Petrol Price 24 May 2024 Update: Petrol and diesel prices in the country are setting new daily inflation records. After Sunday’s increase, there has been no increase in the prices of petrol and diesel today. Although petrol in Mumbai has reached close to 100 rupees. It will also cross 100 rupees in the next 1-2 days.
Petrol Price 24 May 2021 Update: Today there is no increase in the prices of petrol and diesel. Although petrol in Delhi has crossed the rate of Rs 93 per liter for the first time, while Mumbai people will now have to spend around Rs 100 for a liter of petrol. It is worth noting that crude oil remains at $ 65-66, but the prices of petrol and diesel in the country are making new all time high daily.
Check here how much petrol diesel is being sold in your city
See Petrol Price In Delhi
[fuel-price cityId=10084 cityName=Delhi]
Prices soared 12 times in May
From May 4, petrol and diesel prices were increased for 4 consecutive days, while the prices of petrol and diesel had remained peaceful for the first 18 days due to elections. Petrol and diesel have become costlier by 12 times in May. Petrol rates in Delhi have increased by Rs 2.81 so far in May, while diesel has become expensive by Rs 3.34 this month.
Petrol and diesel became cheaper in March, April
The common people got some relief from expensive petrol and diesel on 15 April. Petrol and diesel prices were cut three times in April and in the month of March. Before April 15, the last change in the prices of petrol and diesel took place on 30 March 2021. Then petrol in Delhi was cheaper by 22 paise and diesel by 23 paise. Petrol became 61 paise cheaper in March and diesel prices were reduced by 60 paise. The biggest reason for the 3 times cut in petrol diesel prices in March was the weakness of crude oil in the global market.
Petrol rate of Rs 104
Petrol in Delhi is being sold today at Rs 93.21 per liter. In other cities like Mumbai petrol is Rs 99.49, in Kolkata petrol is Rs 93.27. And in Chennai, petrol is being sold at Rs 94.86. Petrol price has reached Rs 104.18 per liter in Sriganganagar, Rajasthan.
Petrol prices in 4 metro cities
City Tomorrow Rate Today Rate
Delhi 93.21 93.21
Mumbai 99.499 99.49
Kolkata 93.27 93.27
Chennai 94.86 94.86
Petrol and diesel fire in 2021
Petrol and diesel have become expensive 12 times in May. Earlier in February, the rate of petrol and diesel was increased 16 times. Earlier in January, rates were increased 10 times. During this time, the price of petrol was increased by Rs 2.59 and diesel by Rs 2.61. So far in the year 2021, oil prices have been increased 38 times. During this time petrol has become expensive by Rs 9.50 per liter. On January 1, the price of petrol was Rs 83.71, today it is Rs 93.21 per liter. Similarly, from January 1 to today, diesel has become costlier by Rs 10.20 per liter. On January 1, the price of diesel in Delhi was Rs 73.87 per liter, today it is Rs 84.07.
Petrol becomes expensive by Rs 22 in 1 year
If comparing today’s prices with prices exactly one year ago, then on 24 May 2020, the rate of petrol in Delhi was Rs 71.26 per liter, that is, petrol has become expensive by Rs 21.95 per liter in the year. Diesel was also Rs 69.39 per liter on 24 May 2020, which means diesel has also become costlier by Rs 14.68 per liter in a year.
After petrol, let’s take a look at diesel prices today. Diesel in Mumbai has been increased to Rs 91.30. Diesel is being sold in Delhi at Rs 84.07 per liter. In Kolkata, diesel is being sold at Rs 86.91 and in Chennai the diesel rate is Rs 88.87.
Diesel price in 4 metro cities
City yesterday rate today’s rate
Delhi 84.07 84.07
Mumbai 91.30 91.30
Kolkata 86.91 86.91
Chennai 88.87 88.87
Central and state governments levy heavy tax
In the price of petrol, 60 percent is the share of central excise and state tax, while in diesel it is 54 percent. Central excise duty on petrol is Rs 32.90 per liter, while on diesel it is Rs 31.80 per liter. Petrol diesel prices usually change daily, these prices are decided on the basis of benchmark international crude prices and foreign exchange rates.
See for yourself the price of petrol diesel in your city
You can also know the price of petrol and diesel through SMS. Indian Oil IOC gives you the facility to write RSP in your mobile and your city code and send it to number 9224992249. Petrol and diesel rates will come to your city immediately on your mobile. Each city code is different, which IOC gives you on its website.