Petrol and Diesel Price in Nagaon

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DayChange

Petrol0.59

Diesel0.58

CNG

Today98.4190.62NA
29 Oct97.8290.04NA
28 Oct98.4190.62NA
27 Oct97.8190.06NA
26 Oct98.2790.49NA
25 Oct97.8190.06NA
24 Oct97.8190.06NA
23 Oct98.4190.62NA

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

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Are you looking for accurate information about petrol and diesel prices in Nagaon? If yes, then you have reached the right place. Just like in every Indian city, the petrol prices in Nagaon are revised every day. This is done on the basis of crude oil and refined product prices in the State.

Thus, whether you are travelling to Nagaon or you live there, being aware of the accurate fuel prices is necessary. It helps you in managing your finances accordingly.

Let us take a look at the petrol and diesel prices in Nagaon today. We will also talk about the factors affecting fuel prices in the city. Read on!

Petrol price in Nagaon

The petrol price in Nagaon today is Rs. 98.41 per litre.

Diesel Price in Nagaon

The current diesel price in Nagaon is INR 90.62 per litre.

Petrol And Diesel Prices Hit A New High In Nagaon

The rising cost of petroleum products in India is knocking on businesses across all industries. Still, they also affect citizens, as fuel consumption has increased with the region's vehicle population.

There are many reasons for this rise in fuel prices, including increased international crude oil rates, a hike in excise duty on crude oil, transportation cost, and miscellaneous expenses.

In addition to increasing costs and reducing incomes, rising fuel prices have implications for health care and other services that rely heavily on fossil fuels for energy production. This means that people with limited access to medical care may suffer because of their inability to afford gasoline or diesel. Fuel for their vehicles or generators during emergencies or natural disasters such as floods or earthquakes.

Factors affecting the fuel prices in Nagaon

When it comes to the changes in fuel prices, there are multiple factors that become the reason behind these fluctuations. Let's have a look at the major ones:

  • Cost of Crude Oil in the global market: A major factor that affects the cost of fuel in Nagaon is the price of crude oil in the global market. The low crude oil production, strong global demand, and political unrest have a significant impact on crude oil prices.

  • Rupee to Dollar Exchange Rate - The INR's value in relation to the dollar plays a significant role in determining the cost of petrol and diesel in Nagaon. Since crude oil is priced in dollars, INR-holders find it more expensive due to a strong dollar. Additionally, the weak rupee on the international market will increase the price of crude oil denominated in dollars.

  • Fuel supply and demand - In Nagaon, the main fuel used in cars is petrol. On the other hand, diesel is the second most popular fuel in the city. Petrol and diesel are consistently and regularly supplied throughout the nation, maintaining an equilibrium between supply and demand. Their prices rise if the transportation needed to move fuel from one location to another is unable to keep up with the demand. Thus, with the ever-increasing demand, the prices of fuel also rise in Nagaon.

  • Central government's excise duty: In India, a large amount of petrol is imported from foreign nations. Thus, the central government of India also levies heavy excise duty on crude oil.

  • State’s VAT tax: Another key factor that contributes to the change in the price of petrol is the imposition of the VAT tax. Every state has levied its own VAT tax on petrol. Some 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.

Conclusion:

So that was all about the petrol and diesel prices in Nagaon. We hope you found this piece helpful and informative.

In case you are looking for a user-friendly app to keep yourself updated with the recent changes in petrol prices in your city, Download the app today and get started! Park+ sends push notifications to your phone with your city's latest petrol and diesel price updates. You can also set up auto-download to get all essential news and information!

FAQs

What do people think about the petrol price in Nagaon?

The local government has not done anything to regulate the petrol price in Nagaon. The government should do something about it and ensure that people do not suffer due to high petrol prices. The government should also consider increasing taxes on motor vehicles and vehicles used for transportation purposes, such as taxis and trucks. These taxes can be increased if needed, but they should not increase too much as this may affect the economy negatively.

How will the petrol price hike affect Nagaon?

The price increase will affect the people of Nagaon and other parts of the state who depend on diesel to run their vehicles. The people do not have any other alternative but to bear the pain of providing food for their families. The prices of oil products are expected to rise further due to this hike, affecting the economy drastically.

Should there be uniformity in the petrol price?

There should be uniformity in the petrol price because it is not fair that some people are paying more than others. It is also unfair that people who travel a long distance have to pay more than those who do not. This can cause many problems, such as traffic congestion, pollution, and accidents.