Home » Petrol, Diesel Fresh Prices Announced: Check Rates In Your City On November 5

Petrol, Diesel Fresh Prices Announced: Check Rates In Your City On November 5

Petrol, Diesel Fresh Prices Announced: Check Rates In Your City On November 5
Share

[My Version]: Each day, at 6 a.m., oil marketing companies (OMCs) reveal the current prices of petrol and diesel, showing remarkable consistency in the face of the unpredictable nature of these commodities. These companies modify the prices based on global crude oil prices and changes in foreign exchange rates, guaranteeing that customers stay updated on the most recent fuel prices.

Explore the November 5th petrol and diesel prices across various cities.

CityPetrol Price (Rs/litre)Diesel Price (Rs/litre)
Delhi94.7287.62
Mumbai103.4489.97
Chennai100.8592.44
Kolkata103.9490.76
Noida94.6687.76
Lucknow94.6587.76
Bengaluru102.8688.94
Hyderabad107.4195.65
Jaipur104.8890.36
Trivandrum107.6296.43
Bhubaneswar101.0692.91

Exploring the Influential Elements on Gasoline and Diesel Costs in India

The cost of producing petrol and diesel is significantly impacted by the price of crude oil since it serves as the main raw material for their production.

India’s petrol and diesel prices are significantly impacted by the exchange rate between the Indian rupee and the US dollar, given the country’s status as a key importer of crude oil.

Taxation on petrol and diesel is implemented by both the central and state governments, with varying rates in different states, directly impacting the final retail prices of these fuels.

Refining expenses:

The cost of petrol and diesel at the pump is also impacted by the costs associated with transforming crude oil into these fuels. Refining crude oil can be an expensive process, with expenses varying depending on factors such as the quality of the crude oil used and the efficiency of the refinery.

The prices of petrol and diesel are influenced by their demand. An upsurge in the demand for these fuels can result in elevated prices.

Leave a Reply

Your email address will not be published. Required fields are marked *