Petrol diesel price today 8 July 2021: Petrol and diesel prices have been increased again today. Petroleum companies have again raised the price of petrol by 35 paise per liter and on diesel by 9 paise per liter. After this change, petrol at the Indian Oil Pump in Delhi on Thursday cost Rs 100.56 per liter. Diesel is also being sold at 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|
|Sri Ganga Nagar||111.87||102.87|
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 production decreases and demand increases, so does the price. 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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