Petrol, Diesel Price in Ballia

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DayChange

Petrol-0.47

Diesel-0.46

CNG

Today95.7288.86NA
24 Nov96.1989.32NA
23 Nov95.5588.69NA
22 Nov95.5988.74NA
21 Nov95.7188.85NA
20 Nov95.8789.01NA
19 Nov95.6788.82NA
18 Nov96.1989.33NA

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

The prices of diesel and petrol have been fluctuating in India, especially after the latest price revisions implemented by OMC or Oil Marketing Corporations. Fuel experts from different parts of the world are of the opinion that the high and intensive rise of diesel and petrol prices is bound to have far-fetching impacts. They feel the price rise will deeply affect the everyday life of Indians living in different cities for sure.

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The prices of crude oil are on the rise all over the world, which has a rippling effect on the prices of diesel and petrol. Along with every other district and city, Ballia is also experiencing significant changes in fuel prices. And since the petrol and diesel prices affect the cost of everything, it is important to be aware of the accurate fuel prices in your city.

Whether you are a resident of Ballia or planning a trip there, it makes sense to double-check the latest petrol and diesel price in Ballia before starting your journey. And that's what we are going to talk about in this article. Read on!

Petrol Price in Ballia

The petrol price in Ballia today is Rupees 95.72 for every litre. Petrol price in Ballia is fluctuating between INR 95.55 and INR 96.19 for the past eight days.

Diesel Price in Ballia

The diesel price in Ballia, is Rs. 88.86 per litre. The diesel price in Ballia has moved between Rs. and Rs. in the last 8 days. Incidentally, state taxes are included in determining the prices of diesel, as well as gasoline.

The diesel prices are cheaper than that of petrol in Ballia and other parts of the country as the latter is a more refined form of fuel.

Reasons for Fluctuations in Fuel Prices in Ballia

Now that we have talked about the latest petrol and diesel price in Ballia, it is important to understand the reasons behind these fluctuations. There are several internal and external factors that affect fuel prices in a city. Let's have a look at some of them:

  • Crude Oil Price and the exchange rate between the US dollar and Indian Rupee: These are the two biggest reasons for fluctuations in fuel prices in Ballia. The increase in crude oil prices in the global markets and the downfall of the INR against the Dollar. For example, most of the crude oil is supplied by OPEC countries. When there is uncertainty or issues in any of these countries, a shortage in the supply of crude oil happens. So, the price of crude oil increases in the international market. This ultimately leads to an increase in petrol and diesel price in Ballia.

  • Excise duty imposed by the central government: In India, the central governments import a large amount of crude oil from foreign nations. Thus, the citizens must pay heavy excise duty on petrol and diesel.

  • State’s VAT tax: It is another key factor that contributes to the change in the price of petrol is the imposition of the VAT tax. The State governments impose their own VAT tax on the prices of petrol and diesel. It is imperative to note that the VAT differs from one state to another.

Along with these factors, refinery charges and dealers' commissions are added to the final price of petrol and diesel in Ballia.

Conclusion

So there you have it - that was all about the petrol and diesel price in Ballia and the reasons why it fluctuates frequently.

Do you want to be updated about the recent changes in the diesel and petrol prices in Ballia? If yes, then consider downloading the Park+ app from AppStore or Google Play Store today!

The Park+ app is your one-stop solution for all your car and fuel-related inquiries. It allows users to check the latest fuel prices in their city, and compare them with the previous day or a few days earlier. You have to simply enter the place name to find the fuel prices for that city or district. You can also turn on the notification for your city and be updated about the changes in the fuel prices there.

So download the app today and enjoy all the benefits!

FAQs

What is the impact of changing the petrol price in Ballia?

The rising diesel and petrol costs in the country are having a negative influence on organizations cutting across different domains. However, an equally grave concern is that they also have an effect on the citizens as well. After all, fuel consumption has gone up, competing with the vehicle population of the region.

There is a high likelihood of a rise in ticket prices to commensurate with the loss incurred by the transportation facility. As such, transportation cost in this city has gone up drastically in recent times. It is evident that the monthly budgets of the people in Ballia are bound to also shoot up. Additionally, they have to rearrange the ratio of their earnings-to-savings to meet the change in petrol price in Ballia.

What should be your plan of action when fuel prices go up?

It is always better to keep a tab on Ballia’s petrol and diesel prices on a daily basis. You can visit the Park+ website or use the Park+ app as it has a fuel price indicator for an Indian city. This way, we can stay in complete sync with the latest fuel prices in Ballia and tweak your monthly budget accordingly.

You can enable notifications or set daily reminders to make sure to decrease or increase the diesel or petrol price once daily. Thereafter, tweak your budget accordingly.

How are the prices for diesel and petrol ascertained in India?

There are several factors that influence fuel prices in India. These include the demand for fuel, global cues, the price of crude oil, and the exchange rate of INR to the American dollar.