Fuel charges in India: Petrol and diesel costs right now on November 11 (Representative picture)
Oil Marketing Companies (OMCs) change gas retail costs day by day at 6 am
Petrol, Diesel Prices Today On November 11: The costs of petrol and diesel are revealed each 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 overseas trade charges.
Delhi Petrol & Diesel Price
As of November 11, in Delhi, the value of petrol stands at Rs 96.72 per liter, whereas diesel is priced at Rs 89.62 per liter.
Mumbai Petrol & Diesel Price
In Mumbai, petrol worth on November 11 continued to retail above Rs 100 mark at Rs 106.31 for a litre, whereas diesel was being offered at Rs 94.27 per litre.
Check metropolis-sensible petrol and diesel costs on November 11;
| 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 idea of a number of elements reminiscent of freight fees, 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 a number of other states had reduce gas taxes.
OMCs change gas retail costs day by day at 6 am in accordance with the value of crude oil all through the world. Through excise tax, base pricing, and worth caps, authorities controls gas costs.
Factors Affecting Petrol And Diesel Prices In IndiaÂ
Crude oil worth:Â Crude oil is the primary uncooked materials used to provide petrol and diesel, so its worth has a direct affect on the ultimate price of those fuels.
Exchange charge between the Indian rupee and the US greenback:Â India imports most of its crude oil, so the trade charge 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 fluctuate from state to state, they usually can have a big affect on the ultimate worth of petrol and diesel.
The price of refining:Â The price of refining crude oil into petrol and diesel additionally impacts the ultimate worth of those fuels. The refining course of might be costly, and the price of refining can fluctuate relying on various elements, reminiscent of 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 also can have an effect on their costs. If demand for these fuels will increase, it might result in greater costs.
