Last Updated: February 21, 2024, 08:14 IST
Fuel charges in India: Petrol and diesel costs immediately on February 21. (Representative picture)
Petrol, and Diesel costs in Chennai, Kolkata, Bengaluru, Lucknow, Noida, and Gurugram on February 21, 2023
Petrol, Diesel Prices Today On February 21, 2024: Crude oil costs have as soon as once more fallen within the international market and are costing under $83. Meanwhile, there’s a change within the costs of petrol and diesel launched by authorities oil corporations on Wednesday morning. This morning, the costs of petrol and diesel have elevated essentially the most in Azamgarh district of UP. However, oil grew to become cheaper within the capital Lucknow, whereas in Bihar too, oil costs have fallen immediately.
In India, the pricing of petrol and diesel is topic to influences like freight fees, worth-added tax (VAT), and native taxes, leading to completely different charges throughout states.
Petrol Diesel Price Today Rate Changes
According to authorities oil corporations, petrol grew to become costlier by 91 paise to Rs 97.73 per liter in Azamgarh district immediately. Here diesel additionally elevated by 89 paise and is being offered at Rs 91.08 per litre. In Uttar Pradesh’s capital Lucknow, petrol has grow to be cheaper by 2 paise to Rs 96.57 a liter and diesel has fallen by 2 paise to Rs 89.76 a litre. Apart from this, in Bihar’s capital Patna, petrol has grow to be cheaper by 21 paise and has reached Rs 107.59 per litre, whereas diesel is being offered at Rs 94.36 per liter with a fall of 20 paise.
Petrol Diesel Price Today In India (Check metropolis-smart charge listing under)
Mumbai Petrol & Diesel Price
As of February 21, 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 21, the price of diesel is priced at Rs 89.62 per litre.
Delhi Petrol Price Today
As of February 21, the price of petrol in Delhi is Rs 96.72 per litre.
Check metropolis-smart petrol and diesel costs on February 21:
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 several other states.
Fuel retail costs are adjusted by OMCs every 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 IndiaÂ
Crude oil worth: The main uncooked materials for the manufacturing of petrol and diesel is crude oil, and as such, its worth instantly influences the final word price of those fuels.
The change charge between the Indian rupee and the US greenback: As a serious importer of crude oil, India’s petrol and diesel costs are additionally influenced by the change charge 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 final word costs of petrol and diesel.
The price of refining:
The last worth of petrol and diesel is moreover influenced by the bills incurred in refining crude oil into these fuels. The refining course of will 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:Â The demand for petrol and diesel can even have an effect on their costs. If demand for these fuels will increase, it will possibly result in larger costs.