petrol prices After the increase in crude oil prices again on Friday, there has been a rise again across the country. With the increase in fuel cost. So far, 11 states across India have crossed the Rs 100 per liter mark on Friday. Petrol prices across India increased by 33 to 37 paise, while diesel prices remained unchanged.
Rajasthan, Madhya Pradesh, Maharashtra, Andhra Pradesh, Telangana, Karnataka, Jammu and Kashmir, Odisha, Tamil Nadu, Ladakh and Bihar are in excess of Rs 100 per litre. Petrol in Bhopal, Madhya Pradesh costs Rs 107.43, while diesel costs Rs 97.93 per liter, which is currently one of the costliest states in the country. In Jaipur, the capital of Rajasthan, the price of petrol is Rs 105.91 per liter and the price of diesel is Rs 98.29 per liter.
In Visakhapatnam, Andhra Pradesh, price of petrol Indian motorists will cost Rs 105.13, while diesel costs Rs 98.68 per litre. Neighboring Telangana, Hyderabad shows similar price margins with petrol priced at Rs 103.05 per liter and diesel at Rs 97.20 per litre.
Petrol in Bangalore, Karnataka costs Rs 102.48 per liter and diesel costs Rs 98.54 per liter respectively. Mumbai, the capital of Maharashtra, is one of the most expensive cities, with petrol costing Rs 105.24 per liter and diesel at Rs 96.72 per litre. In Patna city of Bihar, the price of petrol is Rs 101.21 per liter and the price of diesel is Rs 94.52 per liter.
Petrol price in Srinagar region in Jammu and Kashmir is Rs 102.11 per liter, while in Ladakh the price of petrol is Rs 104.56 per litre. Diesel price in Ladakh is Rs 95.79 per litre. In Odisha’s Bargarh district, the price of petrol is Rs 100.82 per liter and the price of diesel is Rs 98.05 per litre.
The price of fuel increases or decreases on several factors and is calculated taking into account the taxes that the state and central governments levy on fuel. Then of course there are additional charges such as freight charges, duty for excise duty, value to be charged from dealers, dealers’ commission as well as Value Added Tax (VAT).
On Friday, the AP reported that benchmark US crude for August delivery price rose $1.76 to $75.23 a barrel on Thursday. Brent crude for September delivery also rose $1.22 to $75.84 a barrel.
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