Petrol Price in West Bengal

Petrol Price in West Bengal Today (Oct 07 2024)

The petrol price in West Bengal is ... today.

State	Today	Yesterday	Rate Change
- - -	- - -	- - -	- - -

Last 10 days Petrol Rate in West Bengal

Date	petrol per Litre

Petrol Price in All Cities of West Bengal Today

District	petrol per Litre

State-wise Petrol Prices

Petrol Prices in Major Cities

Petrol Rate in West Bengal

• The current Petrol Price in Kerala is ... per litre.

Trend of Petrol Price in West Bengal for February 2021 (rates per liter):

Parameters	Rates/litre
1st February	Rs. 87.69
28th February	Rs. 91.35
Highest Rate in February	Rs. 91.78
Lowest Rate in February	Rs. 87.69
Overall Performance	Rise
Percentage Change	+4.01%

• The petrol price in West Bengal has settled to Rs. 87.69 per litre on the 1st February
• In the previous week, the prices were closed to Rs. 91.35 per litre
• The overall percentage reads to +4.01%

Trend of Petrol Price in West Bengal for January 2021 (rates per liter):

Parameters	Rates/litre
1st January	Rs.85.19
31st January	Rs.87.69
Highest Rate in January	Rs.87.69
Lowest Rate in January	Rs.85.19
Overall Performance	Rise
Percentage Change	+2.85%

 

• The petrol price in West Bengal has settled to Rs. 95.19 per litre on the 1st January
• In the previous week, the prices were closed to Rs. 87.69 per litre
• The overall percentage reads to +2.85%

Trend of Petrol Price in West Bengal for December 2021 (rates per liter):

Parameters	Rates/litre
1st December	Rs. 83.87
31st December	Rs.85.19
Highest Rate in December	Rs.85.19
Lowest Rate in December	Rs.83.87
Overall Performance	Rise
Percentage Change	+1.55%

 

• The petrol price in West Bengal has settled to Rs. 83.87 per litre on the 1st December
• In the previous week, the prices were closed to Rs. 83.19 per litre
• The overall percentage reads to +1.55%

Trend of Petrol Price in West Bengal for November 2021 (rates per liter):

Parameters	Rates/litre
1st November	Rs.82.59
30th November	Rs.83.87
Highest Rate in November	Rs.83.87
Lowest Rate in November	Rs.82.59
Overall Performance	Rise
Percentage Change	+1.53%

 

• The petrol price in West Bengal has settled to Rs. 82.59 per litre on the 1st November
• In the previous week, the prices were closed to Rs. 83.87 per litre
• The overall percentage reads to +1.53%

Trend of Petrol Price in West Bengal 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	No change
Percentage Change	0.00%

 

• The petrol price in West Bengal has settled to Rs. 82.59 per litre on the 1st October
• In the previous week, the prices were closed to Rs. 83.87 per litre
• The overall percentage reads to 0.00%

Trend of Petrol Price in West Bengal for September 2021 (rates per liter):

Parameters	Rates/litre
1st September	Rs.83.57
30th September	Rs.82.59
Highest Rate in September	Rs.83.57
Lowest Rate in September	Rs.82.59
Overall Performance	Falling
Percentage Change	-1.19%

 

• The petrol price in West Bengal has settled to Rs. 83.57 per litre on the 1st October
• In the previous week, the prices were closed to Rs. 82.59 per litre
• The overall percentage reads to -1.19%

How Frequently is Petrol Price in West Bengal Reviewed?

The current crude oil expects to change with the casual observations through an SMS ready or a client assistance administration. The oil marketing companies such as Bharat Petroleum, Indian Oil, Hindustan Petroleum, and Shell Oil has the authority to monitor and the recent fuel cost of West Bengal in advance.

Procedure to Compute Petrol Prices in West Bengal

Step 1: Calculation of the petroleum Price

Leading international oil marketing companies provides unrefined oil to Indian Oil Marketing (OMCs) at benchmark rates. These are the prices that measure over 159 liters of crude that costs $49 in the global markets. The cost of a liter of crude is computed by converting US dollars into an Indian rupee. The cost of crude includes freight charges that are reportedly paid by oil marketing companies.

Step 2: Calculation of Refinery Expenses

With the import of crude from leading international oil marketing companies, Indian oil marketing companies are shifting their focus from crude to refineries. This helps them make the process more transparent and feasible. Crude is the clustered that includes several products such as diesel, coal tar, and petrol in distillation towers.

Step 3: Other Cost Elements

Clustered petrol is allowed to be stockpiled in the reservoirs of oil marketing companies. The rate of petrol is paid by end consumers. It consists of the above costs and the commission is officially charged by excise duty, dealers, value-added tax, and total duties. The petrol price is the cost prices that include excise duty, procuring marketing, state taxes, and refining.

Elements Impacting Petrol Prices in West Bengal

Crude oil is considered the most significant factor that features a direct impact on the prices in the Indian domestic market. The crude oil cost witnesses an increase due to the increasing demand and supply, future supplies and reserves, demand and supply, and more. With the rising number of individuals owning private vehicles, the demand for petrol is expected to witness a significant increase. Petrol is generally manufactured by processing crude, the cost that affects the fuel price in India. Oil marketing companies in India are facing crucial challenges in satisfying the increasing demand for petrol. This results in the cost of crude a significant hike that leads to less supply of petrol.

Petrol prices in West Bengal are on the verge to express the major growth in petrol prices due to the increase in the prices of crude oil in the global markets. Petrol rates are promptly revised at 6:00 am every day. In the previous times, the petrol rates were used to take an update every fortnight. There are several significant factors influencing the prices of petrol in the countries that include the cost of fuel. The factors influencing the petrol prices include rupee to US dollar rate of exchange, cost of crude oil, global cues, demand for fuel, and much more. It has been widely noticed that the international crude oil prices are gaining maximum traction on the account of measuring vital growth in prices of petrol in the country.

How are Petrol Prices in West Bengal Responding to GST?

In India, there are hardly any other forms except Goods and Services Tax (GST). GST is compulsorily applicable to all the vendors who are into the business of any goods and services. At present, petrol is not taxed under the regime of GST. Petrol prices are highly impactful by current tax slabs. 

Diesel Rate vs. Petrol Rates in West Bengal

Petrol is basically taxed under the central and state governments. The cost price of petrol is expected to increase only if the share of tax is imposed by both the government parties. Moreover, the cost of price of petrol usually drops down when the share of tax is levied by both the government parties reduce the cost. In has been noticed that On 4th October 2017, the central excise duty was dropped down by Rs. 2 by the central government. The petrol rate in West Bengal at a high price in the fortnight.

News

Petrol Costs Rs.89.59 in Kolkata

State-run leading oil marketing companies such as Hindustan Petroleum, India, Oil, Bharat Petroleum has not made any major changes to the prices of petrol in Kolkata. The price of petrol is settled on Rs. 82.59 per liter. There are no changes seen to the prices of petrol across all metro cities in India. The latest prices of petrol in Delhi, Chennai, and Mumbai are settled on Rs. 84.14, Rs. 81.06, and Rs. 87.74 respectively.

FAQs

✅ Is the price of petrol revised a day in West Bengal?

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 West Bengal 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 West Bengal?

The price of petrol is revised in the state after taking under consideration international oil rates and rupee – US dollar rate of exchange.

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