Petrol, Diesel Prices Steady Across Metros: Check Current Rates

 

Petrol

The prices of petrol and diesel remain unchanged across metros, with the price of petrol being Rs. 71.33/litre in Chennai and Rs. 74.03/litre in Kolkata. Diesel is priced at Rs. 59.14/litre in Chennai and Rs. 60.04/litre in Kolkata

What are Petrol and Diesel?

Petrol and diesel are two of the most common types of fuel used in vehicles today. Petrol is a refined petroleum product that is typically used in gasoline-powered vehicles, while diesel is a heavier fuel that is used in diesel-powered vehicles. Both petrol and diesel are widely available at gas stations across the country.

Why are Petrol and Diesel Prices Important?

Petrol and diesel prices are important for a number of reasons. They impact the cost of transportation, which in turn affects the prices of goods and services.

The price of petrol and diesel also impacts the environment. burning these fuels emits greenhouse gases, which contribute to climate change.

Finally, petrol and diesel prices are a major source of government revenue. excise duty and value-added tax make up a large portion of the price of these fuels, so changes in their prices can have a significant impact on government finances.

How to Check Fuel Prices?

With petrol and diesel prices remaining steady across metros, it is a good time to check the current rates. Here are a few ways to do so:

1. Check the website of your local petrol pump. Most of them have an online presence and list the current prices of fuel on their website.

2. Use a mobile app like Fuel@India to check the prices of petrol and diesel in your city.

3. Give missed call to 1800-120-3235 to know the prices in your city through an automated voice response system.

Factors that Influence Fuel Prices

Refining Costs: Refining crude oil into petrol and diesel is not a cheap procesThe price of petrol and diesel is determined by a number of factors, including crude oil prices, taxes, and refining costs. Let's take a closer look at each of these factors to see how they can impact fuel prices.

Crude Oil Prices: Crude oil is the main raw material used to produce petrol and diesel, so it's no surprise that changes in crude oil prices can have a big impact on fuel prices. When crude oil prices go up, so do fuel prices. However, the reverse is also true - when crude oil prices fall, fuel prices usually follow suit.

Taxes: Taxes also play a role in determining fuel prices. In India, for example, excise duty and VAT make up a large portion of the retail price of petrol and diesel. So, when taxes on fuel are increased, it results in an increase in fuel prices.s. The costs associated with refining can impact the retail price of fuel. When refining costs go up, it often results in an increase in fuel prices.

How Can One Save on Fuel?

There are a few ways one can save on fuel. Carpooling, using public transport, cycling or walking instead of driving whenever possible are all great options. One can also save on fuel by driving more efficiently – avoid sudden acceleration and braking, keep your tyres properly inflated, and service your car regularly. Planning your journeys in advance can also help you to avoid getting stuck in traffic.