Petrol, and Diesel Prices on November 18: Though crude oil prices on Friday jumped 4 per cent amid US sanctions on some Russian oil shippers, petrol and diesel prices in India saw a slight fall. However, metro cities continue to have the same prices for diesel and petrol.
According to government oil companies, in Chennai, the price of petrol fell by 23 paise to Rs 102.63 and diesel slipped by 22 paise to Rs 94.24 per litre. In Uttar Pradesh’s Gautam Budh Nagar district (Noida-Greater Noida), the price of petrol stood the same at Rs 96.79 a litre this morning, while diesel continues to be sold at Rs 89.96 a litre. In Chandigarh also, the petrol and diesel prices remained unchanged at Rs 96.20 and Rs 84.26 a litre, respectively.
In Lucknow, petrol prices stood at Rs 96.57 a litre and diesel at Rs 89.57. In Gurugram, the price of petrol stood at Rs 97.18 a litre and diesel at Rs 90.05.
Currently, petrol in Delhi is being sold at Rs 96.72 a litre while diesel is being sold at Rs 89.62 a litre. Whereas in Mumbai, petrol is available at Rs 106.31 and diesel at Rs 94.27 per litre. While petrol in Kolkata is Rs 106.03 and diesel is Rs 92.76 per litre.
In India, oil marketing companies (OMCs) such as Indian Oil, Bharat Petroleum and Hindustan Petroleum determine petrol and diesel prices. This is done on a daily basis, and rates are determined in accordance with the price of crude oil throughout the world.
Crude Oil Prices
Crude oil prices jumped more than 4 per cent on Friday, rebounding from a four-month low hit in the previous session, as investors who had taken short positions took profits and while US sanctions on some Russian oil shippers lent support.
Brent crude futures settled up $3.19, or about 4.1%, at $80.61 a barrel, while West Texas Intermediate crude (WTI) rose $2.99, or 4.1%, at $75.89.
Some of the losses were offset after the U.S. imposed sanctions this week on maritime companies and vessels for shipping Russian oil sold above the Group of Seven’s price cap.
Why do fuel prices vary across states?
How to Check Petrol, and Diesel Prices City-Wise?
You can also know the daily rate of petrol and diesel through SMS. Indian Oil customers can get information by sending RSP and their city code to 9224992249 and BPCL customers can get information by sending an SMS to 9223112222 by typing RSP and their city code. Whereas, HPCL consumers can know the price by sending HPPrice and their city code to 9222201122.
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