Price details of Petrol, Diesel and LPG

Price details of Petrol, Diesel and LPG

LOK SABHA

UNSTARRED QUESTION NO. 1122
TO BE ANSWERED ON 08 February, 2024

Price details of Petrol, Diesel and LPG

SHRI T.N. PRATHAPAN

Will the Minister of PETROLEUM AND NATURAL GAS be pleased to state:

(a) whether the Government has the data of price details of Petrol, Diesel and LPG in the country during the last twelve years and the current year and if so, the details thereof; and

price_details_of_petrol_diesel_and_lpg

(b) the time period and details of the highest and lowest prices registered for Petrol, Diesel and LPG in the country during the last twelve years and the current year along with the price details of crude oil during that time period?

ANSWER

MINISTER OF STATE IN THE MINISTRY OF PETROLEUM AND NATURAL GAS
(SHRI RAMESWAR TELI)

(a) & (b): The details of yearly average prices of petrol, diesel and domestic LPG in Delhi since 2011-12 are at Annexure.

The details of highest and lowest Retail Selling Prices (RSP) of petrol and diesel at Delhi during the last 12 years are given below:

 

Product

 

Particulars

 

RSP (Rs./Ltr)

Year Crude Oil price during the year
Diesel Lowest 41.29 2012-13* 107.97
Highest 98.42 2021-22 79.18
Petrol Lowest 56.49 2015-16 46.17
Highest 110.04 2021-22 79.18

Source: Petroleum Planning and Analysis Cell (PPAC)
*Prices of Diesel were deregulated from October 2014.

Prices of LPG in the country are based on Saudi Contract Price (CP), the benchmark for international prices of LPG.

The details of highest and lowest Retail Selling Prices of domestic LPG at Delhi since 18.09.2012 are given below:

Particulars Period

RSP of Domestic LPG at Delhi (Rs./14.2 KG Cyl.)*

Corresponding Saudi CP($/MT)

Lowest September 2016 466.50 310.00
Highest January 2014 1,241.00 1016.00

Source: Petroleum Planning and Analysis Cell (PPAC)
*Price notified for Non-subsidised Domestic LPG price introduced w.e.f. 18-Sept-2012.

Annexure

Annexure referred to in reply to Lok Sabha Unstarred Question No. 1122 asked by Shri T.N. Prathapan to be answered on 08.02.2024 regarding “Price details of Petrol, Diesel and LPG”

 

Year

Average Product RSP (Delhi) (Rs/ltr)

Average RSP of domestic LPG at Delhi (Rs/14.2kg cylinder)

Petrol Diesel
2011-12 64.71 40.27 NA
2012-13 68.75 45.26 897.45*
2013-14 69.76 51.97 968.08
2014-15 66.37 53.38 832.57
2015-16 61.59 47.01 586.09
2016-17 64.61 53.24 554.17
2017-18 69.20 58.78 657.41
2018-19 75.37 68.22 754.33
2019-20 72.69 65.78 688.03
2020-21 80.84 73.58 650.80
2021-22 98.05 87.42 866.85
2022-23 97.90 90.58 1,038.70
2023-24

(till 31 January 2024)

96.72 89.62 1001.69

Source: Petroleum Planning and Analysis Cell (PPAC)
*Price notified for Non-subsidised Domestic LPG price introduced w.e.f. 18-Sept-2012.

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