Petrol and Diesel Price in Gondia

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DayChange

Petrol-0.3

Diesel-0.28

CNG

Today105.4791.98NA
25 Nov105.7792.26NA
24 Nov105.1591.66NA
23 Nov105.4791.98NA
22 Nov105.1591.66NA
21 Nov105.4791.98NA
20 Nov105.4791.98NA
19 Nov105.4791.98NA

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

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Gondia is a city in the state of Maharashtra. The city is witnessing a high demand for fuel with many vehicles to support the needs of the people in the region. So petrol price in Gondia affects the commerce of the local area as well as the state of Maharashtra. Variations in fuel price in Gondia causes inflation in the cost of running the industries. This leads to an overall increase in the cost of production and a decrease in profits.

The petrol and diesel prices in Gondia are decided by the Indian Oil Corporation (IOCL). The company considers global oil rates, currency exchange rates, local taxes, and several other factors before announcing the final reatail price. Whether you are a resident of Gondia or traveling to the city, knowing the day-to-day petrol price in Gondia has many advantages. It helps you manage your budgets and plan your journey accordingly.

Petrol price in Gondia

The fuel prices in India are increasing every day. Petrol prices have been staying at over ₹100 for months. The petrol price in Gondia has also been high and volatile like the rest of Maharashtra. The petrol price in Gondia today is ₹105.47.

Diesel price in Gondia

The price of diesel in Gondia is ₹<tdp. per litre today.

The process of refinement of diesel is less expensive than petrol. So the costs incurred at the refineries lead to a higher price for petrol when compared to diesel. Diesel prices are further lowered in comparison to petrol as the taxes on the import of diesel are lower.

Factors affecting the petrol and diesel prices in Gondia

  • Government Taxes: Excise duty, VAT and other state taxes contribute to the burden of the customers when buying petroleum, diesel or CNG.

  • Dealer's profit: OMCs, dealers, and sellers at the petrol pump must make a profit to maintain the supply of refined petroleum. The customer has to pay prices that include the profits of all these upstream stakeholders.

  • International and national factors: Fuel prices are affected by international events as well as national factors. They are shaped by the global economy and defined by the nuances of the local economy. Crude oil prices may be affected due to production issues at the source, acquisition by the Oil Marketing Companies (OMCs) or during any stage of their transportation. These may lead to increases in the price of crude oil and consequently in refined petroleum as well.

  • Capacities of the refineries: Even if crude oil is acquired at a steady rate, the supply would still remain unpredictable because of the operation of refineries in India. Some refineries can produce higher-quality petroleum than others. So good quality refined petroleum is only available subject to the proper running of these refineries. Any issue at this stage only increases the price of fuel.

  • Crude Oil Price and the exchange rate between the US dollar and Indian Rupee: The increase in petrol and diesle price is due to two major factors. The weakening of the Indian rupee against the dollar and the increase in crude oil prices in international markets. Crude oil is generally supplied by OPEC countries. 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. The price increase will affect the price of petrol as well

Conclusion

Park+ App offers you the simplest way to track the latest changes in the petrol, diesel, and CNG prices in Gonda and rest of the India. All you have to do is download the Park+ App and install it on your phone. You can search Gondia and find the prices of petrol and diesel for each day. You can see how the prices fluctuate over time. It's simple, effective, and quick!

FAQs

How do I find out the petrol price in Gondia for today?

Petrol prices are revised daily in India. As a result, they are constantly in a state of change. Whether they will increase or decrease tomorrow is very difficult to predict as they depend on too many complicated factors. So simply get the Park+ app and search for the petrol price in Gondia. It will show you the prices you are looking for.

Why is petrol cheaper in Kolkata than in Gondia?

Petrol prices are highly variable across places within India. Each state charges its own rates of taxation on petrol over what is charged by the Central Government. Kolkata is a densely packed city with a higher demand for petrol than Gondia. But still, petrol is cheaper in Kolkata because of the differences in state tax rates.

Will the petrol prices increase in Gondia?

Petrol prices in Gondia are affected by many things. These include valuation of INR, cost of crude oil, prices charged by stakeholders, taxes, the demand of fuel and supply from refineries. Nobody can say for certain how these factors will affect the price of petrol in the short term. But in the long run, increased demand will cause a rise in petrol prices in Gondia.