Fuel price in Junagarh

Enter place to get fuel prices

DayChange

Petrol-0.46

Diesel-0.45

CNG

Today95.5291.22NA
25 Nov95.9891.67NA
24 Nov95.4791.16NA
23 Nov95.4791.16NA
22 Nov95.4791.16NA
21 Nov95.4791.16NA
20 Nov95.791.38NA
19 Nov95.3291.02NA

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

M Web Banner for PPL

Junagadh, a city situated at the base of the Girnar hills, is the seventh largest city in Gujarat. This city is a bustling tourist and education hub of the state. It is important for people living in and around Junagadh to keep track of the fuel prices in the city. This is because fuel prices can change on a day-to-day basis depending on different market conditions and people will need to know these prices to be able to adjust their fuel budgets accordingly.

Petrol price in Junagarh

The petrol price in Junagadh has fluctuated continuously over the last few days. The petrol price in Junagarh today stood at ₹ 95.52 per litre.

Diesel price in Junagarh

Diesel price in Junagarh are also fluctuating similar to the petrol prices in the city. The price of diesel in Junagarh stood at ₹ 91.22 per litre.

Factors affecting fuel price fluctuations in Junagadh

There are a number of factors that affect the prices of fuel in Junagadh. Some of them include:

Exchange rates

This is a key factor that affects fuel prices in Junagadh. Indian oil corporations import oil from foreign countries and pay for it in dollars. So, any fluctuation in the exchange rate between the rupee and the dollar will directly affect the price of fuel in the Junagadh market.

Demand fluctuations

Economic expansions and the increasing number of private vehicles in the city of Junagadh have led to an increase in fuel demand. This rise in demand causes fuel prices to rise.

Crude oil prices

Any changes in the crude oil prices in the global market will reflect in the fuel prices in Junagadh especially since crude oil costs make up more than 60% of the fuel prices. Several factors affect global crude oil prices like decreased production, increased demand, and political unrest. The conflict between Russia and Ukraine is an important aspect affecting fuel prices in Junagadh in recent months.

Demand and supply mismatches

When crude oil prices rise in the international market and the fuel supply decreases, Indian oil corporations may find it challenging to meet the fuel demand of Junagadh. Companies involved in oil refining keep crude oil on hand for up to 6 weeks. This also affects fuel prices in Junagadh.

Taxes

Both the central and the state government levy taxes on petrol and diesel. This forms a major component of the fuel prices in Junagadh. The tax levied by the central government is called excise duty and is currently 20% of the cost of petrol and 17.6% of the cost of diesel. The VAT levied by the Gujarat government on petrol is 15.79 rupees per litre. This is 19.46% of the total sum of fuel price paid to dealers, excise taxes, and average dealer commissions.

Logistics

Not everyone in Junaghad lives near oil refineries. This means that fuel needs to be transported to the consumer points from the refineries incurring transportation costs. This can make fuel prices comparatively higher in remote regions of Junagadh. Costs related to equipment, taxes, employee wages, insurance, and similar overheads can get added to the supply chain. All these associated costs will reflect in the final fuel prices.

Conclusion

It is important for the people residing in and around Junagadh to be aware of the daily fuel prices in the city. The best way to keep yourself updated on fuel prices is to use the Park+ app. This user-friendly app not only gives people information regarding the fuel prices in Junagadh but also offers a comparison of fuel prices in different Indian cities. The app also gives other services like checking vehicle information, checking eChallans, finding parking spots, FASTag-related services, etc. Download the Park+ App today to know more.

FAQs

Can the high petrol price in Junagarh push more people to use CNG?

The petrol price in Junagarh has witnessed a rise. Therefore, the high petrol price in Junagarh is somehow convincing more people to start using CNG for their transportation.

Using CNG can cut down the petrol and diesel costs that are rising high in Junagarh almost every day. Additionally, many state governments are also pushing for CNG as the desired source of fuel.

What are the impacts of rising fuel prices on the common citizen of the country?

As discussed above, the high rise in fuel prices not only affects the everyday commuter but also impacts every sector accordingly. With an increase in transportation charges, the price of fruits and vegetables increases significantly, impacting our food plates. Therefore, any loss incurred by companies will be borne by the citizens in the form of an increase in the prices of everyday essential commodities and taxes. People using public transportation will also have to pay more for tickets.

Will the price of diesel rise in Junagarh in the coming days?

Though one cannot be very certain if the price of diesel will rise in Junagarh in the coming days, an upward trend in the price can be expected.

Considering the last week (November end and December beginning), the price of diesel has varied by around ₹ 0.71. Thus, there are chances that the price of diesel in Junagarh may rise in the coming days.