Government oil companies have changed the retail prices of petrol and diesel across the country today, on Monday morning. The effect of this change can be seen in many cities from Uttar Pradesh to Bihar. The effect of the fall in crude oil prices in the global market has also been seen on retail prices today. However, government oil companies have not made any changes in the four big metros like Delhi and Mumbai. Let us know what the new rates of petrol and diesel are in your city, and why prices change every day.
Petrol and diesel became cheaper in these cities today
According to the new rates of government oil companies, people have received relief in many cities today:
Uttar Pradesh
In Gautam Buddha Nagar (Noida), petrol is being sold 12 paise cheaper at ₹ 94.62 per liter, while diesel has also become cheaper by 11 paise to ₹ 87.57 per liter. At the same time, petrol in Ghaziabad has become cheaper by 19 paise to ₹ 94.66 per liter, and diesel has also become cheaper by 17 paise to ₹ 87.44 per liter.
Bihar
In Bihar’s capital Patna, petrol is available 24 paise cheaper at ₹ 105.46 per liter, while diesel has become cheaper by 22 paise to ₹ 91.41 per liter.
Crude oil prices continue to fall
Crude oil prices have fallen further in the last 24 hours. The price of Brent crude has fallen to $ 66.14 per barrel, while the price of WTI crude has also fallen to $ 63.36 per barrel. These crude oil prices have a direct impact on the retail prices of petrol and diesel.
Petrol and diesel rates in four metros of the country
Delhi ₹94.72 and diesel ₹87.62
Mumbai ₹103.44 and diesel ₹89.97
Chennai ₹100.76 and diesel ₹92.35
Kolkata ₹104.95 and diesel ₹91.76
Why do prices change every morning
Petrol and diesel prices change every day at 6 am. This rule applies from 6 am onwards. Let us tell you that after adding excise duty, dealer commission, VAT (value added tax), and other things to the basic price of petrol and diesel, their price almost doubles. This is the reason why the prices of petrol and diesel appear so high. Government oil companies fix these prices every day on the basis of international crude oil prices and the foreign exchange rate.