There has been no increase in the prices of petrol and diesel by the government oil companies today. Yesterday the diesel price had increased by a maximum of 30 paise, while the petrol price had also increased by 26 to 29 paise.
Even today, the price of petrol in Delhi is Rs 97.22 while the price of diesel is Rs 87.97 per liter. The price of petrol in Mumbai is Rs 103.36 and that of diesel is Rs 95.44 per litre. Petrol and diesel prices across the country reached new highs on Wednesday after the 28th increase in vehicle fuel prices in a month.
Price varies daily at 6 o'clock
Let us tell you that the prices of petrol and diesel change every day at 6 am. The new rates are applicable from 6 am onwards. After adding excise duty, dealer commission and other things to the price of petrol and diesel, its price almost doubles.
On the basis of these parameters, oil companies do the work of fixing petrol rate and diesel rate daily. Dealers are people running petrol pumps. They sell petrol themselves at retail prices to the consumers end after adding taxes and their own margins. This cost is also added to the petrol rate and diesel rate.
Know how much is the price in your city
You can also know the price of petrol and diesel through SMS. According to the Indian Oil website, you need to send RSP and your city code to 9224992249. The code for each city is different, which you will get from the IOCL website.