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Petrol and diesel become expensive by Rs 10 in a year, know how much the price has gone

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new Delhi. Even though the price of petrol and diesel has not increased in the country for the 24th consecutive day, but in a year, petrol and Diesel price It has seen a rise of Rs 10 per liter. patrika.com looked at the prices of petrol and diesel for the day of 31 December 2019 and compared to today 31 December 2020. There was a lot of difference. The special thing is that even though the price of crude oil has seen a decline in Kovid year, but increased tax to increase revenue towards the Government of India and the State Governments. At the same time, the oil companies also benefited fiercely. Due to which the prices of petrol and diesel for the common people have reached the two-year high in the current phase.

price of petrol How much did I increase
According to information received from IOCL, on 31 December 2019, petrol prices were 75.14, 77.79, 80.79 and Rs 78.12 per liter in the four metros of Delhi, Kolkata, Mumbai and Chennai respectively. Whereas today, on December 31, 2020, petrol prices in the four metros i.e. Delhi, Kolkata, Mumbai and Chennai have gone up to Rs 83.71, 85.19, 90.34 and 86.51 per liter respectively. That is, petrol in Delhi has become expensive by 8.57 rupees in a year. While Kolkata has become expensive by Rs 7.40. In Mumbai, the maximum price has been increased to Rs 9.51 per liter. At the same time, Chennai has seen a rise of Rs 8.39 per liter.

How expensive is petrol in a year

Metropolitan Price as on 31 December 2019 (in rupees per liter) Price (in rupees per liter) as on 31 December 2020 Difference (in rupees per liter)
Delhi 75.14 83.71 8.57
Kolkata 77.79 85.19 7.40
Mumbai 80.79 90.34 9.51
Chennai 78.12 86.51 8.39

Diesel price rises wildly
On the other hand, when talking about the price of diesel, according to the information received from IOCL, the price of diesel was Rs 67.96, 70.38, 71.31 and Rs 71.86 per liter in the four metros of the country i.e. Delhi, Kolkata, Mumbai and Chennai on 31 December 2019. . Whereas today, on 31 December 2020, the price of petrol and diesel in the four metros of Delhi, Kolkata, Mumbai and Chennai has gone up to Rs 73.87, 77.44, 80.51 and 79.21 per liter respectively. That is, in one year, the price of diesel has increased by Rs 5.91 in Delhi. Whereas in Kolkata, this boom has been Rs 7.06 per liter. The highest price was seen in Mumbai at Rs 9.20 per liter. In Chennai, the price of diesel has increased by Rs 7.35 per liter.

Diesel price increases in a year

Metropolitan Price as on 31 December 2019 (in rupees per liter) Price (in rupees per liter) as on 31 December 2020 Difference (in rupees per liter)
Delhi 67.96 73.87 5.91
Kolkata 70.38 77.44 7.06
Mumbai 71.31 80.51 9.2
Chennai 71.86 79.21 7.35

Crude oil prices rise
On the other hand, there has been a big difference in the price of crude oil. Whenever there is a rise in the price of crude oil, there is a rise in the price of petrol and diesel. This thing is a little nauseous Ganges book. Brent crude oil is $ 16.43 cheaper in a year. Whereas WTI is down by $ 15.41 per barrel. On 31 December 2019, Brent crude oil was priced at $ 67.77 per barrel, while WTI was at $ 63.35 per barrel. Which appears to be trading at $ 51.34 and $ 48.21 per barrel on 31 December 2020 respectively. Crude oil was priced at Rs 4386 per barrel on 31 December 2019 on the local commodity futures market Multi Commodity Exchange. Which is trading at Rs 3536 per barrel on 31 December 2020. That is, 850 rupees per barrel has become cheaper in a year.

Kovid era government earned profits
In this case Ajay Kedia, director of Kedia Commodity, says that as the outbreak of Kovid was increasing, the price of crude oil was falling. At the same time, the consumption of petrol and diesel in the country was also decreasing. At the same time, started making oil profits with the central and state governments. With the increase in tax, oil companies started increasing the price. The oil companies are currently sitting at their best quarters. At the same time, the government’s revenue has also increased significantly.

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