Petrol and diesel prices continue to fall in the global market. Petrol in the country The prices of petrol and diesel in the country remain stable. The prices of petroleum products in the country were updated on Monday. Petrol and diesel prices have not increased in the country for more than four months. At present, the price of one liter of petrol in the country's capital Delhi is Rs 96.72. Whereas diesel is being sold here for Rs 89.62 per liter. The cheapest petrol in the country is in Port Blair, Andaman and Nicobar Islands. Here petrol is being sold for Rs 84.10 per liter. At the same time, the price of diesel here is Rs 79.74 per liter.
Petrol and diesel prices are stable in Mumbai too
According to the rates released on Monday by the companies associated with the business of petroleum, there has been no change in the prices of petrol and diesel anywhere in the country. Compared to Delhi, the prices in Mumbai also remain stable as before. Petrol in Mumbai is selling at Rs 106.31 per liter. At the same time, the price of diesel in the country's financial capital Mumbai remains at Rs 94.27 per liter. Petrol is being sold at Rs 92.76 per liter in the southern metropolis and Tamil Nadu capital Chennai. In Kolkata, the capital of West Bengal, petrol is being sold at Rs 106.03 per liter while diesel is at Rs 92.76 per liter.
On May 21, the government cut the excise duty on petrol and diesel.
Let us tell you that on May 21, the central government decided to reduce the excise duty on petrol and diesel in the country. Due to this decision of the government, petrol in the country was reduced by eight rupees and diesel by six rupees per liter. Since then there has been no change in the prices at the national level in the country. Due to the state-level tax, there has been a change in the prices of petroleum products in different states.
How are the prices of petrol and diesel determined?
Based on crude oil prices in the international market, oil marketing companies in the country fix the price of petrol and diesel every day based on a review of prices. You can find out the price of petroleum, petrol, and diesel from any corner of the country by sending an SMS. For this, you have to send the RSP code to Indian Oil customers on 9224992249. You can check the RSP code of your city by visiting the IOCL website.
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