Petrol, and Diesel costs on March 11
Petrol, and Diesel costs in Chennai, Kolkata, Bengaluru, Lucknow, Noida, and Gurugram on March 11, 2023
Petrol, Diesel Prices Today On March 11, 2024: The affect of softening oil and gasoline costs within the world market can also be seen on the home retail market. CNG turned cheaper within the National Capital Region on Thursday morning, whereas the costs of petrol and diesel have additionally declined. Today, oil costs have fallen in lots of cities of UP and Bihar too. Meanwhile, the worth of crude within the world market has once more fallen beneath $83. Meanwhile, oil advertising corporations within the nation have launched the newest charges for petrol and diesel. In India, gasoline costs are revised each morning at 6 am. Before June 2017, worth revision was achieved each 15 days.
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.
Petrol Diesel Price Today Rate Changes
The costs of petrol and diesel have additionally decreased in Gujarat, Haryana, Madhya Pradesh, Maharashtra and Odisha immediately. The costs of petrol and diesel have been elevated in Assam, Goa, Himachal Pradesh, Karnataka, Mizoram, Punjab, Rajasthan, Tamil Nadu, Telangana, UP, Uttarakhand and West Bengal.
Petrol Diesel Price Today In India (Check metropolis-sensible charge listing beneath)
Mumbai Petrol & Diesel Price
As of March 11, 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 March 11, the price of diesel is priced at Rs 89.62 per litre.
Delhi Petrol Price Today
As of March 11, the price of petrol in Delhi is Rs 96.72 per litre.
Check metropolis-sensible petrol and diesel costs on March 11:
| 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 day by day at 6 am primarily based on the worldwide worth of crude oil. The authorities oversees gasoline costs by way of mechanisms equivalent to excise tax, base pricing, and worth caps.
Factors Affecting Petrol And Diesel Prices In IndiaÂ
Crude oil worth: The major uncooked materials for the manufacturing of petrol and diesel is crude oil, and as such, its worth instantly influences the final word price of those fuels.
The alternate charge 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 alternate charge 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 last worth of petrol and diesel is moreover influenced by the bills incurred in refining crude oil into these fuels. The refining course of could be pricey, and the refining bills could fluctuate primarily based on elements 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 may possibly result in larger costs.
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