Fuel prices have a significant impact on everyday expenses, and staying informed about the latest rates is crucial for planning daily expenditures. Whether it’s for transportation or household needs, knowing the current prices of petrol, diesel, and cooking gas can make a difference. Here’s a comprehensive update on fuel prices as of October 26, 2024, for Kolkata, along with a comparison of rates in Delhi, Mumbai, Chennai, and Bengaluru.
Petrol and Diesel Prices in Kolkata on October 26, 2024
As of today, petrol in Kolkata is priced at ₹104.95 per liter, while diesel costs ₹91.76 per liter. There has been no fluctuation in prices compared to the previous day, as both petrol and diesel rates have remained stable.
- Petrol: ₹104.95 per liter (change: 0.00%)
- Diesel: ₹91.76 per liter (change: 0.00%)
Cooking Gas Price (14.2 kg Cylinder)
For households in Kolkata, the cost of a 14.2 kg LPG (Liquefied Petroleum Gas) cylinder is ₹829. This price has also remained steady over the past week.
Weekly Price Trend in Kolkata (October 18 – October 25, 2024)
In Kolkata, fuel prices have remained unchanged for the past week. Here’s a daily breakdown of prices for petrol, diesel, and LPG for this period:
| Date | Petrol (₹/Liter) | Diesel (₹/Liter) | Cooking Gas (₹/14.2 kg) |
|---|---|---|---|
| October 25 | 104.95 | 91.76 | 829 |
| October 24 | 104.95 | 91.76 | 829 |
| October 23 | 104.95 | 91.76 | 829 |
| October 22 | 104.95 | 91.76 | 829 |
| October 21 | 104.95 | 91.76 | 829 |
| October 20 | 104.95 | 91.76 | 829 |
| October 19 | 104.95 | 91.76 | 829 |
| October 18 | 104.95 | 91.76 | 829 |
This consistency in fuel prices in Kolkata indicates that no major market or policy shifts have affected fuel costs in the past week.
Fuel Prices Across Major Indian Cities (October 26, 2024)
Fuel prices vary from one city to another due to differences in local taxes, transportation costs, and state policies. Here’s a quick look at the current petrol, diesel, and LPG rates in some of India’s major cities:
- Delhi: Petrol at ₹94.72, Diesel at ₹89.62, LPG at ₹802
- Mumbai: Petrol at ₹103.44, Diesel at ₹89.97, LPG at ₹802.50
- Chennai: Petrol at ₹100.85, Diesel at ₹92.43, LPG at ₹805.50
- Bengaluru: Petrol at ₹110.18, Diesel at ₹88.94, LPG at ₹818.50
Factors Influencing Fuel Prices
Fuel prices are affected by both international and domestic factors. Here are a few reasons why prices fluctuate:
- Global Crude Oil Prices: The primary factor affecting fuel rates is the price of crude oil in the international market. Any significant increase or decrease in global oil prices directly impacts local fuel prices in India.
- Currency Exchange Rate: Since crude oil is traded internationally in US dollars, fluctuations in the INR-USD exchange rate also impact fuel costs.
- Taxes and Levies: Both central and state governments impose various taxes on fuel, and differences in these levies lead to price variations across cities.
- Transportation Costs: Transportation expenses for distributing fuel to different regions also affect final retail prices.
- International Demand and Supply Dynamics: Events like geopolitical tensions, economic sanctions, and natural disasters can impact crude oil supplies, resulting in price volatility.
Why Monitor Fuel Prices?
Monitoring fuel prices is essential for both businesses and consumers. For businesses, it can influence logistics and distribution costs, while for consumers, it affects daily commuting expenses and household budgets. Even slight variations in fuel prices can significantly impact the cost of living, particularly for those who depend on private transportation or use cooking gas cylinders regularly.
The Impact of Stable Prices in Kolkata
With stable fuel prices in Kolkata over the past week, consumers may find it easier to budget for their expenses. However, staying updated is always recommended since fuel prices can fluctuate due to sudden changes in the international market or local policies.
In comparison, cities like Bengaluru currently have higher petrol rates, which may affect the daily commute costs more significantly than in Kolkata. Understanding these variations helps individuals make more informed choices regarding transportation and fuel usage.