Fuel Rates Today On August 10: Check the Latest Peteol and Diesel Price in Your City

Fuel Rates Today On August 10

Fuel Rates Today On August 10: The oil marketing companies daily announce new fuel prices every day in the morning at 6 am. They released the new fuel prices according to the fluctuation in crude oil prices and US dollar value.

On August 10, the petrol and diesel rates today in India remained stable for months, the fuel prices haven’t changed in months. People should check the latest up-to-date prices for petrol and diesel which are released by oil companies every day.

Let’s check out the petrol and diesel rates prevailing in each city in India:

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

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.

Also Read: Gold and Silver Rates Today On August 10: Check the Latest Gold Rates in Your City