Petrol Price in Banas Kantha (Gujarat)

Date
04 Jun 2023
Price
₹ 96.81 Per Litre
Increase
₹ 0.00

Currently, the Petrol price in Banas Kantha (Gujarat) is Rs. 96.81 per litre. In June of 2023, there was an increase of 0.00 rupees in the Petrol price in Banas Kantha, which was the last time it had changed. Additionally, we would like to provide you with the most recent Petrol price changes in Banas Kantha city for your reference. It is important to note that the Petrol price is inclusive of Gujarat state taxes.

Last 10 days Petrol Price History in Banas Kantha

Last 4 months Petrol Price History in Banas Kantha

Highest price in June 96.81 on June 02
Lowest price in June 96.81 on June 02
Thursday, June 1, 2023 96.81
Friday, June 2, 2023 96.81
Overall Price difference 0.00
Highest price in May 96.81 on May 31
Lowest price in May 96.81 on May 31
Monday, May 1, 2023 96.81
Wednesday, May 31, 2023 96.81
Overall Price difference 0.00
Highest price in April 96.81 on April 30
Lowest price in April 96.81 on April 30
Saturday, April 1, 2023 96.81
Sunday, April 30, 2023 96.81
Overall Price difference 0.00
Highest price in March 96.81 on March 31
Lowest price in March 96.81 on March 31
Wednesday, March 1, 2023 96.81
Friday, March 31, 2023 96.81
Overall Price difference 0.00
Highest price in February 96.81 on February 28
Lowest price in February 96.81 on February 28
Wednesday, February 1, 2023 96.81
Tuesday, February 28, 2023 96.81
Overall Price difference 0.00
Highest price in January 96.81 on January 31
Lowest price in January 96.81 on January 31
Wednesday, January 4, 2023 96.81
Tuesday, January 31, 2023 96.81
Overall Price difference 0.00

Why Does Petrol Prices Change Every Day?


The petrol prices in Banas Kantha change every day because of the dynamic nature of the crude oil market. The crude oil prices are determined by the international markets and they fluctuate on a daily basis. The petrol prices in Banas Kantha are revised at 6 am every day based on the previous day's closing price of Brent crude oil.

The main reason behind the changing petrol prices is the constantly changing crude oil prices. The crude oil is bought and sold in international markets and the prices are determined by the demand and supply conditions in those markets. The Organisation of Petroleum Exporting Countries (OPEC) is one of the major players in setting the crude oil prices. OPEC sets the production quotas for its member countries and this has a direct impact on the crude oil prices.

The Indian government does not have any control over the crude oil prices as it is a deregulated item. However, it does control the excise duty and VAT rates on petrol and these taxes make up for a major portion of the retail price of petrol. The government has been trying to bring down these taxes to provide some relief to consumers from high petrol prices.

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FAQ?

What is current Petrol Price in Banas Kantha?

current Petrol Price in Banas Kantha is ₹ 96.81 Per Litre

How much Petrol Price increased in Banas Kantha?

Today increased Petrol Price in Banas Kantha is ₹ 0.00 Per Litre

Conclusion


As of today, the petrol price in Banas Kantha is ₹ 96.81 per litre. This is a slight increase from yesterday's price of ₹ 0.00 per litre, but it is still significantly lower than the prices we saw a few weeks ago. We hope that this trend continues and that petrol prices continue to stay low in Banas Kantha so that we can save money on our commute.

Thank you for reading! We hope that this article was helpful in answering your question.