Petrol, Diesel Price Auraiya
Auraiya is a district in Uttar Pradesh that connects vehicles to other cities and districts through national highways passing through it. Fuel price changes in Auraiya affect everyone residing in and travelling from the district. The price of petrol and diesel fluctuates daily and is reset each day. Staying updated with the latest prices will go a long way in making monetary and budget-based decisions in daily life.
Petrol Price in Auraiya
The petrol price in Auraiya today is Rs. 94.97/litre, the price of petrol has been quite steady with prices moving between Rs. 94.95 and Rs. 95.24/litre.
Diesel Price in Auraiya
The diesel price in Auraiya today is Rs. 88.13/litre, the price of diesel has been facing minor fluctuations between Rs. 88.11/litre and Rs.
Reasons for fuel price fluctuations in Auraiya
The price of petrol and diesel in Auraiya has been rising and falling intermittently this year. Several factors have intensified fuel price inflation around the world and India has been experiencing the same. The downfall of the INR against the USD, skyrocketing prices for crude oil overseas, and the global economy which was upended by Russia's war are all behind the price fluctuations. To alleviate the plight of Indian citizens paying high prices for fuel, the Indian government slashed taxation on fuel a few months back. Uttar Pradesh was one of the foremost states to benefit from this price cut where fuel prices were lower than most states in the country.
With that said, let's have a look at the reasons for the fluctuations in fuel prices in Auraiya in detail:
The increased crude oil prices in global markets: The crude oil prices in the global markets are affected by multiple reasons. It includes political tensions, demand and supply, a war between crude oil-producing countries, and more. Since India imports crude oil from foreign nations, the fluctuations affect the petrol and diesel prices in Indian cities and districts.
Taxes charged by the governments: In India, both the central and state governments impose taxes on petroleum products. While the central government charges hefty excise duty, the state governments impose their own VAT taxes. Such taxes increase the petrol and diesel price in Auraiya significantly.
Rupee and Dollar exchange rate: The reducing value of the Indian rupee against the US dollar also has a huge impact on fuel prices in Auraiya. A weaker rupee means that the cost of importing crude oil will be higher, leading to an increase in the price of petrol and diesel.
Refinery charges: The cost of refining the imported crude oil and turning it into finished petroleum products is also added to the final cost of petrol and diesel.
Auraiya is a key district that plays a central role in connecting passengers and tourists to neighbouring cities and districts. A fuel price change in Auraiya will have an inevitable impact on everyone who uses the NH 19 that passes through the town to reach cities in and around Uttar Pradesh.
Fortunately, Uttar Pradesh is also planning to roll out a further slashing of fuel prices based on the current price of crude oil overseas which has significantly come down in recent months.
Conclusion
All products and services in the modern economy charge a transportation fee that is placed on the end user's head. Thus, you should be aware of the latest fuel prices to tackle your daily, monthly, or weekly expenditure on travel. And this is where the Park+ app comes into the picture!
Park+ is a user-friendly app that brings you the latest information about fuel prices from all over the country. Created with optimal user-friendliness and effortless navigation in mind, the app is a fuel price repository that allows you to look up fuel prices from any city or district in India. Not only this, but you can also turn on the notification for your respective city to be always updated about the changes in fuel prices.
Download the app on Play Store or App Store and set up notifications for your city or district to be alerted about important fuel price changes in India.