Petrol Diesel Price: Oil Marketing Companies (OMCs) announce new prices of petrol and diesel every day at 6 am. Their prices depend on international crude oil prices and dollar-rupee exchange rate
Petrol Diesel Price: Oil Marketing Companies (OMCs) announce new prices of petrol and diesel every day at 6 am. Their prices depend on international crude oil prices and dollar-rupee exchange rate. Their prices vary across the country, as they are affected by the state and central government taxes and transportation costs. Know here the rate of gold and silver in the big cities of the country.
How is the price of petrol and diesel decided
Petrol and diesel prices depend on many factors. The most important among these is the international prices of crude oil, because crude oil is the main source of making petrol and diesel. Apart from this, the change in the dollar-rupee exchange rate due to India’s large-scale import of crude oil also affects these prices.
Every state imposes tax on petrol and diesel according to its own rules.
Government tax and refining expenses also have a big impact on prices. Central and state governments impose different taxes, which causes difference in prices according to states. At the same time, the cost of the process of converting crude oil into petrol and diesel and the balance between their demand and supply in the market also affects their prices.
Petrol and diesel rates on Friday, November 22
City | Petrol Price (Rs/Litre) | Diesel Price (Rs/Litre) |
Delhi | 94.72 | 87.62 |
Mumbai | 103.44 | 89.97 |
Chennai | 100.85 | 92.44 |
Kolkata | 103.94 | 90.76 |
Noida | 94.66 | 87.76 |
Lucknow | 94.65 | 87.76 |
Bangalore | 102.86 | 88.94 |
Hyderabad | 107.41 | 95.65 |
Jaipur | 104.88 | 90.36 |
Thiruvananthapuram | 107.62 | 96.43 |
Bhubaneswar | 101.06 | 92.91 |
Know the price of petrol and diesel in your city through SMS
If you want to know the rate of petrol and diesel in your city, then write RSPcity code from your mobile and send it to 9224992249. BPCL customers have to write RSP and send it to 9223112222. At the same time, HPCL customers can send a message to 9222201122 by writing HP Price. You will get the rest of the information on the website of oil marketing companies.
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