Petrol Rate, Diesel Rate Today: After two day of no change, petrol and diesel prices saw an upward change on Monday (September 30) as state-run oil marketing companies again increased rates. On Sunday, petrol rate increased by 8 paise in Delhi and other metroplitan cities, while diesel rate increased by 9 to 10 paise. The rate of petrol and diesel have increased heavily since September 17 following attacks on Saudi Arabian crude oil facilities. Since the attack less than two weeks that resulted in the biggest supply disruption in the history of the oil trade, global benchmark prices have gently settled back to where they were before the drone attacks on Saudi facilities. But commuters and motorists in India seemed to have no respite. In Delhi, Petrol prices have soared by Rs 2.39 a litre and diesel by Rs 1.90 in the last twelve days - the most since daily price revision was introduced in 2017.
Fuel (Petrol, Diesel, CNG) Rates In Indian Cities
The petrol prices in Delhi increased to Rs 74.42 a litre while diesel prices were at Rs 67.33 per litre on Monday, according to the fuel price data available on the website of Indian Oil Corporation Ltd (IOCL).
The rate of petrol in Noida was Rs 75.84 a litre while diesel was selling at Rs 67.65 a litre. In Gurugram, petrol rate is Rs 74.04 a litre, while diesel price in Gurugram is Rs 66.45 per litre.
In Mumbai, petrol went past the Rs 80-mark on Monday. In Mumbai, the rate of one litre of petrol is Rs 80.08 per litre on Monday. A litre of diesel is priced at Rs 70.64 per litre in Mumbai. In Chennai, the retail price of petrol is Rs 77.36 a litre, while diesel was being sold at Rs 71.19 a litre. In Kolkata, petrol is retailing at Rs 77.10 a litre today, while diesel price were at Rs 69.75 a litre today.
The price of CNG is Rs 47.10 a kg in Delhi this month. The price of CNG is Rs 52.95 a kg in Noida while CNG is priced at Rs 58.45 per kg in Gurugram.
Why Fuel Prices Change Every Day?
The fuel prices are in India are revised on a daily basis. Petrol and diesel prices are revised every day at 06:00 am to sync it with the variation in global oil prices. When international crude oil prices gain, prices in India move higher. Other factors also impact the price of fuel like rupee to US dollar exchange rate, cost of crude oil, global cues, demand for fuel, and so on.
Why Fuel Prices Differ In Every City?
Price of fuel includes excise duty, value added tax (VAT), and dealer commission. As VAT varies from state to state, the price of fuel is different in every city.