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Petrol Diesel Prices, on the last day of the month, there is good news!

petrol diesel prices

Since last year, there hasn’t been a significant shift in petrol diesel prices. The oil marketing corporations publish the prices for petrol and diesel (Petrol-Diesel Price) each morning. Companies have also released rates for May 31. From the perspective of the companies, the price did not change today. However, the cost of oil recently decreased little in Noida, Gurugram, Ghaziabad, and Jaipur. On the other hand, the price of crude oil is continuously falling.

Today’s petrol diesel prices

The oil marketing companies’ published pricing for petrol and diesel for May 31 has not changed. Nayara Energy, a private sector retailer, announced a price cut of Re 1 for fuel and diesel earlier today. People can currently purchase fuel and diesel from Reliance Industries Limited (RIL) and BP PLC (BP PLC) for less money than they would from Indian Oil and Hindustan Petroleum.

Let us inform you that

the oil marketing companies, acting on behalf of the oil corporations, release the most recent petrol and diesel prices each day at 6 a.m. Companies update their websites with new prices whenever there are any. Please provide your city’s petrol and diesel prices, including those for Delhi, Mumbai, Kolkata, and Chennai.

Crude oil is now selling for about $70 per barrel

down from previous highs of almost $100 per barrel. On Wednesday morning, the price of WTI crude was $ 69.43 per barrel and the price of Brent crude was $ 73.55 per barrel. In order to relieve the public from the high cost of petrol and diesel, the federal government reduced excise duty in May 2022. Following that, diesel and petrol became 8 and 5 respectively cheaper per litre.

Petrol-Diesel Prices as of May 31, 2023, City and Oil Prices

Read more: RTGS & NEFT are no longer in use! RBI introduced t new payment system

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