In July, Finance Minister Nirmala Sitharaman made a big statement on the rising price of petrol and diesel. In fact, in the past, he had said, "The government will review the new taxes levied on crude oil, diesel-petrol and aviation fuel (ATF) every 15 days.'' Let me tell you all that after the fall in the price of crude and this statement of the Minister, it was expected that the price of oil in the domestic market will come down. However, for more than two months, no change in the rates of petrol and diesel has been noticed. Yes, at this time also there is a recession among the general public, but in the meantime, the price of crude oil is also going up and down.
Let me tell you all that a few days ago, crude going below $100 per barrel is seeing an improvement. On Wednesday, WTI crude was seen at $97.76 per barrel and Brent crude at $107 per barrel. In fact, for the last two months, the rates of petrol-diesel (petrol-diesel price) have been in the same place. No changes were seen in them. You may be aware that the excise duty was cut on May 21 by the government. By the way, as the price of crude oil is seeing a softening, the price of oil is also likely to come down. At the same time, some states had also reduced VAT after the government cut the excise duty. Let us tell you that due to this step of the government, 8 rupees on petrol and 6 rupees on diesel were reduced.
Let us tell you that petrol in Port Blair is Rs 84.10 and diesel is Rs 79.74 per litre. At the same time, petrol in Delhi is Rs 96.72 and diesel is Rs 89.62 per litre and in Mumbai, petrol is Rs 111.35 and diesel is Rs 97.28 per litre. To check the latest rates of petrol and diesel, oil companies provide the facility to check rates through SMS. Yes, and to know the new price, the consumer of Indian Oil (IOC) has to send RSP<dealer code> to 9224992249. Whereas HPCL customers can SMS HP PRICE <dealer code> to 9222201122 and BPCL customers send RSP<dealer code> to 9223112222.
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