Petrol, Diesel Prices Today on November 21, 2024: In India, fuel prices are revised every day at 6 am with oil marketing companies (OMCs) announcing updated rates for petrol and diesel. Fluctuations in global crude oil prices influence these price adjustments and changes in foreign exchange rates. The updates ensure that customers receive the most accurate and up-to-date fuel prices without any discrepancies.
On November 21, 2024, petrol and diesel prices in India remain stable, with slight variations across different cities. The prices are influenced by global crude oil rates, domestic taxation policies, and local VAT rates. Here’s a detailed look at the current fuel prices in various major cities.
Current Petrol Prices
The petrol prices in India as of November 21, 2024, are as follows:
| City | Petrol Price (₹/L) | Change (vs. Previous Day) |
|---|---|---|
| New Delhi | ₹94.77 | No change |
| Mumbai | ₹103.44 | No change |
| Bengaluru | ₹102.92 | No change |
| Hyderabad | ₹107.46 | No change |
| Chennai | ₹100.80 | No change |
| Kolkata | ₹104.95 | No change |
| Ahmedabad | ₹94.49 | No change |
| Patna | ₹105.23 | -0.35 |
| Jaipur | ₹104.72 | +0.31 |
In Maharashtra, the price of petrol has decreased slightly to ₹104.84 per litre, marking a drop of ₹0.07 from the previous day.
Current Diesel Prices
Diesel prices have also remained unchanged across major cities:
| City | Diesel Price (₹/L) | Change (vs. Previous Day) |
|---|---|---|
| New Delhi | ₹87.62 | No change |
| Mumbai | ₹94.27 | No change |
| Chennai | ₹94.24 | No change |
| Kolkata | ₹92.76 | No change |
| Bengaluru | ₹88.94 | No change |
The diesel price in Delhi stands at ₹87.62 per litre, reflecting stability in the market.
Factors Influencing Prices
Fuel prices in India are subject to daily revisions based on:
- Global Crude Oil Prices: Fluctuations in international oil markets directly impact local fuel prices.
- Domestic Taxation: Central excise duty and state VAT lead to regional price variations.
- Dynamic Pricing Mechanism: Introduced in June 2017, this system allows for daily adjustments based on market conditions.
As of November 21, 2024, petrol and diesel prices have shown stability across major Indian cities, with minor fluctuations reflecting local market conditions. Consumers should stay updated on these rates as they can vary significantly based on geopolitical events and changes in crude oil prices globally.