Fuel charges in India: Petrol and diesel costs at present on November 19. (Representative picture)
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Fuel charges in India: Petrol and diesel costs at present on November 19. (Representative picture)
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Petrol, Diesel Prices Today On November 19: The costs of petrol and diesel are revealed day by day at 6 am, no matter whether or not they have modified or remained fixed. This is as a result of the oil advertising firms (OMCs) replace their costs primarily based on the worldwide crude oil costs and the international alternate charges.
Delhi Petrol & Diesel Price
As of November 19, in Delhi, the value of petrol stands at Rs 96.72 per litre, whereas diesel is priced at Rs 89.62 per litre.
Mumbai Petrol & Diesel Price
In Mumbai, petrol value on November 19 continued to retail above Rs 100 mark at Rs 106.31 for a litre, whereas diesel was being bought at Rs 94.27 per litre.
Check metropolis-smart petrol and diesel costs on November 19;
City | Petrol Price (Rs/litre) | Diesel Price (Rs/litre) |
Chennai | 102.63 | 94.24 |
Kolkata | 106.03 | 92.76 |
Noida | 97 | 90.14 |
Lucknow | 96.56 | 89.75 |
Bengaluru | 101.94 | 87.89 |
Hyderabad | 109.66 | 97.82 |
Jaipur | 108.48 | 93.72 |
Trivandrum | 110.02 | 98.80 |
Bhubaneswar | 103.11 | 94.68 |
In India, petrol and diesel costs are selected the premise of a number of elements corresponding to freight prices, worth-added tax (VAT) and native taxes. This results in the charges being completely different from state to state.
The gas charges stay unchanged since May 2022, when the central authorities and several other states had reduce gas taxes.
OMCs change gas retail costs every single day at 6 am in accordance with the value of crude oil all through the world. Through excise tax, base pricing, and value caps, authorities controls gas costs.
Factors Affecting Petrol And Diesel Prices In IndiaÂ
Crude oil value:Â Crude oil is the primary uncooked materials used to provide petrol and diesel, so its value has a direct impression on the ultimate value of those fuels.
Exchange fee between the Indian rupee and the US greenback:Â India imports most of its crude oil, so the alternate fee between the Indian rupee and the US greenback additionally impacts the value of petrol and diesel.
Tax:Â The central and state governments levy various taxes on petrol and diesel. These taxes can range from state to state, they usually can have a big impression on the ultimate value of petrol and diesel.
The value of refining:Â The value of refining crude oil into petrol and diesel additionally impacts the ultimate value of those fuels. The refining course of may be costly, and the price of refining can range relying on various elements, corresponding to the kind of crude oil used 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 could result in increased costs.