Fuel charges in India: Petrol and diesel costs right now on February 5. (Representative picture)
Petrol Price In Mumbai Today: As of February 05, the worth of petrol in Mumbai continued to exceed the Rs 100 mark
Petrol, Diesel Prices Today On February 05, 2024: Every day at 6 am, the costs of petrol and diesel are revealed, no matter whether or not they bear fluctuations or stay regular. This common incidence is a results of oil advertising and marketing corporations (OMCs) adjusting costs primarily based on shifts in international crude oil costs and overseas alternate charges.
Petrol Diesel Price Today In India (Check metropolis-clever price listing under)
Delhi Diesel Price Today
As of February 05, the price of diesel is priced at Rs 89.62 per litre.
Delhi Petrol Price Today
As of February 05, the price of petrol in Delhi is Rs 96.72 per litre.
Mumbai Petrol & Diesel Price
As of February 05, the worth of petrol in Mumbai continued to exceed the Rs 100 mark, reaching Rs 106.31 per litre, whereas diesel was priced at Rs 94.27 per litre.
Check metropolis-clever petrol and diesel costs on February 05;
| City | Petrol Price (Rs/litre) | Diesel Price (Rs/litre) |
| Chennai | 102.63 | 94.24 |
| Kolkata | 106.03 | 92.76 |
| Noida | 96.59 | 89.82 |
| Lucknow | 96.62 | 89.66 |
| Bengaluru | 101.94 | 87.89 |
| Hyderabad | 109.66 | 97.82 |
| Jaipur | 108.48 | 93.72 |
| Trivandrum | 109.73 | 98.24 |
| Bhubaneswar | 103.19 | 94.75 |
In India, the pricing of petrol and diesel is topic to influences like freight expenses, worth-added tax (VAT), and native taxes, leading to totally different charges throughout states
(*5*)
Fuel costs have remained regular since May 2022, following a discount in gas taxes by the central authorities and a number of other states.
Fuel retail costs are adjusted by OMCs day by day at 6 am primarily based on the worldwide value of crude oil. The authorities oversees gas costs by mechanisms resembling excise tax, base pricing, and value caps.
Factors Affecting Petrol And Diesel Prices In IndiaÂ
Crude oil value: The main uncooked materials for the manufacturing of petrol and diesel is crude oil, and as such, its value instantly influences the final word price of those fuels.
The alternate price between the Indian rupee and the US greenback: As a significant importer of crude oil, India’s petrol and diesel costs are additionally influenced by the alternate price between the Indian rupee and the US greenback.
Tax: Various taxes on petrol and diesel are imposed by each the central and state governments. These taxes could differ throughout states, exerting a notable affect on the final word costs of petrol and diesel.
The price of refining:
The last value of petrol and diesel is moreover influenced by the bills incurred in refining crude oil into these fuels. The refining course of could be expensive, and the refining bills could fluctuate primarily based on elements like the kind of crude oil utilised 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 result in greater costs.
