Petrol, Diesel Price Today Aug 1: Rates STABLE on Sunday; No HIKE in 15 days; know latest cost in Delhi, Mumbai, Kolkata and Chennai

The prices of diesel and petrol remained stable on Sunday August 1 for the 15th day in a row continuing a much-needed relief for the consumer. The prices were last increased on 17 July Saturday. In Delhi, petrol price was hiked by 30 paise from Rs 101.54 per litre to Rs 101.84 per litre. The price of petrol in all the four metros have been over Rs 100 for some time now. In July, the price of petrol has gone up almost 3 per cent in Delhi.  

It must be noted that the Oil Marketing Companies (OMCs) release the prices of petrol and diesel on a daily basis.

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In July, petrol prices have been hiked nine times while diesel rates have seen a hike on five occasions and a cut on one occasion. 

If you are planning to fill your tank and want to know the current prices before stepping out of your homes, you can do it easily by doing this. You can check Petrol and Diesel price by sending SMS to 92249 92249. SMS "RSP <space>Dealer Code of Petrol Pump”. You can find the dealer code from IOCL website.

DELHI – On Wednesday, Petrol price was at Rs 101.84 while the Diesel Price was at Rs 89.87. 

MUMBAI - Petrol price was at Rs 107.83 while the Diesel Price was at Rs 97.45.

KOLKATA - Petrol price was at Rs 102.08 while the Diesel Price was at Rs 93.02. 

CHENNAI – Petrol price was at Rs 102.49 while the Diesel Price was at Rs 94.39.  

New Delhi – SMS Text - RSP 102072  

Mumbai – SMS Text - RSP 108412

Faridabad – SMS Text – RSP 102287    

Noida – SMS Text – RSP 155444    

Kolkata – SMS Text – RSP 119941    

Chennai – SMS Text – RSP 133593    

Ghaziabad - SMS Text – RSP 154410    

Gurgaon - SMS Text – RSP 102082    

Petrol, Diesel Price – Oil prices edged higher on Friday, with global benchmark Brent posting a fourth monthly gain, with demand growing faster than supply and vaccinations expected to alleviate the impact of a resurgence in COVID-19 infections across the world, Reuters reported.
Brent crude futures for September, which expired on Friday, rose 28 cents, or 0.4 per cent, to settle at USD 76.33 a barrel. The more active contract for October ended the session up 31 cents at USD 75.41 per barrel, the Reuters report said. Meanwhile,
US West Texas Intermediate (WTI) crude futures rose 33 cents, or 0.5 per cent, to end the session at USD 73.95 a barrel.

Two experts have previous told Zee Business that the US WTI or Nymex crude is expected to hover below USD 77-78 and may not go further up.

The price of crude oil is directly linked with the prices of petrol and diesel and any uptick may result into escalation of prices.