New Delhi: There is news of relief for the common man in the face of inflation. State-owned oil companies today announced new prices for petrol and diesel for August 20. For the second day in a row on Friday (August 20th), state-owned oil companies cut diesel prices. Oil companies today reduced the price of diesel by 20 paise per liter, while the price of petrol is still stable.
Last month, diesel prices fell for the third day in a row after July 17, where petrol prices remained stable, while diesel prices fell by 18 paise to 20 paise. One such opportunity came four months later, when state-owned oil companies were slashing diesel prices. But, the last few days where petrol prices have been stable.
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Today, petrol is being sold at Rs 101.84 per liter and diesel at Rs 89.27 per liter in Delhi. At the same time, petrol in Mumbai costs Rs 107.83 and diesel Rs 96.84 per liter. In Kolkata, petrol costs Rs 102.08 and diesel Rs 92.32 per liter. In Chennai, petrol is priced at Rs 102.49 per liter and diesel at Rs 93.84 per liter.
Today’s price of petrol and diesel in major cities of the country
Decline in crude oil prices in the international market
Let us tell you that the price of crude oil in the international market is constantly declining. On August 19, the market fell so much that its price reached a four-month low. However, only three diesel prices have already been reduced in the Indian market. Petrol has been left as before. Let us tell you that on August 18, 19 and 20, the price of diesel was reduced by 20 paise per day.
Let us tell you that petrol prices did not go up in March and April due to Assembly elections in many states in the first quarter of this year. Petrol price has gone up by Rs 11.52 per liter in 42 days, sometimes continuously or stopping. However, since Hardeep Singh Puri became the Petroleum Minister, its prices have remained stable since July 18.
The price of petrol in this state has crossed Rs
Petrol prices have crossed Rs 100 in Madhya Pradesh, Rajasthan, Madhya Pradesh, Maharashtra, Andhra Pradesh, Telangana, Karnataka, Orissa, Jammu and Kashmir and Ladakh. Apart from this, petrol in Mumbai, Hyderabad and Bangalore has already crossed Rs 100 per liter.
Petrol-diesel becomes so expensive
The price of petrol and diesel has almost doubled after adding excise duty, dealer commission and other things. If the excise duty of the central government and the VAT of the state government were removed, the rate of diesel and petrol would be around Rs 27 per liter, but neither the central nor the state government can remove the tax at any cost. Because a large part of the revenue comes from here. This money leads to development.
Find out the prices of petrol and diesel in your city
Let us tell you that the price of petrol and diesel changes every day and is updated at morning. You can also know the daily rate of petrol and diesel through SMS. Indian Oil customers can get information including RSP by entering the city code on 9224992249 and RSP on 9223112222. At the same time, HPCL consumers can know the price by sending the HP price to 9222201122.
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