Fuel charges in India: Petrol and diesel costs at present on February 1. (Representative picture)
Petrol Diesel Price Today In India: As of February 01, the price of diesel is priced at Rs 89.62 per litre in Delhi.
Petrol, Diesel Prices Today On February 01, 2024: Every day at 6 am, the costs of petrol and diesel are revealed, no matter whether or not they bear fluctuations or stay regular. This common prevalence is a results of oil advertising corporations (OMCs) adjusting costs based mostly on shifts in international crude oil costs and overseas trade charges.
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Petrol Diesel Price Today In India (Check metropolis-clever price checklist beneath)
Delhi Diesel Price Today
As of February 01, the price of diesel is priced at Rs 89.62 per litre.
Delhi Petrol Price Today
As of February 01, the price of petrol in Delhi is Rs 96.72 per litre.
Mumbai Petrol & Diesel Price
As of February 01, 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.
Check metropolis-clever petrol and diesel costs on February 01;
| City | Petrol Price (Rs/litre) | Diesel Price (Rs/litre) |
| Chennai | 102.63 | 94.24 |
| Kolkata | 106.03 | 92.76 |
| Noida | 96.65 | 89.82 |
| Lucknow | 96.47 | 89.66 |
| Bengaluru | 101.94 | 87.89 |
| Hyderabad | 109.66 | 97.82 |
| Jaipur | 108.48 | 93.72 |
| Trivandrum | 109.42 | 98.24 |
| Bhubaneswar | 103.18 | 94.75 |
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
Fuel 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 day by day at 6 am based mostly on the worldwide worth of crude oil. The authorities oversees gas costs by mechanisms reminiscent of 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 immediately influences the final word price of those fuels.
The trade 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 trade 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 could differ throughout states, exerting a notable affect on the final 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 may be expensive, and the refining bills could 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 also can have an effect on their costs. If demand for these fuels will increase, it could actually result in increased costs.
