Fuel Price in India

    Fuel Price: Fuel rates are revised at 06:00 a.m every day. From June 2017, fuel prices in India are revised daily, and this is called the dynamic fuel price method. This makes sure that even a minute’s variation in global oil prices can be transmitted to fuel users and dealers. The Indian government has permitted oil marketing companies to determine the retail price of fuel based on currency exchange rate and fluctuations in international oil prices. Before this fuel prices were revised every fortnight. There are various factors that 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. 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.
    Fuel PRICES IN METRO CITIES

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    Daily Fuel Price in India - Graphical Representation
    Fuel Price in India - Last 10 Days data

    City wise list for Fuel Price

    cityFuel PriceCHANGE
    Agra96.35₹/L+0.00
    Ahmedabad96.42₹/L+0.00
    Allahabad96.65₹/L+0.00
    Aurangabad112.9₹/L+0.00
    Bangalore101.9₹/L+0.00
    Bhopal108.6₹/L+0.00
    Bhubaneswar103.1₹/L+0.00
    Chandigarh96.2₹/L+0.0
    Chennai102.6₹/L+0.00
    Coimbatore103.1₹/L+0.00
    Dehradun95.28₹/L+0.06
    Delhi96.72₹/L+0.00
    Erode103.1₹/L+0.00
    Gurgaon97.18₹/L+0.00
    Guwahati96.01₹/L+0.00
    Hyderabad109.6₹/L+0.00
    Indore108.6₹/L+0.00
    Jaipur108.4₹/L+0.00
    Jammu97.5₹/L+0.0
    Jamshedpur99.77₹/L+0.00
    Kanpur96.26₹/L+0.00
    Kolhapur111.4₹/L+0.00
    Kolkata106.0₹/L+0.00
    Kozhikode105.8₹/L+0.00
    Lucknow96.57₹/L+0.00
    Ludhiana96.81₹/L+0.00
    Madurai103.2₹/L+0.00
    Mangalore101.1₹/L+0.00
    Mumbai111.3₹/L+0.00
    Mysore101.4₹/L+0.00
    Nagpur97.04₹/L+0.00
    Nashik111.7₹/L+0.00
    Patna107.2₹/L+0.00
    Pune110.8₹/L+0.00
    Raipur102.4₹/L+0.00
    Rajkot96.19₹/L+0.00
    Ranchi99.84₹/L+0.00
    Salem103.3₹/L+0.00
    Shimla97.58₹/L+0.29
    Srinagar102.1₹/L+0.44
    Surat96.31₹/L+0.00
    Thane111.4₹/L+0.00
    Trichy103.0₹/L+0.00
    Vadodara96.08₹/L+0.00
    Varanasi97.39₹/L+0.00
    Visakhapatnam110.4₹/L+0.00
    Faridabad97.49₹/L+0.00
    Ghaziabad96.58₹/L+0.00
    Noida96.79₹/L+0.00
    Thiruvananthapuram107.7₹/L+0.00

    State wise list for Fuel Price

    StateFuel PriceCHANGE
    Andhra Pradesh110.4₹/L+-9.52
    Assam96.01₹/L+0.00
    Bihar107.2₹/L+0.00
    Chhattisgarh102.4₹/L+0.00
    Gujarat96.30₹/L+0.000
    Haryana97.33₹/L+0E-14
    Himachal Pradesh97.58₹/L+0.29
    Jammu And Kashmir99.80₹/L+0.219
    Jharkhand99.80₹/L+0.000
    Karnataka101.5₹/L+0E-14
    Kerala105.8₹/L+0.00
    Madhya Pradesh108.6₹/L+0.000
    Maharashtra109.2₹/L+0E-14
    Odisha103.1₹/L+0.00
    Punjab96.50₹/L+0.000
    Rajasthan108.4₹/L+0.00
    Tamil Nadu103.0₹/L+0E-14
    Telangana109.6₹/L+0.00
    Uttar Pradesh96.53₹/L+0E-14
    Uttarakhand95.28₹/L+0.06
    West Bengal106.0₹/L+0.00
    NCT of Delhi96.72₹/L+0.00

    Related Fuel News

    • No inflation risk from latest spike in oil prices: Economists

      No inflation risk from latest spike in oil prices: Economists

      Oct 1, 2023, 06:07AM IST

      "Unless retail fuel prices change, there is no direct impact of higher oil prices on Consumer Price Index. However, there will be some marginal impact in the form of higher input costs," said Aditi Nayar, chief economist, Icra.

    • Centre hikes windfall tax on crude oil to Rs 12,000 per tonne

      Centre hikes windfall tax on crude oil to Rs 12,000 per tonne

      Sep 29, 2023, 09:22PM IST

      The Indian government has increased the windfall tax on domestically produced crude oil to Rs 12,000 per tonne, up from Rs 10,000. In addition, the government has reduced the windfall tax on the export of diesel and Aviation Turbine Fuel (ATF).

    • Rich nations exploiting Paris Agreement clause to deny essential fossil fuel development in developing countries: India

      Rich nations exploiting Paris Agreement clause to deny essential fossil fuel development in developing countries: India

      Sep 29, 2023, 11:52AM IST

    • Rich nations exploiting Paris Agreement clause to deny essential fossil fuel development in developing countries: India

      Rich nations exploiting Paris Agreement clause to deny essential fossil fuel development in developing countries: India

      Sep 29, 2023, 11:33AM IST

      India has accused some developed countries of using Article 2.1(c) of the Paris Agreement to restrict fossil fuel development in developing nations while they continue to invest in fossil fuels themselves. India argues that developed countries are ignoring other provisions on climate finance and failing to fulfill their commitments to provide money to developing countries.

    • Sales of alternative fuel vehicles double in three years

      Sales of alternative fuel vehicles double in three years

      Sep 29, 2023, 12:34AM IST

      Growing consumer awareness about environmental challenges and improving infrastructure and availability are expected to speed up this trend and carmakers are gearing up to meet the growing demand. The market share of alternative powertrains - or, those not exclusively based on internal combustion engines - has increased to 12.95% in urban centres this year from 4.68% in 2020 and to 8.39% from 3.75% in rural centres, data collated by automotive consultancy Jato Dynamics shows.

    • Gadkari's new blueprint to curtail fossil fuel dependency is ready for FM's nod

      Gadkari's new blueprint to curtail fossil fuel dependency is ready for FM's nod

      Sep 28, 2023, 12:47PM IST

      India's Road and Transport Minister, Nitin Gadkari, has announced that a draft policy to incentivize the use of alternative fuels in construction machinery has been prepared. The proposal will be submitted to the finance ministry for approval. Gadkari's actions are in line with Prime Minister Narendra Modi's goal of making India a carbon-neutral country by 2047. Gadkari has previously suggested that road construction companies switch to using alternative fuel-powered equipment to save costs.

    • Dollar shines as oil surge spooks investors

      Dollar shines as oil surge spooks investors

      Sep 28, 2023, 08:20AM IST

      Dollar/yen hit 149.71 on Wednesday and traded at 149.40 on Thursday in Asia. The euro dropped 0.7% to a nine-month low of $1.0488 on Wednesday and last bought $1.0511. It is down more than 3% in September to eye its largest monthly fall on the dollar since April 2022.

    • Climate change and the shift to cleaner energy push Southeast Asia to finally start sharing power

      Climate change and the shift to cleaner energy push Southeast Asia to finally start sharing power

      Sep 27, 2023, 10:36AM IST

      The Association of Southeast Asian Nations or ASEAN is a political and economic gathering of 10 countries across a vast region, from tiny Brunei and Singapore to military-controlled Myanmar and fast-rising economic power Vietnam.

    • British International Investment eyes $1 billion investment in India clean energy projects

      British International Investment eyes $1 billion investment in India clean energy projects

      Sep 27, 2023, 09:45AM IST

      The British International Investment (BII) plans to invest $1 billion in Indian climate-related projects by 2026. The investment will focus on sectors such as bio-fuels and the circular economy, in line with the vision for the 2030 roadmap agreed between India and the UK. BII has already invested over $300 million in climate finance in India last year, with a current portfolio valued at $2.2 billion. The CEO of BII highlighted India's strong returns compared to other geographies, citing buoyant stock markets and a stable political environment in the country.

    The Economic Times