Petrol and Diesel Price in Murshidabad

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DayChange

Petrol-0.15

Diesel-0.13

CNG

Today105.9392.68NA
25 Nov106.0892.81NA
24 Nov106.3293.03NA
23 Nov105.8192.57NA
22 Nov106.3293.03NA
21 Nov106.3293.03NA
20 Nov106.1392.86NA
19 Nov105.1391.93NA

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

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Murshidabad is a historical city in the state of West Bengal. Due to its historical importance, the city gets a lot of tourists. Moroever, the population of Murshidabad is also rising at a rapid pace. Since it is a major tourist destination and has a growing number of industries, transport plays a key role in the city.

Thus, whether you are a business owner in Murshidabad, planning to visit the city, or are a resident, knowing the accurate prices of petrol and diesel is a must! In this article, we will walk you through the current prices of petrol and diesel in Murshidabad along with the reasons behind these fluctuations.

Petrol price in Murshidabad

The petrol price in Murshidabad today is INR 105.93 per litre.

Diesel price in Murshidabad

The diesel price in Murshidabad today is INR 92.68 per litre.

Factors affecting the prices of petrol and diesel in Murshidabad

Now that we have discussed about the increasing cost of petrol and diesel in Murshidabad, let's habe a look at some of the major reasons behind these fluctuations. In this section, we will have a close look at some of the most common ones:

  • International crude oil prices: India is the third-largest oil economy on the planet. Thus, it requires a significant amount of petrol and diesel to meet the requirement of its growing population. India uses roughly 211.6 million tons of gasoline per year. India imports a large part of its petrol and diesel requirement from nations including Iraq, Saudi Arabia, the United Arab Emirates, Canada, and the United States supply India with oil. Thus, any changes in the crude oil prices in the international markets also effects petrol and diesel prices in India.

  • Taxes charged by the governments: Since India imports a large about of crude oil from foreign nations, the central government of India levies heavy excise duty on crude oil. Additionally, every state charges its own VAT tax on petrol and diesel products. Some states levy high VAT tax and some states levy low tax. This is why you see a change in the price of petrol in different cities of the country.

  • The exchange rate between the US dollar and Indian Rupee: The increase in petrol and diesel price in Munger is also because of this reason. The weakening of the Indian rupee against the dollar makes crude oil more expensive for India, leading to increasing prices.

  • Refinery Charges: Crude oil needs to be refined and turned into petrol and diesel. This refining process is conducted by various oil refineries situated across the country. Since these refineries employ a large number of equipment, technology, and people they spend significant money on the entire process too. Thus, the refinery charges are also added to the final sales prices

  • Freight Charges and dealer's commission: The charges for transporting petroleum products from refineries to the nearest hub or transport centre are also added to the final petrol prices. Further, the dealer also charges a certain amount of money for transporting the finished petroleum product from the refineries to the place of consumption.

Conclusion

So there you go! That was all about the fuel prices in Murshidabad,. If you are curious about the petrol price in Murshidabad - log into the Park+ app, open the search bar, and put - Murshidabad.

The app can update you daily regarding fuel price changes, CNG prices, drops in diesel prices, price information across several cities, etc. So, make sure to download the Park+ app today & keep yourself up-to-date.

FAQs

How is the petrol price in Murshidabad revised?

Petrol prices are updated daily as they are in perfect synchrony with the global crude oil price and the currency conversion rate. In this way, both consumers and oil companies benefit as any reduction in the price of international crude oil trickles down to consumer prices instantly.

Likewise, if the price of global crude oil increases - companies can pass on this rate hike directly to consumers without the interference of an intermediate entity. This is how the petrol price in Murshidabad is revised.

Did Hindustan Petroleum get a city gas permit for Murshidabad?

Yes, Hindustan Petroleum Corporation Ltd has won price bids for the states of Malda, Murshidabad, Birbhum, and South Dinajpur in April this year. HPCL now has gas distribution licenses for these Bengal districts.

The entire state is now under the coverage of clean fuel. The transport industry along with the households can benefit immensely from this.

The price bids were initiated by the Petroleum and Natural Gas Regulatory Board, early this year. A few years back the public sector company had won the right to distribute gas in eight other districts in Bengal.

When did the diesel price in Murshidabad cross INR 100 per kg?

The diesel price in Murshidabad went above INR 100.00 on 25th October 2021 for the first time. In the districts of Nadia and Murshidabad, the price of diesel hit INR 100.47 per liter on this day.

To protest this abnormal rate hike, all fuel refilling stations in the city did not sell diesel and petrol from 7 pm to 7:30 pm. The diesel price in all 23 districts of the state went above INR 100.00 a day later.