Petrol-Diesel Prices 05 May: According to the new rate released today, today i.e. on May 4, 2022, for the 29th consecutive day, the prices of petrol-diesel are stable.
The last time on April 6, the price of petrol and diesel was increased by 80 paise. Know what is today’s price in your city.
Petrol Diesel Rate Today: Amidst the ever-increasing inflation in the country, there has been no change in the prices of petrol and diesel even today (on May 5). Petrol and diesel prices are stable for the last 28 days, this is news of relief. The last time the prices of petrol and diesel were increased on 6th April. Then petrol and diesel became costlier by 80 paise in Delhi.
Why increase the price of petrol and diesel?
Between March 22 and April 6, the prices of petrol and diesel have increased by about Rs 10 per liter. Experts say that the biggest reason behind the increase in the rate of petrol and diesel is the Russia-Ukraine war. After the war that started in February, the price of crude oil increased worldwide.
Know the rate of your city here
- Delhi petrol Rs 105.41 and diesel Rs 96.67 per liter
- Mumbai petrol Rs 120.51 and diesel Rs 104.77 per liter
- Chennai petrol Rs 110.85 and diesel Rs 100.94 per liter
- Kolkata petrol Rs 115.12 and diesel Rs 99.83 per liter
- Noida petrol Rs 105.47 and diesel Rs 97.03 per liter
- Petrol in Lucknow Rs 105.25 and Diesel Rs 96.83 per liter
- Petrol in Port Blair Rs 91.45 and Diesel Rs 85.83 per liter
- Petrol in Patna Rs 116.23 and Diesel Rs 101.06 per liter
cheapest and costliest petrol and diesel
The costliest petrol in the country is Rs 123.46 per liter in Parbhani in Maharashtra, while diesel is priced at Rs 107.61 per liter in Chittoor, Andhra Pradesh. At the same time, the cheapest petrol in Port Blair is Rs 91.45 and diesel is Rs 85.83 per liter.
how will the price come down
Recently, Prime Minister Narendra Modi had told that the central government had reduced the excise duty on petrol and diesel, but some states are not reducing their taxes. He had said that the states should reduce the tax in the ‘national interest’. This means that the Center has reduced the excise duty, now if all the states also reduce the tax, then petrol and diesel will become cheaper.
Prices change daily at 6 am
The new prices of petrol and diesel come into effect at 6 am every day. After adding excise duty, dealer commission and many other things to the price of petrol and diesel, its price almost doubles.
