The rates of petrol and diesel in Delhi saw marginal changes on November 12. (Photo Credit: Representational Image)
The rates of petrol and diesel in Delhi saw marginal changes on November 12. The oil Market Companies (OMC) raised the price of petrol today by 20 paise per litre across the four metros. However, the price of diesel was brought down. According to the fuel price data available, petrol prices in Delhi, Mumbai, Kolkata and Chennai were Rs 73.20, Rs 78.87, Rs 75.91 and Rs 76.08 per litre respectively. Diesel prices in Delhi, Mumbai, Kolkata and Chennai remained at Rs 65.85, Rs 69.07, Rs 68.26 and Rs 69.60 per litre respectively. In Noida, petrol is retailing at Rs 74.88 a litre, while diesel price is Rs 66.16 a litre. The price of petrol in Gurugram is Rs 73.08 a litre while diesel was selling at Rs 65.19 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)