Petrol, and Diesel Prices Today: Petrol and diesel prices were constant on Tuesday, 2 May across New Delhi, Kolkata, Mumbai, and Bengaluru. Petrol rates and diesel rates have been steady over the last eleven months.
At present, petrol in Delhi is being sold at Rs 96.72 a liter while diesel is being sold at Rs 89.62 a litre. Whereas in Mumbai, petrol is available at Rs 106.31 and diesel at Rs 94.27 per litre. While petrol in Kolkata is Rs 106.03 and diesel is Rs 92.76 per litre. On the other hand, petrol is being sold at Rs 102.63 and diesel at Rs 94.24 per liter in Chennai.
However, in states like Maharashtra and West Bengal, fuel prices showed a decline. Petrol has become cheaper by 41 paise and diesel by 39 paise in Maharashtra. In Punjab too, petrol has become cheaper by 26 paise and diesel by 25 paise. There is a drop of 25 paise in the price of petrol and diesel in Uttar Pradesh. Petrol has become cheaper by 44 paise and diesel by 41 paise in West Bengal.
Except for individual cases, petrol and diesel rates across the country have been steady since May 21 last year, when the previous pan-India revision was announced. However, many cities saw petrol prices above Rs 100 mark.
New prices continue in these cities as well
– Petrol in Noida has gone up to Rs.96.58 and diesel to Rs.89.75 per litre.
– Rs 96.58 in Ghaziabad and Rs 89.75 per liter of diesel.
– Petrol in Lucknow has become Rs 96.57 and diesel Rs 89.76 per liter.
– Petrol in Patna has become Rs 107.42 and diesel Rs 94.04 per liter.
– Petrol has become Rs 84.10 and diesel Rs 79.74 per liter in Port Blair.
In India, oil marketing companies (OMCs) such as Indian Oil, Bharat Petroleum and Hindustan Petroleum determine petrol and diesel prices. This is done on a daily basis, and rates are determined in accordance with the price of crude oil throughout the world.
Why do fuel prices vary across states?
The rates for each day, whether new or unchanged, are announced at 6 am on the day. These, however, vary from state to state; this is due to criteria such as Value Added Tax (VAT), freight charges, local taxes, etc.
Petrol, and Diesel prices in Chennai, Kolkata, Bengaluru, Lucknow, Noida, and Gurugram on May 2, 2023
This is how you can know today’s latest price
You can also know the daily rate of petrol and diesel through SMS. Indian Oil customers can get information by sending RSP and their city code to 9224992249 and BPCL customers can get information by sending an SMS to 9223112222 by typing RSP and their city code. Whereas, HPCL consumers can know the price by sending HPPrice and their city code to 9222201122.
Crude Oil Prices Today
Oil prices fell in thin early Asian trade on Tuesday as the market digests weak economic data from China and expectations of another U.S. interest rate hike. Brent crude fell by 2 cents to $79.29 a barrel by 0021 GMT, while U.S. West Texas Intermediate (WTI) crude fell 2 cents to $75.64. Both benchmarks fell by more than $1 last session.
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