Fuel charges in India: Petrol and diesel costs at the moment on October 22. (Representative picture)
Petrol, Diesel Prices Today: In Delhi, the value of petrol stands at Rs 96.72 per litre, whereas diesel is priced at Rs 89.62 per litre
Petrol, Diesel Prices Today On October 22: The costs of petrol and diesel are revealed every day at 6 am, no matter whether or not they have undergone adjustments or remained fixed. However, these costs fluctuate throughout states on account of components like worth-added tax (VAT), freight costs, and native taxes.
Delhi Petrol Price
As of October 22, 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 worth on October 22 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-smart Petrol and Diesel costs on October 22
| City | Petrol Price (Rs/litre) | Diesel Price (Rs/litre) |
| Chennai | 102.63 | 94.24 |
| Kolkata | 106.03 | 92.76 |
| Noida | 106.14 | 92.69 |
| 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 | 94.76 |
In India, petrol and diesel costs are selected the premise of a number of components corresponding to freight costs, worth-added tax (VAT) and native taxes. This results in the charges being completely different from state to state.
The gasoline charges have remained unchanged since May 2022, when the central authorities and a number of other states had minimize gasoline taxes.
Oil Marketing Companies (OMCs) change gasoline 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 worth caps, authorities controls gasoline costs.
Factors Affecting Petrol And Diesel Prices In IndiaÂ
Crude oil worth:Â Crude oil is the principle uncooked materials used to provide petrol and diesel, so its worth has a direct impression on the ultimate price of those fuels.
Exchange fee between the Indian rupee and the US greenback:Â India imports most of its crude oil, so the trade 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 quite a few taxes on petrol and diesel. These taxes can fluctuate from state to state, they usually can have a big impression 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 could be costly, and the price of refining can fluctuate relying on quite a few components, 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 also have an effect on their costs. If demand for these fuels will increase, it will probably result in greater costs.
