Petrol Diesel Rate Today : In Delhi, one liter of petrol is priced at Rs 96.72, diesel is priced at Rs 89.62 per litre. Petrol is being sold at Rs 106.31 per liter in Mumbai, while diesel is being sold at Rs 94.27 per litre.
Image Credit source: Representative Photo
Petrol Price Today : On Saturday, January 28, 2023, there has been no change in the prices of petrol and diesel in most of the cities across the country. The price of petrol and diesel has remained stable for 8 months in the four major metros of the country. In Delhi, one liter of petrol is priced at Rs 96.72, diesel costs Rs 89.62 per litre. Petrol is being sold at Rs 106.31 per liter in Mumbai, while diesel is being sold at Rs 94.27 per litre. The last nationwide change in fuel prices was on May 21 last year, when the central government cut excise duty on petrol by Rs 8 per liter and on diesel by Rs 6 per litre. After that many states have changed the rates of VAT.
Diesel VAT was increased in Himachal
On January 8, the Himachal Pradesh government increased VAT on diesel by Rs 3 per litre. In fact, the fuel price varies from state to state depending on various parameters like VAT, freight charges, local taxes etc. Public sector OMCs including Bharat Petroleum Corporation Limited (BPCL), Indian Oil Corporation Limited (IOCL) and Hindustan Petroleum Corporation Limited (HPCL) revise prices daily in line with international benchmark prices and foreign exchange rates. Any change in the prices of petrol and diesel comes into effect from 6 am every day.
today’s big news
Petrol and diesel prices in major cities of the country
- Delhi: Petrol price: Rs 96.72 per litre, Diesel price: Rs 89.62 per liter
- Mumbai: Petrol price: Rs 106.31 per litre, Diesel price: 94.27 per liter
- Chennai: Petrol price: Rs 102.63 per litre, Diesel price: Rs 94.24 per liter
- Kolkata: Petrol price: Rs 106.03 per litre, Diesel price: Rs 92.76 per liter
- Bengaluru: Petrol: Rs 101.94 per litre, Diesel: Rs 87.89 per liter
- Lucknow: Petrol: Rs 96.57 per litre, Diesel: Rs 89.76 per liter
- Noida: Petrol: Rs 96.79 per litre, Diesel: Rs 89.96 per liter
- Gurugram: Petrol: Rs 97.18 per litre, Diesel: Rs 90.05 per liter
- Chandigarh: Petrol: Rs 96.20 per litre, Diesel: Rs 84.26 per liter
Source: IOCL
The prices of petrol and diesel depend on the price of crude oil.
Note that Indian Oil Corporation (IOC), Bharat Petroleum Corporation Limited (BPCL) and Hindustan Petroleum Corporation Limited (HPCL) have not changed the prices of petrol and diesel from 6 April 2022. The price of crude oil that day was $102.97 per barrel in that month, which has increased to $116.01 per barrel in June and $86 per barrel in the current month. Oil Minister Hardeep Singh Puri recently asked OMCs to cut retail prices of petrol and diesel.
crude oil price
On Saturday, there is a decline in the price of crude oil in the international market. According to Bloomberg, the price of Brent crude oil is trading at $ 86.66 per barrel with a decline of 0.93 percent. At the same time, the price of American crude oil is trading at $ 79.68 per barrel with a decline of 1.64 percent. According to the experts, there will be an increase in the price of crude oil in the coming days. The reason for this can go to the demand of China. At the same time, Expert Cow also says that the price of Brent crude oil in the market will remain around $ 90 per barrel.
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