Petrol, Diesel Fresh Prices Announced: Check Rates In Your City On October 24
Explore the most recent petrol and diesel prices in Mumbai and other cities for October 24, 2024. Familiarize yourself with the current per litre rates and grasp the various factors that impact the daily fluctuations in fuel prices.
The prices of petrol and diesel are disclosed daily at 6 a.m. by oil marketing companies (OMCs), displaying a remarkable level of consistency despite the volatile nature of these commodities. These OMCs make necessary price adjustments according to global crude oil prices and changes in foreign exchange rates to keep consumers updated on the current fuel expenses.
Explore the petrol and diesel prices on October 24 across various cities:
| City | Petrol Price (Rs/litre) | Diesel Price (Rs/litre) |
| Delhi | 94.72 | 87.62 |
| Mumbai | 103.44 | 89.97 |
| Chennai | 100.85 | 92.44 |
| Kolkata | 103.94 | 90.76 |
| Noida | 94.66 | 87.76 |
| Lucknow | 94.65 | 87.76 |
| Bengaluru | 102.86 | 88.94 |
| Hyderabad | 107.41 | 95.65 |
| Jaipur | 104.88 | 90.36 |
| Trivandrum | 107.62 | 96.43 |
| Bhubaneswar | 101.06 | 92.91 |
Exploring the Influential Factors on Gasoline and Diesel Costs in India
Crude oil price plays a crucial role in determining the final expenses of petrol and diesel since it serves as the main raw material for their production.
India’s petrol and diesel prices are significantly impacted by the exchange rate between the Indian rupee and the US dollar due to the country’s substantial reliance on crude oil imports.
Taxation: The central and state governments levy a range of taxes on petrol and diesel, with variations existing between states. These tax disparities directly impact the final costs of petrol and diesel for consumers.
Analyzing the expenses associated with the refining process:
The ultimate cost of gasoline and diesel is also impacted by the costs associated with converting crude oil into these fuels. Refining can be an expensive procedure, with expenses varying depending on factors such as the grade of crude oil used and the efficiency of the refinery.
Petrol and diesel demand dynamics: Fluctuations in the demand for petrol and diesel have a direct impact on their pricing. An upsurge in demand can result in elevated prices for these fuels.
Know the price of petrol and diesel through SMS
Discovering the most recent petrol and diesel prices in your area is now possible via SMS. For Indian Oil clients, simply text RSP followed by the city code to 9224992249. BPCL customers can obtain the latest fuel prices by texting RSP to 9223112222. Conversely, HPCL patrons can inquire about petrol and diesel prices by texting HP Price to 9222201122.
