Petrol Price In Gujarat Today

  • Today's Petrol Price (04 Feb 2023)

    ₹ 96.41
    Current Petrol Price Per Litre

    Compare Petrol Price in Gujarat (Today & Yesterday)

    Today
    Yesterday
    Rate Change
    Petrol ( / litre) ₹ 96.41 ₹ 96.41 ₹ 0 ↑

    Petrol Price in Gujarat - Last 10 Days Data

    Date Petrol ( / litre)
    03 Feb 2023 ₹ 96.41
    02 Feb 2023 ₹ 96.41
    01 Feb 2023 ₹ 96.41
    31 Jan 2023 ₹ 96.41
    30 Jan 2023 ₹ 96.41
    29 Jan 2023 ₹ 96.41
    28 Jan 2023 ₹ 96.41
    27 Jan 2023 ₹ 96.41
    26 Jan 2023 ₹ 96.41
    25 Jan 2023 ₹ 96.41

    Petrol Rate Trend

    • 7 Days
    • 30 Days
    • 3 Months
    • 6 Months

    Petrol price in Gujarat today is based on the ‘Dynamic Fuel Pricing’ mechanism, which is revised daily. Here, you can check the current petrol price in Gujarat. Also, you can find today's petrol price with quarterly price trends in Gujarat. New petrol prices in Gujarat are updated daily at 6:00 am IST.

    Get to know how petrol prices in Gujarat are computed also know how it compares to other states’ prices. Find the current Gujarat petrol price and factors affecting the petrol price in India. The below petrol price trend in Gujarat reflects the highest and lowest petrol prices recorded during a month.

    Trend of Petrol Price in Gujarat for December 2022 (rates per litre)

    Parameters Rates/litre
    1st December Rs.96.41
    31 December Rs.96.41
    Highest Rate in December Rs.96.41 from 1 to 31 December
    Lowest Rate in December Rs.96.41 from 1 to 31 December
    Overall Performance Stable
    Percentage Change 0%

    Monthly Petrol Price Trend in Gujarat for December 2022

    • Petrol prices opened the month of December standing at the rate of Rs.96.41 per litre in Gujarat. When compared to the closing rates of the previous week, there were no changes in the price of the fuel.
    • The price of the fuel was stable and witnessed no fluctuations during the month of December in Gujarat.
    • In Gujarat, the last week of December closed with the price of the fuel standing at the rate of Rs.96.41 per litre. Over the week, the fuel prices displayed a stability in its overall performance in Gujarat.
    v

    Trend of Petrol Price in Gujarat for November 2022 (rates per litre)

    Parameters Rates/litre
    1st November Rs.96.41
    30 November Rs.96.41
    Highest Rate in November Rs.96.41 from 1 to 30 November
    Lowest Rate in November Rs.96.41 from 1 to 30 November
    Overall Performance Stable
    Percentage Change 0%

    Monthly Petrol Price Trend in Gujarat for November 2022

    • Petrol prices opened the month of November standing at the rate of Rs.96.41 per litre in Gujarat. When compared to the closing rates of the previous week, there were no changes in the price of the fuel.
    • The price of the fuel was stable and witnessed no fluctuations during the month of November in Gujarat.
    • In Gujarat, the last week of November closed with the price of the fuel standing at the rate of Rs.96.41 per litre. Over the week, the fuel prices displayed a stability in its overall performance in Gujarat.

    Petrol Rate in Gujarat

    Gujarat is a developed state that has a huge number of petrol-run vehicles. The number of petrol consumers is massive. The consumption of petrol in the state has increased over the last five years. There are many petrol related topics to discuss. In the following sections, a few important topics related to petrol are discussed:

    Trend of Petrol Price in Gujarat for October 2022 (rates per litre)

    Parameters Rates/litre
    1st October Rs.96.41
    31st October Rs.96.41
    Highest Rate in September Rs.96.41 from 1 to 31 October
    Lowest Rate in October Rs.96.41 from 1 to 31 October
    Overall Performance Stable
    Percentage Change 0%

    Monthly Petrol Price Trend in Gujarat for October 2022

    • Petrol prices opened the month of October standing at the rate of Rs.96.41 per litre in Gujarat. When compared to the closing rates of the previous week, there were no changes in the price of the fuel.
    • The price of the fuel was stable and witnessed no fluctuations during the month of October in Gujarat.
    • In Gujarat, the last week of October closed with the price of the fuel standing at the rate of Rs.96.41 per litre. Over the week, the fuel prices displayed a stability in its overall performance in Gujarat.

    Trend of Petrol Price in Gujarat for September 2022 (rates per litre)

    Parameters Rates/litre
    1st September Rs.96.41
    30th September Rs.96.41
    Highest Rate in September Rs.96.41 from 1 to 30 September
    Lowest Rate in September Rs.96.41 from 1 to 30 September
    Overall Performance Stable
    Percentage Change 0%

    Monthly Petrol Price Trend in Gujarat for September 2022

    • Petrol prices opened the month of September standing at the rate of Rs.96.41 per litre in Gujarat. When compared to the closing rates of the previous week, there were no changes in the price of the fuel.
    • The price of the fuel was stable and witnessed no fluctuations during the month of September in Gujarat.
    • In Gujarat, the last week of September closed with the price of the fuel standing at the rate of Rs.96.41 per litre. Over the week, the fuel prices displayed a stability in its overall performance in Gujarat.

    Trend of Petrol Price in Gujarat for August 2022 (rates per litre)

    Parameters Rates/litre
    1st August Rs.96.41
    31st August Rs.96.41
    Highest Rate in August Rs.96.41 from 1 to 31 August
    Lowest Rate in August Rs.96.41 from 1 to 31 August
    Overall Performance Stable
    Percentage Change 0%

    Monthly Petrol Price Trend in Gujarat for August 2022

    • Petrol prices opened the month of August standing at the rate of Rs.96.41 per litre in Gujarat. When compared to the closing rates of the previous week, there were no changes in the price of the fuel.
    • The price of the fuel was stable and witnessed no fluctuations during the month of August in Gujarat.
    • In Gujarat, the last week of August closed with the price of the fuel standing at the rate of Rs.96.41 per litre. Over the week, the fuel prices displayed a stability in its overall performance in Gujarat.

    Trend of Petrol Price in Gujarat for July 2022 (rates per litre)

    Parameters Rates/litre
    1st July Rs.96.41
    31st July Rs.96.41
    Highest Rate in July Rs.96.41 from 1 to 31 July
    Lowest Rate in July Rs.96.41 from 1 to 31 July
    Overall Performance Stable
    Percentage Change 0%

    Monthly Petrol Price Trend in Gujarat for July 2022

    • Petrol prices opened the month of July standing at the rate of Rs.96.41 per litre in Gujarat. When compared to the closing rates of the previous week, there were no changes in the price of the fuel.
    • The price of the fuel was stable and witnessed no fluctuations during the month of July in Gujarat.
    • In Gujarat, the last week of July closed with the price of the fuel standing at the rate of Rs.96.41 per litre. Over the week, the fuel prices displayed a stability in its overall performance in Gujarat.

    Trend of Petrol Price in Gujarat for June 2022 (rates per litre)

    Parameters Rates/litre
    1st June Rs.96.41
    30th June Rs.96.41
    Highest Rate in June Rs.96.41 from 1 to 30 June
    Lowest Rate in June Rs.96.41 from 1 to 30 June
    Overall Performance Stable
    Percentage Change 0%

    Monthly Petrol Price Trend in Gujarat for June 2022

    • Petrol prices opened the month of June standing at the rate of Rs.96.41 per litre in Gujarat. When compared to the closing rates of the previous week, there were no changes in the price of the fuel.
    • The price of the fuel was stable and witnessed no fluctuations during the month of June in Gujarat.
    • In Gujarat, the last week of June closed with the price of the fuel standing at the rate of Rs.96.41 per litre. Over the week, the fuel prices displayed a stability in its overall performance in Gujarat.

    Trend of Petrol Price in Gujarat for May 2022 (rates per litre)

    Parameters Rates/litre
    1st May Rs.105.08
    31st May Rs.96.41
    Highest Rate in May Rs.105.08 on 1 May
    Lowest Rate in May Rs.96.41 from 22 to 31 May
    Overall Performance Decline
    Percentage Change -8.25%

    Monthly Petrol Price Trend in Gujarat for May 2022

    • Petrol price in Gujarat opened the month of May standing at the rate of Rs.105.08 per litre.
    • The highest petrol rate was recorded on 1 May wherein a litre of petrol was being traded at the rate of Rs.105.08. The lowest price of petrol was recorded from 22 to 31 May when it stood at the rate of Rs.96.41 per litre.
    • In Gujarat, the month of May closed with the price of the fuel standing at the rate of Rs.96.41 per litre. There was an overall declining trend of -8.25% in the performance of petrol price in Gujarat.

    Trend of Petrol Price in Gujarat for April 2022 (rates per litre)

    Parameters Rates/litre
    1st April Rs.101.48
    30th April Rs.105.08
    Highest Rate in April Rs.105.08 on 30 April
    Lowest Rate in April Rs.101.48 on 1 April
    Overall Performance Incline
    Percentage Change 3.55%

    Monthly Petrol Price Trend in Gujarat for April 2022

    • Petrol price in Gujarat opened the month of April standing at the rate of Rs.101.48 per litre.
    • The highest petrol rate was recorded on 30 April wherein a litre of petrol was being traded at the rate of Rs.105.08. The lowest price of petrol was recorded on 1 April when it stood at the rate of Rs.101.48 per litre.
    • In Gujarat, the month of April closed with the price of the fuel standing at the rate of Rs.105.08 per litre. There was an overall inclining trend of 3.55% in the performance of petrol price in Gujarat.

    Trend of Petrol Price in Gujarat for March 2022 (rates per litre)

    Parameters Rates/litre
    1st March Rs.95.11
    31st March Rs.101.48
    Highest Rate in March Rs.101.48 on 31 March
    Lowest Rate in March Rs.95.11 from 1 March to 21 March
    Overall Performance Incline
    Percentage Change 6.70%

    Monthly Petrol Price Trend in Gujarat for March 2022

    • Petrol price in Gujarat opened the month of March standing at the rate of Rs.95.11 per litre. After being stable for weeks, the fuel price witnessed a hike on 22 March.
    • The highest petrol rate was recorded on 31 March wherein a litre of petrol was being traded at the rate of Rs.101.48. The lowest price of petrol was recorded from 1 to 21 March when it stood at the rate of Rs.95.11 per litre.
    • In Gujarat, the month of March closed with the price of the fuel standing at the rate of Rs.101.48 per litre. There was an overall inclining trend of 6.70% in the performance of petrol price in Gujarat.

    Trend of Petrol Price in Gujarat for February 2022 (rates per litre)

    Parameters Rates/litre
    1st February Rs.95.11
    28th February Rs.95.11
    Highest Rate in February Rs.95.11
    Lowest Rate in February Rs.95.11
    Overall Performance Stable
    Percentage Change 0%

    Monthly Petrol Price Trend in Gujarat for February 2022

    • Petrol prices in Gujarat opened the month of February standing at the rate of Rs.95.11 per litre. There were no fluctuations or changes in the price of the fuel when compared to the closing price of the previous month.
    • The price of the liquid gold stood steady in Gujarat during the month. In the month of February, the price of the fuel was unaltered, witnessed no fluctuations, and was trading at the rate of Rs.95.11 per litre.
    • In February, the price of petrol closed the month at the rate of Rs.95.11 per litre. The overall performance of the fuel witnessed a stability during the month of February in Gujarat.

    Trend of Petrol Price in Gujarat for January 2022 (rates per litre)

    Parameters Rates/litre
    1st January Rs.95.11
    31st January Rs.95.11
    Highest Rate in January Rs.95.11
    Lowest Rate in January Rs.95.11
    Overall Performance Stable
    Percentage Change 0%

    Monthly Petrol Price Trend in Gujarat for January 2022

    • Petrol price in Gujarat at the start of January was Rs.95.11 per litre. When compared to the previous month’s closing price, no change was witnessed in the price of the fuel.
    • Over the month, no change was witnessed in the price of the fuel in the state.
    • Petrol’s overall performance in Gujarat was stable with the rate seeing no change.

    How often are Petrol Rates/Petrol Prices in Gujarat Revised?

    You may not have noticed that petrol prices across the state are revised on a daily basis. The daily revision is also called ‘dynamic fuel pricing’. The new system combats the drawbacks of the earlier revision. For instance, in the earlier system, there was no transparency with respect to fuel pricing. Petrol dealers were facing issues related to stock management.

    Under the daily revision, the current petrol rate is marked to market dynamics. If prices of crude oil fall today, the petrol rate will fall tomorrow. Similarly, if the USD gains against the Indian currency, the cost of petrol will gain. In simple words, any changes in overseas crude oil prices and the currency conversion rate of the USD to the INR will directly affect the final price of petrol in Gujarat, and so does with other states.

    Fuel rates will be automatically revised by automated petrol pumps and manually by non-automated bunks. For the reference of fuel consumers like you, each petrol station will display price updates at 06:00 a.m. every day. The daily revision is in practice since the last four months and has been well-received by consumers and dealers.

    Trends in Petrol Prices in Gujarat

    The first four days of the daily revision have seen a declining trend. Since 21 June 2017 until 3 October 2017, there was an increasing trend in prices. As we know, the cost of petrol shall vary marginally from one brand to another. In all prime cities of Gujarat including Ahmadabad, the petrol price was comparatively cheaper at Hindustan Petroleum followed by Indian Oil, Bharat Petroleum, and Shell Oil as on the latest date.

    Comparison between Petrol Price in Gujarat and other States

    The latest price that was offered at Indian Oil was Rs.67.66. At Bharat Petroleum, it was Rs.67.72. It was Rs.68.8 at Shell Oil. At Hindustan Petroleum, it was Rs.67.62 as on the latest date, which is 12 October 2017. This is applicable to the entire state of Gujarat. In Karnataka, the price of petrol is costlier at Shell Oil followed by Bharat Petroleum, Hindustan Petroleum, and Indian Oil. In Maharashtra, the average price for the last ten was Rs.77.28 until 12 October 2017.

    How are Petrol Rates in Gujarat Computed?

    The following formula is used to compute the final price petrol, which is charged to consumers from all cities of Gujarat:

    The final price of petrol = cost of unrefined oil (including freights) + refinery transfer price + profit margin of oil marketing companies + VAT + customs duty + excise duty + commission charged by petrol dealers + pollution cess

    The cost of crude oil is the price charged by transnational oil companies to oil marketing companies in India. A barrel of crude oil, which is equivalent to 159 litres, costs $50 currently. Freight charges are the expenses incurred by oil marketing companies for shifting crude oil from overseas ports to Indian ports. The refinery transfer price is remitted again by oil marketing entities.

    The price, which is charged to dealers, comes with a profit margin added by OMCs. Excise duty is the tax component imposed by the Indian government. Currently, it is Rs.19.48 a litre. Petrol is taxed at 28.96% by the state government of Gujarat. Excise duty remains the same across the country, but VAT changes from state to state. The commission charged by dealers will fluctuate from one dealer to another within all cities of Gujarat.

    Factors affecting Petrol Prices in Gujarat

    Why is petrol priced differently at different time zones? It is due to variations in domestic factors and international factors. Prices of crude oil in global markets, the exchange rate, and the tax element have a direct impact on retail selling price of petrol in Gujarat. Needless to say, if any of these components goes up, the petrol cost will increase. In the same way, if any of these components slashes, the petrol rate will dampen.

    Let’s understand what impacts the cost of crude oil, which is imported by Indian oil companies from foreign oil companies. The primary influencers include changes in the currency conversion rate, climate conditions, political events in oil-producing countries, and the quantum of demand for oil from evolving nations. For instance, during the rainy season, all activities related to crude oil extraction are likely to be adversely affected.

    How does GST Impact Petrol Prices in Gujarat?

    Goods and Services Tax (GST) is a consolidated indirect tax platform. It is applicable to all types of services and goods that are transacted. Petrol and petroleum products do not fall under the regime of GST. However, all industry participants continue to pay the existing tax slab. If petrol is brought under the regime of GST, petrol prices will be cheaper for consumers, but the state and central governments stand to lose their revenues drastically.

    Petrol Costs vs. Diesel Cost in Gujarat

    As on the latest date, the average price of petrol was Rs.69.68. The average price of diesel was Rs.61.02 in Gujarat. The state government of Gujarat has cut VAT on petrol by 4% recently. With this reduction, the price of petrol was reduced by Rs.2.72 in the state. The government of Gujarat stands to lose 2,000 crore with this move.

    Also Check Petrol Price in NearBy Cities of Gujarat

    *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.

    Petrol Price In Metro Cities
    Petrol Price In Other Capitals
    Petrol Price In Other Major Cities
    Petrol Price In States
    Petrol Tax on States and Cities
    Petrol Artciles

    Display of any trademarks, tradenames, logos and other subject matters of intellectual property belong to their respective intellectual property owners. Display of such IP along with the related product information does not imply BankBazaar's partnership with the owner of the Intellectual Property or issuer/manufacturer of such products.

    reTH65gcmBgCJ7k
    This Page is BLOCKED as it is using Iframes.