Petrol price in India today: On Tuesday, where international oil market rose, the Indian state-owned oil companies kept the price of petrol unchanged in various state capitals of India. The state-owned oil companies have limited room to cut prices of petrol, as global crude oil basket continues to edge higher. Today, global crude oil prices rose on amid worries there could be a high risk of disruptions to supply, especially in the Middle East.
The oil companies like Hindustan Petroleum Corp Limited (HPCL), Indian Oil Corp (IOCL) and Bharat Petroleum Corp Limited (BPCL) decide the final retail petrol price by taking into consideration the international crude basket, plus states’ Value Added Tax (VAT) and the government’s excise duty.
Petrol price in New Delhi today: The petrol price here was stood at Rs 74.02 per litre unchanged from the previous day price. With the current deduction, the petrol price in New Delhi came below Rs 74-mark, however, it stayed near six-year high. Read More
Latest posts by zeebiz (see all)
- Bad news for people of these states! Indian Railways cancels 30 trains for 2 months, dozens of others affected too - December 11, 2018
- Tariff relief will bring down our losses at Mundra by 50%: Praveer Sinha, Tata Power - December 11, 2018
- Indian Railways confirmed ticket cancellation, waitlisted tatkal ticket cancellation charges and more, all explained here - December 10, 2018