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<p><strong>Petroleum and Diesel Pricing Update for February 9, 2024:</strong> Each day at the break of dawn, precisely at 6 am, the pricing details for petroleum and diesel are unveiled, irrespective of whether they experience fluctuations or maintain stability. This ritual is diligently orchestrated by oil marketing companies (OMCs) to harmonize prices with shifts in global crude oil prices and foreign exchange rates, ensuring consumers are apprised of the day-to-day nuances in fuel expenses.</p>
<p><img decoding=”async” class=”alignnone wp-image-392624″ src=”https://www.theindiaprint.com/wp-content/uploads/2024/02/theindiaprint.com-new-prices-for-gas-and-diesel-announced-verify-rates-in-your-city-on-february-9-pe.jpg” alt=”theindiaprint.com new prices for gas and diesel announced verify rates in your city on february 9 pe” width=”1007″ height=”671″ title=”New Prices for Gas and Diesel Announced: Verify Rates in Your City on February 9 12″ srcset=”https://www.theindiaprint.com/wp-content/uploads/2024/02/theindiaprint.com-new-prices-for-gas-and-diesel-announced-verify-rates-in-your-city-on-february-9-pe.jpg 510w, https://www.theindiaprint.com/wp-content/uploads/2024/02/theindiaprint.com-new-prices-for-gas-and-diesel-announced-verify-rates-in-your-city-on-february-9-pe-150×100.jpg 150w” sizes=”(max-width: 1007px) 100vw, 1007px” /></p>
<p>In India, the valuation of petrol and diesel is subject to multifaceted influences such as freight charges, value-added tax (VAT), and local taxes, leading to disparate rates across various states.</p>
<p>Current Petrol and Diesel Rates in India (Refer to the city-wise rate list below)</p>
<p><strong>Petroleum and Diesel Prices in Mumbai</strong></p>
<p>As of February 9, the cost of petrol in Mumbai continues to surpass the Rs 100 threshold, standing at Rs 106.31 per litre, while diesel is priced at Rs 94.27 per litre.</p>
<p><strong>Diesel Pricing in Delhi Today</strong></p>
<p>As of February 9, the diesel cost is set at Rs 89.62 per litre.</p>
<p><strong>Petrol Rates in Delhi Today</strong></p>
<p>As of February 9, the petrol cost in Delhi is Rs 96.72 per litre.</p>
<p><strong>Verify city-specific petrol and diesel prices on February 9:</strong></p>
<table>
<thead>
<tr>
<th>CITY</th>
<th>PETROL PRICE (RS/LITRE)</th>
<th>DIESEL PRICE (RS/LITRE)</th>
</tr>
</thead>
<tbody>
<tr>
<td>Chennai</td>
<td>102.63</td>
<td>94.24</td>
</tr>
<tr>
<td>Kolkata</td>
<td>106.03</td>
<td>92.76</td>
</tr>
<tr>
<td>Noida</td>
<td>96.79</td>
<td>89.96</td>
</tr>
<tr>
<td>Lucknow</td>
<td>96.57</td>
<td>89.76</td>
</tr>
<tr>
<td>Bengaluru</td>
<td>101.94</td>
<td>87.89</td>
</tr>
<tr>
<td>Hyderabad</td>
<td>109.66</td>
<td>97.82</td>
</tr>
<tr>
<td>Jaipur</td>
<td>108.48</td>
<td>93.72</td>
</tr>
<tr>
<td>Trivandrum</td>
<td>109.73</td>
<td>98.53</td>
</tr>
<tr>
<td>Bhubaneswar</td>
<td>103.19</td>
<td>94.75</td>
</tr>
</tbody>
</table>
<p>In India, fuel prices have maintained stability since May 2022, following a reduction in fuel taxes by the central government and various states.</p>
<p>Oil marketing companies adjust retail fuel prices daily at 6 am based on the global crude oil price. The government oversees fuel prices through mechanisms such as excise tax, base pricing, and price caps.</p>
<p><strong>Factors Impacting Petrol And Diesel Prices In India:</strong></p>
<ol>
<li><strong>Crude oil price:</strong> The fundamental raw material for producing petrol and diesel is crude oil, and accordingly, its price directly impacts the ultimate cost of these fuels.</li>
<li><strong>Exchange rate between the Indian rupee and the US dollar:</strong> As a significant importer of crude oil, India’s petrol and diesel prices are also influenced by the exchange rate between the Indian rupee and the US dollar.</li>
<li><strong>Tax:</strong> Both central and state governments impose various taxes on petrol and diesel, which may vary across states, exerting a notable influence on the ultimate prices of these fuels.</li>
<li><strong>Refining costs:</strong> The ultimate price of petrol and diesel is further influenced by the expenses incurred in refining crude oil into these fuels. The refining process can be costly, and the refining expenses may fluctuate based on factors like the type of crude oil utilized and the efficiency of the refinery.</li>
<li><strong>Demand for petrol and diesel:</strong> The prices of these fuels can also be affected by the demand. An increase in demand for petrol and diesel may lead to higher prices.</li>
</ol>
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