New Delhi: Crude oil prices in the global market have fallen by about one dollar per barrel during the last 24 hours, which also affected the retail prices of petrol and diesel in the domestic market on Wednesday morning. Along with this, government oil companies have increased the prices of petrol and diesel in UP in the rate released this morning, but in Bihar, its prices are falling. However, the price of oil has not changed even today in all four metros of the country like Delhi-Mumbai. Let us tell you that according to the rate issued by the government oil companies, this morning in Gautam Budh Nagar district (Noida-Greater Noida), petrol is being sold at 16 paise costlier at Rs 97.00 per liter and diesel by 13 paise at Rs 90.14 per liter.
With this, the price of petrol has come down by 53 paise in Patna, the capital of Bihar today and the new price has reached Rs 107.59 per liter, while diesel has become cheaper by 50 paise and has reached Rs 94.36 per liter. Let us tell you that in the last 24 hours, its prices have also increased by more than $1. With this, the price of Brent crude has climbed up to $88.36 per barrel. Along with this, WTI is also showing an increase of about $2 and it is selling at $81.26 per barrel.
Yes, there is a change in the prices of petrol and diesel every day at 6 am and the new rates are applicable from 6 am itself. On the other hand, after adding excise duty, dealer commission, VAT, and other things to the price of petrol and diesel, its price almost doubles from the original price. Yes and this is the reason why the prices of petrol and diesel are so high.