Petrol Diesel Price Today 14 July 2021: Despite the hike in crude oil prices, there is a solution in petrol and diesel today. For the second consecutive day, there was a break in petrol and diesel prices. State-owned petroleum companies announced no changes in the new rate released Wednesday. On Monday, diesel prices were reduced by 18 paise per liter for the first time in three months while petrol prices were increased by 28 paise per liter.
Even today, in Rajasthan’s Sriranganagar, petrol costs Rs 112.53 and diesel costs Rs 102.98 per liter. In almost all metro cities in the country, petrol stands by earning a century. At the same time, diesel is selling well beyond 100 in some cities. Continued petrol-diesel price hike since May 4 has affected various cities of the country, especially states and central regions of Maharashtra, Rajasthan, Andhra Pradesh, Madhya Pradesh, Karnataka, Telangana, Odisha, Kashmir, Ladakh, Punjab, Bihar. , Kerala. Petrol in Tamil Nadu and West Bengal, Manipur, Jammu and Uttar Pradesh
Brent crude in US market on Tuesday. 76.49. This is an increase of 8 1.08 compared to the previous day. At the same time, US West Texas Intermediate or WTI crude also rose to 92 0.92 barrels. And reached 75.25.
Look at where petrol and diesel are getting more expensive and cheaper
|Name of the city||Petrol Rs / liter||Diesel Rs|
|Sri Ganga Nagar||112.53||102.98|
Let us tell you that the price of petrol has risen 7 days so far in July, then diesel prices have quadrupled. In June 2021, the price of petrol and diesel was increased to 16 days. Petrol and diesel prices were also hiked for 16 days in May. This increase in retail fuel prices began from 4 May 2021. There has been no change in the price of petrol and diesel for 18 consecutive days between the elections of the 5 states.
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 refine petrol and diesel rates every day at 6am.
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 (HPCL) customers to HPPRC to 9222201122. BPCL customers can send RSP to 9223112222.