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Fuel charges in India: Petrol and diesel costs right this moment on February 15. (Representative picture)
Petrol, Diesel Fresh Prices Announced: Check Rates In Your City On February 15 – News18
Petrol, Diesel Prices Today On February 15, 2024:
With the autumn within the costs of crude oil within the world market, oil charges have additionally modified within the retail market on Thursday morning. Government oil firms launched the retail charges of petrol and diesel this morning and modifications are seen within the cities of UP and Bihar. Meanwhile, the costs of crude oil within the world market have additionally fallen by about $1. Today, oil grew to become costly within the cities of UP, whereas the costs have come down in Bihar.
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 Rate Changes
According to authorities oil firms, right this moment petrol in Gautam Buddha Nagar (Noida-Greater Noida) grew to become costlier by 42 paise to Rs 97.00 per litre. Here diesel additionally elevated by 39 paise and is being offered at Rs 90.14 per litre. In Uttar Pradesh’s capital Lucknow, petrol has turn out to be cheaper by 10 paise to Rs 96.47 per liter and diesel has fallen by 10 paise to Rs 89.66 per litre. Apart from this, in Bihar’s capital Patna, petrol has turn out to be cheaper by 56 paise and has reached Rs 107.24 per litre, whereas diesel is being offered at Rs 94.04 per liter with a fall of 52 paise.
Petrol Diesel Price Today In India (Check metropolis-sensible fee checklist under)
Mumbai Petrol & Diesel Price
As of February 15, the worth 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 15, the price of diesel is priced at Rs 89.62 per litre.
Delhi Petrol Price Today
As of February 15, the price of petrol in Delhi is Rs 96.72 per litre.
Check metropolis-sensible petrol and diesel costs on February 15:
| 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 each day at 6 am primarily based on the worldwide worth of crude oil. The authorities oversees gasoline costs by means of mechanisms akin to excise tax, base pricing, and worth caps.
Factors Affecting Petrol And Diesel Prices In India
Crude oil worth: The major 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 alternate fee between the Indian rupee and the US greenback: As a significant importer of crude oil, India’s petrol and diesel costs are additionally influenced by the alternate fee 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 may 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 can even have an effect on their costs. If demand for these fuels will increase, it will possibly result in increased costs.
