Petrol, Diesel costs on March 5
Petrol, and Diesel costs in Chennai, Kolkata, Bengaluru, Lucknow, Noida, and Gurugram on March 5, 2023
Petrol, Diesel Prices Today On March 5, 2024: There is a slight decline within the costs of crude oil within the worldwide market. At round 6 am on Tuesday morning, WTI crude is being offered at $ 78.51 per barrel. At the identical time, Brent crude is buying and selling at $ 82.80 per barrel. Oil advertising corporations within the nation have launched the newest charges of petrol and diesel. In India, gas costs are revised each morning at 6 am. Before June 2017, worth revision was completed each 15 days.
In India, the pricing of petrol and diesel is topic to influences like freight expenses, worth-added tax (VAT), and native taxes, leading to totally different charges throughout states.
Petrol Diesel Price Today Rate Changes
In Bihar, petrol has develop into costlier by 36 paise and diesel by 34 paise. Petrol has develop into costlier by 44 paise and diesel by 41 paise in West Bengal. Apart from this, the costs of petrol and diesel have elevated in Kerala, Karnataka, Chhattisgarh, Arunachal Pradesh and Telangana. On the opposite hand, in Uttar Pradesh petrol has develop into cheaper by 14 paise and diesel by 13 paise. In Rajasthan too, the costs of petrol and diesel have fallen by Rs 18 and Rs 16 respectively. There is a decline within the costs of petrol and diesel in Madhya Pradesh and Maharashtra.
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Petrol Diesel Price Today In India (Check metropolis-sensible charge listing under)
Mumbai Petrol & Diesel Price
As of March 5, 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 5, the price of diesel is priced at Rs 89.62 per litre.
Delhi Petrol Price Today
As of March 5, the price of petrol in Delhi is Rs 96.72 per litre.
Check metropolis-sensible petrol and diesel costs on March 5:
| 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 day by day at 6 am based mostly on the worldwide worth of crude oil. The authorities oversees gas costs by means of mechanisms corresponding to excise tax, base pricing, and worth caps.
Factors Affecting Petrol And Diesel Prices In IndiaÂ
Crude oil worth: The main uncooked materials for the manufacturing of petrol and diesel is crude oil, and as such, its worth straight influences the last word value of those fuels.
The trade 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 trade 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 last word costs of petrol and diesel.
The value of refining:
The closing worth of petrol and diesel is moreover influenced by the bills incurred in refining crude oil into these fuels. The refining course of will be expensive, and the refining bills could fluctuate based mostly 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 could possibly result in increased costs.
