Petrol and diesel prices cool today, crude oil up again

Petrol Diesel Prices Today 9 July 2021: After breaking 5 percent this week, crude oil is back, yet the fire in petrol and diesel prices in the country today is quiet. Today, Friday, petroleum companies have not changed their petrol and diesel prices. Despite this, prices of both fuels are at record highs. The most expensive petrol and diesel in the country is located in Sri Ganganagar, Rajasthan.

Let’s say that the fuel price hike from May 4 has already affected various cities of the country, especially states and central regions like Maharashtra, Rajasthan, Andhra Pradesh, Madhya Pradesh, Karnataka, Telangana, Odisha, Kashmir, Ladakh and Punjab. Petrol costs Rs 100 per liter in Bihar, Kerala, Tamil Nadu and West Bengal, Manipur, Jammu and Union Territories. If we talk about cities, Mumbai, Ratnagiri, Parbhani, u Rangabad, Jaisalmer, Ganganagar, Banswara, Indore, Bhopal, Gwalior, Guntur, Kakinada, Chikmagalur, Shivamogga, Hyderabad, Leh, Imphal, Kalahandi, Salahandapuram, Dindigul Are invincible.

Petrol at the Indian Oil Pump in Delhi was Rs 100.56 per liter on Friday. Diesel is being sold here for Rs 89.62 per liter. See what petrol and diesel are selling at today’s major cities …

Name of the city Petrol Rs / liter Diesel Rs
Delhi 100.56 89.62
Mumbai 106.59 97.18
Chennai 101.37 94.15
Kolkata 100.62 92.65
Bhopal 108.88 98.4
Ranchi 95.7 94.58
Bangalore 103.93 94.99
Patna 102.79 95.14
Chandigarh .. 96.7 89.25
Lucknow 97.67 90.01
Sri Ganga Nagar 111.87 102.87
Anupura 111.46 100.78
Reva 111.1 100.45
Indore 108.95 98.49
Absolutely 107.66 96.75
Jaipur 107.37 98.74
Agra 97.37 89.7
Pune 106.16 95.28

Source: IOC

There is no hope of relief

The price of crude oil has recovered once again. Crude oil had broken more than 5 percent in the first three days of this week, but on Thursday, when the US Energy Information Administration data came out, prices rose again. According to statistics, the week ended June 2, 6.9 million barrels were drawn. A week ago, there was a draw of 6.7 million barrels of crude oil. This caused crude oil to rise again and hit $ 74. At the close of trading, Brent crude for the day was 12 74.12, up 69 0.69 over the previous day. Similarly, US West Texas Intermediate or WTI crude for 74 0.74 ary barrel. Reached 72.94. The people of India must be prepared to buy expensive oil. Petrol and diesel may be more expensive in the coming time. Even if the central and state governments cut taxes, more relief is not expected. The general public must turn to electric vehicles.

Many of the reasons behind the price hike

Oil demand has increased rapidly in Asian countries. On the other hand, the organization of oil producing countries, including OPEC, Russia and Saudi Arabia, has not agreed to increase crude oil production. That is, when output decreases and demand increases, then price increases. Experts say oil-producing countries are offsetting losses caused by corona. At the same time, the price of petrol and diesel in India is doubled after the excise duty, dealer commission and other items are added. Whether it is the central or state government, the tax cannot be eliminated at any cost. Because 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.

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