Diesel Price in Bhopal

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Petrol

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Per Litre

Diesel Price in Bhopal Today (Apr 20 2024)

Diesel price in Bhopal ...

Earlier, the Diesel cost in Bhopal used to change at regular intervals. Diesel price in Bhopal today is ... as on Apr 20 2024 Presently, from June 15, 2017, Diesel changes everyday morning at 6 AM. The oil organisations in India finish this change. It is advised if you fill Diesel, it is smarter to check the Diesel’s cost before filling because the cost will be changing each day. 

As the prices will be changed promptly at 6 AM, it is advised to check the rates promptly in the morning before you go to your work. Generally, the pick or drop in the prices will be in not many paise. It won’t significantly affect the off chance you are filling in little quantities, as the prices will change consistently. Following up on the prices will explain that this is a low cost or a high cost in the long term. The adjustment in the prices is because of development in the international raw petroleum prices. Diesel prices in Bhopal will revitalise if raw petroleum prices in International Markets rally and the other way around.

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Last 7 days Diesel Rate in Bhopal

Date Diesel ( / litre)
8 March 2022 ₹ 90.86
7 March 2022 ₹ 90.86
6 March 2022 ₹ 90.86
5 March 2022 ₹ 90.86
4 March 2022 ₹ 90.86
3 March 2022 ₹ 90.86
2 March 2022 ₹ 90.86
1 March 2022 ₹ 90.86

Diesel Price City

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Diesel Price States

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Why are Diesel Prices Revised Daily?

Different components determine the prices of Petrol and Diesel. First, the expense of crude oil, second, the charges the Center and states forces. Likewise, a seller’s commission and VAT get added before it’s offered to the buyer. Petrol and Diesel are expensive, and basically, in light of the focal and State charges. Otherwise, it would be a lot less expensive. Charges on fills is a gigantic revenue generator for the government, and it’s an intense choice for the governments – Center and states – to reduce it to lessen fuel prices. 

Concerning the simple change in fuel prices, this is a direct result of a dynamic evaluating framework reflecting fluctuations in the worldwide oil market. Earlier petrol prices were modified each fortnight, implying that dissimilar to now, the prices changed on the first and sixteenth of consistently.

How to Check Daily Diesel Prices in Bhopal?

With the advanced estimating framework set up, petrol costs are nearly pretty much, not quite the same as those past insights. The off chance that we address the present petrol cost in a city concocts an exact composition. OMC has thought of a few potential ways of confirming the cost of petrol every day. 

Mobile apps 

Oils organisations disclose their corresponding mobile apps for regular checking of the petrol prices. IOC has, as of late, dispatched the Fuel@IOC application. BPCL consumers likewise utilise the SmartDrive application. 

Through SMS 

To check the petrol pace of Bhopal through SMS, follow the beneath subtleties: 

  • IOC: SMS RSP seller code and send it to 9224992249 
  • HPCL: SMS PRICE seller code and send it to 9222201122 
  • BPCL: SMS RSP seller code and send it to 9223112222 

Through website: 

Fuel consumers can undoubtedly visit the particular OMC website to guarantee the current cost of petrol in Hyderabad. Likewise, the customers can visit Dialabank to check the best and exact petrol cost of the relative multitude of urban areas, including Bhopal.

Factors which Influence the Diesel Price in Bhopal

Bhopal’s diesel cost has numerous components, as opposed to critical factors, for example, those of the cost of crude oil and the money conversion scale between Rupee-Dollar. Before the Diesel’s actual selling cost in a city, the oil firm incorporates different charges, such as freight charges, processing plant charges, oil company’s margin, section charge, etc. Be that as it may, the essential fuel expense incorporates seller commission, excise obligation demanded by the Union Government, and the VAT or nearby deals charged exacted by the particular State. Albeit different expenses stay stable generally, the critical crude oil value factors and the rupee-dollar conversion scale have the best impact on the country’s diesel prices. Let’s talk about why the cost of crude oil changes and what it means for India’s fuel cost. 

Allocation and Demand: Organization of Petroleum Exporting Countries (OPEC) is the primary provider of crude oil in the worldwide market and its nearby accomplices, influencing the market cost of crude oil to a broad reach. International patterns in the region impact the OPEC guidelines. Consequently, any pain on any of the OPEC part nations likewise shows an absence of crude oil supplies, which expands the cost of crude oil on the worldwide market. 

Natural disasters: Any contention or natural disasters likewise impacts the market cost of crude oil, as it might bring about a shortage or an ascent in oil demand. Political instability or clashes in oil-delivering or oil-devouring nations impact crude oil prices monstrously. 

Supply of crude oil: The biggest oil-creating and oil-devouring nations are amassing enormous crude oil reserves to keep up their economic dynamic on the off chance that crude oil prices rise. When oil prices are more vulnerable, they stock up and increment production all through the market to retain stable rates.

Is GST Applicable in Diesel? 

India moved to another taxation framework known as the Goods and Service Tax (GST), which was introduced on July 1, 2017. Diesel and petrol keep attracting the Center’s excise obligation, and the respective State’s neighbourhood deals duty or VAT. The all-out expense rate of excise obligation and VAT is around 45-half for petrol and 35-40% for Diesel. Under the GST, the most noteworthy assessment chunk is 28%, which is comparatively lower, impacting the revenue procured by both the Center and the State. The Center could lose up to Rs.20,000 crore as revenue from the country’s fuel offer, while the states need to keep their revenue to meet any possibility. 

Likewise, GST is an advertisement. Valorem charge is required as a rate on the ex-production line cost. This could prompt an unexpected jump in retail prices when refinery door rates are climbed because of the ascent in the worldwide crude oil prices, and the opposite is likewise a possibility.

Diesel Price Vs. Petrol Price in Bhopal

While the basic fuel expense is the equivalent of petrol and Diesel, different charges bring down the diesel rate. The expenses levied by the Center as excise obligation and the neighbourhood deals assessment or VAT charged by the respective State are a lot lower than charged on the offer of petrol, making diesel prices in Hyderabad cheaper than petrol prices.

The Trend of Diesel Price in Bhopal for February 2022

Parameters 

Rate/ Liters 

1st February 

₹ 84.28

25th February 

₹ 89.60

Highest Rate in February 

₹ 84.28

Lowest Rate in February 

₹ 89.60

Overall Performance 

Incline 

Percentage Change 

5.94 % 

 

  • Diesel cost in Bhopal remained at Rs.84.28 per litre on February 1 as prices kept on rising. 
  • Diesel shut the week at Rs.89.60 per litre. 
  • The general rate change was 5.94%.

 

The Trend of Diesel Price in Bhopal for January 2022

Parameters 

Rate/ Liters 

1st January

₹ 81.68

31st January 

₹ 84.48

Highest Rate in January 

₹ 84.48

Lowest Rate in January 

₹ 81.68

Overall Performance 

Incline 

Percentage Change 

3.31%

 

  • Diesel cost in Bhopal remained at Rs.81.68 per litre on January 1 as prices kept on rising. 
  • Diesel shut the week at Rs.84.48 per litre. 
  • The general rate change was 3.31 %.

The Trend of Diesel Price in Bhopal for December 2021

Parameters 

Rate/ Liters 

1st December 

₹ 80.14

7th December 

₹ 81.68

Highest Rate in December 

₹ 81.68

Lowest Rate in December

₹ 80.14

Overall Performance 

Incline 

Percentage Change 

1.89%

 

  • Diesel cost in Bhopal remained at Rs.80.14 per litre on December 1 as prices kept on rising. 
  • Diesel shut the week at Rs.81.68 per litre. 
  • The general rate change was 1.89%.

The Trend of Diesel Price in Bhopal for November 2021

Parameters 

Rate/ Liters 

1st November 

₹ 78.22

30th November

₹ 80.37

Highest Rate in November

₹ 80.37

Lowest Rate in November

₹ 78.22

Overall Performance 

Incline 

Percentage Change 

2.68%

 

  • Diesel cost in Bhopal remained at Rs. 80.37 per litre on November 1 as prices kept on rising. 
  • Diesel shut the week at Rs.78.22 per litre. 
  • The general rate change was 2.68%.

The Trend of Diesel Price in Bhopal for October 2021

Parameters 

Rate/ Liters 

1st October

₹ 78.03

31st October

₹ 78

Highest Rate in October

₹ 78.03

Lowest Rate in October

₹ 78

Overall Performance 

Falling

Percentage Change 

0.04%

 

  • Diesel cost in Bhopal remained at Rs.78.03 per litre on October 1 as prices kept on rising. 
  • Diesel shut the week at Rs.78 per litre. 
  • The general rate change was 0.04%.

The Trend of Diesel Price in Bhopal for September 2021

Parameters 

Rate/ Liters 

1st September 

₹ 81.26

30th September 

₹ 78.26

Highest Rate in September 

₹ 81.26

Lowest Rate in September 

₹ 78.26

Overall Performance 

Falling  

Percentage Change 

3.83% 

 

  • Diesel cost in Bhopal remained at Rs.81.26 per litre on September 1 as prices kept on rising. 
  • Diesel shut the week at Rs.78.26 per litre. 
  • The general rate change was 3.83%.

The Trend of Diesel Price in Bhopal for August 2021

Parameters 

Rate/ Liters 

1st August 

₹ 81.14

31st August 

₹ 81.20

Highest Rate in August 

₹ 81.20

Lowest Rate in August 

₹ 81.14

Overall Performance 

Incline

Percentage Change 

0.07%

 

  • Diesel cost in Bhopal remained at Rs.81.14 per litre on August 1 as prices kept on rising. 
  • Diesel shut the week at Rs.81.20 per litre. 
  • The general rate change was 0.07%.

Diesel cost in Bhopal FAQs 

Is it genuine that oil organisations update the paces of Diesel according to the dynamic estimating scheme? 

Indeed, oil organisations update the rates according to the dynamic estimating scheme. 

On what components is the cost of Diesel in Bhopal reliant? 

Diesel’s cost is subject to international oil rates and the rupee’s estimation against the US dollar. 

When did Oil Marketing Companies (OMCs) receive the dynamic evaluating scheme? 

OMCs adopted the scheme in the long stretch of June 2017. 

Which are the state-run oil organisations that operate in Bhopal?

Indian Oil Corporation Limited (IOCL), Bharat Petroleum Corporation Limited (BPCL), and Hindustan Petroleum Corporation Limited (HPCL) are state-run oil organisations that operate in Delhi. 

How was the public exhibition of Diesel in Bhopal? 

The general presentation of Diesel was a declining one in the metropolitan city.

News

Petroleum, Diesel Prices Unchanged For The Third Straight Day 

Fuel costs in India were unchanged for the third straight day on Friday by state-claimed oil promoting companies. Petroleum costs per litre remained at Rs 90.93 in New Delhi, Rs 91.12 in Kolkata, Rs 97.34 in Mumbai, and Rs 92.97 in Chennai. Diesel costs per litre were unchanged at Rs 81.32 in New Delhi, Rs 84.20 in Kolkata, Rs 88.44 in Mumbai, and Rs 86.37 in Chennai. 

These rates are updated consistently by oil-promoting companies according to changes in the worldwide costs and the rupee’s swapping scale. Nonetheless, the distinction in retail costs of fuel across states is because of the neighbourhood, state, and central government charges on petroleum and diesel. A huge percentage that is up to 60%, of the retail cost on petroleum or diesel cost paid by consumers in the nation is only a type of central, state, or neighbourhood charge. Over the most recent fourteen days, five states, particularly West Bengal, Rajasthan, Nagaland, Assam, and Meghalaya, have stepped up to the plate of lessening the burden on consumers bringing down state-related duties on fuel. In any case, the central government is yet to announce a slice in obligations to give relief from record-exorbitant costs.

Visit Dailabank’s Website for more such updates.

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