Fuel prices today: Petrol, diesel get cheaper as global crude falls

Petrol and diesel prices in the country have fallen again in the wake of softening in global oil prices as the extended run of COVID-19 depressed demands and created in glut in the market.

On Saturday, the pump price of petrol and diesel fell by 13 and 12 paisa per litre, respectively in the national capital. Accordingly, petrol is now at Rs 81.86 a litre and diesel Rs 72.93 a litre in Delhi.

This is second fall in petrol prices and fifth reduction in diesel prices this month. Prior to this month while petrol prices had risen, diesel prices remained steady or fell on a few days.

The latest changes in retail prices of auto fuel is in line with global price movement of the product.

In international market, crude prices have also shed 15 per cent gains in the last few days reaching below $40 a barrel from the level of $45 a barrel and rising just in the previous month.

Fuel rates for the day announced at 6 AM

Petrol and diesel prices, if changed, are updated every day at 6 AM. The new rates come into effect from 6 AM onwards. The price of petrol and diesel almost doubles after adding excise duty, dealer commission and other items.

How to check petrol, diesel prices in your city

You can also know the daily rate of petrol and diesel in your city via SMS. Indian Oil customers can text 'RSP' at 9224992249 and BPCL consumers can write 'RSP' and send the message to 9223112222. HPCL consumers can find out the price by typing 'HPPrice' and sending the SMS to 9222201122.