Fuel Prices Today On August 8: Find the Latest Petrol and Diesel Rates in Your City

Fuel Prices Today On August 8

Fuel Prices Today On August 8: Currently, the price of fuel in India has not changed for months. The last time prices went down was by Rs 2 in March 2024.

On August 8, the petrol and diesel prices remained the same in every city in India.

The oil companies always announce the new prices for petrol and diesel every morning at 6 a.m.

The new prices for petrol and diesel are set by oil marketing companies after adjusting them to the prices of crude oil.

Also Read: Fuel Prices Today On August 6: Find the Latest Petrol and Diesel Rates in Your City

Check out city-wise petrol and diesel rates on August 6:

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Factors Influence the Fuel Prices in India

Crude oil price: Crude oil is the raw materials through which petrol and diesel are produced. So, fluctuation in crude oil prices will significantly affect the petrol and diesel Prices

Exchange Rates: India is a major importer of fuel as it is a vast populated Country. If the Indian Rupee value decreases against other currencies such as the US dollar then the petrol and Diesel rates will increase in India.

Taxes: In India, various taxes are imposed by the government on petrol and Diesel. Fluctuations in taxes such as value-added tax, state tax, and many others will influence the fuel rates.

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