New Delhi: The state-owned oil companies have not made any change in the price of petrol and diesel on Saturday. Earlier, on June 4, i.e. Friday, petrol price rose by 27 paise, while diesel saw 28 paise per liter hike in its price. Thus, so far this year, i.e. in 2021, oil has become expensive by around Rs 12 per liter. In other words, petrol-diesel prices have gone up by about 13 per cent this year alone.
Today, on Saturday, petrol is hovering at Rs 94.76 per liter in the Delhi market while diesel is retailed at
Rs 85.66 per liter. While in Mumbai, petrol is being sold at Rs 100.98 per liter and diesel at Rs 92.99 per liter. In Kolkata, petrol is selling at Rs 94.76 and diesel at Rs 88.51 per liter. In Chennai, petrol is retailed at Rs 96.23 and diesel at Rs 90.38.
In fact, petrol and diesel prices have been rising steadily since the last assembly elections in five states. After the elections, petrol has gone up by 4.44 paise per liter and diesel by Rs 4.88 per liter in just 19 days since May 4.
Fuel prices vary across states depending on local taxation like a value-added tax (VAT) and factors such as freight charges. Rajasthan reportedly levies the highest VAT on petrol in the country, followed by Madhya Pradesh and Maharashtra.
Crude oil is currently trading at 71 dollar per barrel in the international market, which is expected to continue to rise in price.
Petrol prices in India are among the highest in the world.
How to check petrol/diesel price in your city?
For the uninformed, petrol-diesel prices change daily and are updated at 6 in the morning. You can also know the daily rate of petrol-diesel through SMS. Indian Oil customers can get the information by sending the city code along with RSP to 9224992249 and BPCL customers by sending RSP to 9223112222. Meanwhile, HPCL consumers can find out the price by sending HPPrice to 9222201122.