Petrol Diesel Price Today 18 July 2021: On Saturday, domestic petrol prices were hiked by 30 paise per liter, bringing the price to a new level in most parts of the country, including the capital Delhi. On Thursday, petrol reached a new record high with an increase of 35 paise per liter and diesel by 15 paise per liter.
After Saturday’s hike in Delhi, the price of petrol was Rs 101.84. And in Mumbai it costs Rs 107.83 per liter. According to Indian Oil Corporation, there was no change in petrol and diesel prices on Sunday.
IDBI Bank has made major changes in FD interest rates, check new interest rates
See what petrol and diesel are selling at today’s major cities …
|Name of the city||Petrol Rs / liter||Diesel Rs|
|Sri Ganga Nagar||113.21||103.15|
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 excise tariffs and the state governments’ VAT is removed, the diesel and petrol rates would be around Rs 27 per liter, but whether it is the central or state government, both taxes 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.