The tension between America and Iran has once again started increasing, the direct effect of which is now visible on the prices of crude oil in the international market. Crude oil has jumped to beyond $95 per barrel. Amidst this intense boil, Indian oil companies have released the latest prices of petrol and diesel for today. The big matter of relief for the general public is that at present there has been no change in the prices at the domestic level. Despite this turmoil in the global market, petrol prices in India still remain much cheaper than the world average rate and all our neighboring countries.
Petrol is cheaper in India than in the world
If we take a closer look at global data, India’s situation looks much better for consumers. According to the latest data of global petrol price, today the average price of petrol across the world is around Rs 144.36 per liter. In contrast, the average price of petrol in India remains stable at around Rs 108.71. This simply means that an average Indian citizen is getting petrol about Rs 36.65 cheaper than the world average rate. Not only this, in our seven neighboring countries like Pakistan (Rs 129.47), Sri Lanka (Rs 139.72), Nepal (Rs 135.74), Bangladesh (Rs 112.94), China (Rs 126.34), Myanmar (Rs 133.28), even Bhutan (Rs 109.73), oil prices are much higher than India.
What is the price of oil being sold in major cities today?
According to the latest update issued by the Indian oil company IOC, today customers will not have to face any new increase in the prices of petrol and diesel in big cities of the country. Talking about the country’s capital Delhi, today normal petrol is being sold at Rs 102.12 per liter while diesel is being sold at Rs 95.20 per liter. In the country’s financial capital Mumbai, the price of one liter petrol stands at Rs 111.21 and that of diesel at Rs 97.83. Similarly, in Chennai, motorists are getting petrol at Rs 107.77 and diesel at Rs 99.55 per litre. For residents of Kolkata, the price of petrol is fixed at Rs 113.51 and diesel at Rs 99.82 per liter.
| City | Petrol Price (Rs/Litre) | Diesel Price (Rs/Litre) |
| Delhi | 102.12 | 95.20 |
| Kolkata | 113.51 | 99.82 |
| Mumbai | 111.21 | 97.83 |
| Chennai | 107.77 | 99.55 |
| Noida | 102.12 | 97.56 |
| Chandigarh | 101.51 | 89.47 |
| Lucknow | 101.89 | 95.36 |
| Patna | 113.37 | 99.36 |
| Ranchi | 105.26 | 100.49 |
| Bhopal | 114.57 | 99.64 |
Know the latest rate through SMS
If you are a consumer of Indian Oil (IOC), then type RSP from your mobile and message it to 9224992249. Bharat Petroleum (BPCL) customers can send their message to number 9223112222, while Hindustan Petroleum (HPCL) customers can send their message by writing HPPRICE to 9222201122. Along with the message, you will also have to enter your city code, which is easily available on the official website of oil companies.
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