Petrol Diesel Price Today 31st Oct 2020: Petrol and diesel prices in the domestic market did not rise on Saturday for the 29th consecutive day. Diesel price was last cut on October 2, while the price of petrol has remained stable for the last 39 days. The price of petrol was last seen on September 22 from 7 to 8 paise per liter. In the international market, however, the prices of crude oil are not very high. In the US, weakness in crude oil remains due to increasing oil storage and concerns over demand. At the same time, increasing cases of corona virus are also worrying about demand. There is concern about demand in the US and Europe due to the second wave of corona virus. Petrol in Delhi remained stable at Rs 81.06 while diesel remained at Rs 70.46 per liter.
According to the website of Indian Oil, on 31 October 2020, the rates of diesel and petrol in major cities including Delhi, Mumbai, Kolkata, Chennai, Mumbai were as follows ..
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After adding excise duty, dealer commission and other things to the price of petrol and diesel, its price almost doubles. Prices of petrol and diesel change daily depending on the price of crude in the international market along with 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.
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You can also check the price of petrol and diesel in your city daily via SMS. Indian Oil (IOC) consumers can send RSP