Petrol Price Today in India (Friday, Apr 5, 2024)

PETROLDIESEL

Apr 5, 2024

PETROL Rate in Mumbai₹104.21 / litre

Major Cities petrol Price Today (1 litre)

City	Today's Price	Yesterday's Price	Price Change
Agra	₹94.70	₹94.70	₹0.00
Ahmedabad	₹94.44	₹94.44	₹0.00
Allahabad	₹95.47	₹95.47	₹0.00
Aurangabad	₹106.97	₹106.97	₹0.00
Bangalore	₹99.84	₹99.84	₹0.00
Bhopal	₹106.47	₹106.47	₹0.00
Bhubaneswar	₹103.54	₹103.54	₹0.00
Chandigarh	₹94.24	₹94.24	₹0.00
Chennai	₹100.75	₹100.75	₹0.00
Coimbatore	₹101.32	₹101.32	₹0.00
Dehradun	₹93.48	₹93.48	₹0.00
Erode	₹101.38	₹101.38	₹0.00
Faridabad	₹95.26	₹95.26	₹0.00
Ghaziabad	₹94.65	₹94.65	₹0.00
Gurgaon	₹94.90	₹94.90	₹0.00
Guwahati	₹98.08	₹98.08	₹0.00
Hyderabad	₹107.41	₹107.41	₹0.00
Indore	₹106.40	₹106.40	₹0.00
Jaipur	₹104.88	₹104.88	₹0.00
Jammu	₹95.59	₹95.59	₹0.00
Jamshedpur	₹99.91	₹99.91	₹0.00
Kanpur Urban	₹94.51	₹94.51	₹0.00
Kolhapur	₹105.36	₹105.36	₹0.00
Kolkata	₹103.94	₹103.94	₹0.00
Kozhikode	₹105.72	₹105.72	₹0.00
Lucknow	₹94.56	₹94.56	₹0.00
Ludhiana	₹96.78	₹96.78	₹0.00
Madurai	₹101.46	₹101.46	₹0.00
Manglore	₹102.47	₹102.47	₹0.00
Mumbai	₹104.21	₹104.21	₹0.00
Mysore	₹99.53	₹99.53	₹0.00
Nagpur	₹103.94	₹103.94	₹0.00
Nashik	₹104.43	₹104.43	₹0.00
New Delhi	₹94.72	₹94.72	₹0.00
Noida	₹94.72	₹94.72	₹0.00
Patna	₹105.24	₹105.24	₹0.00
Pune	₹104.64	₹104.64	₹0.00
Raipur	₹100.39	₹100.39	₹0.00
Rajkot	₹94.22	₹94.22	₹0.00
Ranchi	₹97.81	₹97.81	₹0.00
Salem	₹101.96	₹101.96	₹0.00
Shimla	₹95.28	₹95.28	₹0.00
Srinagar	₹99.91	₹99.91	₹0.00
Surat	₹94.33	₹94.33	₹0.00
Thane	₹104.28	₹104.28	₹0.00
Tiruchchirappalli	₹101.54	₹101.54	₹0.00
Trivandrum	₹107.28	₹107.28	₹0.00
Vadodara	₹94.05	₹94.05	₹0.00
Varanasi	₹94.92	₹94.92	₹0.00
Visakhapatnam	₹108.29	₹108.29	₹0.00
View More Cities

Check Diesel Price

petrol Price in India for Last 10 Days (1 litre)

Date	Price /Ltr	Price Change
2024-04-04	₹104.21	₹0.00
2024-04-03	₹104.21	₹0.00
2024-04-02	₹104.21	₹0.00
2024-04-01	₹104.21	₹0.00
2024-03-31	₹104.21	₹0.00
2024-03-30	₹104.21	₹0.00
2024-03-29	₹104.21	₹0.00
2024-03-28	₹104.21	₹0.00
2024-03-27	₹104.21	₹0.00
2024-03-26	₹104.21	₹0.00

Business News

Facts about Petrol

Petrol prices in India are a hot topic, often causing ripples across the economy and household budgets.

Factors affecting today's Petrol Price In India:

Costs: Crude oil price (global benchmarks like Brent & WTI), processing & transportation costs, dealer commission, and taxes (central excise duty, VAT) all contribute to the final price.
Dynamic Pricing: Since June 2017, prices are revised daily based on global markets, removing fortnightly fluctuations but exposing consumers to immediate changes.
Global Oil Market: Crude oil price is the biggest driver, influenced by factors like OPEC decisions, geopolitical tensions, and global demand. Any rise ripples through to Indian pumps.
Exchange Rate: A weaker rupee means more cost per imported crude barrel, translating to higher pump prices.

Taxes that impact petrol prices in India

Taxes: Government taxes and levies form a significant chunk of the final price. Any change in tax policy can directly impact consumers.
Refinery Margins: Refining costs and profit margins of Oil Marketing Companies (OMCs) can also play a role, though their impact is generally muted.

What are the reasons for Current High Prices of Petrol in India?

Global Oil Market: Despite a brief dip in late 2023, global crude oil prices have been on an upward trend due to factors like post-pandemic recovery, supply chain disruptions, and geopolitical tensions.
Weaker Rupee: The Indian rupee has depreciated against the US dollar in recent months, making imported crude oil more expensive.
Limited Tax Cuts: While the government reduced excise duty in May 2022, further cuts have been limited, keeping some pressure on prices.

How Petrol Prices Today in India are calculated?

These costs are combined and revised daily by Oil Marketing Companies (OMCs) at 6 AM, reflecting the dynamic global market and rupee fluctuations. While the price structure might seem complex, understanding these key factors can help you navigate the ever-changing landscape of petrol prices in India.
Petrol prices in India are a complex interplay of global and domestic factors. While the current high prices are primarily driven by international forces, domestic tax policies and rupee fluctuations also contribute. Understanding these factors can help navigate the volatile world of petrol prices and their impact on our lives.