BUSINESS

Fresh Prices for Gas and Diesel Announced for October 12: Check the Local Fuel Prices

Today’s worldwide crude oil market saw a small fall in price. On Thursday at about six in the morning, WTI oil was selling for $ 83.15 per barrel. At the same time, the price of a barrel of Brent oil has decreased to $ 85.57. The nation’s oil marketing firms have published the most recent pricing for gasoline and diesel. The price of petrol is updated in India every morning at six o’clock. Prior to June 2017, prices were revised every 15 days.

With a few small adjustments, Indian oil firms maintained the price of gasoline and diesel on Thursday, October 12, almost constant throughout all major cities. However, because of value-added tax (VAT), freight costs, municipal taxes, etc., they differ from state to state.

In Maharashtra, diesel prices have increased by 39 paise while gasoline prices have increased by 40 paise. In West Bengal, the cost of gasoline is rising by 44 cents, while the cost of diesel is rising by 41 cents. In Uttar Pradesh, Telangana, Rajasthan, and Chhattisgarh, the cost of gasoline and diesel is also rising. On the other side, certain other states, such as Jharkhand, Himachal Pradesh, and Madhya Pradesh, have seen a very minor decrease in the cost of gasoline and diesel.

At the moment, a litre of gasoline costs Rs 96.72 in Delhi, while a litre of diesel costs Rs 89.62. While in Mumbai, a litre of gasoline costs Rs 106.31 and a litre of diesel costs Rs 94.27. Diesel costs Rs 92.76 and gasoline Rs 106.03 per litre in Kolkata, respectively. On the other side, in Chennai, gasoline costs Rs 102.63 and diesel Rs 94.24 a litre.

Prices for gasoline and diesel are set in India by oil marketing companies (OMCs) such Indian Oil, Bharat Petroleum, and Hindustan Petroleum. Rates are set daily, according on the global price of crude oil, and this is done on an ongoing basis.

Why do gas prices differ across states?

At six in the morning on each day, the rates—new or unchanged—are declared. However, they differ from one state to the next owing to factors like Value Added Tax (VAT), freight costs, municipal taxes, etc.

Petrol, and Diesel prices in Chennai, Kolkata, Bengaluru, Lucknow, Noida, and Gurugram on October 12, 2023

CITY PETROL (PER LITRE) DIESEL (PER LITRE)
Bengaluru Rs 101.94 Rs 87.89
Chandigarh Rs 96.20 Rs 84.26
Chennai Rs 102.86 Rs 94.46
Gurugram Rs 96.84 Rs 89.72
Kolkata Rs 106.03 Rs 92.76
Lucknow Rs 96.57 Rs 89.76
Mumbai Rs 106.31 Rs 94.27
New Delhi Rs 96.72 Rs 89.62
Noida Rs 96.79 Rs 89.96

How Can I Check City-Wise Gas and Diesel Prices?

Additionally, SMS may be used to find out the daily price of gasoline and diesel. consumers of Indian Oil may obtain information by texting RSP and their city code to 9224992249, while consumers of BPCL can get information by sending an SMS with RSP and their city code to 9223112222. However, HPCL customers may find out the price by texting HPPrice to the number 9222201122 along with their city code.

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