Fuel Rates Today On August 13: Check the Latest Peteol and Diesel Price in Your City

Fuel Rates Today On August 13

Fuel Rates Today On August 13: The fuel prices today in India remain the same as the fuel rates yesterday. The petrol and diesel rates haven’t changed since March 2024.

Before that, the fuel rates were last changed in May 2022 when the government reduced the taxes imposed on fuel in India.

Daily the oil marketing companies announce the new petrol and diesel prices early morning at 6 am. The fuel rates are determined according to the prevailing crude oil price and the refining cost of crude oil.

It is important for everyone to stay updated with the latest petrol and diesel prices prevailing in each city in India.

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Let's take a look at the current petrol and diesel rates in different cities in India:

Factors Influence the Fuel Prices in India

Several factors affect petrol and diesel such as freight charges, value-added tax (VAT), and local taxes in India. Some of the other factors are:

Crude oil price: Crude oil is the raw material for producing petrol and diesel. 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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