The global crude oil prices have been on a bit higher side. However, petrol, and diesel prices in India have been largely unchanged since the reduction in excise duty by the central government. The last major reduction in fuel prices was witnessed in May this year, as the Centre had slashed the excise duty on petrol by Rs 8 per litre and Rs 6 per litre on diesel. The gasoline and diesel prices are revised every midnight in India depending on the global situation. Petrol now costs Rs 96.72 per litre in Delhi and Diesel is priced at Rs 89.62 per litre.
Petrol, Diesel Price Today: Globally, West Texas Intermediate crude oil was up 2.83 per cent at USD 88.92 per barrel, and Brent crude traded 2.69 per cent higher at USD 96.19 per barrel in New York.
In India, Oil Marketing Companies(OMCs) like Indian Oil, Hindustan Petroleum and Bharat Petroleum revise their fuel prices with effect from every midnight based on international benchmark prices.
Good News Petrol Diesel price No Cut in Delhi Lucknow Mumbai Patna on 21 August कच्चे तेल की कीमतों में बड़ी गिरावट, पेट्रोल-डीजल को लेकर इंडियन ऑयल ने लिया फैसला