Petrol, Diesel Prices in Anantapur

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DayChange

Petrol-0.07

Diesel-0.09

CNG

Today109.6197.42NA
25 Nov109.6897.51NA
24 Nov109.8297.62NA
23 Nov109.7197.54NA
22 Nov109.5197.36NA
21 Nov109.3397.19NA
20 Nov109.6197.42NA
19 Nov109.6197.42NA

Note : there may be slight variations in prices across outlets within a city

The petrol and diesel prices in Anantpur are witnessing frequent fluctuations in the last few months. Factors like the weakening INR against the Dollar and the increasing cost of crude oil in the international markets are some of the reasons behind these fluctuations.

M Web Banner for PPL Since Anantapur is witnessing rapid development, the demand for fuel is increasing too. Hence, the frequent fluctuations in prices affect the lives of the residents as well as the people travelling or passing through the city.

If you’re living in Anantapur or are planning to travel there, it is important to know about the diesel and petrol price in Anantapur. Here is a detailed breakdown of each one of them.

Let's get started!

Petrol Price In Anantapur

The petrol price in Anantapur today is Rs 109.61 per litre. When compared with other parts of the country, the petrol price in Anantapur is relatively high. On top of these, there are frequent fluctuations in the prices too. For example, in the first week of December 2022, the petrol price fluctuated between Rs 111.17 and Rs 111.95.

When comparing today’s price with the prices in the month of March and April 2022, the price of petrol today is slightly on the lower side. In the month of March, the petrol price in Anantapur was around Rs 116.95 per litre. On the other hand, the prices increased to Rs 120.89 in April.

Not only in the year 2022, but the prices were following a similar trend in 2021 as well. For example, in the month of June 2021, the petrol price was Rs 100.61. In the month of July, the petrol price was Rs 104.61. In August 2021, the petrol price in Anantpur was Rs 107.65.

Diesel Price In Anantapur

Apart from petrol, diesel is the second most in-demand fuel in Anantapur. When it comes to the diesel price in Anantapur today, it is around Rs 97.42 per litre. If we compare it with the petrol price, the diesel price is lower.

Similar to the petrol prices, the diesel price is also witnessing slight fluctuation. In the first week of December 2022, the price of diesel was fluctuating between Rs 98.96 and Rs 99.52.

Similarly, in March 2022, the price of diesel in Anantapur was Rs 102.77. On the other hand, it increased to Rs 106.54 in April.

Factors Affecting the Petrol and Diesel Prices in Anantapur

Now that we have talked about the current petrol and diesel prices in Anantapur, let's have a look at some of the common factors that influence these prices.

  • Crude oil prices in the international markets: The Indian government imports crude oil from foreign countries like Russia, Saudi Arabia, etc. Thus, the prices of crude oil in international markets also have an impact on the petrol and diesel prices in India.

  • The exchange rate between INR and Dollar: A weakening rupee against the dollar makes importing crude oil expensive and will directly impact the fuel prices in the country.

  • Taxes and duties charged by the governments: The petrol and diesel prices in Anantapur are also affected by taxes imposed by the central and state governments. The central and state governments impose taxes on fuel such as excise duty and value-added tax (VAT) respectively. These taxes significantly increase the final retail price of petroleum products in the city.

  • Refinery charges: The money spent on refining crude oil into petrol and diesel also affect the retail price of fuel in India. The refinery charges generally include labor costs, electricity, equipment charges, etc. It can vary depending on the location and working capacity of the refinery.

What Taxes Are Included In The Retail Price Of Fuel

It is reported that almost 54% of petrol retail price comprises taxes. In the case of diesel, it is around 49%.

The central government taxes the production of petroleum products whereas the state taxes the sale of petroleum products. The central government levies excise duty on petrol and diesel price. On the other hand, the state government charges a VAT tax on diesel and petrol prices. The excise duty is the same across all the states whereas different states levy different VAT taxes on petroleum products.

Conclusion

So that was all about the petrol and diesel price in Anantapur. We hope you found the information offered in this article helpful. In case you are looking for an application that can help you stay updated with the latest changes in fuel prices in Anantapur, make sure to check out the Park+ app.

It is a user-friendly application that will offer you the latest information regarding petrol and diesel prices in almost every Indian city and district. All you need to do is download and install the app on your phone and search for your city. You can even compare the current fuel prices with that of the previous day or days before.

FAQs

Is The Petrol Price In Anantapur the Same As The Petrol Price In Other Cities?

The petrol price in Anantapur varies from other cities. There are many factors that contribute to the price difference. One factor is the VAT tax that the state government puts on petroleum products. Different states levy different VAT charges and because of different VAT charges, you see the difference in the price.

Does Diesel Come Under GST?

As of now, diesel doesn't come under the GST slab. In fact, diesel, petrol, and CNG don’t come under GST.

According to experts, if diesel comes under GST, the price of diesel may come down.

What Are The Ten Leading Petrol Pump Companies In India?

There are many petrol pump companies in India. The major ones are ONGC, Bharat Petroleum, Indian Oil Corporation, Reliance Petroleum Limited, Cairn India, Hindustan Petroleum Corporation, Essar Oil Limited, Oil India Limited, Tata Petrodyne, and Adani Welspun Exploration Limited.