Fuel price in Hanumangarh

Hanumangarh is a city in Rajasthan, famous for its temples with great historical importance. The city was once under the ambit of the Indus Valley Civilization. Tourists have a lot to see here as recent excavations have revealed magnificent artifacts of a bygone era.

Transport plays a major function in the city as it is densely populated, filled with markets & tourists. So, the petrol price in Hanumangarh has a huge impact on the city's overall economy. Let's have a look at the current petrol and diesel prices in Hanumangarh.

Petrol price in Hanumangarh

The current price of petrol in Hanumangarh is INR 106.21 per litre.

Additionally, the Rajasthan government collects a significant amount of tax revenues on the sale of petrol, which is a major factor in the rising petrol price in Hanumangarh.

As the cost of all goods & services is directly proportional to fuel price, the rising prices are making the cost of living more expensive for the local people.

Diesel price in Hanumangarh

The current price of diesel in Hanumangarh is INR 91.73 per litre. The price of petrol here has been quite unstable during the last couple of weeks.

Diesel is always in big demand here because of its use in the tourism sector and the industrial sector. Diesel is extracted from crude oil and as India buys crude oil from overseas - the price structure of diesel is highly reliant on external factors. So, the price of diesel in Hanumangarh is mainly affected by overseas factors as opposed to domestic factors.

The break-up of fuel price components in a given state

Let's break down the concept of 'Dynamic Fuel Pricing' by looking at the example below

The first price components to consider would be - Price of global crude oil and the freight costs. After this, the profit margin of the Oil Marketing Company, the cost of transportation, refining, and related operational expenses are added to the cost.

After that, the Central Excise Duty and the Road Tax are included in the price. Then comes the Dealer's Commission. Finally, the Value Added Tax (VAT) comes into the equation along with the pollution tax surcharge of Rs. 0.25 per litre.

Once all of this is considered, we would get the final retail selling price of diesel and petrol in an arbitrary state of India.

Conclusion

You can easily keep track of the ever-changing petrol, diesel, or CNG prices across different cities and districts by using the Park+ app. If you want to know the petrol price in Hanumangarh - log into the app, go to the search bar, and type - Hanumangarh.

The app can deliver push notifications to you daily regarding petrol price changes, CNG rates, changes in fuel prices, ups, and downs across several cities, etc. So, make sure to download the Park+ app to stay updated and make the right decisions.