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New Delhi: Today, petrol and diesel prices continue to rise in some cities. The price of oil has increased by about 30 rupees in some areas. Find out the rates of oil in the major cities of the state before going to the pump. Though petrol and diesel prices have remained stable in most cities, there is still volatility in some areas. Let’s take a look at the current petrol and diesel prices…
The prices of petrol and diesel have changed in some of the major cities in the country. In Delhi, petrol is Rs.96.72 paise and diesel is Rs.89.62 paise per liter. In Mumbai, petrol costs Rs 106.31 per liter while diesel costs Rs 94.27 per litre. In Kolkata, petrol cost is 106.03 paise while diesel cost is 92.76 paise. In Chennai, petrol price is Rs.102.73 paise while Diesel cost is Rs.94.24 paise. Similarly, in Bhubaneswar today the price of petrol is 103.47 paise while that of diesel is Rs 95.01 paise.
Why different rates in every city:
The price of petrol differs from city to city because of the various taxes that are applied. For instance, state governments levy different taxes in each state. In addition, municipal corporations and municipalities also have their own set of taxes. Consequently, the price of petrol varies from city to city, a phenomenon known as local body tax. Here’s a look at the different taxes that are levied based on the municipal corporation.
Check the price of petrol and diesel in your city by SMS:
You can keep track of the latest petrol and diesel prices in your city by sending an SMS to 9224992249. Indian Oil (IOCL) will send you the RSP (Retail Selling Price) code for your city, so you can stay updated on the latest rates.
Daily updated oil prices:
Fuel prices are updated regularly based on the price of crude oil in the international market. Oil marketing companies set the prices of petrol and diesel each day, after carefully reviewing prices. Indian Oil, Bharat Petroleum, and Hindustan Petroleum oil companies update the prices of petrol and diesel in different cities every morning.
