Petrol Price 22 August 2021 Update: Petrol has crossed Rs 100 in many states of the country. But in the meantime, the prices of petrol and diesel have come down today. Know latest updates.
- Diesel became cheaper by 80 paise in four consecutive days
- Slight drop in petrol price
- Petrol prices were last hiked on July 17.
Petrol Price 22 August 2021 Update: Oil companies have released the rates of petrol and diesel for today i.e. 22nd August. According to Indian Oil (IOCL), there has been a slight fall in the prices of petrol-diesel. According to the latest rate update, petrol has become cheaper by 20 paise per liter. At the same time, the price of diesel has also come down by 20 paise per liter.
- Petrol price drop
Today in the capital Delhi, petrol is at Rs 101.64 per liter and diesel at Rs 89.07 per liter. At the same time, in the industrial capital Mumbai, diesel is Rs 96.64 per liter and petrol is Rs 107.66 per liter. Actually, the prices of petrol were stable for the last 35 days, and the price of diesel saw a decline in the last three days. And in the meantime, now petrol prices have been reduced by 20 paise per liter. Let us tell you that the last hike in petrol prices was on July 17, 2021.
- Petrol costlier by Rs 4.32 in June
Petrol and diesel prices were increased 16 times in June. In June, petrol became costlier by Rs 4.32. On June 1, the rate of petrol in Delhi was Rs 94.49 per liter, on June 30 the rate was Rs 98.81. Whereas diesel has become costlier by Rs 3.80. On June 1, the rate of diesel in Delhi was Rs 85.38, on June 30 the rate was Rs 89.18.
- Petrol became costlier by Rs 4.09 in May
Prior to this, the prices of petrol and diesel were increased 16 times in the month of May. Petrol-diesel prices were increased for 4 consecutive days from May 4, while due to elections, there was peace in the prices of petrol and diesel for the first 18 days. In the entire month of May, the rate of petrol in Delhi has become costlier by Rs 4.09. While diesel has become costlier by Rs 4.68 this month.
- Petrol costlier by Rs 21.27 in 1 year
Crude oil is trading below $70 per barrel in the international market. Petrol and diesel prices have increased wildly this year, while the reduction has happened only 4 times. Talking about this year only, petrol prices have increased by 15% so far. In March and April, when the assembly elections of 5 states were to be held, the prices remained stagnant. Rather, there was a cut thrice in March and once in April. Petrol prices have increased by Rs 21.27 in a year. On August 16, 2020, the rate of petrol in Delhi was Rs 80.57.
- Central and state governments charge heavy taxes
Central excise and state taxes account for 60 percent of the price of petrol, while it is 54 percent in diesel. Central excise duty on petrol is Rs 32.90 per liter, while that on diesel is Rs 31.80 per litre. Petrol and diesel prices usually change daily, based on benchmark international crude prices and foreign exchange rates.
- See for yourself the price of petrol and diesel in your city
You can also know the price of petrol and diesel through SMS. Indian Oil IOC gives you the facility to send RSP and your city code to the number 9224992249 in your mobile. The rate of petrol and diesel in your city will come immediately on your mobile. Each city has a different code, which the IOC gives you on its website.