Every day the prices of petrol and diesel are being increased by the government oil companies. Due to which people have to suffer in the form of inflation. Meanwhile, in the meeting of OPEC countries next week, an agreement can be made to increase the production of crude oil.
The consumers did not get any relief even on Sunday, 31 October, the last day of the month of October. A day earlier, the price of diesel increased by 33 to 37 paise, while the price of petrol increased by 31 to 44 paise. In many states, its price has reached above Rs 100. The daily rising petrol and diesel prices in the country are affecting the income of the common man. The price of petrol in Delhi is Rs 108.99 while the price of diesel is Rs 97.72 per liter. The price of petrol in Mumbai is Rs 114.81 and the price of diesel is Rs 105.86 per liter. Petrol in Kolkata costs Rs 109.46 while diesel costs Rs 100.84 a litre. At the same time, in Chennai, petrol is Rs 105.74 a liter and diesel is Rs 101.92 a liter.
What is the price in major metros
city diesel petrol
- Delhi 97.72 108.99
- Mumbai 105.86 114.81
- Kolkata 100.84 109.46
- Chennai 101.92 105.74
(The price of petrol-diesel is in rupees per litre.
The rise in international crude oil prices is believed to be the reason for the rise in the prices of petrol and diesel in the domestic market. Local retail petrol, diesel and LPG prices have hit record highs as international oil prices hit a multi-year high of $85 a barrel. India imports 85 percent of its oil needs and is the world’s third largest energy-consuming and importing country.
The meeting of the Group of Ministers of OPEC countries and non-OPEC countries on 4 November
About 61 years ago today, in September 1960, Iran, Iraq, Kuwait, Saudi Arabia and Venezuela established the crude oil producer organization OPEC in Baghdad. Since then this company controls the price of oil. On November 4, a meeting of the OPEC countries and non-OPEC ministers is going to be held through video conferencing. In this meeting, a decision can be taken to increase the production of crude oil in the coming months. 13 oil producing countries of the world can participate in this meeting. It is being speculated that a decision on increasing crude oil production can be taken in the meeting. If this happens, the availability of crude oil will increase against the current demand and the price will decrease. Its direct effect will be that petrol and diesel will also become cheaper in India.
On the other hand, Iran will also start talks with America on this issue from next week. In such a situation, pressure can be seen on crude oil prices for the next few days. Therefore, there can be some relief from the increasing daily petrol and diesel prices in India.
Because of this the price increases
India has kept the prices of petrol and diesel in the market for a long time. According to the way the price of crude oil rises at the international level, on the same lines, the burden on our pocket increases. Brent crude is trading around $85 per barrel.
India buys crude oil from countries like Iraq, America, Saudi Arabia and Russia. All these countries are part of the OPEC organization. India also has good friendship with all of them. If all these countries agree to increase the production of crude oil in the meeting to be held next week, then there can be relief in the expenditure on petrol and diesel in our country.
Petrol price increased in Delhi like this
- Oct 30, 2021:108.99 ₹/L
- Oct 29, 2021:108.64 ₹/L
- Oct 28, 2021:108.29 ₹/L
- Oct 27, 2021:107.94 ₹/L
- Oct 26, 2021:107.59 ₹/L
- Oct 25, 2021:107.59 ₹/L
- Oct 24, 2021:107.59 ₹/L
- Oct 23, 2021:107.24 ₹/L
- Oct 22, 2021:106.89 ₹/L
- Oct 21, 2021: 106.54 ₹/L
- Oct 20, 2021:106.19 ₹/L
- Oct 19, 2021:105.84 ₹/L
- Oct 18, 2021:105.84 ₹/L
- Oct 17, 2021:105.84 ₹/L
- Oct 16, 2021:105.49 ₹/L
- Oct 15, 2021:105.14 ₹/L
This is how the price of diesel increased in Delhi
- Oct 30, 2021:97.72 ₹/L
- Oct 29, 2021:97.37 ₹/L
- Oct 28, 2021:97.02 ₹/L
- Oct 27, 2021:96.67 ₹/L
- Oct 27, 2021:96.67 ₹/L
- Oct 26, 2021:96.32 ₹/L
- Oct 25, 2021:96.32 ₹/L
- Oct 24, 2021:96.32 ₹/L
- Oct 23, 2021:95.97 ₹/L
- Oct 22, 2021:95.62 ₹/L
- Oct 21, 2021:95.27 ₹/L
- Oct 20, 2021:94.92 ₹/L
- Oct 19, 2021:94.57 ₹/L
- Oct 18, 2021:94.57 ₹/L
- Oct 17, 2021:94.57 ₹/L
- Oct 16, 2021:/94.22 ₹/L
- Oct 15, 2021:93.87 ₹/L
Petrol-diesel price is updated everyday
The price of petrol and diesel is updated daily based on the price of crude in the international market along with forex rates. Oil marketing companies fix the price of petrol and diesel daily after reviewing the prices. Indian Oil, Bharat Petroleum and Hindustan Petroleum oil companies update petrol and diesel prices information of different cities every morning.
Know the price of petrol and diesel in your city through SMS
Petrol-Diesel prices are updated daily. In such a situation, you can know the price of petrol and diesel in your city daily through just one SMS. For this, customers of Indian Oil (IOCL) will have to write RSP code and send it to the number 9224992249.