Petrol Price Today: Solution Wednesday: Petrol and Diesel Released at New Price, Know the Price of Your City

Petrol Diesel Price Today 30 June 2021: Fire on petrol and diesel prices are cooling today. There are no changes in petrol and diesel prices today. On Tuesday, petroleum companies raised the price of petrol by 35 paise a liter, let us tell you that diesel is also 28 paise more expensive. As a result, petrol in Rajasthan’s Sri Ganganagar is now priced at Rs 110. But diesel in Madhya Pradesh is only 2 paise away from Rs 100. Petrol costs Rs 100 in Maharashtra, Rajasthan, Andhra Pradesh, Madhya Pradesh, Karnataka, Telangana, Odisha, Manipur, Jammu and Kashmir, Ladakh, Punjab, Bihar, Kerala, Tamil Nadu and West Bengal. On the other hand, if we talk about cities, Mumbai, Ratnagiri, Parbhani, u Rangabad, Jaisalmer, Ganganagar, Banswara, Indore, Bhopal, Gwalior, Guntur, Kakinada, Chikmagalur, Shivamogga, Hyderabad, Leh, Imphal, Kalamandat, Kalahand, Batting unbeaten in Thiruvananthapuram, Mohali and Darjeeling.

Petrol at the Indian Oil Pump in Delhi will cost Rs 98.81 per liter on Wednesday. And diesel at Rs 89.18 per liter. Petrol costs Rs 8.49 a liter and diesel Rs 8.39 a liter in the last 33 days.

Oil prices have increased 32 times since May 4

On Tuesday, petrol rates were hiked by 35 paise and diesel by 28 paise. This is the 32nd time in 57 days that fuel prices have increased since May 4. Petrol costs Rs 8.41 per liter, while diesel costs Rs 8.45 per liter.

Also Read: Inflation game: Mustard oil is selling somewhere around Rs 117 or Rs 200, edible oils have skyrocketed in a year, and now the onion is ready to cry

See what petrol and diesel are selling at today’s major cities …

Name of the city Petrol Rs / liter Diesel Rs
Sri Ganga Nagar 110.04 102.42
Anupura 109.65 100.32
Reva 109.29 99.98
Absolutely 107.18 97.43
Indore 107.14 98.02
Bhopal 107.07 97.93
Jaipur 105.54 98.29
Mumbai 104.9 96.72
Pune 104.48 94.83
Bangalore 102.11 94.54
Patna 100.81 94.52
Chennai 99.8 93.72
Delhi 98.81 89.18
Kolkata 98.64 92.03
Agra 95.67 89.28
Lucknow 95.57 89.59
Chandigarh .. 95.02 88.81
Ranchi 94.35 94.12

Source: IOC

Why are rising petrol and diesel prices not stopping

In 2020, due to the epidemic, revenues from central and state governments were affected, so even though global crude oil prices fell, the tax on petrol and diesel was increased. The central government increased its excise duty and the states did the same.

As of June 16, Delhi’s taxes are as follows

Central government tax on petrol 34.03%
State Government Tax on Petrol 23.08%,
Central Government Tax on Diesel 36.38%
The state government tax on diesel is 14.63%.

Companies are filling losses

Despite the oil price fluctuations in the international market since May 4, petrol and diesel prices in India are always on the upswing. On May 20, Brent crude fell $ 65.11. It was the lowest level of 46 days, but the next day petrol in India increased by 19 paise and diesel by 29 paise.

According to officials working in government oil marketing companies, retail prices of petrol and diesel are rising, as companies are offsetting their past revenue loss. Let us tell you that there was a stagnation in petrol and diesel prices from February 27 to 66. This is the period when the assembly elections are held in four states and one union territory. During the 66-day outage, state-retailers have slashed the price of politically sensitive petrol and diesel in four short steps – 77 paise and 74 paise respectively. However, crude oil rose again in the international market. On Tuesday, Brent crude per US barrel. 74.68 reached. At the same time, US West Texas Intermediate or WTI crude also ranged from 21 0.21 per barrel. Rose to 72.98.

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.

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 could 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.

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