Petrol and diesel prices have not shocked the public for a long time. After the fuel became cheaper a few days ago, the prices of petrol and diesel have stabilized once again. Today (Thursday) for the 11th consecutive day, the oil companies have not made any change in the prices of petrol and diesel. Oil companies last changed the prices on 5 September. Petrol and diesel became cheaper by 15 paise per liter on that day. But, after this the oil companies have not made any change in the prices.
According to the Indian Oil website, on Thursday, the price of petrol in Delhi is Rs 101.19 per liter, while in Mumbai it is Rs 107.26. The rate of petrol in Kolkata is Rs 101.62 per liter and in Chennai is Rs 98.96 per liter. Diesel in Delhi is being sold today at Rs 88.62 per liter. The rate of diesel in Mumbai is only 96.19 per liter, in Kolkata the price of diesel is Rs 91.71 per liter, in Chennai diesel is Rs 93.26 per liter.
|City||Petrol (Rs/Litre)||Diesel (Rs/Litre)|
Prices change daily at 6 am
Petrol and diesel prices change daily at 6 am. The new rates are applicable from 6 am onwards. Although many times the rate remains the same even on the next day. 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 on the basis of what are the crude prices in the international market along with the foreign exchange rates.
How do oil companies decide the price of petrol and diesel?
Domestic oil companies fix the prices of petrol and diesel on the basis of the average price of crude oil in the international market for the last 15 days. Apart from this, these oil companies also have to keep in mind the fluctuations in the rupee against the dollar.
How to check fuel rate in your city?
You can also know the price of petrol and diesel in your city through SMS. Under the facility provided by Indian Oil IOC, you get the price of petrol and diesel on SMS. You send RSP and your city code on your mobile number 9224992249. The rate of petrol and diesel in your city will come immediately on your mobile. The code for each city is different, which you will find on the IOC website. You can also install IOC’s mobile app if you want.
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