Petrol, Diesel Prices Today On October 14, 2024: Every day at 6 a.m., oil promoting enterprise (OMCs) improve petroleum and diesel charges, providing uniformity regardless of the volatility of those property. These modifications mirror modifications in worldwide petroleum charges and modifications in worldwide change costs, guaranteeing prospects stay educated regarding the present gasoline bills.
Petrol Diesel Price Today In India (Check city-wise value desk listed under)
Check city-wise petroleum and diesel charges on October 14
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, gasoline charges have truly continued to be constant as a result of May 2022, complying with a lower in gasoline tax obligations by the primary federal authorities and plenty of states.
Fuel record costs are modified by OMCs day by day at 6 am primarily based upon the worldwide price of petroleum. The federal authorities supervises gasoline charges through excise tax obligation, base charges, and price caps.
Factors Affecting Petrol And Diesel Prices In India
In India, petroleum and diesel charges are affected by plenty of variables, consisting of merchandise charges, value-added tax obligation (BARREL), and regional tax obligations, resulting in differing costs all through numerous states.
Crude oil price: The essential fundamental materials for the manufacturing of petroleum and diesel is petroleum; thus, its price straight impacts one of the best expense of those gasoline.
The foreign money change price in between the Indian rupee and the United States buck: As a major importer of petroleum, India’s petroleum and diesel charges are likewise affected by the foreign money change price in between the Indian and United States buck.
Tax: Various tax obligations on petroleum and diesel are enforced by each the primary and state federal governments. These tax obligations would possibly range all through states, placing in a noteworthy influence on one of the best charges of petroleum and diesel.
The expense of refining:
The final price of petroleum and diesel is as well as affected by the prices sustained in refining petroleum proper into these gasoline. The refining process may be expensive, and the refining prices would possibly range primarily based upon variables just like the type of petroleum used and the refinery’s efficiency.
The want for petroleum and diesel: The want for petroleum and diesel can likewise influence their charges. If want for these gasoline boosts, it could result in higher charges.