Explore the most recent petrol and diesel price updates for Mumbai and various other cities on November 6, 2024. Gain insights into the prevailing per-litre rates and grasp the determinants shaping the fluctuations in fuel prices on a daily basis.
[My Rewritten Version]: Every morning at 6 a.m., oil marketing companies (OMCs) reveal the current prices of petrol and diesel, showcasing a steadfast approach in the face of the unpredictable nature of these commodities. By aligning the prices with global crude oil rates and changes in foreign exchange values, OMCs make sure that customers stay updated on the most recent fuel expenses.
Today’s Fuel Prices in India
On November 6th, view the prices of petrol and diesel 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 |
Factors Impacting the Prices of Petrol and Diesel in India
The cost of petrol and diesel is significantly impacted by the price of crude oil, which serves as the main raw material for their production.
The relationship between the Indian rupee and the US dollar exchange rate affects India’s petrol and diesel prices due to its significant crude oil imports.
Taxation: The central and state governments levy different taxes on petrol and diesel, with varying rates in different regions, significantly impacting the final prices of these fuels.
Exploring the Expenses of Refinement:
The ultimate cost of gasoline and diesel is also impacted by the costs associated with processing crude oil into these fuels. Refining can be an expensive procedure, with the refining costs subject to variation depending on factors such as the quality of crude oil used and the efficiency of the refinery.
The prices of petrol and diesel may be influenced by the level of demand for them. An escalation in demand for these fuels could result in a surge in prices.
