Business Desk, Tech for FTCP, New Delhi
Updated Mon, 07 Sep 2020 07:14 AM IST
Petrol and diesel price
– Photo: PTI
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Know the price in major metros
According to information received from IOCL, today the price of one liter petrol and diesel in Delhi, Kolkata, Mumbai and Chennai is as follows.
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Know how much is the price in your city
You can know the price of petrol and diesel through SMS. According to the website of IndianOil, you have to write RSP and your city code and send it to number 9224992249. The code for each city is different, which you will get from the IOCL website.
Price changes at six o'clock every day
Please tell that the price of petrol and diesel changes at six in the morning every day. The new rates are applicable from 6 o'clock in the morning. After adding excise duty, dealer commission and other things to the price of petrol and diesel, its price almost doubles. Petrol and diesel prices change daily, depending on what the crude prices are in the international market along with foreign exchange rates.
On the basis of these standards, the oil companies do the work of fixing the petrol rate and diesel rate daily. The dealers are the people running the petrol pumps. They sell themselves at retail prices to consumers after adding taxes and their own margins to consumers. This cost is also added to the petrol rate and diesel rate.