Digital Desk, New Delhi. Petrol-diesel has become more expensive on the second day of December. Indian oil marketing companies (IOC, HPCL & BPCL) have increased petrol prices by 18 paise today (Wednesday, 02 December). While the price of diesel has increased by 25 paise per liter. Let us tell you that this is the 10th time in 11 days when fuel prices have increased.
Earlier on Sunday, November 29, the price of petrol was increased from 19 to 21 paise per liter. Diesel rates were increased from 28 to 31 paise per liter. Experts believe that in the coming days, the price of fuel can be increased even more, which can increase the problems of the common man. At the moment, know what is the price in metros today …
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price of petrol
According to the website of Indian Oil, today the price of petrol in the country’s capital Delhi is 82.49 rupees per liter. Petrol is getting Rs 89.16 per liter in the financial capital Mumbai. Talk about Kolkata, you will have to pay 84.02 rupees for a liter of petrol here. While in Chennai, petrol will be available for Rs 85.44 per liter.
The price of diesel in Delhi has been increased to Rs 72.65 per liter. Diesel is being sold in Mumbai at Rs 79.22 per liter. In Kolkata you will get one liter diesel available for Rs 76.22. Whereas in Chennai you have to pay Rs 78.06 for one liter of diesel.
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This is how the price is fixed
Petrol and diesel prices change every day depending on what the crude prices are in the international market along with foreign exchange rates. Based on these standards, oil marketing companies (OMCs) decide the petrol rate and diesel rate daily. Indian Oil, Bharat Petroleum and Hindustan Petroleum revise petrol and diesel rates at 6 am every day. After adding excise duty, dealer’s commission and other things to the prices of petrol and diesel, the price of oil rises up to double.
Apart from this, for different prices in the states, each state imposes different local sales tax or Value Added Tax (VAT) on petrol and diesel. Due to this, the rates of diesel and petrol for consumers change according to the states.