Govt cuts petrol price while raising diesel price

New petrol and diesel rates

According to the latest notification, petrol is now priced at Rs325.92 per litre, while high-speed diesel costs Rs382.25 per litre. The revised rates have taken effect from midnight.

The petrol price today has therefore fallen from the previous rate of Rs327.62 per litre. The reduction could provide some relief to motorists using petrol-powered cars and motorcycles.

Meanwhile, the diesel price today has increased from Rs380.86 to Rs382.25 per litre. The higher rate could affect people and businesses that depend heavily on diesel for transportation.

What has changed?

The government has reduced petrol by Rs1.70 per litre but raised high-speed diesel by Rs1.39 per litre.

For consumers checking the petrol price today, the latest rate stands at Rs325.92 per litre.

Those following the diesel price today will now have to pay Rs382.25 per litre under the revised notification.

The changes have come as fuel prices continue to be closely watched because international oil market conditions can influence domestic rates. Recent reports have also pointed to renewed pressure in global oil markets.

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Impact on consumers

The lower petrol rate may offer limited relief to private vehicle owners. However, the increase in diesel could create additional costs for transport operators and businesses using diesel-powered vehicles.

The petrol price today is now slightly lower than the previous rate, while the diesel price today has moved in the opposite direction.

Diesel is widely used by heavy vehicles and goods carriers, so changes in its price can affect transportation expenses. These costs can sometimes influence the prices of goods moved across the country.