Petrol, and Diesel costs on March 3.
Diesel Price In Delhi Today: As of March 3, the price of diesel is priced at Rs 89.62 per litre
Petrol, Diesel Prices Today On March 3, 2024: Every morning at 6 am, the charges for petrol and diesel are disclosed, no matter whether or not they bear fluctuations or stay steady. This constant occasion is orchestrated by oil advertising and marketing corporations (OMCs) as they modify costs to shifts in international crude oil costs and international alternate charges. This course of ensures that customers keep knowledgeable concerning the every day changes in gas prices.
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 In India (Check metropolis-clever price record under)
Mumbai Petrol & Diesel Price
As of March 3, 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 3, the price of diesel is priced at Rs 89.62 per litre.
Delhi Petrol Price Today
As of March 3, the price of petrol in Delhi is Rs 96.72 per litre.
Check metropolis-clever petrol and diesel costs on March 3:
| 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, gas costs have remained regular since May 2022, following a discount in gas taxes by the central authorities and a number of other states.
Fuel retail costs are adjusted by OMCs every day at 6 am primarily based on the worldwide value of crude oil. The authorities oversees gas costs via mechanisms similar to excise tax, base pricing, and value caps.
Latest Crude Oil Prices
Oil costs rose 2 per cent on Friday and posted weekly positive factors as merchants awaited an OPEC+ determination on provide agreements for the second quarter whereas additionally weighing recent U.S., European and Chinese financial knowledge, in accordance with Reuters.
Brent futures for May settled $1.64 larger, or 2 per cent, at $83.55 a barrel. The April Brent futures contract expired on Feb. 29 at $83.62 a barrel.
U.S. West Texas Intermediate (WTI) for April rose $1.71, or 2.19 per cent, to $79.97 a barrel.
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 immediately influences the last word price 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 price 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 may be expensive, and the refining bills could fluctuate primarily based 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 may well result in larger costs.
