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Petrol And Diesel Price Today: Check City-Wise Rates Across India Including In Delhi, Mumbai And Kolkata.
Petrol and diesel rates on January 12
Petrol, Diesel Prices Today On January 12, 2024: Oil advertising and marketing firms (OMCs) alter petroleum and diesel rates daily at 6 a.m. This maintains rates clear and matches them with international petroleum market patterns. The adjustments rely on global petroleum rates and money exchange prices, making certain customers obtain one of the most precise and upgraded gas prices.
Petrol Diesel Price Today In India (Check city-wise price table listed below)
Check city-wise petroleum and diesel rates on January 12
| City | Petrol Price (Rs/ litre) | Diesel Price (Rs/ litre) |
| Delhi | 94.72 | 87.67 |
| Mumbai | 103.50 | 90.03 |
| Chennai | 100.90 | 92.48 |
| Kolkata | 105.01 | 91.82 |
| Noida | 94.87 | 88.01 |
| Lucknow | 94.69 | 87.81 |
| Bengaluru | 102.92 | 88.99 |
| Hyderabad | 107.46 | 95.70 |
| Jaipur | 104.38 | 89.90 |
| Trivandrum | 107.40 | 96.28 |
| Bhubaneswar | 101.39 | 92.96 |
Unchanged Fuel Prices Since May 2022
India’s petroleum and diesel rates have actually stayed secure given that May 2022. This complied with a considerable tax obligation decrease by the main federal government and a number of state federal governments to supply alleviation to customers. Despite the cost security, the federal government remains to manage gas prices with import tax responsibilities, base prices, and cost caps.
Key Factors Affecting Fuel Prices in India
Global Crude Oil Prices
Crude oil, the raw product for petroleum and diesel, is a key motorist of gas rates. Fluctuations in petroleum rates straight affect the expense at the pump.
Exchange Rate
India imports a lot of its petroleum, making the rupee-to-dollar currency exchange rate an important element. Any rupee devaluation raises the expense of imports, elevating gas rates.
Taxes
Central and state federal governments impose import tax responsibilities and value-added tax obligations (BARREL) on petroleum and diesel. These tax obligations differ by state, resulting in 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 rates.
Refining Costs
Refining petroleum right into useful gas includes in the general expense. Refining prices rely on aspects like the high quality of petroleum and the effectiveness of refineries.
Fuel Demand
Rising need for petroleum and diesel, specifically throughout peak periods, can drive rates higher.
Daily updates on petroleum and diesel rates supply customers with essential understandings right into the progressing gas expense landscape, affected by both international and regional aspects.
