Fuel charges in India: Petrol and diesel costs right this moment on February 14. (Representative picture)
Petrol Diesel Price Today: Check metropolis-smart petrol and diesel costs on February 14 right here
Petrol, Diesel Prices Today On February 14, 2024: Oil costs elevated in lots of cities of Punjab, Haryana and Western UP on Wednesday morning amid the farmers’ motion. Government and oil firms right this moment launched new costs of petrol and diesel, that are displaying an increase. However, crude oil has additionally develop into costly within the world market and appears to be transferring in direction of $83.
In India, the pricing of petrol and diesel is topic to influences like freight prices, worth-added tax (VAT), and native taxes, leading to totally different charges throughout states.
Petrol Diesel Price Today Rate Changes
According to authorities oil firms, right this moment petrol grew to become costlier by 48 paise to Rs 98.62 per liter in Patiala metropolis of Punjab. Here diesel additionally elevated by 45 paise and is being offered at Rs 88.92 per litre. In Haryana’s Sonipat district, petrol has develop into costlier by 29 paise to Rs 97.1 per liter and diesel has develop into costlier by 28 paise to Rs 89.99 per litre. Apart from this, in Meerut district of UP, petrol grew to become costlier by 22 paise and reached Rs 96.63 per litre, whereas diesel is being offered at Rs 89.80 per liter with a rise of 21 paise.
Petrol Diesel Price Today In India (Check metropolis-smart fee checklist beneath)
Mumbai Petrol & Diesel Price
As of February 14, the value 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.
Delhi Diesel Price Today
As of February 14, the price of diesel is priced at Rs 89.62 per litre.
Delhi Petrol Price Today
As of February 14, the price of petrol in Delhi is Rs 96.72 per litre.
Check metropolis-smart petrol and diesel costs on February 14:
City
Petrol Price (Rs/litre)
Diesel Price (Rs/litre)
Chennai
102.63
94.24
Kolkata
106.03
92.76
Noida
96.79
89.96
Lucknow
96.57
89.76
Bengaluru
101.94
87.89
Hyderabad
109.66
97.82
Jaipur
108.48
93.72
Trivandrum
109.73
98.53
Bhubaneswar
103.19
94.75
In India, gas 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 each day at 6 am based mostly on the worldwide worth of crude oil. The authorities oversees gas costs by means of mechanisms comparable to excise tax, base pricing, and worth caps.
Factors Affecting Petrol And Diesel Prices In India
Crude oil worth: The major uncooked materials for the manufacturing of petrol and diesel is crude oil, and as such, its worth immediately influences the last word price of those fuels.
The alternate fee 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 fee 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 might differ throughout states, exerting a notable affect on the last word costs of petrol and diesel.
The price of refining:
The ultimate worth of petrol and diesel is moreover influenced by the bills incurred in refining crude oil into these fuels. The refining course of might be expensive, and the refining bills might fluctuate based mostly on components like the kind of crude oil utilised and the effectivity of the refinery.
The demand for petrol and diesel: The demand for petrol and diesel may have an effect on their costs. If demand for these fuels will increase, it might result in larger costs.
Aparna Deb is a Subeditor and writes for the enterprise vertical of News18.com. She has a nostril for information that issues. She is inquisitive and curious abo…Read More
