The Petrol, Diesel Prices increased Today Due to reflect on global rate changes in cost in retail prices, the shift to dynamic daily revisions came after the state-owned oil marketing companies discarded the old practice of revising rates on 1st and 16th of every month, Petrol prices has been increased today by 4-5 paisa per liter and diesel rates increased by 8 paisa per liter in the four major cities, Effective 6 am on September 5, customers were shooting out Rs. 69.71 for a liter of petrol in Delhi, Rs. 72.46 in Kolkata, Rs. 78.82 in Mumbai and Rs. 72.25 in Chennai, according to Indian Oil Corporation. Diesel retailed at Rs. 57.46 per liter, Rs. 60.11 per liter, Rs. 61.03 per liter and Rs. 60.49 per liter, respectively. Today’s revision will also mark an upward movement of 0.69-0.82 % on an increasing basis in terms of petrol and 0.67-0.72 % in terms of diesel so far this month.

The four major Oil retailers in India constantly increased the petrol and diesel rates from June 16th more than 90 % of refueling stations in India started petrol and diesel rate revisions throughout the country, at major oil stations Indian Oil Corporation, Bharat Petroleum Corporation and Hindustan Petroleum , Since July, petrol rates have risen by Rs. 4.26-6.51 per liter, while diesel prices increased by Rs.2.23-4.5 per liter, in the four major cities, Global oil prices have moved higher in recent months on forecasts of higher global demand, In India, the dollar-rupee value and global crude prices determine the value of domestic fuel prices.
















