State-owned oil companies have released the prices of petrol and diesel today i.e. on Friday. The price of oil, which has remained stable for the past several days, has not changed even today. In the national capital, a litre of petrol is being sold for Rs 105.41, while a litre of diesel is priced at Rs 96.67. Apart from this, if you look at the prices of petrol and diesel in other metros, in Mumbai, petrol is being sold for Rs 120.51, while diesel is available for Rs 104.77. Yes, and in the midst of the expensive crude oil in the global market, there is no change in the prices of petrol and diesel even today.
In fact, the Chief Economic Advisor said in a statement last month, "As long as crude prices are less than $110 a barrel, the prices of petrol and diesel will not go up. If the price of crude oil remains above $110, the burden will have to be borne by the government, oil companies and consumers together. Yes, and in such a situation, after the price of Brent crude reached above $110 in the global market today, the possibility of petrol and diesel becoming expensive again has increased.
The prices of petrol and diesel change at 6 a.m. every day. Yes, the new rates come into effect from 6 a.m. After adding excise duty, dealer commission, VAT and other things to the price of petrol and diesel, its price almost doubles the original price and that is why the prices of petrol and diesel appear to be so high.
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