Petrol, Diesel Prices moment On March 2, 2024 Every morning at 6 am, the prices of petrol and diesel are bared, anyhow of whether they change or remain constant. This routine is overseen by oil painting marketing companies( OMCs), which acclimate prices according to shifts in global crude oil painting prices and foreign exchange rates. This process ensures that consumers stay informed about the diurnal changes in energy costs. In India, the pricing of petrol and diesel is subject to influences like freight charges, value- added duty( Handbasket), and original levies, performing in different rates across countries.
Petrol Diesel Price Today In India (Check city-wise rate list below)
Delhi Diesel Price Today
As of March 2, the cost of diesel is priced at Rs 89.62 per litre.
Delhi Petrol Price Today
As of March 2, the cost of petrol in Delhi is Rs 96.72 per litre.
Mumbai Petrol & Diesel Price
Mumbai Petrol Price Today
As of March 2, the price of petrol in Mumbai continued to exceed the Rs 100 mark, reaching Rs 106.31 per litre
Diesel Price In Mumbai Today
As of March 2, the price of diesel in Mumbai is Rs 94.27 per litre.
Check city-wise petrol and diesel prices on March 2;
City | Petrol Price (Rs/litre) | Diesel Price (Rs/litre) |
Chennai | 102.63 | 94.24 |
Kolkata | 106.03 | 92.76 |
Noida | 96.59 | 89.82 |
Lucknow | 96.62 | 89.66 |
Bengaluru | 101.94 | 87.89 |
Hyderabad | 109.66 | 97.82 |
Jaipur | 108.48 | 93.72 |
Trivandrum | 109.73 | 98.24 |
Bhubaneswar | 103.19 | 94.75 |
In India, fuel prices have remained steady since May 2022, following a reduction in fuel taxes by the central government and several states.
Energy retail prices are acclimated by OMCs daily at 6 am grounded on the global price of crude oil painting. The government oversees energy prices through mechanisms similar as excise duty, base pricing, and price caps. Factors Affecting Petrol And Diesel Prices In India Crude oil painting price The primary raw material for the product of petrol and diesel is crude oil painting, and as similar, its price directly influences the ultimate cost of these energies. The exchange rate between the Indian rupee and the US bone. As a major importer of crude oil painting, India’s petrol and diesel prices are also told by the exchange rate between the Indian rupee and the US bone . duty colorful levies on petrol and diesel are assessed by both the central and state governments. These levies may differ across countries, plying a notable influence on the ultimate prices of petrol and diesel. The final price of petrol and diesel is also told by the charges incurred in refining crude oil painting into these energies. The refining process can be expensive, and the refining charges may change grounded on factors like the type of crude oil painting utilised and the effectiveness of the refinery. The demand for petrol and diesel The demand for petrol and diesel can also affect theirprices.However, it can lead to advanced prices, If demand for these energies increases.
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