Petrol Diesel Price not increased for the tenth consecutive day, check the price of your city: There is still relief news about the rising prices of petrol and diesel. On Tuesday, March 9, neither there was an increase in the rate of petrol nor diesel. There has been no change in the prices of both oils for the last 10 days. Despite this, the rate of petrol in Delhi and Mumbai is at its highest level. Petrol has crossed 100 in Bikaner after Sriganganagar in the state. Here petrol is being sold at Rs 100.01 per liter and diesel at Rs 92.09 per liter. Earlier, the diesel rate was sold at a maximum of Rs 81.94 on July 30, 2020. The price of petrol in Delhi has reached Rs 91.17, while the price of diesel has reached Rs 81.47. At the same time, the price of petrol in Mumbai reached Rs 97.57 and the price of diesel reached Rs 88.60 per liter.
This is how the rate of petrol and diesel increases
After adding excise duty, dealer commission and other things to the price of petrol and diesel, its price almost doubles. If the excise duty of the Central Government and the VAT of the State Governments are removed, then the rate of diesel and petrol would be around 27 rupees a liter, but both the Central or the State Government, can not remove the tax at any cost. Because a large part of the revenue comes from here. This money leads to growth.
Prices are fixed every morning
In fact, along with foreign exchange rates, the prices of petrol and diesel change daily depending on the price of crude in the international market. Oil marketing companies fix petrol and diesel rates daily after reviewing prices. Indian Oil, Bharat Petroleum, and Hindustan Petroleum revise petrol and diesel rates at 6 am daily.
Know the rates of petrol and diesel in your city through SMS
You can also check the price of petrol and diesel in your city daily via SMS. Indian Oil (IOC) consumers can send RSP <Dealer Code> at number 9224992249 and HPCL’s consumer HP PRICE <Dealer Code> can be sent to number 9222201122. BPCL consumers can send RSP <Dealer Code> to the number 9223112222.