Petrol Diesel Rate 8 Oct: The month of October is full of festivals. Only a few days are left for the big festivals, Diwali and Chhath; in such a situation, there is good news for the common people. Every day items are getting cheaper. At the same time, the rates of petrol and diesel are also changing. At 6 am, the country’s oil marketing companies (OMCs) release the latest prices, which are based on the prices of crude oil in the international market and the fluctuations in the dollar-rupee exchange rate. These changes affect the daily life of every person.
The day begins not just with sunlight but also with the new rates of petrol and diesel, which directly impact the pockets of the common man.
Petrol Diesel Rate 8 Oct
Petrol and diesel prices fluctuate daily. This government system promotes transparency, ensuring accurate and clear information reaches consumers and eliminating any misunderstandings. The government releases new rates daily, ensuring you and I know the current price before purchasing petrol and diesel.
CNG Rate Today: CNG Rate in Major Cities
Changes have also been recorded in CNG rates. Rates continue to fluctuate in many cities. Let’s find out today’s latest prices.
Petrol and Diesel Rates: How are fuel prices decided?
Fuel prices depend on international crude oil prices, taxes, the dollar-rupee exchange rate, transportation costs, refining costs, and government policies. The balance of supply and demand also plays a key role in pricing. It’s worth noting that since May 2022, the central Modi government and several state governments have reduced taxes, resulting in stable fuel prices.
Read More: Petrol Diesel Rate 6 Oct: Know today’s price in major cities
