Petrol, Diesel Prices Hiked For 2nd Day, Check Rates In Kolkata

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Kolkata: Retail fuel prices were hiked for the second straight day on Friday tracking the rise in international crude oil prices. After Friday’s revision, petrol became costlier by 7-8 paise while diesel price increased by 19-20 paise per litre across major cities of the country.

Petrol prices in Kolkata have been turning more volatile, as prices of crude oil have been showing a firm trend. It is important to check todays petrol price in Kolkata (₹72.65), especially if you are going for a long drive. Remember, petrol and diesel prices are revised daily, so you can lose much, if you are travelling on a long distance. The rupee has also moved lower against the dollar, which has made petrol prices in Kolkata more expensive than before. It is hoped that the government can reduce excise duties, so as to enable rates to become more cheaper in the coming days.

Todays diesel rates in Kolkata are very sensitive to global crude prices. We have been seeing an uptick in global crude prices, which has also pushed diesel rates in Kolkata higher. Also, prices of the petroleum product have now been aligned to market rates. This means diesel price in Kolkata will rise each time, global crude prices rise and the rupee falls against the dollar.

LPG price in Kolkata, are largely dependent on international prices of crude. When these go higher, LPG cylinder rates in Kolkata also tend to move higher. For the poorer sections, the government has subsidized these prices. Cooking gas is now easily accessible to most of the population in Kolkata. Price of Non-Subsidised LPG cylinders today in Kolkata is at ₹ 714.16.

These are revised every month by the government of India. LPG is known to be a very clean fuel, which is why it is preferred. There has been a substantial rise in the use of this gas for domestic and commercial purposes over the last few years.