Petrol and Diesel Price in Jhargram

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DayChange	Petrol-0.03	Diesel-0.03	CNG
Today	106.27	92.77	NA
03 Jan	106.27	92.77	NA
02 Jan	106.27	92.77	NA
01 Jan	106.27	92.77	NA
31 Dec	106.27	92.77	NA
30 Dec	106.27	176	NA
29 Dec	106.27	92.77	NA
28 Dec	106.27	92.77	NA
27 Dec	106.27	92.77	NA
26 Dec	106.27	92.77	NA

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

Jhargram is a well-known tourist destination in West Bengal due to the forests nearby and also the temples and royal palaces. The main occupation in the region is agriculture. Being such an important city with a large flow of tourists, the region depends heavily on its vehicles. So the petrol price in Jhargram is followed with a close eye by many people. Any change in prices can affect the budget of those who plan to travel here.

Petrol price in Jhargram

Petrol is very important as most vehicles run on it. The petrol price in Jhargram today was ₹106.27 per litre. Fuel costs in Jhargram have been holding fairly steady in the last few days.

The fluctuations over the past 8 days have ranged between ₹106.27 and ₹. But any fluctuations beyond this point would be difficult for the people to manage as the price is already well above ₹100.

So why do petrol prices change? Changing demand and uneven supply of crude oil lead to changes in the prices of crude oil and the price of petrol. Political turmoil in the country of extraction of crude oil also impacts global petroleum prices. So does unexpected bad weather on the high seas which affects the shipping routes of oil.

High-quality crude oil costs higher and its import increases the cost of petrol locally. Developing countries like India have a high demand for oil and this demand is expected to increase as the countries develop economically. These and many other factors are very consequential in determining the price of petrol both globally and in India.

Diesel price in Jhargram

Most expensive cars which have high-end engines require diesel fuel. So the price of diesel affects the owners of these cars directly. The diesel price in Jhargram for the day was ₹92.77 per litre.

In the last eight days, the cost of diesel in Jhargram has not shifted too much from its recent mean and stayed between ₹92.77 and ₹176. Even though diesel prices are lower than petrol, it is still getting frightfully close to ₹100 and people can only absorb very little fluctuation from the current price of diesel at this point.

The main driver of diesel prices is tax. In fact, diesel is priced lower than petrol principally because petrol is taxed more. But these same taxes increase each year and the diesel price slowly creeps up. In fact, the taxes are predetermined as amounts of money per litre of fuel and decided as a percentage of its price.

So even if the diesel is imported for lower prices, the tax paid for it does not decrease than the predetermined amount. Besides, the tax paid during import is more central taxes like VAT and GST. On top of these, the state determined taxes add to a huge tax bill paid by each customer. This makes the diesel price go higher.

Conclusion

The price of petrol, diesel and CNG have such a great impact on the lives of people and how they earn their livelihood. So everyone has a vested interest in monitoring the oil prices of the day. The Park+ App is a convenient resource for this. You can download the app and search for Jhargram or any other location in India. You can then look at the price of petrol, diesel and CNG for the past 8 days and compare across locations.

FAQs

What is the petrol price in Jhargram?

The petrol price in Jhargram changes abruptly and has direct consequences for the local people. So it is prudent to know the price of petrol here every day. An easy way for you to follow the price of oil in Jhargram is to use the Park+ App.

Why does the price of petroleum change seasonally?

Price of petrol, diesel and CNG are always in flux. Some of these changes have a seasonal pattern as people’s activity and economy also has seasonal fluctuations. For example, in cold places, the heaters run during winter which raises fuel use. Similarly, in hot places, ACs run during summer and a lot of fuel is consumed as a result. During holidays people travel more and oil demand increases. Such seasonal variations in local demand lead to seasonal fuel price variations.

How do OMCs affect oil prices?

Oil Marketing Companies or OMCs are responsible for purchasing oil from crude oil producers. They sell crude oil as well as refined oil to other dealers. This is a very important service as they ensure the supply of oil to countries which do not have oil deposits. But they make large profits during the sale of their products. This is eventually rolled over to the customers when they buy petrol, diesel or CNG at the petrol pump.