Petrol price in Jaipur are fluctuating a lot these days, since prices of crude oil have been indicating a changing trend. It has become even more important to check latest petrol prices in Jaipur, if you are heading out. You must already be aware about the fact that, diesel & petrol prices are revised regularly. So if you need to plan a long drive then it makes a lot of sense to check petrol & diesel price in Jaipur.
Rupee has also slipped against the dollar in recent past, resulting in a rise of petrol prices in Jaipur. It is speculated that the government might reduce excise duties, to make the petrol price in Jaipur a bit lower.
The petrol price of Jaipur is being decided by the Excise Duty & Value Added Tax, Global Crude or Unrefined Oil Cost, Dealer Commission and Pollution Cess. However, these calculation criteria provide a top level understanding of Indian petrol pricing only, let us know the details that are involved.
Petrol Prices in Jaipur
Finding the existing petrol price in Jaipur is extremely important, since it is changing daily since June 2017. Owing to volatile fuel pricing though not just in Jaipur, the capital city of Rajasthan, fuel prices have seen a increase in the whole country. Daily, all state-owned oil marketing firms will update the price of fuel at retail petrol outlets.
Global Crude Oil Cost
As stated, India buys crude oil from countries where oil production is happening & the nature of crude oil costs is very dynamic which changes depending on various factors like supply shortages, production cuts, increased demand or geopolitical conflicts. The prices that we pay to purchase 1 litre of petrol in Jaipur is determined these factors. Any changes in the exchange rate of Indian currency & US dollar, affects both Jaipur’s petrol price and other cities across India.
Petrol prices will include the taxes that are paid by both states & federal government. Apart from this it will include the central government charges excise duty on per litre of petrol.
Fuel stations or oil refineries are run to store and dispense petrol and diesel to customers for which the suppliers make a profit.