Petrol Price in Maharashtra

 

109.96

Diesel
91.42Per Litre

Petrol Price in Maharashtra: Jan 17 2022

The Petrol Price in Maharashtra is

Rs. 110.19/Litre

Petrol Price in Maharashtra- Last 10 Days Data

Date Petrol ( / litre)
13 Nov 2021 ₹ 109.96
12 Nov 2021 ₹ 109.96
11 Nov 2021 ₹ 109.96
10 Nov 2021 ₹ 109.96
09 Nov 2021 ₹ 109.96
08 Nov 2021 ₹ 109.96
07 Nov 2021 ₹ 109.96
06 Nov 2021 ₹ 109.96
05 Nov 2021 ₹ 109.96
04 Nov 2021 ₹ 109.96

Petrol Price in Major Cities of the State

City Petrol Price
Ahmednagar 109.54
Akola 109.72
Alibag 110.13
Amravati 111.54
Aurangabad 111.66
Beed 111.09
Bhandara 110.36
Buldhana 111.76
Chandrapur 109.78
Dhule 109.67
Gadchiroli 110.6
Gondia 111.37
Hingoli 111
Jalgaon 111.29
Jalna 111.47
Kolhapur 110.17
Latur 111.06
Mumbai 109.96
Nagpur 109.68
Nanded 112.39
Nandurbar 110.66
Nashik 110.39
Osmanabad 110.33
Parbhani 113.11
Pune 109.5
Ratnagiri 112.2
Sangli 109.69
Satara 110.59
Solapur 109.8
Thane 110.06
Wardha 110.4
Washim 110.52

State-wise Petrol Prices

Petrol Prices in Major Cities

Petrol Rate in Maharashtra 

  • The current Petrol Price in Maharashtra is Rs.99.25 per litre.
  • Today’s Petrol price in Maharashtra is Rs.99.25 litre.

Trend of Petrol Price in Maharashtra for February 2021 (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 2021 (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.

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.

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