Petrol Diesel Price Today 16th June: At present, the common people are not getting relief from the price of petrol and diesel. Oil companies once again increased their prices on Wednesday. Petrol became costlier by up to 25 paise and diesel by 13 paise today in four major metros of the country. Earlier on Tuesday, there was no change in the prices. According to Indian Oil Corporation, petrol became costlier by 25 paise to Rs 96.66 and diesel by 13 paise to Rs 87.41 per liter in Delhi.
The current sequence of price hikes started on May 4. Petrol in Delhi was costlier by Rs 3.83 and diesel by Rs 4.42 during the month of May. So far in June, the price of petrol has increased by Rs 2.43 and that of diesel by Rs 2.26. Petrol price increased by 24 paise and diesel by 14 paise in Mumbai today. There one liter of petrol now costs Rs 102.82 and diesel is Rs 94.84. In Chennai, petrol became costlier by 22 paise to Rs 97.91 and diesel by 12 paise to Rs 92.04. In Kolkata, the price of petrol increased by 24 paise to Rs 96.58 and that of diesel by 13 paise to Rs 90.25 per liter.
|name of the city||Petrol Rs/Litre||
|Shri Ganga Nagar||107.79||100.51|
Petrol has been increased by 29 paise per liter and diesel by 28 paise. Petrol in Delhi went down to Rs 95.85 per liter on Friday. Diesel also jumped to Rs 86.75 per litre. Let us tell you that in just 23 days, 5.53 petrol has become expensive. Whereas, diesel has become costlier by Rs 5.97 in the same day.
This is how the rate of petrol and diesel increases
After adding excise duty, dealer commission and other things to the price of petrol and diesel, its price almost doubles. If the excise duty of the central government and the VAT of the state governments were removed, then the rate of diesel and petrol would have been around Rs 27 a liter, but whether it is the central or the state government, both cannot remove the tax at any cost. Because a major part of the revenue comes from here. This money leads to development.
Prices are fixed every morning
In fact, the prices of petrol and diesel change daily based on the price of crude in the international market along with foreign exchange rates. Oil marketing companies fix the rates of petrol and diesel daily after reviewing the prices. Indian Oil, Bharat Petroleum and Hindustan Petroleum revise the rates of petrol and diesel every day at 6 am.
Know the rates of petrol and diesel in your city through SMS
You can also check the price of petrol and diesel in your city daily through SMS. Indian Oil (IOC) consumers can send RSP to 9224992249 and HPCL customers can send HPPRICE to 9222201122 number. BPCL consumers can send RSP to the number 9223112222.