Petrol Price in Ranchi Today: Rs. 88.07 - Rs. 88.62

Last Update: Sat, 10 Apr 2021 07:18:02

Petrol & Diesel Price Today in Ranchi (Jharkhand)

Petrol Price Today: ₹88.07 * - ₹88.62 [per litre] (as per IOCL)

Diesel Price Today: ₹85.50 - ₹86.17 [per litre] (as per IOCL)

This Price is effective from 10-04-2021 (6 A.M.)

Total number of IOCL Petrol Pump in Ranchi is 63

Petrol Price Calculation Per Litre (Approx)

Basic Cost of Fuel after Refining, Freight Cost: Rs. 50.65/litre
Additional: Excise Duty + Road Cess as Charged by Central Government: Rs. 17.98/litre
Commission to Petrol Pump Dealers: Rs. 3.56/litre
Additional:VAT (Varies from State to State): Rs. 15.88/litre
Final Retail Price -(calculation): Rs. 88.07/litre *

Petrol & Diesel Prices (per litre) according to IOCL Petrol Pumps in Ranchi (Jharkhand)

Aditya Kisan Seva Kendra
Petrol Price: Rs. 88.36 | Diesel Price: Rs. 85.86

Akshat Fuels
Petrol Price: Rs. 88.07 | Diesel Price: Rs. 85.50

Akula Shoppe
Petrol Price: Rs. 88.07 | Diesel Price: Rs. 85.50

Arun Fuel Station
Petrol Price: Rs. 88.48 | Diesel Price: Rs. 86.00

Awishi Fuels
Petrol Price: Rs. 88.23 | Diesel Price: Rs. 85.70

Bhagat Petro Shoppe
Petrol Price: Rs. 88.07 | Diesel Price: Rs. 85.50

Bikram Motors And Fuel Station
Petrol Price: Rs. 88.07 | Diesel Price: Rs. 85.50

Binko Service Station
Petrol Price: Rs. 88.27 | Diesel Price: Rs. 85.75

Chandra Enterprises
Petrol Price: Rs. 88.33 | Diesel Price: Rs. 85.82

Coco Tamar
Petrol Price: Rs. 88.30 | Diesel Price: Rs. 85.78

Dads Petroleum
Petrol Price: Rs. 88.62 | Diesel Price: Rs. 86.17

Devadidev Automobile
Petrol Price: Rs. 88.33 | Diesel Price: Rs. 85.82

Dewan Kunjlal Kanhaiyalal
Petrol Price: Rs. 88.07 | Diesel Price: Rs. 85.50

Energy Zone
Petrol Price: Rs. 88.07 | Diesel Price: Rs. 85.50

Friends Automobiles
Petrol Price: Rs. 88.07 | Diesel Price: Rs. 85.50

Highway Automobiles( )
Petrol Price: Rs. 88.18 | Diesel Price: Rs. 85.64

Hiramani Fuels
Petrol Price: Rs. 88.29 | Diesel Price: Rs. 85.76

Indraprastha Petroleum
Petrol Price: Rs. 88.07 | Diesel Price: Rs. 85.50

Jagrani Fuels
Petrol Price: Rs. 88.09 | Diesel Price: Rs. 85.53

Kamal Automobiles
Petrol Price: Rs. 88.33 | Diesel Price: Rs. 85.82

Kamla Fuels
Petrol Price: Rs. 88.45 | Diesel Price: Rs. 85.96

Kankey Service Centre
Petrol Price: Rs. 88.07 | Diesel Price: Rs. 85.50

Kaushiki Shilpi Fuel Cente
Petrol Price: Rs. 88.20 | Diesel Price: Rs. 85.66

Khalari Fuels( )
Petrol Price: Rs. 88.62 | Diesel Price: Rs. 86.17

Khukri Service Station
Petrol Price: Rs. 88.07 | Diesel Price: Rs. 85.50

Maa Shakti Fuel Centre
Petrol Price: Rs. 88.07 | Diesel Price: Rs. 85.50

Madhav Fuels
Petrol Price: Rs. 88.14 | Diesel Price: Rs. 85.58

Madhuvan Vihar Fuel Centre
Petrol Price: Rs. 88.16 | Diesel Price: Rs. 85.61

Mahil Fuels
Petrol Price: Rs. 88.30 | Diesel Price: Rs. 85.78

Montrel Fuel Station
Petrol Price: Rs. 88.07 | Diesel Price: Rs. 85.50

Munna Fuels
Petrol Price: Rs. 88.27 | Diesel Price: Rs. 85.75

N B Petroleum
Petrol Price: Rs. 88.24 | Diesel Price: Rs. 85.71

Nagendra Fuel Centre
Petrol Price: Rs. 88.29 | Diesel Price: Rs. 85.76

Namkum Diesel Centre
Petrol Price: Rs. 88.07 | Diesel Price: Rs. 85.50

Nandi Fuels
Petrol Price: Rs. 88.07 | Diesel Price: Rs. 85.50

New Gumla Trader (mh)
Petrol Price: Rs. 88.07 | Diesel Price: Rs. 85.50

Nucleus Energy
Petrol Price: Rs. 88.07 | Diesel Price: Rs. 85.50

Om Sai Fuels
Petrol Price: Rs. 88.10 | Diesel Price: Rs. 85.54

Pancham Fuel Station
Petrol Price: Rs. 88.07 | Diesel Price: Rs. 85.50

Pankaj Filling Station
Petrol Price: Rs. 88.33 | Diesel Price: Rs. 85.82

Petro Power Point
Petrol Price: Rs. 88.14 | Diesel Price: Rs. 85.58

Pratima Fuels
Petrol Price: Rs. 88.20 | Diesel Price: Rs. 85.66

Purnapani Service Station
Petrol Price: Rs. 88.39 | Diesel Price: Rs. 85.89

Ragini Fuel Centre
Petrol Price: Rs. 88.28 | Diesel Price: Rs. 85.76

Rahul Dhara Filling Stn.
Petrol Price: Rs. 88.44 | Diesel Price: Rs. 85.95

Raj Fuels
Petrol Price: Rs. 88.22 | Diesel Price: Rs. 85.69

Rambilas Prasad And Son (mh)
Petrol Price: Rs. 88.07 | Diesel Price: Rs. 85.50

Rambilash Petroleum
Petrol Price: Rs. 88.20 | Diesel Price: Rs. 85.66

Sanjivini Filling Station( )
Petrol Price: Rs. 88.16 | Diesel Price: Rs. 85.62

Shakti Service Station
Petrol Price: Rs. 88.07 | Diesel Price: Rs. 85.50

Shambhavi Fuel Centre
Petrol Price: Rs. 88.07 | Diesel Price: Rs. 85.50

Shanti Service Station
Petrol Price: Rs. 88.27 | Diesel Price: Rs. 85.73

Shiv Shakti Petroleum
Petrol Price: Rs. 88.07 | Diesel Price: Rs. 85.50

Shree Bhawani Automobiles
Petrol Price: Rs. 88.07 | Diesel Price: Rs. 85.50

Shree Gopal Automobiles
Petrol Price: Rs. 88.07 | Diesel Price: Rs. 85.50

Shree Hari Fuels
Petrol Price: Rs. 88.07 | Diesel Price: Rs. 85.50

Shubham-shilpi
Petrol Price: Rs. 88.16 | Diesel Price: Rs. 85.61

Shyam Service Centre
Petrol Price: Rs. 88.07 | Diesel Price: Rs. 85.50

Subham Petrol Pump
Petrol Price: Rs. 88.45 | Diesel Price: Rs. 85.96

Tanveer Fueling Servicing Ce
Petrol Price: Rs. 88.07 | Diesel Price: Rs. 85.50

Vaishnavi Fuels
Petrol Price: Rs. 88.33 | Diesel Price: Rs. 85.82

Vivaan Fuel
Petrol Price: Rs. 88.23 | Diesel Price: Rs. 85.70

Xtra Service Point
Petrol Price: Rs. 88.07 | Diesel Price: Rs. 85.50

Breakup of Petrol Price

The Price of Petrol & Diesel affect almost every Indian directly or indirectly. Such is the importance of these two that any increase or decrease in their price is widely discussed. The prices change every fortnight based on the changes in the price of crude oil and changes in tax rate. While people at large follow pricing of these two commodities, they do not understand the structure of pricing, the components that add up to the final price.

Crude oil is the major raw material for petrol. At present, 75% of India's crude oil needs are met through imports. And thus, international prices of crude oil and foreign exchange rates are the base components in determining the price of petrol at home. Only 25% of India's crude oil requirement is maintained by private sector companies like Reliance Industries, Cairn India Ltd, and public sector counterparts like Oil India, Oil and Natural Gas Corporation (ONGC) among others in this sector.

Barrels of Crude Oil are imported from somewhere in the oil fields of the middle east. The price is calculated in dollars per Barrel. The price in Indian rupees is also dependent on the foreign exchange rates for that fortnight. [ 1 Barrel = 158.987 litre (approx) ].

The Crude Oil is transported to India. Ocean freight and transport charges are now applied to Crude Oil. This Crude oil is now refined to extract Petrol. The Crude Oil is now bought by several Oil Marketing Companies (like IOCL, BPCL, HPCL, Reliance Industries and Essar cater) and then refine Crude Oil to Petrol. Refinery Transfer Price (RTP) is paid by OMCs to Refineries.

This refined Petrol is now sold to Dealers (individuals or businesses that own petrol pumps) by OMCs after adding other expenses & keeping some margin.

The Central Excise Duty is levied by the Central Government (Government of India). This is a fixed amount and not a percentage on the price. The dealer commission is also added to the price after imposition of the Central Excise. The State Governments levy Value Added Tax (VAT) or sales tax on the price arrived at by adding dealer price, central excise duty & dealer commission. The central excise duty, dealer's commission and State Govt's VAT percentage amount are fixed by Govt Fiscal Budget (Revenue & Expenditure)


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