Diesel Price in India Punjab

 

 

 

Relative to other major cities in India, the diesel price in New Delhi is quite high at the moment, but if you live in another part of the country, you may not think so. In Punjab, diesel costs less than half of what it does in New Delhi, and it’s still much cheaper than its price when fuel was subsidized earlier this year.

 

Diesel Price History:

The diesel price in Punjab has seen a lot of ups and downs over the years. In recent years, the diesel price has been on the rise, making it more difficult for residents to afford. 

The high diesel prices are due to a number of factors, including the cost of crude oil, taxes, and transportation costs. However, there are some ways to save on diesel fuel costs. Here are a few tips

 

Why the prices have gone up:

The cost of diesel has been steadily rising over the past few years. In 2019, the average price of diesel in India was Rs. 59.83 per litre. 

This increase is due to a number of factors, including the rising cost of crude oil, taxes and transportation costs. Additionally, diesel prices are also influenced by international markets. For example, when crude oil prices rise in the Middle East, this often leads to an increase in the price of diesel in India as well.

 

Who will be affected by this hike?

The diesel price in India Punjab will have a few different groups of people. Firstly, those who use diesel as their main source of fuel for their vehicles will be most affected. This includes truck drivers, taxi and auto-rickshaw drivers, and others who use diesel cars.

 The prices of goods transported by these vehicles will also increase, as the cost of fuel is passed on to consumers. Secondly, those who live in rural areas and rely on diesel generators for power will also be affected by the price hike. 

This could lead to an increase in the cost of living for many people in rural areas. Finally, the government will also be affected by the higher diesel prices. Diesel is a major source of revenue for the government, and the higher prices will lead to less tax revenue.

 

Petrol diesel prices

Today, the diesel price in Punjab is Rs. 86.91per litre, with a decrease of Rs. 0.17 from the previous day's prices. Diesel prices have been on a constant rise since early February, and are now at an all-time high in the state. 

The main reason for this is the rising crude oil prices globally. India is a major importer of crude oil, and as such, any change in global prices is reflected in domestic prices as well. In addition, state taxes and dealer commissions also contribute to the final price of diesel.

 

Diesel price today

The diesel price today in Punjab is Rs. 86.91 per litre, a decrease of Rs. 0.24 from the previous day's price. 

This is the second consecutive day of decrease in prices, after two days of increase. Diesel prices have been volatile over the past few weeks, but seem to be stabilizing now.

 

Diesel cost per litre

The cost of diesel per litre in Punjab is currently Rs. 86.91. This is the price that you will pay at the pump when you fill up your car or truck. Diesel prices have been rising steadily over the past few years, and they are now at an all-time high.

 The main reason for this is the increase in crude oil prices. Another factor that has contributed to the rise in diesel prices is the weak Indian rupee. 

This has made imported diesel more expensive. The good news is that the government has recently announced a subsidy on diesel, which will bring down the price by Rs 2 per litre. This subsidy will be applicable for a period of three months, after which the prices are likely to go up again.

 

Diesel oil price

The diesel oil price is an important factor that affects the cost of transportation for many businesses. In India, the diesel oil prices are determined by the state governments. The diesel oil prices in Punjab are lower than the national average.

 This is due to the fact that Punjab is a major producer of diesel oil. The government has set a ceiling on the retail price of diesel oil in order to keep the prices stable. 

However, the prices of diesel oil have been increasing steadily over the past few years. This has caused a lot of inconvenience to the people who use it for their daily commute.

 

What is the diesel price in Delhi today?

The diesel price in Delhi today is Rs. 86.91 per litre. This is the highest diesel price in India, and it has been steadily rising over the past few months. The diesel prices in Punjab are also high, at Rs. 86.91 per litre. 

This is due to the recent increase in crude oil prices globally. The Indian government has been trying to ease the burden on consumers by subsidizing fuel prices, but this has not been very effective so far. Diesel is an essential commodity for many industries, and the high prices are having a detrimental effect on businesses across the country.

 

Average cost of diesel fuel

The average cost of diesel fuel in India is Rs. 81.24 per litre. This cost varies from state to state, with the highest prices being found in the northern states of Punjab and Haryana. 

The lowest prices are found in the southern states of Tamil Nadu and Kerala. The reason for this variation is due to the different taxes imposed by each state government. In Punjab, the excise duty on diesel is Rs. 15.33 per litre while in Tamil Nadu it is only Rs. 2.76 per litre. This results in a much higher overall cost of diesel fuel in Punjab than in Tamil Nadu.