Petrol Rate, Diesel Rate Today (November 10): The rate of petrol in Delhi went past the Rs 73 mark after another big rise as petrol prices went up for the third straight day on Sunday, November 10. However, there was no change in the diesel price today. Oil Market Companies (OMC) raised the price of petrol today by 20 paise per litre across the four metros. This means petrol prices have gone up by 45 paise, while diesel has become costlier by 16 paise in the national capital Delhi in the last three days. According to the fuel price data available on the website of Indian Oil Corporation Ltd (IOCL), petrol prices in Delhi, Mumbai, Kolkata and Chennai were Rs 73.05, Rs 78.72, Rs 75.76 and Rs 75.76 per litre respectively. Diesel prices in Delhi, Mumbai, Kolkata and Chennai remained at Rs 65.91, Rs 69.13, Rs 68.32 and Rs 68.67 per litre respectively. In Noida, petrol is retailing at Rs 74.76 a litre, while diesel price is Rs 66.22 a litre. The price of petrol in Gurugram is Rs 72.96 a litre while diesel was selling at Rs 65.24 a litre.
Petrol, Diesel Prices Today
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CNG Prices In Delhi, Noida and Gurugram
The price of CNG is Rs 45.20 a kg in Delhi this month. The price of CNG is Rs 51.35 a kg in Noida while CNG is priced at Rs 58.50 per kg in Gurugram. To promote CNG fuelling at night, IGL will also offer a discount of Rs 1 per kg on selling prices of CNG for filling between 12 am to 6 am at select outlets.
Why Petrol, Diesel Prices Change Every Day?
The fuel prices are in India are revised daily. Petrol and diesel prices are revised every day at 06:00 am to sync it with the variation in global oil prices. Oil marketing companies (OMC) review the global fuel prices and decide petrol and diesel daily. Indian Oil, Bharat Petroleum and Hindustan Petroleum release the new rates at 6 am every morning. Generally, when international crude oil prices gain, prices in India move higher. Other factors also impact the price of fuel like rupee to US dollar exchange rate, cost of crude oil, global cues, demand for fuel, and so on.
Why Fuel Prices Differ In Every City?
Price of fuel includes excise duty, value-added tax (VAT), and dealer commission. As VAT varies from state to state, the price of fuel is different in every city.
(Disclaimer: This information is based on external sources and News Nation is not responsible for any difference in the rates)