- There is no change in the price of petrol and diesel for the fifth consecutive day today.
- There was a tremendous increase of 30 paise per liter in the price of petrol five days ago
- The price of diesel was increased by 15 paise per liter on the same day
- The price of crude oil in the international market at this time again rising trend
The crude oil market caught fire again yesterday. Brent crude rose nearly three per cent during the trade. Actually, the Crude Oil Inventory Data of the American Petroleum Institute came yesterday. During the week ended July 16, there was a draw of 4.079 barrels of crude oil. Therefore, the purchase is going on to fill the stock there. Due to this, the crude oil market climbed 2.88 percent on Wednesday afternoon. A day before this too, the crude oil market had gained 1.51 per cent. However, these days there is no change in the price of petrol and diesel in the domestic market. The prices of both the fuels are stable for the last five days. Prior to that, the price of both petrol and diesel had gone up. Petrol remained at Rs 101.84 per liter and diesel at Rs 89.87 per liter at the Indian Oil (IOC) pump in Delhi Market on Thursday.
Petrol has become costlier by Rs 11.52 in 42 days
It has been seen that when there is an important election, the prices of petrol and diesel do not increase. Due to the process of assembly elections in many states, there was no increase in the prices of petrol in March and April. Therefore, there was no increase in the price of petrol and diesel even after crude oil became expensive during that time. But, since May 4, its prices have increased a lot. Petrol has become costlier by Rs 11.52 per liter in 42 days, sometimes continuously or by stopping.
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Diesel became cheaper one day after about three months
The Election Commission had issued a notification on February 26 for the assembly elections in five states. After this, state-owned oil companies increased the price of diesel by 17 paise per liter on 27 February 2021. Then there was no increase in its price for more than two months. However, on April 15, there was a marginal reduction of 14 paise in the price of diesel. After the election, it started increasing intermittently from May 4 onwards. It is generally seen that the day the price of petrol increases, the price of diesel also increases on the same day. But on Friday, July 2, 2021, only petrol prices were increased. Diesel prices did not increase. On Monday, July 5, only petrol prices increased while diesel remained stable. On Monday, July 12, despite the increase in the price of petrol, the price of diesel decreased. After that on July 15, its price increased, then on July 17, only the price of petrol increased.
Let’s know what is the price of petrol and diesel in your city today
|name of the city||Petrol Rs/Litre||Diesel Rs/Litre|
(Source- IOC SMS)
Crude oil market rises for the second consecutive day
The crude oil market caught fire again yesterday. Brent crude rose nearly three per cent during the trade. Actually, the Crude Oil Inventory Data of the American Petroleum Institute came yesterday. During the week ended July 16, there was a draw of 4.079 barrels of crude oil. Therefore, the purchase is going on to fill the stock there. Due to this, the crude oil market climbed 2.88 percent on Wednesday afternoon. A day before this too, the crude oil market had gained 1.51 per cent. At the close of trading there yesterday, Brent Crude closed at $ 72.19 per barrel. This is 2.88 percent more than the day before. Similarly, US West Texas Intermediate or WTI Crude also climbed $ 2.84 to settle at $ 70.26 per barrel.
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Know today’s prices in your city
Petrol-Diesel prices change daily and get updated at 6 am. You can also know the daily rate of petrol and diesel through SMS (How to check diesel petrol price daily). Indian Oil customers can get information by writing the code of RSP Space Petrol Pump on number 9224992249 and BPCL customers by writing RSP to number 9223112222. At the same time, HPCL customers can know the price by writing HPPrice and sending it to the number 9222201122.
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