Petrol Diesel Price May 17: On Monday petrol and diesel prices were not increased. Yesterday, diesel prices were raised by 29 paise and petrol by 24 paise. Petrol in several cities in Maharashtra, along with Rajasthan and Madhya Pradesh, has already cost Rs. According to a price notification issued by public sector oil marketing companies, petrol and diesel prices are still stable. In Delhi, petrol is now available at a price of Rs 92.58 per liter while diesel is priced at Rs 83.22 per liter.
| Name of the city | Petrol / liter | Diesel Rs |
| Mumbai | 98.88 | 90.40 |
| Chennai | 94.31 | 88.07 |
| Kolkata | 92.67 | 86.06 |
| Delhi | 92.58 | 83.22 |
(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 central nor state government can remove the tax at any cost. 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 can send RSP by writing 9224992249 and HPCL customers can send HPPRC to 9222201122. BPCL customers can write to 9223112222 and send RSP.
