Check out the latest rates of petrol and diesel from Delhi to Patna, petrol reaches 95 in this city

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Petrol Diesel Price Today 9th January 2021: There is still peace in the price of petrol and diesel. Petrol in Sriganganagar, Rajasthan is now close to a century. On Saturday, you have to spend 95 rupees 50 paise for a liter of petrol. At the same time, diesel is 87 rupees 46 paise a liter. State oil companies Indian Oil Corporation Limited, Bharat Petroleum Corporation Limited and Hindustan Petroleum Corporation Limited have not made any change in the price of petrol and diesel today. Petrol price in the national capital Delhi is Rs 84.20 per liter on Saturday, the highest level ever.

9 January rate

city Petrol Rs / liter Diesel Rs / L
Delhi 84.2 74.38
Mumbai 90.83 81.07
Kolkata 85.68 77.97
Chennai 86.96 79.72
Bangalore 87.04 78.87
Noida 84.06 74.82
Gurugram 82.39 74.97
Lucknow 83.98 74.74
Patna 86.75 79.51
Jaipur 91.63 83.64
Shri Ganga Nagar 95.5 87.46

Diesel in Mumbai at record high

According to the price notification of the oil marketing companies, on Thursday, the price of petrol was increased by 23 paise per liter and the price of diesel by 26 paise per liter. After this increase, the price of petrol in Delhi is now Rs 84.20 per liter and the price of diesel is Rs 74.38. Petrol in Mumbai is Rs 90.83 per liter and diesel is Rs 81.07 per liter. This is the highest ever price of petrol in Delhi, while diesel in Mumbai is at a record high.

Read also: Petrol can be cheaper by 5 rupees, otherwise your budget will spoil

Public sector oil companies Indian Oil Corporation Limited (IOC), Bharat Petroleum Corporation Limited (BPCL) and Hindustan Petroleum Corporation Limited (HPCL) resumed price review on a daily basis after about a month on Wednesday. On Wednesday, the price of petrol was increased by 26 paise per liter and diesel by 25 paise per liter.

This is how the rate of petrol and diesel increases

After adding excise duty, dealer commission and other things to the price of petrol and diesel, its price almost doubles. If the excise duty of the Central Government and the VAT of the State Governments are removed, then the rate of diesel and petrol would be around 27 rupees a liter, but both the Central or the State Government, both can not withdraw tax at any cost. Because a large part of the revenue comes from here. This money leads to growth.

Petrol was Rs 84 per liter on October 4, 2018

Earlier, the maximum price of petrol in Delhi was Rs 84 per liter on October 4, 2018. At that time diesel was at Rs 75.45 per liter. In such a situation, the government had cut excise duty on petrol and diesel by Rs 1.50 per liter to reduce inflation pressure and increase customer confidence. Along with this, the oil marketing companies also cut prices by one rupee per liter. However, a government official said on Wednesday that no tax deduction is currently under consideration.

This is the reason for the price rise

Anuj Gupta, deputy vice president (commodity and research), Angel Broking, told Hindustan that crude oil has crossed the $ 50 mark due to the introduction of corona vaccination worldwide and increasing demand. Crude oil could reach $ 58 a barrel by the end of this month or next month. Crude oil can reach $ 65 a barrel by the middle of this year if it crosses the $ 58 level. If crude oil crosses $ 58, then the price of petrol in the domestic market may increase by 6 to 8 rupees. There may also be a big jump in diesel.

Prices are fixed every morning

In fact, the prices of petrol and diesel change daily depending on the price of crude in the international market along with the foreign exchange rates. Oil marketing companies fix petrol and diesel rates daily after reviewing prices. Indian Oil, Bharat Petroleum and Hindustan Petroleum revise petrol and diesel rates at 6 am daily.

Know the rates of petrol and diesel in your city through SMS

You can also check the price of petrol and diesel in your city daily via SMS. Indian Oil (IOC) consumers can send RSP to number 9224992249 and HPCL consumers can send HPPRICE to number 9222201122. BPCL consumers can send RSP to the number 9223112222.