Petrol Rate in Jaipur
It is extremely vital to check the current petrol price in Jaipur since petrol prices are revised every day. Fuel rates have been changing in all regions of the country because of dynamic fuel pricing, not only in Jaipur, the capital city of Rajasthan.
All state-owned oil marketing enterprises will revise the fuel price at retail petrol outlets each day. At 06:00 a.m., they will offer a new price to fuel consumers in the city.
| Also Know: Diesel Price In Jaipur |
Trend of Petrol Price in Jaipur for November 2022 (rates per litre)
| Parameters | Rates/litre |
|---|---|
| 1st November | Rs.108.46 |
| 30th November | Rs.108.46 |
| Highest Rate in November | Rs.108.46 from 1 to 30 November |
| Lowest Rate in November | Rs.108.46 from 1 to 30 November |
| Overall Performance | Stable |
| Percentage Change | 0% |
- Petrol prices opened the month of November standing at the rate of Rs.108.46 per litre in Jaipur. 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 Jaipur.
- In Jaipur, the last week of November closed with the price of the fuel standing at the rate of Rs.108.46 per litre. Over the week, the fuel prices displayed a stability in its overall performance in Jaipur.
Trend of Petrol Price in Jaipur for October 2022 (rates per litre)
| Parameters | Rates/litre |
|---|---|
| 1st October | Rs.108.46 |
| 31st October | Rs.108.46 |
| Highest Rate in October | Rs.108.46 from 1 to 31 October |
| Lowest Rate in October | Rs.108.46 from 1 to 31 October |
| Overall Performance | Stable |
| Percentage Change | 0% |
- Petrol prices opened the month of October standing at the rate of Rs.108.46 per litre in Jaipur. 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 Jaipur.
- In Jaipur, the last week of October closed with the price of the fuel standing at the rate of Rs.108.46 per litre. Over the week, the fuel prices displayed a stability in its overall performance in Jaipur.
Trend of Petrol Price in Jaipur for September 2022 (rates per litre)
| Parameters | Rates/litre |
|---|---|
| 1st September | Rs.108.46 |
| 30th September | Rs.108.46 |
| Highest Rate in September | Rs.108.46 from 1 to 30 September |
| Lowest Rate in September | Rs.108.46 from 1 to 30 September |
| Overall Performance | Stable |
| Percentage Change | 0% |
- Petrol prices opened the month of September standing at the rate of Rs.108.46 per litre in Jaipur. 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 Jaipur.
- In Jaipur, the last week of September closed with the price of the fuel standing at the rate of Rs.108.46 per litre. Over the week, the fuel prices displayed a stability in its overall performance in September.
Trends in Current Fuel Rates in Jaipur:
Like many of us, petrol is utilised for transportation. Demand for petrol in all cities of India, including Jaipur, has increased over the last few years because of the arrival of fuel-efficient petrol-based vehicles.
An increasing number of petrol-based two-wheelers and four-wheelers has no direct impact on fuel rates. In India, in excess of 75% of fuel requirement is sufficed through importing crude oil from other countries, primarily OPEC countries. Only 25% of Indian fuel requirement is met through indigenous production. So, trends in petrol prices in Jaipur will largely rely on overseas market performances.
| Also Check: Petrol Price in Jodhpur |
Features of Dynamic Fuel Pricing
At all petrol centers in Jaipur, oil marketing enterprises, including Indian Oil Company Limited (OICL), Bharat Petroleum Company Limited (BPCL) and Hindustan Petroleum Company Limited (HPCL), will provide a new price of petrol to its consumers. Under this system, the revision of fuel rates in Jaipur will be done based on movements in crude oil prices and the exchange rate.
In other words, fuel users are offered market-determined petrol price in Jaipur. Any ups and downs will be transmitted to them instantly. This is a major benefit offered by dynamic fuel pricing to customers. It has been introduced in all Indian cities, including Jaipur in June 2017. Prior to it, oil marketing businesses (OMCs) used to review petrol rates on 1st and 16th of every month
Determinants of Petrol Cost in Jaipur
Crude oil has a major role to play. Production levels and political changes in oil-exporting economies directly affect fuel prices in India. If oil exporting countries announced a production cut, cost prices of crude oil bound to increase.
Similarly, any variations in the USD/INR conversion ratio has an impact. The exchange rate is based on many aspects such as the import and export structure of India and the USA, bank interest rates offered in both countries and inflation rates in India and the USA. On a daily basis, the RBI regulates the exchange rate.
Current Fuel Rates in Jaipur vs GST
Goods and Services Tax is one of the largest tax reforms in the Indian tax system. It is a tax system, which removes all types of indirect taxes. GST gives a unified platform for taxpayers and merchants. GST is presently imposed at the highest rate of 25% except petrol. However, GST does not have any effect on fuel prices in Jaipur. If levied, fuel rates in the city will slide by 20-30%. The Central Government cannot execute GST on petrol at current rates since it loses a prime chunk of revenues. The GST Council has to rework on tax rates if it wishes to consider petrol under the GST regime.
Also Check Petrol 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.
