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Diesel Price in Jaipur (19th March 2024)

Today's diesel price in Jaipur is at Rs. 90.36 per litre, reflecting a slight decrease compared to yesterday's rate of Rs. 91.10. Over the past 10 days, fluctuations have been observed, with prices ranging between Rs. 93.72 and Rs. 90.36. You can also view today's diesel prices in other districts of Rajasthan and compare them with the rates from the previous day, which already include state taxes.

Mar 19, 2024
₹ 90.36 ( ₹ -0.74 )

Last 10 Days Diesel Rate in Jaipur

Date Price Price Change
Mar 18, 2024 ₹ 91.10 0.74
Mar 17, 2024 ₹ 90.36 0.00
Mar 16, 2024 ₹ 90.36 0.00
Mar 15, 2024 ₹ 90.36 -3.68
Mar 14, 2024 ₹ 94.04 0.35
Mar 13, 2024 ₹ 93.69 -0.03
Mar 12, 2024 ₹ 93.72 0.00
Mar 11, 2024 ₹ 93.72 0.00
Mar 10, 2024 ₹ 93.72 0.00
Mar 9, 2024 ₹ 93.72 -0.32

Daily & Monthly Diesel Price in Jaipur : Graphical Representation

Historical Diesel Price in Jaipur

  • Diesel Rate in Jaipur, March 2024
  • Diesel Price
    1st March ₹ 93.72
    19th March ₹ 90.36
    Highest rate in March ₹ 94.04 ( March 8th )
    Lowest Rate in March ₹ 90.36 ( March 15th )
    Over all performance Falling
    % Change -3.59%
  • Diesel Rate in Jaipur, February 2024
  • Diesel Rate in Jaipur, January 2024
  • Diesel Rate in Jaipur, December 2023
  • Diesel Rate in Jaipur, November 2023
  • Diesel Rate in Jaipur, October 2023
  • Diesel Rate in Jaipur, September 2023

The diesel price of Jaipur is updated every two weeks previously. But from June 2017, the price is updated every day morning at 6 AM. The transformation has been introduced by the oil firms of India. Before filling, it's wise to research the Diesel price if you're going to fill up Diesel because the rate will shift every day. By visiting the Goodreturns.in every day, you can keep in touch with the current diesel rates on a daily basis. Apart from Jaipur, Goodreturns has also covered the latest price of both petrol and diesel for all the cities of the country. Considering that the rates will be changed early in the morning at 6 a.m., it is advised that you check the prices early morning before going to the office or filling your vehicle. Usually, the price drop or rise is just a statistic so it is advised that you review the regular diesel prices as it will help you preserve your capital. If you fill in low amounts, it would not have a significant effect since the prices would be changed on a daily basis, following the pricing will give you a feeling that in the near future this would be a reasonable price or a high cost. The price spike is due to the rise in international crude oil prices. Jaipur 's diesel prices will increase if the price of crude oil in foreign markets increased, and conversely. 

The capital city of Rajasthan is Jaipur. In all respects the city has seen enormous GDP growth, including industrial productions. Stable diesel delivery is vitally important. Otherwise, it would adversely affect economic operations. The oil firms in India have a significant role to play in ensuring that diesel, petrol and even petroleum commodities are delivered regularly. Unlike petrol, Diesel can be used for many purposes.

The modification in diesel price conducted by considering a number of factors which includes changes in exchange rates value and the cost of crude oil. In order to change fuel prices, Indian fuel retailers have been obligated to consider the dynamic fuel pricing strategy. This method is called dynamic fuel pricing system. This mechanism was implemented on June 2017 across India. This mechanism of regular modification of fuel prices has been beneficial since the launch for oil marketing companies, dealers, diesel consumers, the state government and the central government respectively. To trace the correct diesel rate of Jaipur is a challenging role.  The use of smartphone applications developed by Indian Oil Company, Bharat Petroleum Company and Hindustan Petroleum Company is recommended to fuel consumers from the city of Jaipur to track the latest diesel rate of the city. Bharat Petroleum provides SmartDrive whereas Hindustan Petroleum provides My HPCL. Indian Oil is provided by Fuel@IOC. In order to access the current fuel prices in Jaipur, fuel consumers can also consider SMS services and the official website of those companies. 

Introduction of Dynamic Fuel Pricing

In order to change fuel prices, Indian fuel retailers have been allowed to follow the dynamic fuel pricing approach. This system is known as the dynamic fuel pricing system in India. After conducting a 40-day trial in 4 cities, India launched it in the month of June 2017. Based on global crude oil cost fluctuations under dynamic fuel pricing, diesel prices in Jaipur will therefore adjust regularly. It is a completely updated version of the previous approach of fuel revision. Oil selling firms, dealers, diesel consumers, the state government and the central government are beneficial by following the Dynamic Fuel Pricing mechanism. 

Benefits of dynamic fuel pricing

  • Dynamic fuel pricing will balance diesel consumers with the fluctuations of the overseas market.

    Hence, it is possible to reduce speculative market components.

  • In India, the fuel retailing industry can be compatible with foreign markets. The current initiative decreases the effect of cash flow on fuel firms.
  • In the fuel retail sector, the daily modification system encourages the contribution of private companies. And hence, in the fuel retailing market, best practises can be introduced.
  • It also reduces the political tensions on fuel pricing, bringing 100% flexibility to the Jaipur diesel price modification.
  • In some developed countries, such as Japan, Australia and the United States of America, the regular revision method is practically an international standard.
  • There are some countries where in a single day the gasoline prices can differ twice or thrice.    

What Are The Factors Influencing The Diesel Rates in Jaipur?

In India, diesel prices are dynamic in nature and are regularly modified. As the cost of global fuel oil varies, diesel prices are changed on a daily basis in accordance with the price of global oil. Excluding the price of fuel oil, the currency exchange rate, tax rates and operational costs primarily influence the cost of diesel. To understand how diesel rates are influenced by different factors go through the below listed aspects. 

US Dollar Exchange Rate: Crude oil trade on the global market occurs in US dollars, so any variation in the exchange rate of the currency tends to affect the selling price of crude oil. If the US price hikes, the cost of producing crude oil rises, and conversely. If the Indian Rupee is weaker than the US dollar, the cost of importing oil rises when oil companies import a barrel of crude oil, thus increasing the cost of diesel in the Jaipur city. 

Price of crude oil- More than 70% of its crude oil is purchased by India from oil-producing nations.

India's major imported commodity is fuel, which makes it an expensive commodity, is crude oil. Thus, any change in the price of crude oil affects the price of diesel in the region. Owing to demand and supply trends, political disputes, supply improvements or declines, refining or unrefined changes in oil markets. Any drop in demand or shortage in supplies results in a rise in the cost of crude oil, resulting in an increase in the price of diesel fuel in the area. 

OMCs’ Profit Margin & Dealer Commission- Oil companies import crude oil from oil-producing countries, extract it to diesel and sell it to all fuel stations around the country. These organizations add their gross margins and other operational charges in the RSP (retail selling price) of diesel. They also add revenue to the final selling price of diesel from the nation to dealers or the operator of the filling station. Any modification to these rates will result in adjustments in diesel prices in Jaipur

Taxation- The main section of the diesel pricing mechanism is the taxes levied by the Central and the State. Throughout the nation, the excise duty and the sales tax or value added tax levied by the state government are similar. Any modification of the tax rates would, however, lead to a shift in the cost of diesel. 

What are the other components influencing the diesel price of Jaipur?

In Jaipur, diesel rates are compiled of many essential elements, aside from the oil price and the rupee-dollar exchange value. During the refining phase prior to landing on the regular fuel bill, factors such as entry duty, freight costs, refinery costs, oil company's margin and transportation charges are determined. The basic fuel rate will consequently be added to the commission of the petrol pump's operator, the excise duty levied by the Centre and the local tax or VAT of the relevant State.

The global crude oil price and the rupee-dollar exchange rate are volatile because most of the elements compensated are not volatile. Therefore, the major reason why diesel prices in India vary is because of these two factors. Let's examine the factors behind international demand for the price of crude oil.

Demand and supply of crude oil- The Organisation of Petroleum Exporting Countries (OPEC) and its large partners have become the world's leading producers of crude oil and have had a major effect on oil prices. The strategies of OPEC are guided mainly by international developments. Therefore, any burden on all OPEC members often contributes to a decline in oil production and a consequent drop in crude prices. 

Future supply of crude oil- The leading oil-producing and oil-consuming countries are stockpiling large quantities of crude oil to maintain a stable economy in the event of an increase in oil prices. These countries usually stock up when prices are lower, and production is spread across the economy to keep prices steady.

Geopolitical tensions- A increase in the price of crude oil is correlated with global events and fluctuations. In some of the oil-producing countries, conflicts could inevitably tie up supplies and thus raise oil prices. Any event, such as environmental threats or any global uncertainty, also impacts the price of oil. 

How to Find the Daily Diesel Price in Jaipur?

Diesel prices fluctuate on a daily basis. While diesel prices in automated fuel stations change automatically, changes in non-automated fuel stations must be made manually. Consumers can keep track of updated prices by using the following methods:

  • Mobile Application: Apps for checking fuel prices are available from state-owned oil manufacturing companies (OMCs). People can use these apps to get daily updates on the prices of diesel and gasoline in all cities across India.
  • SMS Service: Customers can send text messages to the OMC's mobile number in the format specified, along with the dealer code. At gas stations, the dealer code is usually displayed. Otherwise, the consumer can obtain it from the OMC's website or by inquiring at the appropriate fuel station.
  • Website: Customers can also obtain the most recent diesel prices from the official websites of the respective OMCs. 

Why is Dynamic Fuel Pricing Used?

  • Dynamic fuel pricing will align diesel users with the dynamics of the global market. Market speculative elements can be reduced.
  • The Indian fuel retailing sector may be aligned with international markets. The new system lessens the impact of working capital on fuel companies.
  • Privately held companies in the fuel retailing sector contribute to the daily revision system. As a result, best practices in the fuel retailing sector may be implemented.
  • It also reduces political pressure on fuel pricing, resulting in complete transparency in the revision of the diesel price in Jaipur.
  • The daily revision system is essentially an international practise that is followed in a number of advanced markets, including Japan, Australia, and the United States of America.
  • In a few countries, fuel prices can change twice or three times in a single day.

Factors Influencing The Diesel Rates in Jaipur

Diesel prices in India are volatile and are updated on a daily basis. Because the price of global crude oil fluctuates, diesel rates are adjusted on a regular basis to reflect the international oil price. Aside from the price of fuel oil, the currency exchange rate, taxation, and operating expenses all have a significant impact on diesel prices. Let's look at each of these factors in turn to see how they affect diesel prices.

Exchange rate for US dollars- Because crude oil is traded in the international market in US dollars, any difference in the dollar's exchange rate appears to affect the retail price of crude oil.

If the price of crude oil in the United States rises, so will the cost of importing it. When the Indian Rupee falls below the value of the US dollar, the cost of purchasing crude oil rises, raising the price of diesel in jaipur.

Crude oil prices- India buys more than 70% of its crude oil from oil-producing countries. Crude oil is India's primary imported fuel, making it a costly product. As a result, changes in the price of crude oil affect the country's diesel price. Crude or unrefined oil market adjustments caused by demand and supply patterns, economic tensions, and production increases or decreases. Any decrease in demand or shortfall in supply raises the cost of crude oil, which in turn raises the price of diesel in the region.

Profit Margin & Dealer Commission- Oil companies supply crude oil from oil-producing countries, convert it to diesel, and distribute it across the country to all fuel stations. The retail selling price of diesel is used in these companies' gross margins and other operational charges. They also add profit to the country's final diesel selling price to distributors or petrol station operators. Any changes to these charges would cause fluctuations in the price of diesel in jaipur.

Taxation- The majority of the diesel price system is made up of federal and state taxes. The excise duty and the state government's sales tax or value added tax are the same across the country. As a result, any change in tax rates would result in a change in the cost of diesel.

What Effect Does Dynamic Fuel Pricing Have on Diesel Prices in Jaipur?

Dynamic fuel pricing refers to the process of daily revising fuel prices based on the currency exchange rate of the Indian Rupee against the US Dollar and crude oil prices in international markets.

Because dynamic fuel pricing is used throughout the country, including in Jaipur, the next step for this system would be to bring diesel rates into the open. The following are some of the benefits of creating a transparency methodology:

  • The government will have no say over oil and marketing firms.
  • Customers can easily monitor changes in crude oil prices as well as the USD-INR exchange rate.
  • Fuel station owners and operators can easily manage their finances and resources.

What Is the Importance of Diesel and Its Pricing Mechanism in Jaipur?


Diesel is a critical commodity for the Indian economy. It is used in manufacturing, logistics, and transportation. Given its high performance, dependability, and sustainability, it is a highly dependable fuel. It is in high demand in 94.61 due to rapid industrial growth, transportation needs, an increase in the number of personal vehicles, and so on. Every diesel consumer should understand the major components that influence diesel prices, how diesel prices are calculated, and the factors that influence diesel prices. This is especially true for those who use diesel in their business.

How frequently are Jaipur’s diesel prices revised?

Diesel prices in Jaipur, like the rest of the states, are revised daily. The daily revision of diesel prices was implemented in June 2017 to improve fuel pricing transparency in India.

The method, also known as dynamic fuel pricing, aligns the country's diesel prices with international crude prices and currency exchange rates. Because both components change on a daily basis, diesel pricing will be updated daily. The new pricing immediately passes on even minor changes in international crude prices and currency rates to the end customer.

The resulting price change will be within manageable currency limits, as opposed to the previous fortnightly revision, which used to shock customers with large price increases.

Since the implementation of dynamic fuel pricing, all petrol pumps in the state have been updating diesel prices by 6 a.m. every day. While automated fuel stations are centrally controlled and receive an automatic update of revised diesel prices, non-automated petrol pumps do it manually.

Customers can find the updated diesel prices on the oil companies' websites. They must send an SMS with the dealer code to a designated number in order to receive the petrol pump specific rate. Dealer codes are available at petrol pumps.

 

 

 

 

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