Petrol Price In Patna Today

  • Today's Petrol Price (09 Dec 2022)

    ₹ 107.22
    Current Petrol Price Per Litre

    Compare Petrol Price in Patna (Today & Yesterday)

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    Rate Change
    Petrol ( / litre) ₹ 107.22 ₹ 107.22 ₹ 0 ↑

    Petrol Price in Patna - Last 10 Days Data

    Date Petrol ( / litre)
    09 Dec 2022 ₹ 107.22
    08 Dec 2022 ₹ 107.22
    07 Dec 2022 ₹ 107.22
    06 Dec 2022 ₹ 107.22
    05 Dec 2022 ₹ 107.22
    04 Dec 2022 ₹ 107.22
    03 Dec 2022 ₹ 107.22
    02 Dec 2022 ₹ 107.22
    01 Dec 2022 ₹ 107.22
    30 Nov 2022 ₹ 107.22

    Petrol Rate Trend

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    • 3 Months
    • 6 Months

    Petrol Price in Patna

    The Price of petrol in Patna, the capital city of North Indian state of Bihar, is composed of various elements. For a common man, it often becomes difficult to actually understand how petrol is priced, why it doesn’t have an MRP and most importantly about why petrol price in Patna changes every day.

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

    Parameters Rates/litre
    1st November Rs.107.22
    30th November Rs.107.22
    Highest rate in November Rs.107.22 from 1 to 30 November
    Lowest rate in November Rs.107.22 from 1 to 30 November
    Overall Performance Stable
    Percentage Change 0%
    Monthly Petrol Price Trend in Patna for November 2022
    • Petrol prices opened the month of November standing at the rate of Rs.107.22 per litre in Patna. 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 Patna.
    • In Patna, the last week of November closed with the price of the fuel standing at the rate of Rs.107.22 per litre. Over the week, the fuel prices displayed a stability in its overall performance in Patna.

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

    Parameters Rates/litre
    1st October Rs.107.22
    31st October Rs.107.22
    Highest rate in October Rs.107.22 from 1 to 31 October
    Lowest rate in October Rs.107.22 from 1 to 31 October
    Overall Performance Stable
    Percentage Change 0%
    Monthly Petrol Price Trend in Patna for October 2022
    • Petrol prices opened the month of October standing at the rate of Rs.107.22 per litre in Patna. 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 Patna.
    • In Patna, the last week of October closed with the price of the fuel standing at the rate of Rs.107.22 per litre. Over the week, the fuel prices displayed a stability in its overall performance in Patna.

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

    Parameters Rates/litre
    1st September Rs.107.22
    30th September Rs.107.22
    Highest rate in September Rs.107.22 from 1 to 30 September
    Lowest rate in September Rs.107.22 from 1 to 30 September
    Overall Performance Stable
    Percentage Change 0%
    Monthly Petrol Price Trend in Patna for September 2022
    • Petrol prices opened the month of September standing at the rate of Rs.107.22 per litre in Patna. 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 Patna.
    • In Patna, the last week of September closed with the price of the fuel standing at the rate of Rs.107.22 per litre. Over the week, the fuel prices displayed a stability in its overall performance in Patna.

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

    Parameters Rates/litre
    1st August Rs.107.22
    31st August Rs.107.22
    Highest rate in August Rs.107.22 from 1 to 31 August
    Lowest rate in August Rs.107.22 from 1 to 31 August
    Overall Performance Stable
    Percentage Change 0%
    Monthly Petrol Price Trend in Patna for August 2022
    • Petrol prices opened the month of August standing at the rate of Rs.107.22 per litre in Patna. 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 Patna.
    • In Patna, the last week of August closed with the price of the fuel standing at the rate of Rs.107.22 per litre. Over the week, the fuel prices displayed a stability in its overall performance in Patna.

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

    Parameters Rates/litre
    1st August Rs.107.22
    31st August Rs.107.22
    Highest rate in August Rs.107.22 from 1 to 31 August
    Lowest rate in August Rs.107.22 from 1 to 31 August
    Overall Performance Stable
    Percentage Change 0%
    Monthly Petrol Price Trend in Patna for August 2022
    • Petrol prices opened the month of August standing at the rate of Rs.107.22 per litre in Patna. 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 Patna.
    • In Patna, the last week of August closed with the price of the fuel standing at the rate of Rs.107.22 per litre. Over the week, the fuel prices displayed a stability in its overall performance in Patna.

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

    Parameters Rates/litre
    1st July Rs.107.22
    31st July Rs.107.22
    Highest rate in July Rs.107.22 from 1 to 31 July
    Lowest rate in July Rs.107.22 from 1 to 31 July
    Overall Performance Stable
    Percentage Change 0%
    Monthly Petrol Price Trend in Patna for July 2022
    • Petrol prices opened the month of July standing at the rate of Rs.107.22 per litre in Patna. 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 Patna.
    • In Patna, the last week of July closed with the price of the fuel standing at the rate of Rs.107.22 per litre. Over the week, the fuel prices displayed a stability in its overall performance in Patna.

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

    Parameters Rates/litre
    1st June Rs.107.22
    30th June Rs.107.22
    Highest rate in June Rs.107.22 from 1 to 30 June
    Lowest rate in June Rs.107.22 from 1 to 30 June
    Overall Performance Stable
    Percentage Change 0%
    Monthly Petrol Price Trend in Patna for June 2022
    • Petrol prices opened the month of June standing at the rate of Rs.107.22 per litre in Patna. 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 Patna.
    • In Patna, the last week of June closed with the price of the fuel standing at the rate of Rs.107.22 per litre. Over the week, the fuel prices displayed a stability in its overall performance in Patna.

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

    Parameters Rates/litre
    1st May Rs.116.21
    31st May Rs.107.22
    Highest rate in May Rs.116.21 from 1 to 21 May
    Lowest rate in May Rs.107.22 from 22 to 31 May
    Overall Performance Decline
    Percentage Change -7.74%
    Monthly Petrol Price Trend in Patna for May 2022
    • Petrol price in Patna opened the month of May standing at the rate of Rs.116.21 per litre.
    • The highest petrol rate was recorded from 1 to 21 May wherein a litre of petrol was being traded at the rate of Rs.116.21. The lowest price of petrol was recorded from 22 to 31 May when it stood at the rate of Rs.107.22 per litre.
    • In Patna, the month of May closed with the price of the fuel standing at the rate of Rs.107.22 per litre. There was an overall declining trend of -7.74% in the performance of petrol price in Patna.

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

    Parameters Rates/litre
    1st April Rs.112.49
    30th April Rs.116.21
    Highest rate in April Rs.116.21 from 6 to 30 April
    Lowest rate in April Rs.112.49 on 1 April
    Overall Performance Incline
    Percentage Change 3.31%
    Monthly Petrol Price Trend in Patna for April 2022
    • Petrol price in Patna opened the month of April standing at the rate of Rs.112.49 per litre.
    • The highest petrol rate was recorded from 6 to 30 April wherein a litre of petrol was being traded at the rate of Rs.116.21. The lowest price of petrol was recorded on 1 April when it stood at the rate of Rs.112.49 per litre.
    • In Patna, the month of April closed with the price of the fuel standing at the rate of Rs.116.21 per litre. There was an overall inclining trend of 3.31% in the performance of petrol price in Patna.

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

    Parameters Rates/litre
    1st March Rs.105.87
    31st March Rs.112.49
    Highest rate in March Rs.112.49 on 31 March
    Lowest rate in March Rs.105.87 from 1 March to 21 March
    Overall Performance Incline
    Percentage Change 6.25%
    Monthly Petrol Price Trend in Patna for March 2022
    • Petrol price in Patna opened the month of March standing at the rate of Rs.105.87 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.112.49. The lowest price of petrol was recorded from 1 to 21 March when it stood at the rate of Rs.105.87 per litre.
    • In Patna, the month of March closed with the price of the fuel standing at the rate of Rs.112.49 per litre. There was an overall inclining trend of 6.25% in the performance of petrol price in Patna.

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

    Parameters Rates/litre
    1st February Rs.105.87
    28th February Rs.105.87
    Highest rate in February Rs.105.87
    Lowest rate in February Rs.105.87
    Overall Performance Stable
    Percentage Change 0%
    Monthly Petrol Price Trend in Patna for February 2022
    • In Patna, the price of petrol opened the month of February standing at the rate of Rs.105.87 per litre. There were no changes in the price, when compared to the closing price of the fuel of the previous week.
    • The price of the liquid gold stood steady in Patna 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.105.87 per litre.
    • The price of the fuel closed the month of February while being traded at the rate of Rs.105.87 per litre. The overall performance of the fuel witnessed a stability during the month of February in Patna.

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

    Parameters Rates/litre
    1st January Rs.105.87
    31st January Rs.105.87
    Highest rate in January Rs.105.87
    Lowest rate in January Rs.105.87
    Overall Performance Stable
    Percentage Change 0%
    Monthly Petrol Price Trend in Patna for January 2022
    • At the start of January, petrol price in Patna was Rs.105.87 per litre. No change was recorded in the price of liquid gold in the city when it was compared to December’s closing price.
    • The price of the fuel remained unchanged in the city over the month as oil marketing companies decided against changing the rates.
    • Petrol’s overall performance in Patna remained stable.

    Factors Affecting Petrol Rate in Patna:

    There are two major factors that affect petrol rate in Patna– international and domestic.

    While international factors such as global crude oil prices and Indian rupee to US dollar currency exchange rate affect petrol price on a daily basis. Domestic factors such as state and central government taxes, oil companies’ profit margins and dealer’s commission do not affect petrol price in Patna on a day-to-day basis.

    However, any revision of domestic factors impact Petrol rate accordingly. Let’s see how and why these factors are responsible for varying petrol prices in Patna.

    • Crude oil prices: With India importing more than 70% of its crude oil requirements from the OPEC nations, the price of crude oil in the international market plays a key role in petrol pricing in India.

    With the implementation of dynamic fuel pricing model, petrol prices in India are being aligned to international crude oil prices on a daily basis. The volatile nature of crude oil price that changes dynamically thus impacts the petrol price in Patna.

    To calculate petrol price in Patna today, the price of international crude oil in yesterday’s market will be considered.

    • Currency exchange rate: Indian oil companies purchase crude oil in US dollars. While calculating petrol price in Patna, each US dollar will be converted into Indian rupee, based on the exchange rate prevailing on the previous day. The fluctuating nature of dollar thus shows impact on the petrol price on a daily basis. Whenever rupee falls against US dollar, petrol prices in India will increase and vice versa.
    • Central government tax on Petrol: One of the domestic factors that affect petrol price in Patna is the excise duty levied by the central government on petrol. Currently, the government charges an excise duty of Rs.19.48 per litre of petrol. The rate remains same across states.
    • Bihar state tax on Petrol: Bihar state government charges 24.64% value-added tax (VAT) on every litre of petrol sold in Patna. Whenever there is a revision in state taxes, petrol rate will be adjusted accordingly.
    • Profit margins of oil companies: The profit margins of oil companies affect petrol price in Patna but not on a daily basis. It is one of the components that make-up petrol price in the city.
    • Dealer’s commission: The refined petrol will be purchased by petrol dealers from the oil companies. The dealers add their own costs such as oil transportation cost, station maintenance cost, etc., in the form of dealers commission to the cost price of petrol. The commission is usually decided by the Indian oil companies and will be revised once every year. Whenever there is a revision of commission petrol price will get affected.
    Also Check: Petrol Price in Bihar

    Frequently asked questions (FAQs) on Petrol Price in Patna

    1. Why does petrol price in Patna change on a day-to-day basis?
    2. Petrol price in Patna changes every day due to dynamic fuel pricing model. The pricing mechanism aligns domestic fuel prices in the country to international crude oil prices on a daily basis. The revised price will be updated at the petrol stations at 6:00 a.m. every day. The dynamic pricing system was implemented to bring more transparency in petrol pricing and to prevent sudden increase or decline of petrol prices in the country.

    3. Where do I get the cheapest Petrol in Patna?
    4. Petrol price across the city of Patna remains the same except for few minute differences. However, the state-owned fuel stations such as Indian Oil, Hindustan Petroleum, and Bharat Petroleum offer the best petrol price in Patna compared to private counterparts like Shell and Essar. Among the public players, Indian Oil offers the cheapest petrol in Patna.

    5. Why does petrol price in Patna vary from one petrol pump to another?
    6. Petrol price in Patna differs from one petrol station to another due to the variation in the dealer’s commission. Since dealers commission includes fuel transportation costs and fuel station maintenance costs, fuel stations located close to oil refineries charge less and those with high maintenance costs charge more.

    7. What is the effect of GST on Patna petrol prices?
    8. GST or the goods and services tax is a new tax regime implemented in India. The new tax system is not being applied to all categories of products and services. Though most of the manufactured goods and services are taxed under GST, a few retail products are still kept outside GST net. Petrol and other fuel products are a few such products that are not taxed under GST. Hence, GST has no impact on petrol prices in Patna and also in rest of the country.

    Also Check Petrol Price in NearBy Cities of Patna

    *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.

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