Petrol Price Today: Staying updated on petrol and diesel prices is vital in today’s ever-changing economic landscape. On August 21, oil marketing companies in India released the latest rates of petrol and diesel. While international crude oil prices experienced a slight decline, the impact on domestic fuel prices remained relatively restrained. Brent crude oil is currently valued at $84.67 per barrel, and WTI at $81.23 per barrel.
Despite international dynamics, variations in petrol and diesel prices are observed across different states in India. Here’s a glimpse of the current price landscape:
Maharashtra: Petrol stands at Rs 106.31 per litre, while diesel is priced at Rs 94.27 per litre.
Madhya Pradesh: Petrol is retailing at Rs 108.65 per litre, and diesel at Rs 93.90 per litre.
Jharkhand: Petrol prices have risen to Rs 99.84 per litre, with diesel at Rs 94.70 per litre.
Gujarat: Petrol has escalated to Rs 96.64 per litre, accompanied by a diesel price of Rs 92.78 per litre.
Rajasthan: The petrol price stands at Rs 108.48 per litre, while diesel is being sold at Rs 93.72 per litre.
While international crude oil fluctuations contribute to the broader market trends, localized factors and taxation policies also influence the pricing scenario. As crude oil prices navigate a delicate balance, Indian consumers and stakeholders remain vigilant to assess the potential impact on domestic fuel prices.
The current petrol price adjustments reflect the intricate interplay between global and domestic dynamics, serving as a reminder of the intricate web connecting economies worldwide. The continued monitoring of petrol and diesel prices underscores the importance of remaining well-informed and prepared in a world where market dynamics can rapidly shift.