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Petrol will be cheaper soon, crude oil has fallen to $ 70, check the latest rate of petrol and diesel today

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Petrol Price in Delhi: Government oil companies have released the latest rates of petrol-diesel. There has been no change in oil prices for the 27th consecutive day. At the same time, there is a decline in the prices of Brent crude in the internet market even today. In the country’s capital Delhi, the price of 1 liter of petrol (Petrol Price in delhi) is Rs 103.97 and the price of diesel (Diesel price in delhi) is Rs 86.67.

Crude oil prices fall
Brent crude prices are seeing a decline of 3.91 percent in the international market, after which Brent crude is seen at $ 70.57 per barrel. At the same time, WTI Crude prices are seeing an increase of 0.48 percent, after which WTI is at $ 66.50 per barrel. Due to the continuous fall in the prices of crude oil, soon there may be a cut in the prices of petrol too.

Latest Petrol-Diesel Rates (Petrol-Diesel Price on 1st December 2021)

  • The price of petrol in Delhi is Rs 103.97 and the price of diesel is Rs 86.67 per liter.
  • In Mumbai, the price of petrol has gone up to Rs 109.98 per liter, while diesel is at the level of Rs 94.14 per liter.
  • The rate of petrol in Kolkata is Rs 104.67 and the price of diesel is Rs 89.79 per liter.
  • Apart from this, the price of petrol in Chennai is Rs 101.40 and the price of diesel is Rs 91.42 per liter.

Government earned double from petrol and diesel
Let us tell you that in the year 2020-21 of Corona epidemic, the Central Government’s income from excise duty on petrol and diesel has doubled. In 2020-21 (from April 2020 to March 2021), the central government has got revenue of Rs 3.72 lakh crore from excise duty on petrol diesel whereas in 2019-20 only Rs 1.78 lakh crore was received as excise duty.

New rates are released at 6 pm
Let us tell you that IOCL releases new prices of petrol and diesel every day at 6 am. You can check the latest prices of petrol and diesel in your city through the company’s website https://associates.indianoil.co.in/PumpLocator/ and SMS.

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