After two days of peace, petrol and diesel prices rose again on Tuesday. Petrol climbed 25 paise per liter to Rs 90.83 on Tuesday. Diesel also jumped 35 paise to Rs 81.32 per liter. Before two days of peace, there was a huge increase in the price of petrol and diesel for 12 consecutive days. Petrol in Mumbai has reached Rs 97.34. The price of diesel has reached Rs 88.44 per liter. Petrol in Kolkata has reached 91.12 and diesel Rs 84.20 per liter. Petrol and diesel prices in Chennai are 92.90 and 86.31 per liter respectively. Talking about Noida, petrol is Rs 89.19 and diesel is Rs 81.76 per liter. Petrol in Patna is Rs 93.25 and diesel is Rs 86.57 per liter. Petrol in Lucknow costs Rs 89.13 and diesel is Rs 81.70 per liter.
You can get information about the change in the price of petrol and diesel every morning. Petrol and diesel prices change every day at six in the morning. After adding dealer commission, excise duty and other things to the price of petrol and diesel, its price almost doubles. Brent crude crossed $ 65 a barrel on Monday. According to the website of IndianOil, you have to type your city code with RSP and send SMS to the number 9224992249. Know that the code of each city is different. You can see this from the website of IOCL.
It is important to note that the country imports 89 percent of its requirement of crude oil. Therefore, a slight rise in the international market comes as a big jump in oil prices in India. In the case of gas, this figure is around 53 percent. There are two main reasons behind the rise in oil prices. Increase in international crude oil price and higher tax rates of Center and States. On February 18, the international benchmark for Brent crude was $ 65.09 per barrel (about 159 liters). This price was historically the lowest in April 2020 at $ 19 per barrel.
Every state has different rates of tax on petrol and diesel. In Delhi, they account for about 60 percent of the total price of petrol, including dealer commission, traffic fare, central excise duty and VAT.