New Delhi: Tensions between the US and Iran have escalated once again. The US has intensified its attacks, and Iran is retaliating. Consequently, global crude oil prices have begun to fluctuate. If this situation persists, crude oil prices in the international market could rise, which is bound to impact Indian petroleum companies.
On July 23, Indian petroleum companies did not alter petrol and diesel prices; rates in India remain stable. If you wish to refuel your vehicle, whether a car or a bike,ke you can check the latest city-specific prices beforehand to clear up any confusion.
Check petrol and diesel rates in these major cities
You can check petrol and diesel prices in Patna, the capital of Bihar; here, petrol is priced at ₹114.13 per litre, while diesel is selling at ₹113.37 per litre. In Lucknow, the capital of Uttar Pradesh, petrol is recorded at ₹101.89 per litre, while diesel is trending at ₹101.86 per litre.
In Noida, adjacent to Delhi, the price is recorded at ₹101.89 per litre, with diesel trending at ₹101.96 per litre. In the national capital, Delhi, petrol is priced at ₹102.12 per litre, and diesel is also recorded at ₹102.12 per litre.
Check petrol and diesel prices in these cities as well
In Begusarai, the price of petrol is recorded at ₹114.15 per litre, while diesel is at ₹113.94 per litre. In Bhagalpur, petrol is priced at ₹114.14 per litre, and diesel is trending at ₹114.37 per litre. In Darbhanga, the price of petrol is recorded at ₹114.50 per litre, while diesel is priced at ₹114.16 per litre.
In Gaya, petrol is priced at ₹114.13 per litre and diesel at ₹114.31 per litre. Meanwhile, in Muzaffarpur, petrol is priced at ₹114.50 per litre and diesel at ₹114.10 per litre. In Ranchi, the rate for petrol is ₹105.17 per litre, while diesel is priced at ₹106.19 per litre.
In Deoghar, the price of petrol is ₹104.99 per litre, and diesel is also priced at ₹104.99 per litre. In Dhanbad, petrol is priced at ₹104.99 per litre, while diesel is trending at ₹105.36 per litre. In Jamshedpur, petrol is priced at ₹106.51 per litre, while diesel is recorded at ₹105.28 per litre.
How Prices Are Determined
It is worth noting that petrol and diesel prices in India depend on the cost of crude oil. However, several other factors also influence the rates. International crude oil prices, the rupee’s exchange rate against the dollar, taxes levied by central and state governments, refining costs, and transportation expenses all play a significant role. Consequently, petrol and diesel prices vary across different states and cities.
