Petrol Diesel Prices get Cheaper In these places today: Check Latest Rates Here

Petrol Diesel Prices: For months, petrol and diesel prices have remained stagnant with no change in rates in major cities. However, residents in Noida and Gurugram have received good news as petrol and diesel prices in these cities have been slashed. Oil companies have updated the rates, resulting in cheaper prices.

In Noida, the revised petrol price is now Rs 96.65 per litre, while the cost of diesel stands at Rs 89.82 per litre. Similarly, in Gurugram, one litre of petrol costs Rs 96.84, and diesel is priced at Rs 89.72. With 27 paise cut, the revised petrol price in Noida stood at Rs 96.65 per litre while diesel was priced at Rs 89.82 per litre on Sunday. In Gurugram, one litre of petrol now costs Rs 96.84 while the diesel prices stood at Rs 89.72.

Petrol Prices in Noida, Gurugram:

Noida – Rs 96.65 per litre

Gurugram – Rs 96.84 per litre

Diesel Prices in Noida, Gurugram

Noida – Rs 89.82 per litre

Gurugram – Rs 89.72 per litre

Besides Noida and Gurugram, the petrol and diesel prices in Gujarat’s Ahmedabad, , Bihar’s Patna, Rajasthan’s Ajmer and Jaipur also got cheaper. Diesel accounts for about two-fifth of India’s overall refined fuel consumption.

Diesel margins have declined substantially since rising to a record of over $71 a barrel in June after Russia invaded Ukraine, making a case for a cut in local prices. Price of fuel includes excise duty, value-added tax (VAT), and dealer commission. VAT varies from state to state.

After adding excise duty, dealer commission and VAT, the retail selling price of petrol gets nearly doubled. Various factors impact the price of fuel. These include rupee to US dollar exchange rate, cost of crude oil, global cues, demand for fuel, and so on. When international crude oil prices gain, prices in India move higher.

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