Crude oil has fallen drastically, know what was the impact on petrol and diesel?
Crude oil has fallen drastically, know what was the impact on petrol and diesel?
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The price of crude oil has once again seen a fall in the international market. However, despite this, the rates of petrol-diesel have remained at the old level for more than three months. In fact, except Maharashtra and Meghalaya, there was a change in the price of oil in all other states three months ago. Let us tell you that at that time the Central Government had given great relief to the people by reducing the excise duty on the price of oil. At the same time, in Meghalaya, the rate of petrol and diesel has increased by Rs 1.5 a litre in the last day.

With this, VAT on oil was reduced after the formation of the Shinde government in Maharashtra and due to this, petrol became cheaper by Rs 5 and diesel by Rs 3. Apart from all this, once again the price of crude oil has fallen below $ 90 per barrel. Today i.e. Friday morning, the price of WTI crude reached $ 87.31 per barrel and Brent crude was seen falling at $ 93.01 per barrel. Let us inform you that earlier on May 22, the Modi government at the Center had cut excise duty.

Yes and after this government move, petrol became cheaper by Rs 8 and diesel by Rs 6. Soon after this, some state governments also reduced VAT. At present, petrol in Port Blair is Rs 84.10 and diesel Rs 79.74 per liter, while in Delhi, petrol is Rs 96.72 and diesel Rs 89.62 per liter. Apart from this, petrol in Mumbai is Rs 111.35 and diesel is Rs 97.28 per litre, while in Chennai, petrol is Rs 102.63 and diesel is Rs 94.24 per litre. With this, petrol in Kolkata is Rs 106.03 and diesel is Rs 92.76 per litre, while in Noida, petrol is Rs 96.57 and diesel is Rs 89.96 per litre.

By the way, to check the latest rate of petrol and diesel, oil companies give the facility to check the rate through SMS. Yes and to check the rate, the Indian Oil (IOC) consumer has to send RSP <dealer code> to 9224992249. Whereas HPCL customers can SMS HP PRICE <dealer code> to 9222201122 and BPCL customers send RSP <dealer code> to 9223112222.

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