday.
Amidst the celebrations, Indian oil marketing companies released the latest petrol and diesel prices. However, Indian oil companies have kept petrol and diesel prices steady on Saturday (November 12). In this way, today is the 173rd consecutive day that there has been no change in petrol and diesel prices in the country. It is again a relief for common people.
The state oil companies announced the prices of gasoline and diesel for Wednesday, November 12. The oil companies have not made any changes to the prices of petrol and diesel, which is a relief to the common people for the 173rd day in a row. Today, fuel prices are stable.
Impact on international markets
In the international market, the price of crude oil has been on a continuous decline for the past few days. The price of WTI crude oil has fallen to close to $85.61 per barrel and Brent crude oil to $91.63 per barrel.
The government reduced the excise tax earlier on May 21. The excise tax on gasoline was reduced by 8 rubles per liter and on diesel by 6 rubles per liter. Since then, the price of petrol and diesel has fallen. After this, diesel became cheaper in the country by Rs 9.50 and Rs 7 per litre. After the Centre’s announcement, the governments of Rajasthan, Maharashtra, Odisha and Kerala also cut VAT.
Currently, the price of petrol in Delhi is Rs 96.72 per liter and diesel is Rs 89.62 per litre. Meanwhile, in Mumbai, petrol costs Rs 106.31 and diesel Rs 94.27 per litre. Petrol in Kolkata is Rs 106.03 and diesel is Rs 92.76 per litre. On the other hand, petrol is priced at Rs 102.63 and diesel at Rs 94.24 per liter in Chennai.
Get the cheapest petrol and diesel here
The cheapest petrol and diesel are sold in Port Blair. Petrol costs Rs 84.10 per liter and diesel costs Rs 79.74 per litre.
Today’s price (gasoline price on 12 November 2022)
Delhi: Petrol Rs 96.72 and Diesel Rs 89.62 per litre.
Mumbai: Petrol Rs 106.31 and Diesel Rs 94.27 per litre.
Kolkata: Petrol Rs 106.03 and Diesel Rs 92.76 per litre.
Chennai: Petrol Rs 102.63 and Diesel Rs 94.24 per litre.
Hyderabad: Petrol Rs 109.66 and Diesel Rs 97.82 per litre.
Bangalore: Petrol Rs 101.94 and diesel Rs 87.89 per litre.
Thiruvananthapuram: Petrol Rs 107.71 and Diesel Rs 96.52 per litre.
Port Blair: Petrol Rs 84.10 and Diesel Rs 79.74 per litre.
Bhubaneswar: Petrol Rs 103.19 and Diesel Rs 94.76 per litre.
Chandigarh: Petrol Rs 96.20 and Diesel Rs 84.26 per litre.
Lucknow: Petrol Rs 96.57 and Diesel Rs 89.76 per litre.
Noida: Petrol Rs 96.57 and Diesel Rs 89.96 per litre.
Jaipur: Petrol Rs 108.48 and Diesel Rs 93.72 per litre.
Patna: Petrol Rs 107.24 and Diesel Rs 94.04 per litre
Gurugram: Rs 97.18 and diesel Rs 90.05 per litre.
Reasons that affect the price of petrol and diesel
When excise duty, commissions and others are added to the price of petrol and diesel, its price almost doubles. Gasoline and diesel prices change daily depending on crude oil prices on the international market, along with exchange rates.
Know the prices of petrol and diesel in your city
It is said that gasoline and diesel prices change daily and are updated at 6:00 a.m. You can also know the daily price of gasoline and diesel by text message. Indian Oil customers can get information by texting the city code along with RSP to 9224992249 and BPCL customers by texting RSP to 9223112222. At the same time, HPCL consumers can find out the price by texting HP Price to 9222201122.