Petrol Diesel Price Today 5 May 2021: Petrol and diesel prices are rising for the second consecutive day following the election results of the five states. Petrol prices were up by 19 paise and diesel by 21 paise. In Delhi, petrol is trading at Rs 90.74 and diesel at 81.12 on Wednesday.
|Name of the city||Petrol / liter||
(Source – IOC)
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. If the central government excludes excise duty and state governments’ VAT, diesel and petrol rates may be around Rs 27 per liter, but neither the central nor the state government can remove the tax at any time. Because the bulk of the revenue comes from here. This money leads to growth.
Prices are set every morning
In fact, in addition to foreign exchange rates, petrol and diesel prices fluctuate daily depending on the crude price in the international market. 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 RSP <ಡೀಲರ್ ಕೋಡ್> You can send the number to 9224992249 and HPCL’s customer HPPRC <ಡೀಲರ್ ಕೋಡ್> Can be sent to 9222201122. BPCL customers RSP <ಡೀಲರ್ ಕೋಡ್> You can send the number to 9223112222.