Last Updated: February 19, 2024, 07:54 IST
Fuel charges in India: Petrol and diesel costs right this moment on February 19. (Representative picture)
Petrol, and Diesel costs in Chennai, Kolkata, Bengaluru, Lucknow, Noida, and Gurugram on February 19, 2023
Petrol, Diesel Prices Today On February 19, 2024: Crude oil costs within the world market have as soon as once more reached round $83. Meanwhile, there’s a change within the costs of petrol and diesel launched by authorities oil firms on Monday morning. This morning, oil costs got here down in lots of cities of UP. However, there was no change in oil costs within the 4 metros of the nation like Delhi-Mumbai.
In India, the pricing of petrol and diesel is topic to influences like freight fees, 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 in Gautam Buddha Nagar turned costlier by 6 paise to Rs 96.65 per litre. Here diesel additionally elevated by 6 paise and is being offered at Rs 89.82 per litre. In Lucknow, the capital of UP, petrol has grow to be cheaper by 27 paise to Rs 96.47 per liter and diesel has fallen by 27 paise to Rs 89.66 per litre. Apart from this, in Gurugram, Haryana, petrol turned costlier by 7 paise and reached Rs 97.04 per litre, whereas diesel is being offered with a rise of seven paise at Rs 89.91 per litre.
Petrol Diesel Price Today In India (Check metropolis-smart price record under)
Mumbai Petrol & Diesel Price
As of February 19, 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 19, the price of diesel is priced at Rs 89.62 per litre.
Delhi Petrol Price Today
As of February 19, the price of petrol in Delhi is Rs 96.72 per litre.
Check metropolis-smart petrol and diesel costs on February 19:
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, gasoline costs have remained regular since May 2022, following a discount in gasoline taxes by the central authorities and several other states.
Fuel retail costs are adjusted by OMCs day by day at 6 am primarily based on the worldwide worth of crude oil. The authorities oversees gasoline 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 straight influences the final word price of those fuels.
The alternate price 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 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 might differ throughout states, exerting a notable affect on the final word costs of petrol and diesel.
The price of refining:
The remaining 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 pricey, and the refining bills might fluctuate primarily based 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 may well result in larger costs.