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Fuel charges in India: Petrol and diesel costs as we speak on December 15 (Representative picture)
Petrol, Diesel Fresh Prices Announced: Check Rates In Your City On December 15
Petrol, Diesel Prices Today On December 15: The costs of petrol and diesel are revealed day by day at 6 am, no matter whether or not they have modified or remained fixed. This is as a result of the oil advertising firms (OMCs) replace their costs primarily based on the worldwide crude oil costs and the international change charges.
Mumbai Petrol & Diesel Price
In Mumbai, petrol value on December 15 continued to retail above Rs 100 mark at Rs 106.31 for a litre, whereas diesel was being bought at Rs 94.27 per litre.
Delhi Petrol & Diesel Price
As of December 15, in Delhi, the worth of petrol stands at Rs 96.72 per litre, whereas diesel is priced at Rs 89.62 per litre.
Check city-wise petrol and diesel costs on December 15;
| City | Petrol Price (Rs/litre) | Diesel Price (Rs/litre) |
| Chennai | 102.63 | 94.24 |
| Kolkata | 106.03 | 92.76 |
| Noida | 96.92 | 90.08 |
| Lucknow | 96.57 | 89.76 |
| Bengaluru | 101.99 | 87.94 |
| Hyderabad | 109.66 | 97.82 |
| Jaipur | 108.48 | 93.72 |
| Trivandrum | 109.45 | 98.27 |
| Bhubaneswar | 103.04 | 94.61 |
In India, petrol and diesel costs are determined primarily based on elements akin to freight fees, value-added tax (VAT) and native taxes. This results in the charges being completely different from state to state.
The gasoline charges have remained unchanged since May 2022, when the central authorities and a number of other states reduce gasoline taxes.
OMCs change gasoline retail costs on daily basis at 6 am in accordance with the worth of crude oil all through the world. Through excise tax, base pricing, and value caps, authorities controls gasoline costs.
Factors Affecting Petrol And Diesel Prices In IndiaÂ
Crude oil value:Â Crude oil is the primary uncooked materials used to provide petrol and diesel, so its value has a direct influence on the ultimate price of those fuels.
Exchange price between the Indian rupee and the US greenback:Â India imports most of its crude oil, so the change price between the Indian rupee and the US greenback additionally impacts the worth of petrol and diesel.
Tax:Â The central and state governments levy plenty of taxes on petrol and diesel. These taxes can fluctuate from state to state, and so they can have a big influence on the ultimate value of petrol and diesel.
The price of refining:Â The price of refining crude oil into petrol and diesel additionally impacts the ultimate value of those fuels. The refining course of could be costly, and the price of refining can fluctuate relying on plenty of elements, akin to the kind of crude oil used and the effectivity of the refinery.
The demand for petrol and diesel:Â 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 greater costs.
