Petrol, Diesel Fresh Prices Announced: Check Rates In Your City On March 24 – News18

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Petrol, Diesel Fresh Prices Announced: Check Rates In Your City On March 24 – News18


Fuel charges in India: Petrol and diesel costs at this time on March 24. (Representative picture)

As of March 24, the price of diesel is priced at Rs 89.62 per litre.

Petrol, Diesel Prices Today On March 24, 2024: Every morning at 6 am, oil advertising firms (OMCs) reveal the costs of petrol and diesel, no matter their stability. This constant course of, overseen by OMCs, entails adjusting costs based on modifications in world crude oil costs and overseas change charges. This methodical method ensures that buyers keep knowledgeable in regards to the each day modifications in gas prices.

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 In India (Check metropolis-clever charge record under)

Mumbai Petrol & Diesel Price

Mumbai Petrol Price Today

As of March 24, the value of petrol in Mumbai continued to exceed the Rs 100 mark, reaching Rs 104.21 per litre.

Diesel Price In Mumbai Today

As of March 24, the value of diesel in Mumbai is Rs 92.15 per litre.

Delhi Diesel Price Today

As of March 24, the price of diesel is priced at Rs 87.62 per litre.

Delhi Petrol Price Today

As of March 24, the price of petrol in Delhi is Rs 94.72 per litre.

Check metropolis-clever petrol and diesel costs on March 24;

City Petrol Price (Rs/litre) Diesel Price (Rs/litre)
Chennai 100.98 92.56
Kolkata 103.94 90.76
Noida 94.80 87.93
Lucknow 94.65 87.76
Bengaluru 99.84 85.93
Hyderabad 107.41 95.65
Jaipur 104.88 90.36
Trivandrum 107.25 96.13
Bhubaneswar 101.60 93.16

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 each day at 6 am primarily based on the worldwide value of crude oil. The authorities oversees gas costs via mechanisms corresponding to excise tax, base pricing, and value caps.

Factors Affecting Petrol And Diesel Prices In India 

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 last 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 last 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 might be expensive, and the refining bills might fluctuate primarily based on elements 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 also have an effect on their costs. If demand for these fuels will increase, it might result in larger costs.

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Namit Singh Sengar

Namit writes on private finance, financial system and types. Currently contributing to News18.com as a Senior Sub Editor within the enterprise vertical. Prior to tRead More



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