Petrol and Diesel Price in Garhwa

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DayChange

Petrol0.61

Diesel0.6

CNG

Today100.2695NA
25 Nov99.6594.4NA
24 Nov100.4595.19NA
23 Nov100.2795.01NA
22 Nov100.4695.2NA
21 Nov100.695.34NA
20 Nov100.4495.19NA
19 Nov100.2795.01NA

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

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The fuel prices in Garhwa are witnessing frequent fluctuations. One of the biggest reasons for this is that Oil Marketing Corporations or OMCs have made a revision of the petrol prices. We will explore the petrol price in Garhwa in this article.

Whenever the prices of petrol or diesel go up, it also has an influence on the price rise of other essential commodities in the market. Garhwa like other places in the country is also witnessing volatility in the prices of petrol and diesel with the increase in the prices of crude oil globally.

Let's have a look at the current petrol and diesel prices in Garhwa.

Petrol Price in Garhwa

So, what is the latest petrol price in the city of Garhwa? The petrol price in Garhwa today is Rs. 100.26 per litre. There have been no changes in the price of petrol here in the last twenty-four hours. However, that does not mean that the fuel prices are stable here.

Diesel Price in Garhwa

The most recent diesel price in Garhwa is Rs. 95 per litre. There have been no changes in the price of diesel since yesterday. It should be noted that the final prices of diesel and gasoline include state taxes.

Factors Affecting Fuel Prices in Garhwa

The surge in the costs of diesel and petrol in the country is having a major impact on companies across various verticals. However, citizens are also getting drastically affected by this unprecedented price rise. At the same time, fuel consumption has been increasing with the rising population of vehicles in the town.

One of the biggest factors that cause fluctuations in the petrol and diesel prices in Garhwa is the weakening of the Indian rupee against the dollar. As the INR becomes weaker, the cost of importing petrol from foreign countries increases.

Further, as most of the crude oil is supplied by OPEC countries, changes in the cost of crude oil in those countries are reflected in India too. For example, when there is uncertainty in any of these countries, a shortage in the supply of crude oil happens. Once this happens, the price of crude oil increases in the international market.

Moreover, both the central and state governments charge their own taxes on petrol and diesel. The central government charges a fixed tax called excise duty. On the other hand, each state government levies its own VAT tax on petrol and diesel. This tax differs from state to state.

The price rise also means that people in the city need to make adjustments to their monthly budget to manage their finances accordingly. So, it is crucial to keep a track of petrol and diesel prices in Garhwa and be updated about all the recent changes.

In Conclusion

It has become easy to stay updated with the latest price of petrol and diesel in Garhwa, thanks to the Park+ app. Alternatively, you can also go to the Park+ portal and check out our fuel price indicator.

Thus, the app and the website help you to stay updated about changes in the price of petrol and diesel in Garhwa and make informed decisions accordingly. You can also set daily reminders or also enable notifications to never miss an update!

FAQs

How to get petrol price in Garhwa, Jharkhand?

In case you wish to know the petrol price in Garhwa, Jharkhand, or any other city in India, you may log into this wonderful app called Park+. It is an incredibly handy app that offers you a one-stop solution for all your vehicle and parking-related queries. You can use this app to keep tabs on the latest prices of petrol in different Indian cities very easily. Additionally, it is also possible to set daily reminders on this app to get notifications on daily petrol prices, no matter where you live in India.

Is petrol cheaper in Jharkhand as compared to its neighbouring states?

Yes, petrol is reasonably cheaper in Jharkhand as compared to its neighbouring states. States, such as West Bengal, Bihar, Odisha, and Chhattisgarh have higher petrol rates in comparison to Jharkhand. The Government of Jharkhand slashed the price of petrol in the state for providing relief to the common people in the state.

The steep rise in fuel had deeply affected the middle-class and lower-class people in the state. The price revision was made keeping in mind the plights of the people who own two-wheelers in the state.

Prices of diesel and petrol are different in each state in India. The rate depends on several factors, like prices of crude oil internationally, freight charges, and Value Added Tax. It is the responsibility of the Oil Marketing Companies to revise the diesel and petrol prices daily at 6 am.

What are dynamic fuel prices in India?

At present, the prices of diesel and petrol are updated at 6 am every day in India. This technique of updating fuel prices daily in the country is referred to as dynamic fuel prices. Due to this new technique, even the smallest fuel price changes are transferred to fuel suppliers and purchasers.

The Indian Government has given a nod to the oil marketing companies to determine the retail price of the fuel. They can do so depending on the changes in the currency exchange rate and global oil prices. It is interesting to note that the dynamic price method was not there always. Previously the prices of fuel were updated every fortnight.