Diesel Price In Jaipur Today

  • Today's Diesel Price ( 17 Oct 2019 )
    ₹ 71.5
    Current Diesel Price Per Liter
    Compare Diesel Price in Jaipur (Today & Yesterday)
    Today
    (17 Oct 2019)
    Yesterday
    (16 Oct 2019)
    Rate Change
    Diesel ( / litre) ₹ 71.5 ₹ 71.5 ₹ 0 ↑
    Diesel Price in Jaipur - Last 10 Days Data
    Date Diesel ( / litre)
    17 Oct 2019 ₹ 71.5
    16 Oct 2019 ₹ 71.5
    15 Oct 2019 ₹ 71.5
    14 Oct 2019 ₹ 71.55
    13 Oct 2019 ₹ 71.55
    12 Oct 2019 ₹ 71.55
    11 Oct 2019 ₹ 71.7
    10 Oct 2019 ₹ 71.86
    09 Oct 2019 ₹ 71.92
    08 Oct 2019 ₹ 71.92

    Diesel Rate Trend

    • 7 Days
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    • 6 Months

    Diesel Price in Jaipur

    Jaipur is the capital city of Rajasthan. The city has seen tremendous a growth rate in all aspects, including commercial productions. The steady distribution of diesel is extremely important. Otherwise, commercial activities will be negatively impacted. The oil companies in India have a major role to play in ensuring the consistent distribution of diesel, petrol and even petroleum products. Diesel can be used for several purposes unlike petrol. The pricing of diesel is done considering the regular variations in the currency value and crude oil costs.

    Previous Diesel Price in Jaipur

    The average price of diesel in the city of Jaipur was Rs.67.40 per litre in March 2018. The fuel was sold at Rs.68.63 per litre at the beginning of February 2018. At the end of the month, it dropped to Rs.66.56 per litre. On 6 February 2018, the highest fuel price was recorded at Rs.68.75 per litre. The lowest price was logged at Rs.66.56 per litre on 25 February 2018. On 1 January 2018, the fuel rate was Rs.63.89 per litre. It was up 6.76% to Rs.68.52 per litre on the closing day. The lowest price was recorded at Rs.63.89 per litre and the highest price at Rs.68.52 per litre.

    A Study of State and Central Taxes

    There are two forms of taxes, which are imposed on diesel. The excise duty is the first category and the second category is the local tax. The Government of India (GOI) levies the excise duty whereas the Value-added Tax (VAT) is charged by respective state governments. As of February 2018, the central levy on diesel had been Rs.15.33 per litre. It was Rs.17.33 per litre in August 2018. Four years ago, the excise duty on diesel was Rs.3.46 per litre.

    VAT on Diesel as of 4 September 2017 States
    25.75% Rajasthan
    19% Karnataka
    30.86% Andhra Pradesh
    25% Tamil Nadu
    26.91% Kerala
    23.66% Assam
    19% Bihar

    Dynamic Fuel Pricing vs Diesel Price in Jaipur

    Indian fuel retailers have been asked to follow the dynamic fuel pricing methodology in order to update fuel prices. This system is called dynamic fuel pricing system. India introduced it in the month of June after executing a 40-day trial in 4 cities. Therefore, fuel prices in Jaipur will change daily based on overseas crude oil rate variations under dynamic fuel pricing. It is a fully revised form of the previous fuel revision methodology. It is advantageous to oil selling companies, dealers, fuel buyers, the state government and the central government.

    Why Dynamic Fuel Pricing

    • Dynamic fuel pricing will align diesel users to overseas market dynamics. Speculative market elements can be reduced.
    • The fuel retailing sector in India may be aligned to international markets. The new system reduces the influence of the working capital on fuel companies.
    • The daily revision system attracts the contribution of privately-held companies in the fuel retailing sector. Therefore, the best practices may be launched in the fuel retailing sector.
    • It also minimizes the political pressure on fuel pricing, thereby brings 100% transparency in the revision of the diesel price in Jaipur.
    • The daily revision system is basically an international practice followed in several advanced markets such as Japan, Australia and the United States of America.
    • There are a few countries where fuel rates will vary twice or thrice in a single day.

    Why have Diesel Prices in Jaipur decreased?

    • Last year, crude oil prices have gone up by 14%. In India, retail fuel dealers have increased their commission recently by Rs.1 per litre.
    • Since the arrival of the daily price revision methodology, the petrol and diesel prices in Jaipur have gone up by 8%.
    • Oil-extracting companies have announced a production cut last year.

    Tracing Current Diesel Rates in Jaipur

    Is it difficult to trace today’s diesel rate in Jaipur? It is easy! Fuel consumers from the city of Jaipur are advised to utilise mobile applications, which have been designed by Indian Oil Company, Bharat Petroleum Company and Hindustan Petroleum Company. SmartDrive is provided by Bharat Petroleum whereas My HPCL by Hindustan Petroleum. Fuel@IOC is provided by Indian Oil. Fuel users can also consider SMS services to obtain recent fuel prices in Jaipur.

    Assessment of Diesel Price in Jaipur

    The diesel rate in Jaipur will be assessed by oil marketing companies in the country. The price will be reset based on the movements in the price influencers. In general, the diesel price encompasses the central levy, the local tax (VAT), the commission levied by dealers, the cost of crude oil, the pollution cess etc. As of 26 March 2018, the cost of crude oil per litre worked out to be Rs.26.40 per litre. The overall amount of expenses spent by OMCs worked to be Rs.8.40 per litre. The Central Government’s tax was Rs.15.33 on diesel per litre.

    Why do Diesel Prices Change in Jaipur?

    The diesel price in Jaipur will change if there are any changes in the INR-USD conversion rate and the cost price of crude oil. Since unrefined oil is globally transacted, the value of the currency of India against the price of the currency of the United States of America makes a huge impact. This conversion ratio is not domestically governed. It is sensitive to many forces including fabrication cuts, domestic and international politics, etc. Oil companies should rise fuel prices in Jaipur if the Government of India hikes the central levy. Conversely, they will reduce fuel rates if the government decreased the central-level tax.

    GST vs Diesel Rate in Jaipur

    Let’s first understand the GST? In India, it is primarily a tax system that levies tax at 5%, 12%, 18% and 28% on goods and commodities. The earlier indirect taxes have been subsumed under the GST system. The GST Council has been formed to govern the GST system. As of now, diesel and petrol are not taxed under the GST structure. The GST Council has kept them outside. As we all know, diesel and petrol will earn a major chunk of revenues. If diesel is taxed at the current GST rates, the diesel price in Jaipur is anticipated to drop by 22-27%. It will be a huge drop.

    Also Check Diesel Price in NearBy Cities of Jaipur

    *Disclaimer: BankBazaar makes no guarantee or warranty on the accuracy of the data provided on this page, the prevailing prices are susceptible to change and provided on an as-is basis. We accept no liability for any loss arising from the use of the data contained on this website.

    News About Diesel Price In Jaipur Today

    • Diesel Cut by 5 to 14 paise per litre, No Change in Petrol Rates

      State-controlled Oil Marketing Companies (OMCs), in accordance with the daily revision, cut diesel prices in the range of 5 to 14 paise per litre today across major metro cities of the countries, while petrol prices were kept unchanged. In Delhi, diesel prices were cut by 10 paise to Rs.66.59 per litre compared by to Rs.66.69 per litre recorded yesterday. Petrol in Delhi costs Rs.72.96 per litre, no revision compared to yesterday’s price. It may be noted that prices of petrol and diesel were kept unchanged yesterday. Last week, Finance Minister Nirmala Sitharaman, in her maiden budget, had announced to hike excise duty on petrol and diesel by Re.1 per litre and road and infrastructure cess of Re.1 per litre.

      In Mumbai, diesel is being sold at Rs.69.80 per litre, down by 10 paise as against yesterday’s rate, while petrol is being sold at Rs.78.57 per litre. In Kolkata, diesel costs Rs.68.54 per litre, down by 5 paise and petrol costs Rs.75.15 per litre. Likewise, in Chennai, diesel is available at Rs.70.34 per litre, down by 14 paise and petrol is available at Rs.75.76 per litre. In other metros such as Noida and Gurugram, diesel costs Rs.65.72 and Rs.65.73 per litre, down by 8 paise, respectively. Petrol in Noida and Gurugram is being retailed at Rs.72.27 and Rs.72.79 a litre, respectively. Fuel prices in India are proportional to the price of crude oil in the international oil market and the rupee-dollar exchange rate. On Monday, crude oil prices in the oil market remained static as investors assessed risks against the impact of the ongoing trade war between the US and China on the global economy. Brent crude futures, the international benchmark, was down by 3% to $64.20 per barrel against its previous settlement.

      15 July 2019

    • Diesel Rates cut by 20-21 paise per litre

      State-owned Oil Marketing Companies (OMCs) on Tuesday cut the rates of diesel by 20-21 paise per litre. This was the sixth consecutive day when the prices were slashed in the country. In New Delhi, every litre of diesel was sold for Rs.65.56 after the rates were cut by 20 paise per litre. In the other three metropolitan cities of the country i.e., Mumbai, Kolkata, and Chennai OMCs charged Rs.68.96, Rs.67.48, and Rs.69.36 per litre. It needs to be mentioned here that the prices of diesel have been cut by 93 paise per litre since May 29.

      Globally crude oil prices stabilised on Tuesday. Brent crude oil was trading at $61.01 per barrel after the prices were down by 0.4% or 22 cents since the last close. Crude prices had plummeted by 10% in the last four days as investors assessed the prospect of economic slowdown in global growth. It is noteworthy to mention here that with the country importing 80% of the total crude oil requirement, the rates of fuel are dependent on global oil prices and the value of rupee against the US dollar.

      13 June 2019

    • Petrol and Diesel Prices Slashed for the Fifth Consecutive Day

      State-owned Oil Marketing Companies (OMCs) slashed petrol and diesel prices on Monday for the fifth consecutive day across major metro cities of the country. Petrol prices were slashed by 29 to 32 paise per litre, while diesel prices were cut by 13 to 14 paise per litre. In Delhi, petrol is being sold at Rs.71.43 per litre as against Rs.71.73 per litre on Sunday, down by 30 paise per litre, while diesel is being sold at Rs.65.98 per litre as compared to Rs.66.11 per litre yesterday, down by 13 paise per litre. In Delhi, petrol and diesel prices are lower compared to other metro cities and some state capitals due to lower taxes. In Mumbai, petrol is available at Rs.77.04 per litre, down by 30 paise compared to Sunday’s price of Rs.77.34 per litre, while diesel is available at Rs.69.13 per litre, down by 14 paise compared to yesterday’s price. In Kolkata and Chennai, petrol costs Rs.73.50 and Rs.74.14 per litre, and diesel costs Rs.67.73 and Rs.69.74 per litre, respectively. Oil companies compute petrol and diesel prices daily under the dynamic fuel pricing mechanism which considers the 15-day average price of crude in the international market and the exchange rate of the Indian rupee over the US dollar. In the international oil market on Monday, crude oil prices were mixed on the back of concerns over slowdown in the global economic outlook amid an impasse in the US-China trade talks. Brent crude oil futures, international benchmark, were trading at $70.73 per barre, inclining by 0.2% or 11 cents compared to its previous settlement.

      14 May 2019

    • Petrol Prices Decline by 40 Paise Per Litre in Delhi

      Prices of petrol and diesel declined further on Friday with petrol being sold at Rs.75.57 per litre and diesel at Rs.70.56 in Delhi. In Mumbai, petrol is available at Rs.81.10 per litre and diesel at Rs.73.91 a litre. Petrol is being sold at Rs.77.53 per litre in Kolkata and diesel is available at Rs.72.41 per litre. In Chennai, prices of petrol and diesel costs Rs.77.53 per litre and Rs.72.41 per litre, respectively. While petrol prices reduced by 41 paise per litre in Delhi, Mumbai saw prices decline by 40 paise per litre. Diesel prices in Delhi were reduced by 30 paise and 32 paise in Mumbai. The steady decline in fuel prices comes after the U.S. administration softened its stand in Iran’s sanctions and gave its nod to eight countries to continue to import oil from Iran temporarily.

      27 November 2018

    • Diesel Prices Hit Record Highs yet Again as Oil Prices Continue to Climb

      After remaining unchanged on Wednesday, the 3rd of October, diesel prices went up on the Thursday and stepped back to continue the trend. In the national capital, diesel prices climbed by Rs.0.20 per litre and jumped from Rs.75.25 per litre to Rs.75.45 per litre. In Mumbai, diesel rates went up by Rs.0.21 per litre to hit Rs.80.10 per litre. The same in Kolkata stood at Rs.77.30 per litre while in Chennai it was Rs.79.79 per litre.

      Silicon city Bangalore saw diesel sell at Rs.75.84 per litre, and all in all it was the highest ever rates across all cities of the country.

      The central government, however, didn’t budge and was still adamant that the price hikes are happening due to a weak rupee and the rise in crude oil prices which has caused fuel prices to rise. Amidst all this, there have also been reports that fuel prices will rise significantly in November as well as crude prices are likely to hit $100 per barrel in the global market, which can bring about a massive rise in fuel prices.

      12 October 2018

    • Petrol Price Soars to a Record Rs.90.22 per litre in Mumbai, Diesel Stands at Rs.78.69

      There seems to be no end to the ever rising fuel prices in the country. On Tuesday, the retailing price of petrol shot up by 14 paise a litre in Mumbai, shooting it up to Rs 90.22 per litre. Diesel prices too climbed by 11 paise in the financial capital and the revised price now is Rs 78.69 per litre. Despite the rocketing prices, there hasn’t been any fall in the demand primarily due to the ongoing festive season.

      Among the metros, Delhi has the lowest rates with Rs.82.26 per litre for petrol and Rs.74.12 per litre for diesel. The prices in Chennai stand at Rs.86.13 and Rs.78.36 per litre for petrol and diesel respectively. In Kolkata, it’s Rs.84.68 for petrol and Rs.75.97 for diesel.

      Being the third largest importer of crude oil, India’s inflating domestic transport fuel costs are being hit by the rising international oil prices. To add to the worries, this trend is likely to continue for some time in the near future.

      1 October 2018

    • Every litre of Petrol Cost Rs.81.28 in the National Capital

      Oil Marketing Companies (OMCs) on Friday hiked the prices of petrol once again. The hike in the prices saw the rates hit new highs in all the four metro cities of the country. In the national capital, the price for every litre of petrol touched Rs.81.28 per litre. It saw a hike of 0.28 paise compared to the prices as of Thursday. In the other metro cities like Mumbai, Chennai, and Kolkata, the prices of petrol were Rs.88.67, Rs 84.49 and Rs 83.14 per litre. Mumbai, Chennai, and Kolkata saw a hike of 0.28 paise, 0.30 paisa, and 0.27 paise respectively. The prices of petrol started going up on Wednesday after the prices remained static on Tuesday as OMCs hiked the prices of petrol by 0.13 paisa. It needs to be mentioned that the price of petrol is the lowest among all the metro cities and most state capitals due to lower taxes while Mumbai has the highest sales tax or VAT.

      17 September 2018

    • Every litre of Petrol Cost Rs.81.28 in the National Capital

      Oil Marketing Companies (OMCs) on Friday hiked the prices of petrol once again. The hike in the prices saw the rates hit new highs in all the four metro cities of the country. In the national capital, the price for every litre of petrol touched Rs.81.28 per litre. It saw a hike of 0.28 paise compared to the prices as of Thursday. In the other metro cities like Mumbai, Chennai, and Kolkata, the prices of petrol were Rs.88.67, Rs 84.49 and Rs 83.14 per litre. Mumbai, Chennai, and Kolkata saw a hike of 0.28 paise, 0.30 paisa, and 0.27 paise respectively. The prices of petrol started going up on Wednesday after the prices remained static on Tuesday as OMCs hiked the prices of petrol by 0.13 paisa. It needs to be mentioned that the price of petrol is the lowest among all the metro cities and most state capitals due to lower taxes while Mumbai has the highest sales tax or VAT.

      17 September 2018

    • Diesel Prices Decreased for the First Time in August

      Diesel price in the national capital reduced by 5 paise per litre on Monday, 20 August 2018. Similarly, diesel prices stood at Rs.72.96 per litre in Mumbai, which is the capital city of Maharashtra, Rs.72.59 per litre in Chennai, which is the capital city of Tamil Nadu; and Rs.71.56 per litre in Kolkata, which is the capital city of West Bengal. Because of the increased volatility, global Brent petroleum prices have been retailing around $70-$79 a barrel since 10 April 2018. On 29 May 2018, diesel prices reached an all-time of Rs.69.30 per litre.

      State-run oil marketing companies have now been revising the prices of petrol and diesel under the system of dynamic fuel pricing, which takes into account the global factors such as crude oil prices and the exchange rate. Prior to the introduction of dynamic fuel pricing, fuel marketing companies had to revise fuel prices twice a month. The first revision used to happen on the first of every month and the second revision used to befall on the sixteenth of every month. Dynamic fuel pricing is also followed in other countries such as Japan, the United States of America, Australia, etc.

      23 August 2018

    • Diesel Prices Remain Steady for the Third Consecutive Day

      Diesel prices remained the same on Monday, 18 June. Diesel prices have been reduced by nearly Rs.1.5 per litre in metros, compared to the hike of about Rs.3 per litre in each of these metros. The incline in diesel prices is attributed to the rise in the global crude oil price and weaker rupee over the US dollar. Diesel prices stood at Rs.67.78 a litre in Delhi, Rs.72.13 in Mumbai, Rs.70.33 in Kolkata and Rs.71.54 a litre in Chennai. The decline in diesel prices is in tandem with the reduction in the global crude oil price as Saudi Arabia and Russia have announced a modest increase in the crude oil production and have indicated that they were prepared to increase the production.

      18 June 2018

    Diesel Price In Metro Cities
    Diesel Price In Other Capitals
    Diesel Price In Other Major Cities
    Diesel Price In States

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