Today petrol price in major Indian cities 16-9-2021
Central Government change his policy revised petrol prices every fortnight to revised daily basis in India. This policy create uncertainities in the market a customer visit to petrol pump see new price every day. Why this change every day they said because of USD rate change every day. This practice started with effect from 15 June 2017.
In India major companies of petrol provider are Bharat Petroleum, India Oil and Hindustan . India many people say it today petrol price,today petrol rate,petrol rate,petrol price,pertrol
Many Factor affecting today petrol price
Demand: India is a major consumer of Oil because of number of vehicle and higher people . India is developing countries in the world due to economic growth of India demand is higher.
Cost of Crude oil: International market also change crude oil price time to time.
Tax Rates: There is huge amount of Tax include in Oil price. Central Government and respective state Government impose tax on oil price.
Rupee to Dollar Exchange Rate: USD exchange rate also major factor which influence the price of petrol in India because Indian oil companies pay in USD to a oil company from imported oil.
Today Petrol Price