Petrol, Diesel Fresh Prices Announced For October 31: Check Fuel Rates In Your City

Petrol, and Diesel Prices on October 31: The fall in crude oil prices in the global market has also affected the retail prices of petrol and diesel in the domestic market. Changes are visible in many cities in the retail prices released by government oil companies on Tuesday morning. However, even today the prices of petrol and diesel have not changed in the four metros of the country like Delhi-Mumbai.

According to government oil companies, in Uttar Pradesh’s Gautam Budh Nagar district (Noida-Greater Noida) the price of petrol increased by 41 paise to Rs 97.00 a liter this morning, while diesel is being sold 38 paise cheaper at Rs 89.76 a litre. In Lucknow, the capital of UP, petrol has fallen by 10 paise and is being sold at Rs 96.47 per litre, while diesel has fallen by 8 paise and is being sold at Rs 89.72 per litre. In Patna, the capital of Bihar, petrol has increased by 30 paise to Rs 107.24 per liter and diesel is being sold at Rs 94.32 per liter with an increase of 28 paise.

At present, petrol in Delhi is being sold at Rs 96.72 a litre while diesel is being sold at Rs 89.62 a litre. Whereas in Mumbai, petrol is available at Rs 106.31 and diesel at Rs 94.27 per litre. While petrol in Kolkata is Rs 106.03 and diesel is Rs 92.76 per litre. On the other hand, petrol is being sold at Rs 102.63 and diesel at Rs 94.24 per litre in Chennai.

In India, oil marketing companies (OMCs) such as Indian Oil, Bharat Petroleum and Hindustan Petroleum determine petrol and diesel prices. This is done on a daily basis, and rates are determined in accordance with the price of crude oil throughout the world.

Why do fuel prices vary across states?