Petrol, Diesel Prices Today: Petrol and diesel prices continued to rise on Thursday. While the rate of one liter of petrol rose by an average of 28-30 paise, diesel saw an average increase of 18-20 paise. It means the price of petrol and diesel have seen an average increase of 68 and 58 paise respectively in last three days.
The petrol and diesel prices in India are rising after spike in global oil prices following attacks on Saudi Arabian crude oil facilities.
The price of petrol increased by 29 paise per litre to Rs 72.71 and price of diesel rose by 19 paise to Rs 66.01 per litre in Delhi on Thursday. On Wednesday, petrol price had increased by 25 paise and price of diesel rose by 24 paise to Rs 65.82 per litre in the national capital.
Fuel (Petrol, Diesel, CNG) Rates In Indian Cities
The price of CNG is Rs 47.10 in Delhi this month. In Noida, petrol is retailing at Rs 74.49 a litre. Diesel price in Noida rose to Rs 66.32 a litre, as per data from Indian Oil Corporation website. The price of CNG is Rs 52.95 in Noida. The price of petrol in Gurugram went up to Rs 75.43 a litre while diesel was selling at Rs 68.42 per litre. The price of CNG is Rs 58.45 in Gurugram.
People in Mumbai will have to pay Rs 78.39 for a litre of petrol while a litre of diesel will cost Rs 69.24 per litre. In Chennai, the retail price of petrol price was increased to Rs 75.56 a litre. Diesel costs Rs 69.77 a litre. In Kolkata, petrol is retailing at Rs 75.56 a litre on Wednesday while diesel price climbed to Rs 69.77.
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.
(Disclaimer: This information is based on external sources and News Nation is not responsible for any difference in the rates)