New rates of petrol and diesel released.
There has been no change in the prices of Petrol Diesel even today. With this, the prices of petrol and diesel stabilized, today it has been 26 days.
There has been no change in the prices of petrol and diesel even today. With this, the prices of petrol and diesel stabilized, today it has been 26 days. Let us inform that the last change in oil prices across the country was on 22 May, when the central government announced a reduction in the excise duty levied on petrol and diesel on 21 May. There has been no change in the price of petrol and diesel since May 22. On the other hand, there is constant fluctuation in the prices of crude oil in the international market. The current prices of crude oil in the international market remain around $120 per barrel.
Oil being sold at old prices in all big cities including Delhi-Mumbai
Today in the national capital Delhi, the price of petrol is Rs 96.72 and the price of diesel is Rs 89.62 per liter. In Mumbai, the cost of a liter of petrol is Rs 111.35 and that of diesel is Rs 97.28. On the other hand, in Chennai, petrol is being sold at Rs 102.63 and diesel at Rs 94.24 per liter. At the same time, the price of petrol in Kolkata is Rs 106.03 and diesel at Rs 92.76 per liter. If you want to see the latest prices of petrol and diesel in your city, then you can check by clicking on this link.
What are the prices of petrol and diesel in big cities
city | Petrol price Rs per liter | Diesel price Rs per liter |
Delhi | 96.72 | 89.62 |
Mumbai | 111.35 | 97.28 |
Kolkata | 106.03 | 92.76 |
Chennai | 102.63 | 94.24 |
Bangalore | 101.94 | 87.89 |
Hyderabad | 109.66 | 97.82 |
Patna | 107.24 | 94.04 |
Bhopal | 108.65 | 93.90 |
Jaipur | 109.46 | 94.61 |
Lucknow | 96.57 | 89.76 |
Thiruvananthapuram | 107.87 | 96.67 |
If the price of crude oil is high, then why the price of petrol and diesel is stable?
Crude oil prices in the international market are close to $ 120 per barrel, while petrol and diesel prices in India have been stable for 26 days. Generally, the prices of petrol and diesel in any country depend on the prices of crude oil. Meaning, if the prices of crude oil increase in the international market, then the prices of petrol and diesel also increase.
25 million barrels of crude oil imported from Russia in May 2022
But, despite the rise in crude oil prices, the prices of petrol and diesel in India are stable. Actually, India is buying crude oil from its friend Russia at very cheap prices, due to which there is no significant effect on the prices of petrol and diesel in our country. Let us inform that India had bought 25 million barrels of crude oil from Russia in May 2022, which is about 16 percent of the country’s total imports.
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