Inflation hit: Petrol is available in New York at around half the cost of Mumbai, know how much is the price

Posted on 1st Jun 2021 04:28 pm by rohit kumar

Petrol prices have put people at ease. The higher the use of petrol and diesel in the country, the higher the cost. Even if it is ever cheaper, it does not affect our pocket much. Oil prices rose 16 times in May, taking petrol and diesel prices to all-time highs. Today it also increased on the first day of June.

 

 

Cheap petrol is available in Mumbai in New York

Petrol in Mumbai is beyond Rs 100 per liter. According to the state-run oil company, the retail price of petrol in Mumbai has increased by 11 percent this year. Petrol cheaper than Mumbai is available in New York, USA. As per a Bloomberg report, petrol in Mumbai is almost double the price of New York.

 

 

This is the price in Mumbai and New York

According to data from Indian Oil Corporation, the price of petrol in Mumbai was Rs 100.72  ($1.39 ) per liter. According to data from the New York State Energy Research and Development Authority, gasoline prices in New York are $ 0.79 per liter.

 

The price is decided based on these parameters.

Let us know that the price of petrol and diesel changes at six o'clock in the morning. The new rates are applicable from 6 am onwards. After adding excise duty, dealer commission, and other things to the price of petrol and diesel, its price almost doubles.

 

Based on these parameters, oil companies do the work of fixing petrol rates and diesel rates daily. The dealers are the people running the petrol pumps. They sell themselves at retail prices to consumers after adding taxes and their margins to consumers. This cost is also added to the petrol rate and diesel rate.

Other news

Home Ministry: India-Bangladesh will strengthen cooperation on issues related to security and border, an agreement made in the meeting

India and Bangladesh will further deepen and strengthen cooperation on security and border issues

Gujarat Morbi Bridge Collapse: Administration in action after Morbi bridge accident, chief officer of municipality suspended

Hundreds of people died after a cable bridge collapsed in Gujarat's Morbi district. In this, many

CSK vs RR Pitch Report: It is not easy to score runs at MA Chidambaram Stadium, the pitch here is helpful for spinners

The 17th match of IPL 2023 will be played between Chennai Super Kings and Rajasthan Royals. In th

New update regarding the monsoon, Meteorological Department told us from which day it will catch pace towards north-western states

The Meteorological Department said that the pace of the monsoon has been very slow for the last f

Shivaji Statue Collapse: The Wife informed the police, why the family supported the police in the arrest of sculptor Jaideep.

Sculptor Jaideep Apte was arrested on Wednesday night in connection with the collapse of Chhatrap

Pushpa 2: Aamir Khan was impressed with Pushparaj's acting, and couldn't stop praising him, Allu Arjun expressed his gratitude

Allu Arjun's 'Pushpa 2' has been a blockbuster at the box office despite all the controversies. O

Offices will open with 50 percent employee capacity; LG turns down a proposal to end the weekend curfew

The weekend curfew, which lasted for 55 consecutive hours in Delhi from 10 pm on Friday to 5 am o

Shraddha Murder: Aftab's narco test will start in Ambedkar Hospital in Delhi in some time, and many secrets will be revealed

The narco test of Aftab Amin Poonawala, accused in the murder of live-in partner Shraddha Walker

Afghan Taliban bluntly to PAK: said- will not tolerate attack on our land, Pakistan should stop making false allegations

After the border dispute between Pakistan and Afghanistan, now tension has also increased regardi

Jehanabad Stampede: Why did the stampede happen in Siddheshwar Nath temple? Eyewitness told the truth; and also blamed the police

Seven devotees died in a stampede at Siddheshwar Nath Temple (Stampede in Siddheshwar Nath Temple