Petrol and diesel prices increased 48 times in a year, petrol reached near Rs 107 in Sriganganagar


New Delhi. Petrol and diesel prices continue to rise. In the month of June, after a day’s relief on Thursday, the government oil marketing companies again increased the prices of petrol and diesel the next day. In this way, the prices of petrol and diesel have been increased six times so far in the first 11 days of the month of June. After this increase, the prices of petrol and diesel have increased by 21 to 30 paise per liter according to the rate of VAT in different states across the country.

After today’s hike, the prices of petrol and diesel have been increased 48 times so far in this year i.e. 2021. Due to this, the price of petrol has increased by Rs 11.88 per liter and the price of diesel by Rs 12.63 per liter so far. After today’s increase, the price of petrol in the capital Delhi has increased to Rs 95.85, while the price of diesel has increased to Rs 86.75. In the 11 days of the month of June, so far in Delhi, the price of petrol has increased by Rs 1.62 per liter and diesel by Rs 1.60 per liter.

Earlier in the month of May also, the price of petrol and diesel was increased a total of 16 times from May 4. Due to this, the price of petrol was increased by Rs 3.83 per liter and the price of diesel by Rs 4.42 per liter in the month of May. In this way, only in 39 days from May 4 to today, June 11, the price of petrol in Delhi has increased by Rs 5.45 per liter and diesel by Rs 6.02 per liter.

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After the increase in the price of petrol and diesel today, petrol has crossed the level of Rs 102 and diesel Rs 94 per liter in Mumbai. Petrol is being sold in Mumbai today at a price of Rs 102.04 per liter. While diesel has come down to Rs 94.15 per liter. Similarly, the price of petrol in Chennai has gone up to Rs 97.19 and diesel to Rs 91.42 per liter.

After today’s hike, petrol is being sold in Kolkata at the rate of Rs 95.80 and diesel at Rs 89.60 per liter. Petrol in Bengaluru today crossed Rs 99 per liter level, while diesel touched Rs 92 mark. Today in Bangalore, petrol is being sold at Rs 99.05 and diesel at Rs 91.97 per liter. Similarly, in Bhopal, the capital of Madhya Pradesh, petrol has crossed the level of Rs 104 per liter. Today, the price of petrol in Bhopal has reached Rs 104.01, while diesel is being sold at Rs 95.35 per litre.

In Lucknow, the capital of Uttar Pradesh, the price of petrol has crossed the level of Rs 93 per liter to Rs 93.09. Whereas after today’s increase, diesel has crossed the level of Rs 87 to reach the level of Rs 87.15 per liter. Similarly, in Patna, the capital of Bihar, petrol is being sold today at Rs 97.95 per liter and diesel at Rs 92.05 per liter after crossing the level of Rs 92. In Jharkhand’s capital Ranchi also, petrol has surpassed the level of Rs 92. Today, petrol is being expensive here at Rs 92.08 per liter and diesel at Rs 91.58 per liter.

Petrol in Rajasthan’s capital Jaipur has reached a price of Rs 102.44 per liter after today’s increase, while diesel is being sold at Rs 95.67 per liter. After this increase in the price of petrol and diesel, petrol in Rajasthan’s Sri Ganganagar has reached Rs 107 per liter and diesel is very close to Rs 100 per liter. Today, petrol is being sold here at Rs 106.95 and diesel at Rs 99.81 per liter.

Similarly, in Anuppur of Madhya Pradesh, petrol has reached the price of Rs 106.91 per liter. Apart from this, petrol is being sold at Rs 106.23 in Rewa in Madhya Pradesh and Rs 106.19 in Balaghat. After today’s increase, the price of petrol in the capital Delhi has so far increased by Rs 11.88 per liter in the year 2021. At the same time, the price of diesel has also increased by Rs 12.63 per liter so far this year. On January 1 this year, the price of petrol in the capital Delhi was Rs 83.97 per liter, which has now jumped by Rs 11.88 to Rs 95.85 per liter today. Similarly, on January 1, the price of diesel in the capital Delhi was Rs 74.12 per liter, which has now increased by Rs 12.63 to Rs 86.75 per liter.

Government oil marketing companies have increased the price of petrol and diesel 48 times so far this year. At the same time, its price has been cut marginally only four times. Government Oil Marketing Companies have increased the prices of petrol and diesel 10 times in the month of January, 16 times in the month of February, 16 times in the month of May and now 6 times in the month of June so far. At the same time, there was a slight reduction in the price of petrol and diesel thrice in March and once in April.

Let us tell you that after increasing the price of petrol and diesel on February 27, the oil marketing companies did not make any increase for 65 days despite the increase in the price of crude oil in the international market. During this, the price of petrol and diesel was cut only four times in March and April. Then on May 4, 66 days after February 27, the price of petrol and diesel was increased for the 27th year. Now in 39 days from May 4 till today, government oil marketing companies have increased the price of diesel and petrol 22 times.

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Experts say that due to the continuous increase in the price of crude oil in the international market, oil marketing companies have suffered a lot in March and April. After this, there has been a continuous increase in the price of crude oil in the international market in May and June, due to which the price of petrol and diesel is also on fire in India.

In the month of February this year, crude oil (crude oil), which was sold in the international market at a price of $ 61 per barrel, is trading at the level of $ 72 per barrel today. However, the price of crude oil has softened by $ 0.18 per barrel today compared to yesterday and today it is trading in the international market at a price of $ 72.31 per barrel. Despite this, the loss of India’s oil marketing companies has so far been so high that it is not possible for them to reduce the price of petrol and diesel even after the fall in the price of crude oil in the international market. The only reason for the continuous increase in the price of petrol and diesel is the loss done to the oil marketing companies so far, which is increasing instead of decreasing.

Anurag Rai, Vice President, Bhumidev Commodities says that during the last one and a half to two months, corona infection has been controlled to a great extent across the world. Due to this, economic activities have started gaining momentum in many countries. Many countries, including developed countries, have opened their economies completely. Because of this, the consumption of petroleum products is increasing continuously all over the world. Despite this, OPEC and its allies are not ready to increase crude oil production at the moment.

According to Anurag Rai, due to this obstinate attitude of OPEC and its allies, the price of crude oil in the international market is increasing. In such a situation, if the price of crude oil does not come down in the international market soon, then consumers in countries like India, which depend on imports for their needs, will have to pay huge prices for petrol and diesel in the coming days as well. Gotta be ready.

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