Petrol, and Diesel costs in Chennai, Kolkata, Bengaluru, Lucknow, Noida, and Gurugram on March 14, 2023
Petrol, Diesel Prices Today On March 14, 2024: Crude oil costs proceed to vary within the worldwide market. At round 6 am on Thursday, WTI crude is being offered at $ 79.88 per barrel, up 0.21%. At the identical time, Brent crude is buying and selling at $ 84.20 per barrel, growing by 0.21%. Meanwhile, oil advertising firms within the nation have launched the most recent charges for petrol and diesel. In India, gasoline costs are revised each morning at 6 am. Before June 2017, value revision was achieved each 15 days.
In India, the pricing of petrol and diesel is topic to influences like freight costs, worth-added tax (VAT), and native taxes, leading to completely different charges throughout states.
Petrol Diesel Price Today Rate Changes
In Maharashtra, the value of petrol has fallen by 42 paise and that of diesel by 40 paise. Petrol and diesel have grow to be cheaper by 21 paise in Uttar Pradesh. Today petrol and diesel have grow to be cheaper by 17 paise in Rajasthan. In Bihar, the value of petrol and diesel has elevated by 19 paise and 18 paise respectively. In Madhya Pradesh, petrol turned costlier by 11 paise and diesel by 10 paise on Thursday. Apart from this, petrol has grow to be cheaper by 50 paise and diesel by 49 paise in Chhattisgarh. The charges of petrol and diesel have been diminished in Himachal Pradesh. At the identical time, the costs of petrol and diesel have additionally elevated in Andhra Pradesh.
Petrol Diesel Price Today In India (Check metropolis-clever fee listing beneath)
Mumbai Petrol & Diesel Price
As of March 14, 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.
Delhi Diesel Price Today
As of March 14, the price of diesel is priced at Rs 89.62 per litre.
Delhi Petrol Price Today
As of March 14, the price of petrol in Delhi is Rs 96.72 per litre.
Check metropolis-clever petrol and diesel costs on March 14:
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 value of crude oil. The authorities oversees gasoline costs by means of mechanisms corresponding 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 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 change 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 could differ throughout states, exerting a notable affect on the last word costs of petrol and diesel.
The value of refining:
The ultimate 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 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 have an effect on their costs. If demand for these fuels will increase, it may well result in greater costs.
Aparna Deb is a Subeditor and writes for the enterprise vertical of News18.com. She has a nostril for information that issues. She is inquisitive and curious abo…Read More
