Petrol, Diesel Price Today: Petrol, Diesel prices in India are revised by the oil marketing companies like Indian Oil, Bharat Petroleum and Hindustan Petroleum based on the global prices. So, when crude oil prices in international market rise, fuel prices in India increase and so on. While if crude oil prices in the global markets drop, we see a fall in daily fuel prices in India. So, we are updating our readers with the daily petrol, diesel prices, so that they can plan their fuel need accordingly.
Petrol, diesel prices in India on Wednesday remain steady amid a decline in the price of crude oil globally. on Wednesday, the cost of petrol is Rs 106.31 per litre in Mumbai, Rs 106.03 in Kolkata, Rs 96.72 in New Delhi, and Rs 102.63 in Chennai.
Oil marketing companies in India revised petrol, diesel rates on daily basis. It is influenced by the international prices. So, when international crude oil prices gain, petrol prices in India move higher and so on. On the other hand, if crude oil prices in the international markets drop, we see a fall in daily or today’s petrol prices in India. But No new rates are released on Saturday and Sunday.
Amid the festivities Indian oil marketing companies released the latest prices of petrol and diesel. However, Indian oil companies have kept petrol and diesel prices steady on Wednesday (November 16). In this way, today is the 177th consecutive day when there has been no change in the price of petrol and diesel in the country. It is again a relief for the common people.
Government oil companies released the prices of petrol and diesel for Wednesday, November 16. Oil companies have not made any change in the price of petrol and diesel, giving relief to the common people for the 177th consecutive day. Today the prices of fuels are stable.
International market impact
In the international market, the price of crude oil has been continuously declining for the last several days. The price of WTI crude has come down near $ 85.61 per barrel and Brent crude near $ 91.63 per barrel.
Earlier on May 21, the government had cut excise duty. Excise duty on petrol was cut by Rs 8 per liter and diesel by Rs 6 per liter. Since then the price of petrol and diesel has come down. After this, diesel became cheaper by Rs 9.50 and Rs 7 per liter in the country. After the announcement of the Center, the governments of Rajasthan, Maharashtra, Odisha and Kerala also cut VAT.
At present, petrol in Delhi is priced at Rs 96.72 per liter and diesel is being sold at Rs 89.62 per litre. At the same time, petrol is getting Rs 106.31 and diesel Rs 94.27 per liter in Mumbai. Whereas petrol in Kolkata is Rs 106.03 and diesel Rs 92.76 per liter. On the other hand, petrol is selling at Rs 102.63 and diesel at Rs 94.24 per liter in Chennai.
Get cheapest petrol and diesel here
The cheapest petrol and diesel is being sold in Port Blair. Where petrol costs Rs 84.10 per liter and diesel costs Rs 79.74 per liter.
Today’s price (Petrol Diesel Price on November 16, 2022)
Delhi: Petrol Rs 96.72 and Diesel Rs 89.62 per liter.
Mumbai: Petrol Rs 106.31 and Diesel Rs 94.27 per liter.
Kolkata: Petrol Rs 106.03 and Diesel Rs 92.76 per liter.
Chennai: Petrol Rs 102.63 and Diesel Rs 94.24 per liter.
Hyderabad: Petrol Rs 109.66 and Diesel Rs 97.82 per liter.
Bangalore: Petrol Rs 101.94 and diesel Rs 87.89 per litre.
Thiruvananthapuram: Petrol Rs 107.71 and Diesel Rs 96.52 per liter.
Port Blair: Petrol Rs 84.10 and Diesel Rs 79.74 per liter.
Bhubaneswar: Petrol Rs 103.19 and Diesel Rs 94.76 per liter.
Chandigarh: Petrol Rs 96.20 and Diesel Rs 84.26 per liter.
Lucknow: Petrol Rs 96.57 and Diesel Rs 89.76 per liter.
Noida: Petrol Rs 96.57 and Diesel Rs 89.96 per liter.
Jaipur: Petrol Rs 108.48 and Diesel Rs 93.72 per liter.
Patna: Petrol Rs 107.24 and Diesel Rs 94.04 per liter
Gurugram: Rs 97.18 and diesel Rs 90.05 per litre.
Reasons which affect Petrol and diesel price
After adding excise duty, dealer commission and other things to the price of petrol and diesel, its price almost doubles. Petrol and diesel prices change daily based on what are the crude prices in the international market along with the foreign exchange rates.
Know price of petrol and diesel in your city
Let us tell you that the prices of petrol and diesel change daily and get updated at 6 am. You can also know the daily rate of petrol and diesel through SMS. Indian Oil customers can get information by sending city code along with RSP to 9224992249 number and BPCL customers by writing RSP to number 9223112222. At the same time, HPCL consumers can find out the price by sending HP Price to the number 9222201122.