Last Updated: February 20, 2024, 08:02 IST
Fuel charges in India: Petrol and diesel costs right now on February . 20 (Representative picture)
Petrol, and Diesel costs in Chennai, Kolkata, Bengaluru, Lucknow, Noida, and Gurugram on February 20, 2023
Petrol, Diesel Prices Today On February 20, 2024: If you will have additionally reached or are going to the petrol pump to fill the tank of your automobile or bike, then this information is helpful for you. There is an enormous soar within the costs of crude oil within the world market. Its influence was additionally seen on the costs of petrol and diesel launched within the retail market on Tuesday morning. Government oil corporations have modified the costs of oil in lots of cities right now.
In India, the pricing of petrol and diesel is topic to influences like freight prices, worth-added tax (VAT), and native taxes, leading to completely different charges throughout states.
Petrol Diesel Price Today Rate Changes
According to authorities oil corporations, right now petrol in Gautam Buddha Nagar grew to become cheaper by 7 paise to Rs 96.58 per litre. Here diesel additionally fell by 7 paise and is being bought at Rs 89.78 per litre. In Uttar Pradesh’s capital Lucknow, petrol has turn into costlier by 12 paise to Rs 96.59 per liter and diesel by 12 paise to Rs 89.78 per litre. Apart from this, petrol has turn into costlier by 24 paise in Faridabad, Haryana and has reached Rs 97.49 per litre, whereas diesel is being bought at Rs 90.35 per liter with a rise of 24 paise.
Petrol Diesel Price Today In India (Check metropolis-sensible price listing under)
Mumbai Petrol & Diesel Price
As of February 20, 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 20, the price of diesel is priced at Rs 89.62 per litre.
Delhi Petrol Price Today
As of February 20, the price of petrol in Delhi is Rs 96.72 per litre.
Check metropolis-sensible petrol and diesel costs on February 20:
| 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 every day at 6 am based mostly on the worldwide value of crude oil. The authorities oversees gasoline costs by mechanisms reminiscent of excise tax, base pricing, and value caps.
Factors Affecting Petrol And Diesel Prices In IndiaÂ
Crude oil value: The major uncooked materials for the manufacturing of petrol and diesel is crude oil, and as such, its value immediately influences the last word value of those fuels.
The alternate price 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 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 last word costs of petrol and diesel.
The value of refining:
The remaining value of petrol and diesel is moreover influenced by the bills incurred in refining crude oil into these fuels. The refining course of could 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 may also have an effect on their costs. If demand for these fuels will increase, it could result in greater costs.
