Digital Desk, New Delhi. Rising prices of petrol-diesel are increasing the burden on the common man’s pocket. Indian oil marketing companies (IOC, HPCL & BPCL) have raised fuel prices again today (Saturday, 05 December). Where the price of petrol has increased from 24 paise to 27 paise per liter. At the same time, the price of diesel has increased by 24 to 27 paise.
Let us tell you that after the prices have been stable for the whole 50 days, the prices of petrol and diesel started increasing in November. Petrol rose by Rs 1.25 per liter and diesel by Rs 2 per liter in November. In December, petrol and diesel increased by 0.80 and 0.90 rupees per liter. If seen, petrol has increased by Rs 2.05 and diesel by Rs 2.90 in 35 days since November. Right now you know today’s prices …
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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 83.13 rupees per liter. Petrol is getting Rs 89.78 per liter in the financial capital Mumbai. Talk about Kolkata, for a liter of petrol here, you have to pay 84.63 rupees. While in Chennai, petrol will be available for Rs 86.00 per liter.
The price of diesel in Delhi has been increased to Rs 73.32 per liter. Diesel is being sold in Mumbai at Rs 79.93 per liter. In Kolkata, one liter diesel will be available for Rs 76.89. Whereas for one liter diesel in Chennai you have to pay 78.69 rupees.
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This is how the price is fixed
Petrol and diesel prices change daily, 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 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.