Fuel charges in India: Petrol and diesel costs right this moment on February 4. (Representative picture)
Petrol Price In Mumbai Today: Check metropolis-clever petrol and diesel costs on February 04.
Petrol, Diesel Prices Today On February 04, 2024: Every day at 6 am, the costs of petrol and diesel are revealed, no matter whether or not they endure fluctuations or stay regular. This common incidence is a results of oil advertising and marketing firms (OMCs) adjusting costs based mostly on shifts in international crude oil costs and international change charges.
Petrol Diesel Price Today In India (Check metropolis-clever price listing under)
Delhi Diesel Price Today
As of February 04, the price of diesel is priced at Rs 89.62 per litre.
Delhi Petrol Price Today
As of February 04, the price of petrol in Delhi is Rs 96.72 per litre.
Mumbai Petrol & Diesel Price
As of February 04, 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.
Check metropolis-clever petrol and diesel costs on February 04;
| City | Petrol Price (Rs/litre) | Diesel Price (Rs/litre) |
| Chennai | 102.63 | 94.24 |
| Kolkata | 106.03 | 92.76 |
| Noida | 96.59 | 89.82 |
| Lucknow | 96.62 | 89.66 |
| Bengaluru | 101.94 | 87.89 |
| Hyderabad | 109.66 | 97.82 |
| Jaipur | 108.48 | 93.72 |
| Trivandrum | 109.73 | 98.24 |
| Bhubaneswar | 103.19 | 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 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 gas costs by mechanisms comparable to excise tax, base pricing, and value caps.
Factors Affecting Petrol And Diesel Prices In IndiaÂ
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 value of those fuels.
The change 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 change 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 might 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 will be pricey, and the refining bills might 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 have an effect on their costs. If demand for these fuels will increase, it will probably result in larger costs.
