Petrol and Diesel Price in Datia
Datia is the district headquarters of Gwalior in Madhya Pradesh. This ancient town is mentioned in the Hindu sacred text of Mahabharata as “Daityavarka”. It serves as a spiritual destination for many pilgrims and devotees. It has many popular temples such as the Buglamukhi Devi Temple, Sidhapeeth of Peetambhara Devi, and Gopeshwar Temple.
This makes it a prominent place for pilgrims and devotees all around India. In the present era, Datia has also become a prominent trading center for cotton goods and grains in Madhya Pradesh. The town also has a thriving handloom industry.
Are you planning to travel to Datia to see its glorious temples? Or are you a resident of the district? Either way. one of the most crucial aspects that affect daily life is the petrol and diesel prices in Datia. Since the cost of fuel keeps on changing, knowing the exact diesel and petrol prices in Datia would be helpful.
In this blog post, we will tell you about the diesel and petrol price in Datia today, along with some useful information.
Petrol Price in Datia
The petrol price in Datia today is INR 107.18 per litre. Since yesterday, there has been no increase in the price of petrol.
The trend in the last 10 days shows that the petrol price is not fluctuating much in Datia.
Diesel Price in Datia
Now that we have discussed the petrol price in Datia, let's have a look at the diesel price in the district.
The diesel price in Datia today is INR 92.5 per litre. Just like the price of petrol, the price of diesel in Datia didn't increase or decreased since yesterday.
Talking about the price trends, the last 10-day trend of diesel prices in Datia show shows that the price of diesel is mostly stable.
Factors Which Affect the Price of Fuel in Datia
The reason behind petrol and diesel price volatility is the volatile crude oil price. Crude oil is unrefined oil that needs refining before becoming consumable. The price of crude oil changes almost every day. To compensate for the increase or decrease in crude oil price, the oil companies adjust the fuel rate in the market.
In addition to this, these factors influence the price of fuel in Datia and India in general –
Natural causes – Weather conditions, seasonal changes, and natural disasters can influence the availability of crude oil. This has a direct impact on the price of petrol and diesel.
Demand and Supply – The biggest suppliers of crude oil in the world are OPEC (Organisation of petroleum exporting countries) countries. Depending on the geopolitical situation or the condition of OPEC economies, the supply of crude oil can change. However, the demand for oil remains the same. This triggers price fluctuations.
Crude oil reserves – Countries that purchase oil from OPEC countries reserve some oil as backup. They use these reserves during high prices or short supplies.
Rupee to Dollar Exchange Rate - The rupee's value in relation to the dollar plays a significant role in determining the cost of crude oil in Datia. Since crude oil is priced in dollars, holders of other currencies will find it more expensive due to a strong dollar. Additionally, the weak rupee on the international market will increase the price of crude oil denominated in dollars.
Conclusion
So there you have it - that was all about the fuel prices in Datia and the main reasons behind their fluctuations. In case you want to read more such articles or want to be updated about the fuel prices in your city, make sure to download the Park+ app!
The app provides data on the recent fuel rate changes in your city. You can even turn n the notifications to be updated about the changes at all times. Additionally. Park+ offers other facilities like checking the status of eChallan, finding a spot to park your car, and paying toll tax instantly.