Petrol Price in Maharashtra Today (Dec 26 2024)
The Petrol Price in Maharashtra is ...
| State | Today | Yesterday | Rate Change |
|---|---|---|---|
| - - - | - - - | - - - | - - - |
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Last 10 days Petrol Rate in Maharashtra
| Date | petrol per Litre |
|---|
Petrol Price in All Cities of Maharashtra Today
| District | petrol per Litre |
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State-wise Petrol Prices
Petrol Prices in Major Cities
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Petrol Rate in Maharashtra
- The current Petrol Price in Maharashtra is ... per litre.
Trend of Petrol Price in Maharashtra for February 2022 (rates per liter):
| Parameters | Rates/litre |
| 1st February | Rs. 94.30 |
| 28th February | Rs. 99.19 |
| Highest Rate in February | Rs. 99.30 |
| Lowest Rate in February | Rs. 91.00 |
| Overall Performance | Rise |
| Percentage Change | +4.93% |
- The petrol price in Maharashtra has settled to Rs. 94.30 per litre on the 1st February
- In the previous week, the prices were closed to Rs. 99.30 per litre
- The overall percentage reads to +4.93%
Trend of Petrol Price in Maharashtra for January 2022 (rates per liter):
| Parameters | Rates/litre |
| 1st January | Rs.91.52 |
| 31st January | Rs.94.30 |
| Highest Rate in January | Rs.94.58 |
| Lowest Rate in January | Rs.91.52 |
| Overall Performance | Rise |
| Percentage Change | +2.95% |
- The petrol price in Maharashtra has settled to Rs. 91.52 per litre on the 1st January
- In the previous week, the prices were closed to Rs. 94.30 per litre
- The overall percentage reads to +2.95%
Trend of Petrol Price in Maharashtra for December 2021 (rates per liter):
| Parameters | Rates/litre |
| 1st December | Rs. 90.16 |
| 31st December | Rs.91.57 |
| Highest Rate in December | Rs.92.02 |
| Lowest Rate in December | Rs.90.16 |
| Overall Performance | Rise |
| Percentage Change | +1.54% |
- The petrol price in Maharashtra has settled to Rs. 90.16 per litre on the 1st December
- In the previous week, the prices were closed to Rs. 91.57 per litre
- The overall percentage reads to +1.54%
Trend of Petrol Price in Maharashtra for November 2021 (rates per liter):
| Parameters | Rates/litre |
| 1st November | Rs.88.78 |
| 30th November | Rs.90.31 |
| Highest Rate in November | Rs.90.31 |
| Lowest Rate in November | Rs.88.72 |
| Overall Performance | Rise |
| Percentage Change | +1.69% |
- The petrol price in Maharashtra has settled to Rs. 88.78 per litre on the 1st November
- In the previous week, the prices were closed to Rs. 90.31 per litre
- The overall percentage reads to +1.69%
Trend of Petrol Price in Maharashtra for October 2021 (rates per liter):
| Parameters | Rates/litre |
| 1st October | Rs.88.81 |
| 31st October | Rs.88.82 |
| Highest Rate in October | Rs.89.19 |
| Lowest Rate in October | Rs.88.65 |
| Overall Performance | Rise |
| Percentage Change | +0.01% |
- The petrol price in Maharashtra has settled to Rs. 88.81 per litre on the 1st October
- In the previous week, the prices were closed to Rs. 88.82 per litre
- The overall percentage reads to +0.01%
Trend of Petrol Price in Maharashtra for September 2021 (rates per liter):
| Parameters | Rates/litre |
| 1st September | Rs.81.23 |
| 30th September | Rs.80.13 |
| Highest Rate in September | Rs.81.23 |
| Lowest Rate in September | Rs.80.23 |
| Overall Performance | Rise |
| Percentage Change | +1.23% |
- The petrol price in Maharashtra has settled to Rs. 81.23 per litre on the 1st October
- In the previous week, the prices were closed to Rs. 80.23 per litre
- The overall percentage reads to +1.23%
How Frequently is Petrol Price in Maharashtra Reviewed?
The current crude oil is expected to witness a major change in pricing due to the increase in crude oil over the international market. It has been monitored through SMS ready or a client assistance administration. The major driving factors influencing the petrol prices in Maharashtra include differences due to the season, increasing international demand and supplies, political fluctuations in oil-manufacturing countries, capabilities of refineries.
Procedure to Compute Petrol Prices in Maharashtra
Step 1: Calculation of the petroleum Price
Petrol prices in Maharashtra are rapidly booming due to the increase in crude oil. Petrol rates are revised at 6:00 AM at regular intervals. In the past, the petrol rates used to revised every fortnight. There are several major factors impacting the cost of fuel.
Step 2: Calculation of Refinery Expenses
The major reason behind influencing the petrol prices includes rupee to US dollar rate of exchange, demand for fuel, cost of crude oil, global cues, and much more. It has been noticed that the international crude oil prices are widely gaining traction and measuring significant growth in prices in India. The price of fuel includes dealer commission, excise duty, value-aded tax (VAT). It majorly varies from state-to-state.
Step 3: Other Cost Elements
Petrol prices in India change in accordance with the changes in government policies that impose taxes on fuels. To urge marginal returns and recover the losses, Indian oil companies change their rate counting on the changing rate of taxes.
Elements Impacting Petrol Prices in Maharashtra
Crude oil cost is one of the most important factors that features a direct impact on the petrol price in the Indian domestic market. The cost of the crude is especially increased due to its demand and supply, international political relations, and future supplies and reserves. With a rise in the number of individuals owning private vehicles, the demand for petrol has increased, contributing towards the petrol price hike. Petrol is manufactured by processing crude, the value of which affects the fuel price in India. Oil manufacturing companies in India face problems to satisfy the rising demand for petrol because the cost of crude is rising, thus leading to less supply of petrol.
How are Petrol Prices in Maharashtra Responding to GST?
This is one of the vital factors having an enormous impact on petrol price in India. So, when the dollar strengthens against the Indian rupee, the buying cost goes high, thus impacting the value of petrol. The imported crude is shipped to refineries for further processing.
Diesel Rate vs. Petrol Rates in Maharashtra
It has been noticed that the average price of petrol per liter in the major cities and states reached to Rs. 68.54 and diesel is worth Rs. 57.73. The difference between these two fuel does not fluctuate at regular intervals in Jammu and Kashmir, Maharashtra, West Bengal, Kerala, and many others.
News
Petrol Costs Rs.89.44 in Mumbai
State-run Oil Marketing Companies (OMCs) on Saturday kept the rates of petrol constant across the main cities of the country. In the capital i.e., New Delhi, every litre of petrol was retailed for Rs.72.90 while in the commercial capital of the country i.e., Mumbai the rates were Rs.78.52 per litre. The rates charged for fuel in the country are hooked into international oil prices on a 15-day average and therefore the cost of rupee against the US dollar. This is often because India imports 80 percent of its total petroleum requirement.
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FAQs
✅ Is the price of petrol revised a day in Maharashtra?
Yes, the worth of petrol is revised a day in the state.
✅ Do state-run oil companies revise the rates as per the dynamic pricing scheme?
Yes, state-run oil companies revise the worth of petrol in Maharashtra as per the dynamic pricing scheme.
✅ How was the general performance of petrol in the state for the month of September?
The overall performance of petrol in the state for the month of September was one among incline.
✅ On what factors is that the price of petrol revised in Maharashtra?
The price of petrol is revised in the state after taking under consideration international oil rates and rupee – US dollar rate of exchange.
Visit our Dialabank for more such insights.
