Fuel charges in India: Petrol and diesel costs at present on December 03 (Representative picture)
As of December 03, in Delhi, the worth of diesel stands at Rs 89.62 per litre.
Petrol, Diesel Prices Today On December 03: The costs of petrol and diesel are revealed day by day at 6 am, no matter whether or not they have modified or remained fixed. This is as a result of the oil advertising corporations (OMCs) replace their costs based mostly on the worldwide crude oil costs and the overseas change charges.
Delhi Petrol & Diesel Price
As of December 03, in Delhi, the worth of petrol stands at Rs 96.72 per litre, whereas diesel is priced at Rs 89.62 per litre.
Mumbai Petrol & Diesel Price
In Mumbai, petrol worth on December 03 continued to retail above Rs 100 mark at Rs 106.31 for a litre, whereas diesel was being bought at Rs 94.27 per litre.
Check metropolis-sensible petrol and diesel costs on December 03;
| City | Petrol Price (Rs/litre) | Diesel Price (Rs/litre) |
| Chennai | 102.63 | 94.24 |
| Kolkata | 106.03 | 92.76 |
| Noida | 96.92 | 90.08 |
| Lucknow | 96.57 | 89.76 |
| Bengaluru | 101.99 | 87.94 |
| Hyderabad | 109.66 | 97.82 |
| Jaipur | 108.48 | 93.72 |
| Trivandrum | 109.45 | 98.27 |
| Bhubaneswar | 103.04 | 94.61 |
In India, petrol and diesel costs are selected the premise of a number of elements similar to freight expenses, worth-added tax (VAT) and native taxes. This results in the charges being totally different from state to state.
The gasoline charges stay unchanged since May 2022, when the central authorities and several other states had reduce gasoline taxes.
OMCs change gasoline retail costs day-after-day at 6 am in accordance with the worth of crude oil all through the world. Through excise tax, base pricing, and worth caps, authorities controls gasoline costs.
Factors Affecting Petrol And Diesel Prices In IndiaÂ
Crude oil worth:Â Crude oil is the principle uncooked materials used to provide petrol and diesel, so its worth has a direct influence on the ultimate value of those fuels.
Exchange price between the Indian rupee and the US greenback:Â India imports most of its crude oil, so the change price between the Indian rupee and the US greenback additionally impacts the worth of petrol and diesel.
Tax:Â The central and state governments levy numerous taxes on petrol and diesel. These taxes can range from state to state, they usually can have a major influence on the ultimate worth of petrol and diesel.
The value of refining:Â The value of refining crude oil into petrol and diesel additionally impacts the ultimate worth of those fuels. The refining course of may be costly, and the price of refining can range relying on numerous elements, similar to the kind of crude oil used and the effectivity of the refinery.
The demand for petrol and diesel:Â The demand for petrol and diesel can even have an effect on their costs. If demand for these fuels will increase, it could actually result in larger costs.
