Crude Oil Prices Fluctuate:
This morning, WTI Crude Oil saw a decrease of 0.47%, bringing its trading price to $85.94 per barrel. Meanwhile, there was some relief in the Brent Crude Oil prices, which were trading at $90.47 per barrel.
Impact of Israel-Hamas Conflict:
The ongoing Israel-Hamas conflict has led to continuous increases in the prices of petroleum products. However, there was a slight dip in crude oil prices in the global market this morning.
Fuel Rate Changes Across Cities:
Oil distributing companies in India have not made any changes in the national-level prices of petrol and diesel for today. However, several cities have witnessed slight changes in the rates of petrol and diesel.
- In the capital city of Delhi, petrol is priced at ₹96.72 per liter, while diesel is available at ₹89.62 per liter.
- Mumbai, on the other hand, has petrol priced at ₹106.31 per liter and diesel at ₹94.27 per liter.
- Chennai sees petrol at ₹102.74 per liter and diesel at ₹94.33 per liter, and
- Kolkata offers petrol at ₹106.03 per liter and diesel at ₹92.76 per liter, maintaining their prices since this morning.
Fuel Price Changes in Noida and Bihar:
Noida, including Bihar, has observed slight reductions in petrol and diesel prices. In Delhi, Noida, and Greater Noida, petrol prices have decreased by 8 paise and diesel by 6 paise. Now, petrol in these regions costs ₹96.92 per liter, while diesel is available at ₹90.08 per liter.
Price Changes in Uttar Pradesh and Other Cities:
The state capital of Uttar Pradesh, Lucknow, also witnessed decreased petrol and diesel rates. In Lucknow, petrol is priced at ₹96.35 per liter, with a decrease of 12 paise, while diesel is available at ₹89.55 per liter, a decrease of 11 paise. Gorakhpur offers petrol at ₹96.81 per liter, decreased by 11 paise, and diesel at ₹89.99 per liter, down by 10 paise. In Prayagraj, petrol’s price has been reduced by 14 paise, bringing it to ₹96.52 per liter, and diesel is now at ₹89.73 per liter, decreased by 13 paise.
Price Changes in Ajmer and Patna:
In Ajmer, the price of petrol has increased by 37 paise to ₹108.54 per liter, while diesel has increased by 34 paise to ₹93.78 per liter. In Patna, petrol’s price has increased by 30 paise to ₹107.54 per liter, while diesel now costs ₹94.32 per liter.
How to Check Fuel Rates in Your City:
To check the fuel rates in your city, you can send a message with “RSP” to 9224992249 for BPCL customers, “HPPRICE” to 9222201122 for HPCL customers, and “RSP” to 9224992249 for Indian Oil customers.
Factors Affecting Fuel Prices in India:
Fuel prices in India are determined by various factors, including international market prices, taxes and duties imposed by state and central governments, contributions by state governments, demand for currency and supply of petroleum products, and export and import events. These factors interact dynamically, influencing the country’s final prices of petrol and diesel.