Updated Fuel and Diesel Prices: Verify Prices in Your City on February 6
Current Prices for Gas and Diesel February 6th, 2024 The prices for gasoline and diesel are released every morning at six a.m., regardless of whether they change or stay the same. Oil marketing corporations (OMCs) organize this recurring occurrence by adjusting prices in response to fluctuations in the price of crude oil globally and in foreign currency rates. Customers are guaranteed to be aware of the daily fluctuations in gasoline prices thanks to this procedure.
Value-added tax (VAT), municipal taxes, and freight costs are some of the factors that affect the price of gasoline and diesel in India, causing variations in prices across states.
Current Indian Price of Petrol and Diesel (See the rate list per city below.)
Delhi Diesel Cost Right Now
The price of a liter of diesel is Rs 89.62 as of February 6.
Today’s Gas Prices in Delhi
In Delhi, a liter of fuel costs Rs 96.72 as of February 6.
Mumbai Fuel & Diesel Cost
Diesel was priced at Rs 94.27 per litre in Mumbai as of February 06, but petrol prices remained over the Rs 100 threshold at Rs 106.31 per litre.
Verify the costs of gasoline and diesel in each city on February 6;
PETROL PRICE CITY (RS/LITRE) PRICE OF DIESEL (RS/LITRE)
Chennai 94.24 102.63
Bengaluru 106.03 92.76
Noida 96.59 89.82
Lucknow 96.62 89.66
Bengaluru 87.89 101.94
Hyderabad~97.82~109.66
Jaipur 108.48 93.72
Trivandrum 98.24 109.73
Bhubaneswar 103.19 94.75
gasoline prices in India have not changed since May 2022 as a result of the federal government and many state governments lowering gasoline taxes.
Every day at six in the morning, OMCs modify fuel retail prices in accordance with the price of crude oil globally. Through programs like base pricing, price ceilings, and excise tax, the government regulates gasoline costs.
Factors Influencing India’s Gas and Diesel Prices
Crude oil price: Since crude oil is the main component used to make gasoline and diesel, its price has a direct impact on the final cost of these fuels.
The US dollar to Indian rupee exchange rate is as follows: India is a significant importer of crude oil, hence the exchange rate between the US dollar and the Indian rupee affects the price of gasoline and diesel in India.
Tax: Both the federal and state governments apply different taxes on gasoline and diesel. State-by-state variations in these taxes may have a significant impact on the final cost of gasoline and diesel.
The price of refinement:
The costs associated with refining crude oil into gasoline and diesel also have an impact on the ultimate pricing of these fuels. Refinement may be expensive, and the cost of refining can vary depending on the kind of crude oil used and the refinery’s efficiency.
The demand for gasoline and diesel: The demand for these fuels has the potential to impact pricing. Prices may rise if there is a greater demand for certain fuels.
