There is no change in the price of petrol and diesel by the government oil companies today. How are the rates of petrol and diesel in Delhi, Mumbai and Chennai and Kolkata earlier. On July 3, the Delhi Government had cut the rate of diesel by Rs 8.36, due to which the rate of diesel in Delhi was increased to Rs 73.56 per liter in the market.
Petrol price in Delhi is going up to Rs 80.43 per liter today. The price of diesel is being Rs 73.56 per liter. According to information received from the IOCL website, the prices of one liter of petrol in Kolkata, Mumbai and Chennai are 82.05, 87.19 and 83.63 per liter respectively. Talking about the price of diesel, its rates in these metros are going to be 77.06, 80.11 and 78.86 respectively.
There is a change in the prices of petrol and diesel every day at 6 am. The new rates are applicable from 6 am. After adding excise duty, dealer commission and other things to the rates of petrol and diesel, its rate almost doubles. On the basis of what are the prices of crude in the international market with the foreign exchange rate, the prices of petrol and diesel change every day. On the basis of these standards, oil companies do the work of fixing petrol price and diesel price daily. The dealers running the petrol pumps are the people who themselves sell petrol at retail prices after adding taxes and their own margins to the last of the consumers. This cost is also added to the petrol price and diesel price.
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