On Thursday, May 18, the cost of gasoline and diesel was the same in Bengaluru, Mumbai, Kolkata, and New Delhi. Over the last eleven months, prices for gasoline and diesel have remained constant. Individual cities, however, see daily pricing changes. Oil prices have climbed today in numerous NCR areas, including Noida and Ghaziabad.Today, the price of gasoline in Noida is Rs 97 per litre.
Government oil firms report that this morning, the price of gasoline in Gautam Budh Nagar (Noida-Greater Noida) increased by 24 paise to Rs 97 per liter and the price of diesel increased by 21 paise to Rs 90.14 per liter.Today in Ghaziabad, the price of gasoline increased by 14 paise to reach Rs 96.58 a liter, while the price of diesel increased by 13 paise to reach Rs 89.75 per liter.In Lucknow, the capital of UP, the price of gasoline increased by 5 pesos to Rs 96.62 a litre.In addition, the price of fuel has increased by 5 pence to Rs 89.81 for a litre.
At the moment, a litre of gasoline costs Rs 96.72 in Delhi, while a litre of diesel costs Rs 89.62. While in Mumbai, a litre of gasoline costs Rs 106.31 and a litre of diesel costs Rs 94.27. Diesel costs Rs 92.76 and gasoline Rs 106.03 per litre in Kolkata, respectively. On the other side, in Chennai, gasoline costs Rs 102.63 and diesel Rs 94.24 a litre.
Prices for gasoline and diesel are set in India by oil marketing companies (OMCs) such Indian Oil, Bharat Petroleum, and Hindustan Petroleum. Rates are set daily, according on the global price of crude oil, and this is done on an ongoing basis.
Why do gas prices differ across states?
At six in the morning on each day, the rates—new or unchanged—are declared. However, they differ from one state to the next owing to factors like Value Added Tax (VAT), freight costs, municipal taxes, etc.
Prices for gasoline and diesel on May 18, 2023, in Chennai, Kolkata, Bengaluru, Lucknow, Noida, and Gurugram
How Can I Check City-Wise Gas and Diesel Prices?
Additionally, SMS may be used to find out the daily price of gasoline and diesel. consumers of Indian Oil may obtain information by texting RSP and their city code to 9224992249, while consumers of BPCL can get information by sending an SMS with RSP and their city code to 9223112222. However, HPCL customers may find out the price by texting HPPrice to the number 9222201122 along with their city code.
Today’s Crude Oil Price
After rising by about 3% the previous day, oil prices dipped somewhat on Thursday as supply fears subsided. Futures for Brent oil decreased by 24 cents to $76.72 a barrel. West Texas Intermediate crude for the United States fell 21 cents to $72.62.