Petrol Diesel Price Today 12th July 2021: After remaining stable for two consecutive days, domestic oil companies have changed the rate of petrol and diesel today. While the price of diesel has come down by 18 paise per liter in major cities of the country, the price of petrol has increased by 28 paise. Despite this, Mumbai, Ratnagiri, Parbhani, Aurangabad, Jaisalmer, Ganganagar, Banswara, Indore, Bhopal, Gwalior, Guntur, Kakinada, Chikmagalur, Shivamogga, Hyderabad, Leh, Imphal, Kalahandi, Sopore, Baramulla, Patna, Salem, Thiruvananthapuram, Mohali and Petrol is unbeaten in Darjeeling with a century.
See at what rate petrol and diesel are being sold in major cities of the country today
|name of the city||Petrol Rs/Litre||Diesel Rs/Litre|
|Shri Ganga Nagar||112.53||102.98|
Petrol prices have increased for so many days in the month of July
So far in July, the price of petrol has increased for 7 days, then the price of diesel has increased four times. Petrol and diesel prices were increased for 16 days in June 2021. In May also, the prices of petrol and diesel were increased for 16 days. This hike in retail fuel prices started from 4 May 2021. Prior to this, there was no change in the prices of petrol and diesel for 18 consecutive days between elections in 5 states. The continuous increase in fuel prices since May 4 has affected various cities in the country especially the states and union territories of Maharashtra, Rajasthan, Andhra Pradesh, Madhya Pradesh, Karnataka, Telangana, Odisha, Kashmir, Ladakh, Punjab, Bihar, Kerala, Petrol has crossed the Rs 100 mark in Tamil Nadu and West Bengal, Manipur, Jammu and Union Territories.
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 number and HPCL (HPCL) consumers can send HPPRICE to number 9222201122. BPCL consumers can send RSP to the number 9223112222.