Petrol Diesel Price Today 19 July 2021: Petroleum companies have released petrol and diesel at a new rate. No change in oil prices for the second consecutive day. Petrol costs Rs 101.84 per liter at Indian Oil Pumps in Delhi and diesel at Rs 89.87 per liter. Petrol costs Rs 96.68 in Ranchi And Rs 113.21 in Sriranganagar, Rajasthan. See what petrol and diesel are selling at today’s major cities …
|Name of the city||Petrol Rs / liter||Diesel Rs|
|Sri Ganga Nagar||113.21||103.15|
Agreement to increase crude oil production
On Sunday, a full agreement was signed between OPEC and its allies, under which five non-OPEC countries would increase crude oil production. Oil prices have been affected by the dispute between these countries in the past. The oil production limit for Iraq, Kuwait, Russia, Saudi Arabia and the UAE will be increased in a statement issued after an online meeting of the Organization of Oil and Exporting Countries (OPEC) and its partner producer countries. Russia is an ally of the OPAC. Let us tell you that after the speed of vaccination in the world’s major economies, demand has improved. Benchmark Brent crude was trading at $ 73 per barrel on Friday. At the same time, US West Texas Intermediate or WTI crude also traded at a low of 75 0.75 per barrel at .071.06.
Petrol and diesel rates will thus be increased
Once excise duty, dealer commission and other items are added to the price of petrol and diesel, its price will double. Whether it is the Center or the State Government, neither tax can be eliminated at any cost, since the bulk of the revenue comes from here. This money will lead to development.
Prices are set every morning
In fact, petrol and diesel prices fluctuate on a daily basis based on crude prices in the international market along with foreign exchange rates. Oil market companies set petrol and diesel prices every day after checking prices. Indian Oil, Bharat Petroleum and Hindustan Petroleum revise petrol and diesel rates at 6am every morning.
Find petrol and diesel rates in your city
You can also check the price of petrol and diesel by SMS every day in your city. Indian Oil (IOC) customers can send RSP to 9224992249 and HPCL customers to HPPRIC to 9222201122. BPCL customers can send RSP to 9223112222.