JOIN US ON TELEGRAM JOIN NOW

Check Daily Petrol Diesel Price In your City

Check Daily Petrol Diesel Price In your City:- For the ninth day in a row, petrol and diesel prices have gone up and even ordinary petrol in Rajasthan has crossed Rs 100. In Madhya Pradesh, petrol has reached 99. Prime Minister Narendra Modi has blamed the recklessness of previous governments for the continuous rise in petrol and diesel prices, which have become a hot topic across the country.

Check Daily Petrol Diesel Price In your City:-


Crude Oil price fall from 7-year high

Crude oil prices fell on Thursday after having climbed to a seven-year high as investors gauged supply issues and Fed policy tightening. Brent crude futures were fell 15 cents to trade at $89.81 per barrel. Meanwhile, US West Texas Intermediate (WTI) crude futures fell 20 cents, sitting at $87.15 a barrel, according to Reuters

Why are petrol prices so high in India?

The petrol prices are higher than the neighbouring countries of Pakistan, Bangladesh and Sri Lanka. The government, over the years has added many taxes on the core fuel price, making it expensive for consumers. Moreover, geopolitical situations in the US and the Gulf nations also pressurizes the supply of crude oil, thus impacting petrol prices.

The government plans to bring about more measure to bring down the price of petrol in India. However, it remains to be seen if the states co-operate with the Centre, so that a long-term solution can be found to arrest the rising fuel prices in India.

Impact of GST on Petrol Prices

Petrol and petroleum products are out of the purview of the GST. Therefore, as of now, the GST system has no impact on petrol prices in all the States. There is a widespread speculation over the inclusion of diesel and petrol under the GST regime in future. Experts predict that there could be a combination of GST and VAT on petrol products, which is a policy followed in other countries. However, the ultimate decision on this will be taken by the Central government in times to come.

The Prime Minister said on Wednesday that the middle class would not have come to see these days if previous governments had reduced their dependence on foreign countries for India's energy needs. Instead of directly mentioning the hike in petrol and diesel prices, the Prime Minister said that in the year 2019-20, India had to import 85 per cent of its crude oil and 53 per cent of its gas from abroad.

He questioned whether a talented country like ours could be so dependent on foreign countries for fuel during the inauguration of oil and gas projects in Tamil Nadu. "I do not intend to criticize anyone," he said. But, if previous governments had focused on this issue, the middle class would not have been burdened so much.

"To become self-sufficient on the energy front, we need to focus on pollution-free solutions," he said. Our government is sensitive to the middle class. That is why we have allowed more blending of ethanol in petrol for the benefit of both consumers and farmers.

Gujarat and all Indian City  Petrol Diesel Price In India Today. The usage and pricing of gasoline (or petrol) results from factors such as crude oil prices, processing and distribution costs, local demand, the strength of local currencies, local taxation, and the availability of local sources of gasoline (supply). Since fuels are traded worldwide, the trade prices are similar.

The Petrol Price list is available for the states like Andaman & Nicobar Islands, Telangana, Andhra Pradesh, Arunachal Pradesh, Puducherry, Punjab, Rajasthan, Sikkim, Tamil Nadu Assam, Bihar, Chhattisgarh, Dadra & Nagar Haveli, Daman and Diu, Delhi, Goa, Gujarat, Haryana, Himachal Pradesh, Jammu & Kashmir. Diesel Prices are updated for Jharkhand, Karnataka, Kerala, Lakshadweep, Maharashtra and Manipur. Also for Meghalaya,, Tripura, Uttar Pradesh, Uttarakhand, West Bengal Mizoram, Nagaland, Odisha, and Madhya Pradesh

Important Link

View Petrol Diesel Price Pincode

View Here

View Petrol Diesel Price Citywise

View Here

IOC Petrol Pump Price today

View Here

HP Petrol Pump Price today

View Here

BP Petrol Pump Price today

View Here


Thanks for visiting this useful post, Stay connected with us for more Posts.

What can you look into this page ?

Today's Petrol diesel price per Litre
Tomorrow's Petrol diesel price
Yesterday's Petrol diesel price per litre
Previous price changes / Historical trend

Post a Comment

2 Comments