New Prices for petrol and Diesel Are Announced: View Rates in Your City on November 18

New Prices for petrol and Diesel Are Announced: View Rates in Your City on November 18

Current Prices for petrol and Diesel On November 18, 2024: Despite the inherent volatility of these commodities, oil marketing organizations (OMCs) consistently announce the price of petrol and diesel at 6 a.m. every day. To keep customers up to date on the most recent petrol pricing, the OMCs modify prices in reaction to changes in foreign exchange rates and the price of crude oil globally.

Check city-wise petrol and diesel prices on November 18:

City Petrol Price (Rs/litre) Diesel Price (Rs/litre)
Delhi 94.72 87.62
Mumbai 103.44 89.97
Chennai 100.85 92.44
Kolkata 103.94 90.76
Noida 94.66 87.76
Lucknow 94.65 87.76
Bengaluru 102.86 88.94
Hyderabad 107.41 95.65
Jaipur 104.88 90.36
Trivandrum 107.62 96.43
Bhubaneswar 101.06 92.91

Factors Influencing Indian Petrol and Diesel Prices

Crude oil price: Since crude oil is the main ingredient used to make gasoline and diesel, its price has a direct impact on the final cost of these fuels.

The rate of exchange between the US dollar and the Indian rupee: The exchange rate between the Indian and US dollars also affects the price of petrol and diesel in India, a country that imports a lot of crude oil.

Tax: Both the federal and state governments charge a variety of taxes on petrol and diesel. These taxes, which might vary from state to state, have a significant impact on the final cost of petrol and diesel.

read more:-gold rate today: Check the price of 22 carats of gold in your city on November 18th, India.

The cost of refining: The costs associated with turning crude oil into gasoline and diesel also affect the final price of these fuels. The process of refining can be expensive, and the cost of refining might vary depending on the refinery’s efficiency and the type of crude oil used.

Demand for petrol and diesel: Prices for these fuels may also be impacted by demand. Price hikes may result from an increase in demand for certain fuels.

Know the price of petrol and diesel through SMS

You can also find out the latest petrol and diesel prices in your city through SMS. If you are a customer of Indian Oil, then you will have to write RSP along with the city code and send it to 9224992249. If you are a customer of BPCL, then you can get information about the new price of petrol and diesel by writing RSP and sending it to 9223112222. Whereas, if you are a customer of HPCL, then you can find out the price of petrol and diesel by writing HP Price and sending it to 9222201122.

Related Articles