Petrol and Diesel Price in Ganderbal
Over the years, fuel prices are causing concern in every part of the country, and Ganderbal (Jammu and Kashmir) is no exception. The petrol price in Ganderbal seems to be on a rise, and so are the prices of other fuels (CNG, kerosene, LPG, and diesel).
Crude oil costs influence the fuel prices in Ganderbal to a great extent. Due to this, the demand for fuel has increased, thereby increasing its retail cost. Today, we will provide a clear understanding of the petrol and diesel prices in the city, including the recent trends and factors affecting them.
Petrol Price in Ganderbal
Petrol prices in every city are seeing a spike up. The petrol price in Ganderbal today is around Rs. undefined a litre, which is quite high. The petrol price in Ganderbal includes the state tax of Jammu and Kashmir.
Petrol Price Trend in Ganderbal - December 2022:
During the start of December, the petrol price in Ganderbal was Rs 102.04 a litre and didn’t change from the close of last month (Rs 102.04 a litre).
During December, the highest rate for Petrol was Rs.102.04 and didn’t change between the 1st to 10th of December.
During December, the lowest rate for petrol was also Rs.102.04, and it stayed unchanged between the 1st to 10th of December.
As of now, petrol prices in this area are staying steady at a high price of around Rs.102!
Diesel Price in Ganderbal
The diesel price in Ganderbal today is around Rs. undefined a litre. The diesel price in Ganderbal includes state taxes as well.
Diesel Price Trend In Ganderbal - December 2022:
During the start of December, the Diesel price in Ganderbal was at Rs 87.11 a litre and didn’t change from the close of last month (Rs 87.11 a litre).
During December, the highest rate for Diesel was Rs.87.11, and it didn’t change between the 1st to 10th of December.
During December, the lowest rate for Diesel was Rs.87.11, and it stayed the same between the 1st to 10th of December.
Factors that impact fuel prices in Ganderbal
Fuel prices are seeing a rise in almost every part of the country. Even in Ganderbal, fuel prices are affected by numerous factors like the global fuel market, demand and supply of fuel (domestic and international), state taxes, currency exchange rates, transport costs, etc.
The most important factor needs no guess - the global and the local fuel market! When there is a rise in the demand for oil, the oil price increases and vice versa. This impacts Ganderbal’s fuel prices directly. Another factor that affects the prices is the taxes! When the government imposes fuel taxes, fuel become expensive. This makes it difficult for people even to commute using their vehicles or even other forms of transport. Any other cost involved in refining the oil, transporting it, paying commissions, etc., gets added to the cost of fuel, thereby increasing the price even more.
Considering all these factors, residents are now looking for alternatives such as renewable energy sources, for instance, solar or wind power.
Conclusion
A hike in fuel prices can affect your budget and literally take you off guard if you aren’t updating yourself regularly. Staying abreast of the rest when it comes to your vehicle, its requirements (RTO, Fastag, fuel, etc.), and your budget, is no more a hassle. With the Park+ application and Park+ website, you can get access to all the information you need. Reminders can be set for those who want regular updates on the changing fuel prices.