Fuel Price Check: Your City's Petrol and Diesel Rates on August 13

πŸ”΄ Fuel Price : Petrol and Diesel Prices Today! β›½

Good morning, India! As the sun rises on August 13, we bring you the latest scoop on petrol and diesel prices from around the country. Whether you’re in Delhi or Mumbai, Noida or Trivandrum, buckle up as we dive into the fuel frenzy that’s been gripping our nation.

Fuel Price Check: Your City's Petrol and Diesel Rates on August 13

πŸš— Delhi Drives at Rs 96.72, Mumbai Cruises Past Rs 100! πŸ›΅

In the heart of the nation, Delhi, petrol prices are now dancing at Rs 96.72 per litre, while diesel takes a bow at Rs 89.62 per litre. But let’s talk tinsel town – Mumbai. The city of dreams still finds itself above the century mark with petrol priced at Rs 106.31 per litre and diesel at Rs 94.27 per litre.

Also Read thisΒ  Fuel Price Today : Why Haven’t They Changed?


πŸŒ† City Chronicles: Petrol and Diesel Rates πŸ›’οΈ

Are you curious about the fuel drama unfolding in your city? Let’s take a tour:

  • CityPetrol Price (Rs/Litre)Diesel Price (Rs/Litre)
    Chennai102.7494.33
    Kolkata106.0392.76
    Noida96.5989.76
    Lucknow96.5789.76
    Bengaluru101.9487.89
    Hyderabad109.6697.82
    Jaipur108.4893.72
    Trivandrum109.4598.27
    Bhubaneswar103.1994.58

    But wait, there’s more! Check out the article for fuel tales from other cities like Noida, Lucknow, Trivandrum, and more.Fuel Price Check: Your City's Petrol and Diesel Rates on August 13


πŸ’‘Β  Factors Behind the Price Swings:Β  πŸ›’οΈ

Now, let’s peek under the hood and understand what really fuels these price changes:

  • Crude Oil’s Swing Dance: The cost of petrol and diesel sways with the global dance of crude oil prices. When crude oil’s on a high, so are our fuel bills.
  • Rupee’s Roll and Dollar’s Disco: Since India imports most of its crude oil, the rupee’s tango with the dollar can lead to price twirls.
  • Taxes – The Plot Twist: Hold tight, because taxes play the starring role. The central and state governments throw their hats in the ring, adding taxes that can make fuel prices shimmy from state to state.
  • Refining Reality: The process of turning crude oil into the smooth petrol and diesel we pump into our vehicles isn’t cheap. The refining journey can be a costly one, influenced by factors like the type of crude oil used and refinery efficiency.
  • Demand Drama: Brace yourself for the demand roller coaster. When the thirst for petrol and diesel surges, so do the prices. It’s a simple equation – high demand, higher prices.

So, there you have it – the twists, turns, and beats behind the scenes of the fuel price saga.

 

πŸ” The Bigger Picture: Fueling the Nation πŸš—

Remember, these price changes don’t happen in a vacuum. They’re part of a larger canvas where government policies, global dynamics, and everyday choices intersect.

As the sun sets on another day, keep in mind that understanding the story behind fuel prices empowers you as a responsible citizen navigating these streets. Keep your engines running and your minds curious – until next time, India!


Fuel Price FAQ: Everything You Need to Know

Q1: What are the current petrol and diesel prices in Delhi and Mumbai?

  • A: As of August 13, petrol costs Rs 96.72 per litre in Delhi and Rs 106.31 per litre in Mumbai. Diesel prices stand at Rs 89.62 per litre in Delhi and Rs 94.27 per litre in Mumbai.

Q2: How do petrol and diesel prices vary across different cities?

  • A: Fuel prices differ from city to city. For instance, in Chennai, petrol is priced at Rs 102.74 and diesel at Rs 94.33 per litre. In Kolkata, petrol costs Rs 106.03 and diesel Rs 92.76 per litre.

Q3: Why do petrol and diesel prices differ between states?

  • A: Prices vary due to factors like taxes, freight charges, and local taxes. Each state applies its own value-added tax (VAT) and other charges, resulting in different prices.

Q4: When was the last change in fuel prices, and why?

  • A: The fuel rates have remained unchanged since May 2022, following a reduction in fuel taxes by the central government and some states.

Q5: What factors influence petrol and diesel prices in India?

  • A: Several factors impact fuel prices, including crude oil prices, the exchange rate between the Indian rupee and the US dollar, taxes imposed by governments, refining costs, and demand for fuel.

Q6: How frequently do fuel prices change?

  • A: Fuel retail prices are updated daily at 6 am by Oil Marketing Companies (OMCs) based on global crude oil prices and other factors.

Q7: How does the cost of refining impact fuel prices?

  • A: The process of refining crude oil into petrol and diesel can be expensive. Factors like the type of crude oil and refinery efficiency contribute to refining costs, which ultimately affect fuel prices.

Q8: Can an increase in demand lead to higher petrol and diesel prices?

  • A: Yes, higher demand for petrol and diesel can result in price hikes due to the basic principle of supply and demand.

Q9: What role do government policies play in fuel pricing?

  • A: Governments impose various taxes on petrol and diesel, which can significantly impact the final retail prices. Changes in tax rates can lead to fluctuations in fuel costs.

Q10: How can understanding fuel pricing benefit citizens?

  • A: Being aware of the factors affecting fuel prices empowers citizens to comprehend and plan for the financial impact of changing fuel costs in their daily lives.

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