Petrol-Diesel Price Today: Petrol has become costlier by Rs 3.70 and diesel by Rs 3.75 in the last 6 days.
Petrol-Diesel Price Today: Petrol and diesel prices have increased for the fifth time in the last six days today. Today, on Sunday, March 27, the price of petrol has been increased by 50 paise per liter, while the price of diesel has also been increased by 55 paise per liter. In this way, petrol has become costlier by Rs 3.70 and diesel by Rs 3.75 in the last 6 days. According to the latest update of Indian petroleum marketing company Indian Oil Corporation (IOCL), the price of petrol in the national capital Delhi has increased from Rs 98.61 per liter to Rs 99.11 per liter now. At the same time, the price of diesel has increased from Rs 89.87 per liter to Rs 90.42 per liter.
How much is the rate in major metros
city | Petrol (Rs/Litre) | Diesel (Rs/Litre) |
Delhi | 99.11 | 90.44 |
Mumbai | 113.88 | 98.13 |
Kolkata | 108.53 | 95 |
Chennai | 104.90 | 94.47 |
Petrol costlier by Rs 3.70 and diesel by Rs 3.75 in six days
Petrol and diesel prices have been increased across the country, but their prices vary from state to state based on local taxes. Overall, the price of petrol has increased by Rs 3.70 per liter and diesel by Rs 3.75 per liter in six days. Due to the assembly elections in five states including Uttar Pradesh and Punjab, the prices of petrol and diesel were not increased from November 4. Whereas during this time the price of crude oil increased by about $ 30 (Rs 2288.29) per barrel.
Petrol Diesel Price Hike: Can the price of petrol and diesel increase by Rs 22 to 25? Why are research agencies making such estimates?
Why didn’t the price increase immediately after the election?
It was being speculated that the hike in fuel prices would start soon after the counting of votes on March 10, although it was postponed by a few weeks. It is believed that this was done so that the opposition leaders, including Rahul Gandhi, did not get a chance to say that their post-poll fuel price hike prediction was correct. Other opposition parties, including the Congress, have targeted the government for increasing the prices. He says that due to this the burden of inflation is increasing on the common man.
Estimated to be costlier by Rs 20-22
Rating agency Moody’s Investors Services had disclosed in a report on Thursday that the country’s top three state-owned oil companies Indian Oil, Bharat Petroleum and Hindustan Petroleum combined to keep oil prices stable despite crude becoming expensive due to elections. There was a revenue loss of crores of dollars (Rs 19 thousand crores). According to Kotak Institutional Equities, oil companies need to make diesel by Rs 13.1-24.9 and petrol by Rs 10.6-22.3 per liter by $100-120 (Rs 7627.63-Rs 9153.15) per barrel. In CRISIL Research, the need to increase the price by Rs 15-20 per liter was told. India imports 85 percent of its oil requirements, due to which its rates are fixed here according to the global price.
Last Time Checklist: Before March 31, do some important work, check the list to see what is left so that there is no problem later
How to check rates in your city
If the rates of petrol and diesel change, they get updated by 6 am. You can also know the latest rate of petrol and diesel through SMS. Indian Oil customers can get information by sending the code of RSP Space Petrol Pump to the number 9224992249 and BPCL customers by writing RSP to the number 9223112222. At the same time, customers of HPCL can know the rate by writing HPPrice and sending it to the number 9222201122.
(Input-PTI)
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