Fuel Prices Today (November 21): The petrol rates are Rs 74.20 per litre in Delhi and Rs 79.86 per litre in Mumbai (Photo Credit: File Photo)
Petrol Rate, Diesel Rate Today (November 21): Fuel prices remained unchanged on Thursday, November 20 for the second consecutive day. Oil Market Companies (OMC) had raised the price of petrol by 15 paise in Delhi, Mumbai and Kolkata while petrol got costlier by 16 paise per litre in Chennai on Tuesday while Diesel prices were raised by 5 paise. As per the Indian Oil website, on Thursday, the petrol rates are Rs 74.20 per litre in Delhi, Rs 79.86 per litre in Mumbai, Rs 76.89 per litre in Kolkata, and Rs 77.13 per litre in Chennai, respectively. Diesel prices in Delhi, Kolkata, Mumbai and Chennai remained at Rs 65.84, Rs 68.25, Rs 69.06 and Rs 69.59 per litre respectively. In Noida, petrol is retailing at Rs 75.66 a litre, while diesel price is Rs 66.15 a litre. The price of petrol in Gurugram is Rs 73.87 a litre while diesel was selling at Rs 65.18 a litre.
Get Petrol, Diesel Rates Via SMS
You can check the latest rate of petrol and diesel via SMS. IOC customers can send RSP to 9224992249, BPCL users can message RSP at 9223112222 and HPCL customers can send HPPRICE to 9222201122 for the latest prices.
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)