Petrol And Diesel Price Update: With the first week of this year coming to an end and the second week commencing, there has been another decline in the price of crude oil on the international market. That being said, since May 22, 2022, the prices of petrol and diesel in India have remained unchanged. The prices of petrol and diesel in the majority of our nation’s states as of January 11, 2024, are displayed below. Brent crude, the benchmark for world oil prices, dropped 0.15% to $72.13 per barrel. A litre of petrol now costs more than Rs. 100 due to the recent introduction of fuel duty in some parts of the country. Crude oil prices saw a small global decline yesterday, which was noteworthy.
How is Petrol Price in India calculated?
The cost of petrol is rising quickly in India, so it’s important for people to know how the price is determined. One commodity that is not subject to the Goods and Service Tax (GST) in India is petrol. Crude oil, OMC margin, freight costs, transportation costs, state and federal government taxes, excise duty, and other taxes are the factors that determine the retail selling price of petrol in India.
Petrol And Diesel Price Update: Checkout the prices of petrol and diesel today
| Name of cities | Prices of Petrol in rupees | Prices of Diesel in rupees |
| Lucknow | 96.47 | 89.66 |
| Chennai | 102.63 | 94.24 |
| Bangalore | 101.94 | 87.89 |
| Hyderabad | 109.66 | 97.82 |
| Kolkata | 106.03 | 92.76 |
| Mumbai | 106.31 | 94.27 |
| Gurgaon | 97.18 | 90.05 |
| New Delhi | 96.72 | 89.62 |
| Noida | 96.59 | 89.76 |
| Chandigarh | 96.20 | 84.26 |
| Bhubaneswar | 103.19 | 94.76 |
Want to check current rates in city
Fuel prices are updated on a regular basis by oil marketing companies, and customers can view these prices on the websites of businesses like Indian Oil Corporation and Hindustan Petroleum Corporation. Additionally, consumers can quickly find out local petrol and diesel prices by going to the websites of the oil marketing companies or by sending an SMS to 9224992249 for Indian Oil customers or 9223112222 for BPCL customers, along with the city code and the word “RSP.”
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