New Delhi11 minutes ago
- Copy link
Petrol and diesel prices in the country may be reduced. Petroleum and Natural Gas Minister Hardeep Singh Puri said that if the price of crude oil remains at $ 65 per barrel for a long time, then you can expect the price of petrol and diesel to be cut in the next 2-3 months. He said this in the ongoing ‘Energy Dialogue 2025’ in Delhi.
However, he also said that it depends on the stable situation. If there is a major geopolitical developments, such as Iran-Israel stress, the situation may change. Actually, oil prices have recently come to $ 65 per barrel, causing oil marketing companies to increase profits. In such a situation, the government can reduce the prices of petrol and diesel and give relief to the public.
Companies benefit by up to ₹ 15 per liter on petrol According to the rating edge Sia, at present, oil companies are making a profit of ₹ 12-15 per liter on petrol and ₹ 6.12 on diesel. Despite this, oil companies have not cut the prices of petrol and diesel for the last one year.
For the past several months, there is a possibility that the oil companies will reduce the price. Le Kis government increased ₹ 2 liter excise duty in April. Under its guise, companies survived reducing prices. Oil companies have been avoiding prices for a long time citing losses.
Center is taking around ₹ 22 tax per liter on petrol The central government charges ₹ 21.90 tax on petrol. The government of Delhi takes ₹ 15.40 VAT. The total tax is ₹ 37.30 liters. The central government takes ₹ 17.80 per liter on diesel. The Delhi government is taking ₹ 12.83 liters as VAT.
The total tax, including both, is ₹ 30.63 liters. Every person’s petrol consumption in the country is an average of 2.80 liters and 6.32 liters/month of diesel. That is, he pays tax on petrol every month and diesel ₹ 193.58 every month. Month is ₹ 298, including both.
The most expensive petrol in the country in Andhra Pradesh The most expensive petrol in the country is in Andhra Pradesh. One liter of petrol here is Rs 108.46 per liter. This is followed by Rs 107 /liter in Kerala, Rs 106 /liter in Madhya Pradesh and Rs 105 in Bihar. At the same time, the price of diesel in Andhra Pradesh is Rs 96/liter. The price of petrol was decorated in 2010 by linking to the global market and the price of diesel was made control free in 2014.
Petrol and diesel prices in major cities of the country
| City | Petrol (₹ per liter) | Diesel (₹ per liter) |
| Delhi | 94.77 | 87.67 |
| Mumbai | 103.50 | 90.03 |
| Kolkata | 103.94 | 90.76 |
| Chennai | 100.75 | 92.34 |
| Bhopal | 106.52 | 91.89 |
| Raipur | 99.44 | 93.39 |
| Jaipur | 104.72 | 90.21 |
| Chandigarh | 94.24 | 82.40 |
4,750 crore liter of annual petrol in the country The annual consumption of petrol in the country is 4,750 crore liters i.e. the annual consumption is 33.7 liters. The annual consumption of diesel is 10,700 crore liters i.e. 75.88 liters per year. That is, consumption of petrol and diesel annual per capita 109.6 liters i.e. 9.13 liters per month. This consumption increases at a rate of 10.6% annually.
