The international market has been witnessing a declining trend in crude oil prices since last week. In the international market, crude oil is seen trading at around $100 a barrel. Petrol and diesel prices across the country continue to remain stable amid a fall in crude oil prices. According to the latest update of the Indian oil corporation's (IOCL) official portal http://iocl.com, the stable prices of petrol and diesel across the country have brought some relief to the general public from inflation.
Let us know that the price of petrol and diesel in India is based on the prices of crude oil at the international level. In such a situation, experts say that if there is a continuous fall in the price of crude oil, then petrol and diesel can become cheaper in the national market. According to the new update by http://iocl.com, petrol is selling at Rs 96.72 per litre and diesel at Rs 89.62 per litre in the national capital. In Chennai, the price of a litre of petrol is fixed at Rs 102.63 and that of diesel at Rs 94.24 per litre. In West Bengal's capital Kolkata, a litre of petrol is being sold for Rs 106.03 and diesel at Rs 92.76. In Mumbai, the financial capital of the country, petrol is Rs 106.31 per litre and diesel is Rs 94.27 per litre.
Check the price of petrol and diesel in your city by SMS:- Due to the tax levied at the state level, the prices of petrol and diesel are different in different states. You can know the price of petrol and diesel in your city daily through an SMS. For this, Indian oil (IOCL) customers will have to write the RSP code and send it to the 9224992249 number. Click here to learn the RSP code for your city.
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