April has again begun with the smell of oil, but this time both relief and anxiety have come together. While on the one hand the global market has seen a tremendous rise in crude oil prices, on the other hand there has been no significant change in the prices of petrol and diesel in many big cities of India. However, a slight increase has been recorded in some cities, which has made it clear that the pressure on the general public may increase in the coming time.
Impact of rising crude oil prices
Crude oil prices have started climbing again in the international market, which is directly affecting the rates of domestic petrol and diesel. Government oil companies released new prices on Tuesday 1 April. However, it is a matter of relief that petrol and diesel prices remain stable this time in the four major metros of the country – Delhi, Mumbai, Kolkata and Chennai. But in small and middle cities, its effect is gradually visible.
Minor changes in Noida and Lucknow
There was some movement in the price of petrol and diesel in big cities of Uttar Pradesh:
- Noida: Petrol ₹ 94.87, Diesel ₹ 88.01 per liter
- Lucknow: Petrol ₹ 94.69, Diesel ₹ 87.81 per liter
This change may not be very large, but it shows that the possibility of growing the sentiment gradually cannot be ruled out.
Diesel became expensive in Patna
Patna, the capital of Bihar, has recorded a slight increase in the price of diesel:
- petrol: ₹ 105.23 per liter
- diesel: ₹ 92.09 per liter (increase by 10 paise)
It is a sign that the ups and downs in the international market are now affecting small cities.
Prices stable in four metros
There was no change in the rate of petrol and diesel in the four major metros of the country. The current rates are as follows:
| City | Petrol (₹/liter) | Diesel (₹/liter) |
|---|---|---|
| Delhi | 94.77 | 87.67 |
| Mumbai | 103.50 | 90.03 |
| Chennai | 100.80 | 92.39 |
| Kolkata | 105.01 | 91.82 |
This stability definitely gives relief, but how long this situation will remain, it is difficult to say.
Rates change every morning at 6 o’clock
Petrol and diesel prices in the country are updated every day at 6 am. These rates depend on many factor – such as excise duty, dealer commission, VAT and other taxes. This is the reason why oil prices are different across the country.
Will the price move forward?
If the global prices of crude oil continue to climb like this, then there can be further changes in the prices of petrol and diesel. At the moment there is stability in metros, but the movement that started in small cities is a sign that the general public needs to be a little more vigilant in the coming weeks.
The post Petrol and Diesel Pries Today: The global prices of crude oil rise, the price stable in India but the worry continues first appeared on News India Live | Breaking India News, The Indian Headline, India Express News, Fast India News.
