Why petrol price has hit a record

Petrol & diesel

With rising crude prices and a depreciating rupee, petroleum is bound to get more expensive , diesel has already reached it’s all time high and petrol to at 76.24 per liter in Delhi,hit a new high on Sunday,breaking its sept 2013 record.


petrol prices in different cities

Highest to lowest

Mumbai    –   83.16₹



Agartala -72.14₹


port Blair (South Andaman Island is the capital city of the Andaman and Nicobar Islands)-64.96₹


Diesel prices in different cities



Trivandrum (or Thiruvananthapuram)-72.51₹


Aizwal ( the capital of the state of Mizoram in India)-64.13₹


Port Blair – 62.64₹


Petrol is most expensive in Mumbai.

Diesel is most expensive in Hyderabad.


Proportion of taxes as a component of the prices:-

Over 50% of petrol retail price constitutes taxes and dealer commission. For diesel the corresponding figure is over 40%. Taxes vary in different states and hence their are variation in retail prices.

Author: Susheel kumar

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