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Petrol Price in Rajasthan (24th April 2024)

Today's petrol price in Rajasthan (Jaipur) is at ₹104.88 per litre, reflecting a slight increase compared to yesterday's rate of ₹104.85. Over the past 10 days, fluctuations have been observed, with prices ranging between ₹104.88 and ₹104.88. You can also view today's petrol prices in all states and districts of India and compare them with the rates from the previous day, which already include state taxes.

Rajasthan is the largest state in the country in terms of area. It is located in the northwestern part of India. The state was formed on March 30, 1947, after the merger of Rajputana into the Dominion of India. The state also has a crude oil extraction unit in Barmer region which is capable of extracting 175000 barrel of crude oil on a daily basis. The state is developing at a fast pace over the last few years and to help with the further growth and development, fuel is essential. The state had recorded a total number of motor vehicles at 3.83 million during 2004 and by 2016 it has surged up to 13.63 million.

City Today Price Yesterday Price
Ajmer ₹ 104.48 ₹ 104.69
Alwar ₹ 105.85 ₹ 105.52
Banswara ₹ 106.29 ₹ 106.29
Baran ₹ 104.89 ₹ 105.29
Barmer ₹ 106.37 ₹ 106.37
Bharatpur ₹ 104.37 ₹ 104.76
Bhilwara ₹ 105.37 ₹ 105.07
Bikaner ₹ 106.37 ₹ 106.37
Bundi ₹ 104.80 ₹ 104.42
Chittaurgarh ₹ 104.51 ₹ 104.83
Churu ₹ 106.27 ₹ 106.27
Dausa ₹ 105.63 ₹ 105.52
Dhaulpur ₹ 105.10 ₹ 105.23
Dungarpur ₹ 106.03 ₹ 106.29
Ganganagar ₹ 106.26 ₹ 106.26
Hanumangarh ₹ 106.27 ₹ 106.27
Jaipur ₹ 104.88 ₹ 104.85
Jaisalmer ₹ 106.37 ₹ 106.37
Jalor ₹ 106.04 ₹ 106.04
Jhalawar ₹ 105.44 ₹ 106.09
Jhunjhunun ₹ 106.27 ₹ 106.27
Jodhpur ₹ 104.70 ₹ 104.59
Karauli ₹ 105.91 ₹ 105.68
Kota ₹ 104.42 ₹ 104.42
Nagaur ₹ 105.82 ₹ 105.43
Pali ₹ 105.46 ₹ 105.71
Pratapgarh ₹ 104.94 ₹ 105.41
Rajsamand ₹ 105.25 ₹ 105.57
Sawaimadhopur ₹ 106.10 ₹ 106.15
Sikar ₹ 105.07 ₹ 105.93
Sirohi ₹ 106.29 ₹ 106.37
Tonk ₹ 105.37 ₹ 105.42
Udaipur ₹ 106.29 ₹ 105.32

What are the main factors that affect petrol prices in Rajasthan?

The following are the main factors which affect petrol prices in Rajasthan:

Demand and Supply of Fuel – The vehicles in India mostly depends on petrol. The regular and continuous supply of fuel in the country keeps the demand and supply in equilibrium. If the transportation for the supply of petrol from one place to another place cannot support the flow of supplies, then the prices of petrol shoot up.

Cost of Crude oil globally – The cost of the crude oil in the global market is another important factor which determines the petrol price in the country as well as its different states. The low output of crude, high demand in the international market added with political tension will majorly impact the crude oil prices in the global market.

Tax Rates – The tax rates are usually implemented on the fuel in India by the respective state government. Whenever the government of the country hikes the tax rates on fuel, the state-run oil marketing companies also increase the prices of petrol mainly to recover the loss and the maintain the marginal profits.

Rupee – Dollar Exchange Rate – The value of rupee against the dollar is also an important factor which determines the prices of the crude oil in Rajasthan. Crude oil is priced in dollars and a strong dollar will make it expensive for the holders of other countries currencies. Apart from this the weak rupee in the global market will also make the dollar-priced crude oil costlier.

Latest Updates on Petrol Price in Rajasthan

Petrol Prices Firm in Jaipur

The petrol prices are firm in Jaipur despite a marginal fall in the global crude rates. The petrol rates in Jaipur traded at Rs 108.44 per litre.

In the global scenario, Brent stood at $85.62 per barrel, down by 0.89% and West Texas Intermediate (WTI) at $78.89 per barrel, down by 1.04%.

The crude prices which were witnessing positive growth last week kickstarted the week with a marginal drop in the rates. The drop in fuel demand has added concerns to the existing issues, which the oil markets are currently facing.

An analyst from OANDA notes that the crude prices are softening as energy traders are forecasting a potentially weak fuel demand in the coming days and this might force the Fed to tighten the policy stance much more aggressively.

The resumption of Azerbaijani oil exports at Turkey’s Ceyhan amidst the devastating earthquake which completely shook Turkey has relieved supply concerns.

Turkey and Syria witnessed strong earthquakes last week, leading to the damage of oil terminals. Ceyhan, Turkey’s city is the storage and loading point for pipelines which carry oil from Azerbaijan and Iraq.

Last week, Russia announced its plans to trim down crude production in retaliation against western curbs on its oil imports which were imposed in response to Moscow's invasion of Ukraine.

13 February 2023

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