Petrol and Diesel Price in North Delhi

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Today94.7287.62NA
25 Nov94.7287.62NA
24 Nov94.7287.62NA
23 Nov94.7287.62NA
22 Nov94.7287.62NA
21 Nov94.7287.62NA
20 Nov94.7287.62NA
19 Nov94.7287.62NA

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

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The diesel and petrol price in North Delhi are seeing a rise because of factors such as government-imposed taxes and of course, the global prices of crude oil. Another factor that affects the fuel price is local demand and supply. The government of North Delhi is trying its best to keep these prices in check by introducing subsidies, however, the prices are still high. This has become a great challenge to the people residing in North Delhi because coping with these rising prices has become tough.

Petrol price in North Delhi

The petrol price in North Delhi today is around Rs. 94.72 a litre. Since yesterday, there has been no major change in the petrol price. The petrol price has remained unchanged for the last 7 months in North Delhi, and the price has been steady since 22nd May. The price of Petrol in Delhi includes the Delhi state tax.

Petrol Price Trend For December 2022:

December saw the Petrol price in North Delhi at around Rs 96.72 for a litre. This remained steady from the close of November at Rs 96.72 for a litre.

The highest petrol price in December was around Rs.96.72. There has been no change in the price from the 1st to the 7th of December. The lowest petrol price in December was around Rs.96.72. This also stays unchanged from the 1st to the 7th of December. There has been no change in the price of petrol in North Delhi for the whole month.

Diesel price in North Delhi

Today the diesel price in North Delhi was at around Rs. 87.62 a litre. There has been no major change in the diesel price since yesterday. For the last 7 months, the price of diesel in North Delhi has not changed and has been steady since 22nd May. The price of diesel in North Delhi includes Delhi state taxes.

Price Trend For December 2022:

  • The month of December saw the price of Diesel in North Delhi at around Rs 89.62 a litre. This price has not changed since last month and is steady at Rs 89.62 a litre.

  • The highest price of Diesel in December was around Rs.89.62, and has stayed steady at this price between the 1st to the 7th of December.

  • The lowest price of Diesel in December was around Rs.89.62, and has remained steady at this price between the 1st to the 7th of December.

  • The price of Diesel in North Delhi has remained steady at Rs 89.62 a litre throughout the month of December.

Fluctuations of Fuel Prices and its impact

North Delhi has seen a lot of fluctuation in fuel prices in recent years. The prices of fuel are decided by considering a lot of factors, such as the cost of transportation, prices of crude oil globally, taxes of the government and also the economic conditions. The prices of petrol and diesel generally see a rise in the summer months due to an increase in its demand.

Additionally, taxes on fuel products are also seeing a hike because of the focus of the government on environmental conservation. The type of fuel is also important when determining the fuel price. For instance, diesel is quite cheaper in contrast to petrol due to its efficiency. However, there has been a rise in the cost of diesel too, due to the rise in taxes. Furthermore, the fluctuating exchange rates (between the Indian rupee and the US dollar) also impact the prices of fuel in North Delhi. When the rupee value falls, the price of fuel rises.

Overall, the prices of fuel in North Delhi are very unpredictable. However, if the above factors are monitored regularly, drivers in North Delhi can expect to pay a relatively stable price for fuel.

Conclusion

Now-a-days tracking fuel prices in any area in India is easy and simple. One way of doing so is via the Park+ app or - Park+ website. This application gives you all the required details of changes in fuel prices, and current prices of fuel and also notifies you of the change. This application and website are perfect to stay updated on various changes taking place in fuel across states.

FAQs

What are the disadvantages faced by people due to an increase in the petrol price in North Delhi?

The rise in the petrol price in North Delhi will impact the wallets of the local households. The expense of fuel would increase and people would have to cut down their expenses for basic requirements. The increase in prices will also impact businesses. The price of transportation will shoot up and impact the goods that businesses transport by road. The rise in fuel prices will also impact employees and other people commuting to work every day.

Why is the price of fuel different in every state in India?

In India, the prices of Fuel are not included in the confines of GST or Goods and Services Tax. You must remember that the Central Government is the one collecting excise duty and State governments collect VAT and this gets added to the revenue. Note that VAT differs between states. This is why fuel prices vary across different states.

How does the Government decide the price of various petroleum products like diesel, Domestic LPG, Petrol, and PDS Kerosene?

From 26th June 2010, petrol, as well as diesel prices, are market-determined by the Indian Government. Since then, fuel prices are decided by top Public Sector Oil Marketing Companies or OMCs. They include Indian Oil Corporation Limited (IOCL), Hindustan Petroleum Corporation Limited (HPCL) and Bharat Petroleum Corporation Limited (BPCL). These are in sync with the changes taking place internationally and also consider market conditions. The prices are increased and decreased by these Public Sector OMCs accordingly.