Petrol Rate
The one area where inflation has affected badly is the petroleum industry. People nowadays probably prefer public transport instead of flexing on their RC 200 bike, due to the hike in petrol rates. On a daily basis, the petrol price is changing in India. The price can vary from state to state and types of fuel.
The price of fuel includes excise duty, value added tax (VAT), and dealers’ commission. After adding the excise duty and dealers’ commission the VAT varies from state to state. The retail selling price of petrol nearly doubled. There are various factors that affect the price of fuel. Some of the factors are like
- Cost Of Crude Oil
- Price Charged To Dealer
- Commission For Dealers
- Central Excise Duty
- Sales Tax Or Value Added Tax
- Taxes Imposed By The Government
- Demand Of Fuel
- Consumption Ratio Of Refineries
- Valuation Of INR Against USD
Moreover, the rising price of petrol and diesel is becoming a topic of stress for people in India. There are multiple factors affecting the price of petrol in India.
City Wise List For Petrol Price
You can refer to this city-wise chart for getting an update on the latest petrol prices. These prices are based on the latest updates from various locations.
| City | Petrol Price (Rs/L) |
| Agra | 96.35 |
| Allahabad | 96.65 |
| Ahmedabad | 96.42 |
| Aurangabad | 112.96 |
| Bhopal | 108.65 |
| Chandigarh | 96.20 |
| Bhubaneswar | 103.19 |
State Wise List For Petrol Price
The price of petrol varies over the states due to the tax that is imposed by states. You can refer to the following state-wise list of petrol prices.
| State | Petrol Price (Rs/L) |
| Andhra Pradesh | 110.48 |
| Bihar | 107.24 |
| Assam | 96.01 |
| Chhattisgarh | 102.45 |
| Haryana | 97.34 |
| Gujrat | 96.31 |
| Jammu And Kashmir | 99.81 |
According to the latest updates the crude oil prices are on fire again due to which the petrol prices are continuously rising. With the trade deficit already at record highs, elevated cure prices are a significant risk to India’s growth and macroeconomic stability.
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