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Petrol Diesel Price Today In India Check city-wise price table currently
Petrol and diesel costs on November 16
Petrol, Diesel Prices Today On November 16, 2024: Every day at 6 a.m., oil advertising and marketing business (OMCs) upgrade gasoline and diesel costs, supplying uniformity in spite of the volatility of these products. These modifications mirror adjustments in international petroleum costs and variations in international exchange prices, guaranteeing customers remain notified regarding the current gas prices.
Petrol Diesel Price Today In India (Check city-wise price table listed below)
Check city-wise gasoline and diesel costs on November 16
| 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 |
In India, gas costs have actually stayed consistent considering that May 2022, complying with a decrease in gas tax obligations by the main federal government and numerous states.
Fuel list prices are readjusted by OMCs daily at 6 am based upon the international cost of petroleum. The federal government looks after gas costs via excise tax obligation, base prices, and cost caps.
Factors Affecting Petrol And Diesel Prices In India
In India, gasoline and diesel costs are affected by numerous variables, consisting of products costs, value-added tax obligation (BARREL), and regional tax obligations, causing differing prices throughout various states.
Crude oil cost: The main resources for the manufacturing of gasoline and diesel is petroleum; thus, its cost straight affects the utmost price of these gas.
The currency exchange rate in between the Indian rupee and the United States buck: As a significant importer of petroleum, India’s gasoline and diesel costs are additionally affected by the currency exchange rate in between the Indian and United States buck.
Tax: Various tax obligations on gasoline and diesel are enforced by both the main and state federal governments. These tax obligations might vary throughout states, putting in a significant impact on the utmost costs of gasoline and diesel.
The price of refining:
The last cost of gasoline and diesel is in addition affected by the expenditures sustained in refining petroleum right into these gas. The refining procedure can be pricey, and the refining expenditures might vary based upon variables like the sort of petroleum made use of and the refinery’s effectiveness.
The need for gasoline and diesel: The need for gasoline and diesel can additionally impact their costs. If need for these gas boosts, it can bring about greater costs.
