Petrol Prices: Where is Fuel Cheapest and Most Expensive?

Petrol prices in the country range from ₹88.66 to ₹117.15. Most expensive in Telangana and cheapest in Andaman.

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HIGHLIGHTS

Petrol is most expensive in Telangana at ₹117.15 per litre.
The cheapest petrol is in Andaman and Nicobar at ₹88.66 per litre.
The main reason for the price difference is central and state taxes.
Experts have warned of rising inflation due to expensive fuel.

Petrol Prices: Where is Fuel Cheapest and Most Expensive?

New Delhi | Petrol and diesel prices are soaring in India, but did you know there's a huge difference in their rates across different parts of the country? While petrol is over ₹117 per litre in some places, it is available for less than ₹100 in others.

Huge Difference in Petrol Prices Across the Country

Petrol and diesel prices are not uniform throughout the country. The biggest reasons for this are international crude oil prices, transportation costs, and most importantly, taxes imposed by the central and state governments.

Each state imposes its own tax, called VAT. This is why petrol and diesel rates vary from state to state. Let's find out where the most expensive and cheapest petrol is available in India.

Where is Petrol Most Expensive?

According to current data, Telangana is the state selling the most expensive petrol in the country. Here, the price of petrol has reached up to ₹117.15 per litre.

Andhra Pradesh follows, where petrol is ₹117.09 per litre. Madhya Pradesh (₹115.61), Bihar (₹115.06), and Kerala (₹114.48) are also on the list of states with the most expensive petrol.

Cheapest Petrol in These States

Speaking of the cheapest petrol, it is available in the Union Territory of Andaman and Nicobar Islands. Here, the price of petrol is just ₹88.66 per litre.

Among states, Arunachal Pradesh has the lowest rate, where petrol is available at ₹99.69 per litre. It is followed by Himachal Pradesh, Chandigarh, and Uttar Pradesh.

Diesel Prices Also Sky-High

Like petrol, Telangana leads in diesel prices as well. Here, the price of diesel is ₹105.30 per litre. After this, diesel is most expensive in Andhra Pradesh and Kerala.

Meanwhile, the cheapest diesel is in Andaman and Nicobar at ₹84.56 per litre. Among states, the lowest priced diesel is available in Arunachal Pradesh.

Who Decides the Prices?

In the country, petrol and diesel prices are determined by public sector oil companies like Indian Oil, Bharat Petroleum, and Hindustan Petroleum. Since June 2017, new rates are issued every day at 6 AM.

Experts believe that the recent hike in petrol and diesel prices could lead to increased inflation in the coming times. Expensive petrol and diesel increase transportation and manufacturing costs.

The increase in fuel prices directly impacts the common person's pocket. It not only makes travel more expensive but also increases the prices of food items and daily consumer goods due to higher freight costs, raising the risk of inflation.