Petrol Price 27 August 2021 Update: Crude oil has once again crossed $ 71 per barrel. However, for the past few days, there has been a slight reduction in the prices of petrol and diesel in the country. Petrol has become cheaper by only 35 paise so far in the month of August.
Petrol Price 27 August 2021 Update: There has been no change in the prices of petrol and diesel for three consecutive days. Petrol and diesel prices have been stable for three days after the 15 paise cut on August 24. There was no change in petrol prices for 35 days from July 17 till August 21. On August 22, the prices were reduced by 20 paise.
Petrol-diesel prices in India are deregulated, that is, the government does not regulate them, but the prices depend on the price of crude oil in the global market, when Brent crude in the global market slipped to a 4-month low, crude oil 66 Even when the dollar had gone up to a barrel, there was no significant cut in the prices of petrol and diesel. Now Brent crude has once again crossed $ 71. In such a situation, there is little hope of relief in prices now.
Petrol became cheaper by 35 paise in August
Petrol prices have come down by only 35 paise in the month of August, while diesel has become cheaper by 95 paise. Even today, the rate of petrol in Delhi is Rs 101.49 per liter. While diesel is being sold at Rs 88.92 per liter. Similarly, petrol in Mumbai is still Rs 107.52 per liter and the price of diesel is Rs 96.48 per liter. Petrol in Kolkata is being sold at Rs 101.82, while diesel is priced at Rs 91.98 per litre. The rate of petrol in Chennai is Rs 99.20 and diesel is at Rs 93.52 per liter.
City Petrol Diesel
New Delhi 101.49 88.92
Mumbai 107.52 96.48
Kolkata 101.82 91.98
Chennai 99.20 93.52
Petrol costlier by Rs 19.66 in 1 year
In the international market, crude oil is trading above $ 71 per barrel. Petrol and diesel prices have increased drastically this year. Talking about this year only, petrol prices have increased by 38% so far. In March and April, when the assembly elections of 5 states were to be held, the prices remained stagnant. Rather, there was a cut thrice in March and once in April. Petrol prices have increased by Rs 19.66 in a year. On August 25, 2020, the rate of petrol in Delhi was Rs 81.83.
Petrol became costlier by Rs 3.30 in July
Let us tell you that in July, the price of petrol was increased by Rs 3.03 while diesel became costlier by 69 paise. Let us tell you that the price of petrol has crossed Rs 100 in about 20 states and union territories. In which apart from four metro cities, Tamil Nadu, West Bengal, Rajasthan, Madhya Pradesh, Telangana, Andhra Pradesh, Karnataka, Odisha, Jammu and Kashmir are included.
Petrol costlier by Rs 4.32 in June
Petrol and diesel prices were increased 16 times in June. In June, petrol became costlier by Rs 4.32. On June 1, the rate of petrol in Delhi was Rs 94.49 per liter, on June 30 the rate was Rs 98.81. While diesel has become costlier by Rs 3.80. On June 1, the rate of diesel in Delhi was Rs 85.38, on June 30 the rate was Rs 89.18.
Petrol became costlier by Rs 4.09 in May
Prior to this, the prices of petrol and diesel were increased 16 times in the month of May. Petrol-diesel prices were increased for 4 consecutive days from May 4, while due to elections, there was peace in the prices of petrol and diesel for the first 18 days. In the entire month of May, the rate of petrol in Delhi has become costlier by Rs 4.09. While diesel has become costlier by Rs 4.68 this month.
Central and state governments charge heavy taxes
Central excise and state taxes account for 60 percent of the price of petrol, while it is 54 percent in diesel. Central excise duty on petrol is Rs 32.90 per liter, while that on diesel is Rs 31.80 per litre. Petrol and diesel prices usually change daily, based on benchmark international crude prices and foreign exchange rates.
See for yourself the price of petrol and diesel in your city
You can also know the price of petrol and diesel through SMS. Indian Oil IOC gives you the facility to send RSP and your city code to the number 9224992249 in your mobile. The rate of petrol and diesel in your city will come immediately on your mobile. Each city has a different code, which the IOC gives you on its website.
