- PM Modi asked to use fuel, edible oil and gold wisely.
- Oil supply affected by Iran-America tension, speculation of price rise.
- No change in fuel prices today despite geopolitical tensions.
- Oil companies are losing Rs 1000-1700 crore every day on the sale of petrol and diesel.
Petrol-Diesel Price Today on May 13: People are worried about the energy security of the country due to PM Modi’s appeal during a program in Hyderabad on Sunday. During this, PM Modi had appealed to the countrymen to use fuel and edible oil wisely and avoid buying gold for the next one year.
Any change seen in prices today?
The ongoing war between America and Iran is affecting many countries as many major sea routes including the strategically important ‘Strait of Hormuz’ have been disrupted. This has affected the supply of crude oil and LPG. After PM Modi said this, now it is also being speculated that the Central Government is going to increase the prices of petrol and diesel. However, even today on May 13, there is no change in fuel prices in the country.
There was no change in the prices of petrol and diesel on Wednesday also, while due to geopolitical tension in West Asia, huge fluctuations are being seen in the global oil markets. It is noteworthy that Oil Marketing Companies (OMCs) revise the prices of petrol and diesel every day at around 6 am and set them in line with the current global crude oil prices and currency exchange rates.
loss to oil companies
Indian government oil companies are currently facing huge financial pressure. Indian Oil (IOC), Bharat Petroleum (BPCL) and Hindustan Petroleum (HPCL) are collectively incurring a loss of Rs 1000-1700 crore every day on the sale of petrol-diesel and domestic LPG. It is estimated that at present oil companies are incurring a loss of Rs 14 per liter on petrol, Rs 42 per liter on diesel and Rs 674 per cylinder on domestic cooking gas (LPG).
Today’s price of petrol and diesel
| City | Petrol price (per litre) | Diesel price (per litre) |
| Delhi | Rs 94.77 | Rs 87.67 |
| Mumbai | Rs 103.54 | Rs 90.03 |
| Chennai | Rs 100.80 | Rs 92.39 |
| Kolkata | Rs 105.45 | Rs 92.02 |
| Patna | Rs 105.18 | Rs 92.04 |
| Jaipur | Rs 104.88 | Rs 90.36 |
| Lucknow | Rs 94.65 | Rs 87.76 |
| Bhubaneswar | Rs 101.10 | Rs 92.69 |
| Bhopal | Rs 106.52 | 91.89 |
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