Fuel Prices in India Show Minimal Change Despite Rising Crude Oil Costs

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Apologies for the extra information. Here is the revised response:

Petrol and diesel prices in India remained constant on January 14, despite a 1% increase in Brent crude oil prices. The prices of petrol vary across states and range between Rs 96 and Rs 106, while diesel prices range between Rs 84 and Rs 94.

In Gautam Budh Nagar district (Noida-Greater Noida) of Uttar Pradesh, petrol was priced at Rs 96.79 per litre and diesel at Rs 89.96 per litre. In Chandigarh, petrol and diesel prices remained unchanged at Rs 96.20 and Rs 84.26 per litre, respectively.

In Lucknow, petrol was sold at Rs 96.57 per litre and diesel at Rs 89.76 per litre. In Gurugram, the price of petrol was Rs 97.18 per litre, while diesel increased by 33 paise to reach Rs 90.05 per litre.

Currently, petrol in Delhi is priced at Rs 96.72 per litre, and diesel is priced at Rs 89.62 per litre. In Mumbai, petrol is available at Rs 106.31 per litre and diesel at Rs 94.27 per litre. In Kolkata, petrol is priced at Rs 106.03 per litre, and diesel is priced at Rs 92.76 per litre. Meanwhile, in Chennai, petrol is sold at Rs 102.63 per litre, and diesel is priced at Rs 94.24 per litre.

The prices of petrol and diesel in India are determined by oil marketing companies such as Indian Oil, Bharat Petroleum, and Hindustan Petroleum. These prices are determined on a daily basis, taking into account the international price of crude oil.

The variation in fuel prices across states is due to factors like Value Added Tax (VAT), freight charges, and local taxes, among others.

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Shreya Gupta
Shreya Gupta
Shreya Gupta is an insightful author at The Reportify who dives into the realm of business. With a keen understanding of industry trends, market developments, and entrepreneurship, Shreya brings you the latest news and analysis in the Business She can be reached at shreya@thereportify.com for any inquiries or further information.

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