Petrol Diesel Price Today 27 January 2021: Oil companies still raise petrol and diesel prices. Petrol prices in the national capital rose to Rs 86.30 per liter on Wednesday. Petrol and diesel prices have been rising since the beginning of the new year. Yesterday, oil companies increased the price of petrol and diesel by 35 paise per liter. Petrol and diesel prices have been hiked by 25 paise in Delhi. Petroleum Minister Dharmendra Pradhan said oil prices had risen last week for Saudi Arabia’s production cuts, but gave no assurance about the tax cut. Public sector oil marketing companies have hiked petrol prices by Rs 2.90 per liter and diesel by Rs 2.60 per liter from January 6.
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| Name of the city | Petrol (Rs / liter) | Diesel (Rs / liter) |
| Delhi | 86.30 | 76.48 |
| Mumbai | 92.86 | 83.30 |
| Kolkata | 87.69 | 80.08 |
| Chennai | 88.82 | 81.71 |
Source: IOC
Vehicle fuel prices are at an all-time high
Auto fuel prices have been raised for the second consecutive day. The fuel price hike this week has been hiked by Rs 4 per liter. Due to local sales tax or value added tax (VAT), vehicle fuel prices vary in different states. Currently, automotive fuel prices in the country are at an all-time high. Earlier this week, Petroleum Minister Dharmendra Pradhan said that Saudi Arabia’s cut of crude oil production has led to an increase in automotive fuel prices. But, he said nothing about cutting taxes on automotive fuel.
Indian Oil Corporation (IOC), Bharat Petroleum Corporation (BPCL) and Hindustan Petroleum Corporation (HPCL) have resumed daily revision in vehicle prices from January 6. There was no change in vehicle fuel prices for about a month before that. Since then, petrol has been priced at Rs 1.99 per liter and diesel at Rs 2.01 per liter.
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 cost. Because the bulk of the revenue comes from here. This money leads to growth.
Prices are set every morning
In fact, petrol and diesel prices fluctuate daily depending on the foreign exchange rates and the crude prices 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 You can send the number to 9224992249 and the HPCL customer is HPPRC Can be sent to 9222201122. BPCL customers RSP You can send the number to 9223112222.
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