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Petrol And Diesel Price Today: Check City-Wise Rates Across India Including In Delhi, Mumbai And Kolkata.
Petrol and diesel costs on December 20.
Petrol, Diesel Prices Today On December 20, 2024: Oil Marketing Companies (OMCs) change fuel and diesel costs daily at 6 am, making sure openness and straightening residential gas prices with international petroleum market fads. These day-to-day modifications are driven by changes in worldwide petroleum costs and money exchange prices, offering customers with exact and present gas prices.
Petrol Diesel Price Today In India (Check city-wise price table listed below)
Check city-wise fuel and diesel costs on December 20
| City | Petrol Price (Rs/ litre) | Diesel Price (Rs/ litre) |
| Delhi | 94.72 | 87.62 |
| Mumbai | 103.44 | 89.97 |
| Chennai | 100.75 | 92.56 |
| Kolkata | 104.95 | 91.76 |
| Noida | 94.81 | 87.93 |
| Lucknow | 94.65 | 87.76 |
| Bengaluru | 102.86 | 88.94 |
| Hyderabad | 107.41 | 95.65 |
| Jaipur | 104.88 | 90.36 |
| Trivandrum | 107.25 | 96.13 |
| Bhubaneswar | 100.97 | 92.46 |
Unchanged Fuel Prices Since May 2022
India’s fuel and diesel costs have actually stayed secure because May 2022. This adhered to a considerable tax obligation decrease by the main federal government and numerous state federal governments to give alleviation to customers. Despite the cost security, the federal government remains to control gas prices with devices like import tax obligations, base prices, and cost caps.
Key Factors Affecting Fuel Prices in India
Global Crude Oil Prices
Crude oil, the raw product for fuel and diesel, is a main vehicle driver of gas costs. Fluctuations in petroleum costs straight influence the price at the pump.
Exchange Rate
India imports most of its petroleum, making the rupee-to-dollar currency exchange rate a crucial element. Any devaluation of the rupee boosts the price of imports, elevating gas costs.
Taxes
Central and state federal governments impose import tax obligations and value-added tax obligations (BARREL) on fuel and diesel. These tax obligations differ by state, bring about cost distinctions throughout the nation.
Freight and Local Charges
Transportation prices, state-specific levies, and regional community tax obligations add to local variants in gas costs.
Refining Costs
The procedure of refining petroleum right into functional gas contributes to the total price. Refining prices depend upon variables like the high quality of petroleum and the performance of refineries.
Fuel Demand
Rising need for fuel and diesel, especially throughout peak periods, can drive costs higher.
Daily updates on fuel and diesel costs give customers with critical understandings right into the advancing gas price landscape, affected by both international and regional variables.
