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Petrol, Diesel Fresh Prices Announced For October 16: Check Fuel Rates In Your City

Petrol, and Diesel prices in Chennai, Kolkata, Bengaluru, Lucknow, Noida, and Gurugram on October 16, 2023

Petrol, and Diesel Prices on October 16: There is a slight decline in the price of crude oil in the international market today. However, after the rise of the last few days, Brent crude has once again crossed the $90 mark. On Friday around 6 am, WTI crude was being sold at $ 87.18 per barrel. At the same time, Brent crude is available at $ 90.45 per barrel.

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Oil marketing companies in the country have released the latest rates for petrol and diesel. In India, fuel prices are revised every morning at 6 am. Before June 2017, price revision was done every 15 days.

In Punjab, petrol has become costlier by 55 paise and diesel by 54 paise. In Rajasthan, the price of petrol is increasing by 37 paise and the price of diesel is increasing by 34 paise. The prices of petrol and diesel are also increasing in Uttar Pradesh, Goa, Gujarat and Maharashtra. On the other hand, petrol became cheaper by 44 paise in West Bengal and 47 paise in Chhattisgarh. Here diesel has become cheaper by 41 and 47 paise respectively.

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At present, petrol in Delhi is being sold at Rs 96.72 a litre while diesel is being sold at Rs 89.62 a litre. Whereas in Mumbai, petrol is available at Rs 106.31 and diesel at Rs 94.27 per litre. While petrol in Kolkata is Rs 106.03 and diesel is Rs 92.76 per litre. On the other hand, petrol is being sold at Rs 102.63 and diesel at Rs 94.24 per litre in Chennai.

In India, oil marketing companies (OMCs) such as Indian Oil, Bharat Petroleum and Hindustan Petroleum determine petrol and diesel prices. This is done on a daily basis, and rates are determined in accordance with the price of crude oil throughout the world.

Why do fuel prices vary across states?

The rates for each day, whether new or unchanged, are announced at 6 am on the day. These, however, vary from state to state; this is due to criteria such as Value Added Tax (VAT), freight charges, local taxes, etc.

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Petrol, and Diesel prices in Chennai, Kolkata, Bengaluru, Lucknow, Noida, and Gurugram on October 16, 2023

CITYPETROL (PER LITRE)DIESEL (PER LITRE)
BengaluruRs 101.94Rs 87.89
ChandigarhRs 96.20Rs 84.26
ChennaiRs 102.86Rs 94.46
GurugramRs 96.84Rs 89.72
KolkataRs 106.03Rs 92.76
LucknowRs 96.57Rs 89.76
MumbaiRs 106.31Rs 94.27
New DelhiRs 96.72Rs 89.62
NoidaRs 96.79Rs 89.96

How to Check Petrol, and Diesel Prices City-Wise?

You can also know the daily rate of petrol and diesel through SMS. Indian Oil customers can get information by sending RSP and their city code to 9224992249 and BPCL customers can get information by sending an SMS to 9223112222 by typing RSP and their city code. Whereas, HPCL consumers can know the price by sending HPPrice and their city code to 9222201122.

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