Petrol Price in Bhopal Today: Rs. 91.50 - Rs. 93.32

Last Update: Thu, 21 Jan 2021 07:18:02

Petrol & Diesel Price Today in Bhopal (Madhya Pradesh)

Petrol Price Today: ₹91.50 * - ₹93.32 [per litre] (as per IOCL)

Diesel Price Today: ₹81.68 - ₹83.54 [per litre] (as per IOCL)

This Price is effective from 20-01-2021 (6 A.M.)

Total number of IOCL Petrol Pump in Bhopal is 52

Petrol Price Calculation Per Litre (Approx)

Basic Cost of Fuel after Refining, Freight Cost: Rs. 49.94/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. 20.02/litre
Final Retail Price -(calculation): Rs. 91.50/litre *

Petrol & Diesel Prices (per litre) according to IOCL Petrol Pumps in Bhopal (Madhya Pradesh)

Aadyant Fuels More
Petrol Price: Rs. 93.06 | Diesel Price: Rs. 83.31

Adhoc Vidhant Petroleum
Petrol Price: Rs. 93.06 | Diesel Price: Rs. 83.31

Adhoc-auto House
Petrol Price: Rs. 93.06 | Diesel Price: Rs. 83.31

Adhoc-tatpar
Petrol Price: Rs. 91.50 | Diesel Price: Rs. 81.68

Agarwal Kisan Sewa Kendra
Petrol Price: Rs. 92.99 | Diesel Price: Rs. 83.25

Arera Auto Centre
Petrol Price: Rs. 93.06 | Diesel Price: Rs. 83.31

Auto House
Petrol Price: Rs. 93.06 | Diesel Price: Rs. 83.31

Avtar Singh C0.
Petrol Price: Rs. 93.06 | Diesel Price: Rs. 83.31

Ayodhya Sales And Service
Petrol Price: Rs. 93.06 | Diesel Price: Rs. 83.31

Babu Lal Sons Filling Station
Petrol Price: Rs. 93.06 | Diesel Price: Rs. 83.31

Balaji Sales Service
Petrol Price: Rs. 93.06 | Diesel Price: Rs. 83.31

Berasia Auto Service
Petrol Price: Rs. 93.16 | Diesel Price: Rs. 83.39

Capital Auto Service
Petrol Price: Rs. 93.06 | Diesel Price: Rs. 83.31

Durga Service Station
Petrol Price: Rs. 93.06 | Diesel Price: Rs. 83.31

Gokul Fuel Services
Petrol Price: Rs. 92.92 | Diesel Price: Rs. 83.17

Green Automobile Service
Petrol Price: Rs. 93.06 | Diesel Price: Rs. 83.31

Hans Indianoil
Petrol Price: Rs. 92.89 | Diesel Price: Rs. 83.15

Ibp Auto Service-berasia
Petrol Price: Rs. 93.06 | Diesel Price: Rs. 83.31

Ibp Auto Service-fanda
Petrol Price: Rs. 92.74 | Diesel Price: Rs. 83.01

Ibp Auto Service-samardha
Petrol Price: Rs. 93.08 | Diesel Price: Rs. 83.33

Kartar Fill Fly
Petrol Price: Rs. 92.74 | Diesel Price: Rs. 83.01

Kavi Filling Station
Petrol Price: Rs. 93.06 | Diesel Price: Rs. 83.31

Khajuri Highway Ser.stn.
Petrol Price: Rs. 92.74 | Diesel Price: Rs. 83.01

Maa Gulab Kissan Sewa Kendra
Petrol Price: Rs. 92.89 | Diesel Price: Rs. 83.15

Major Nankay Co.
Petrol Price: Rs. 93.06 | Diesel Price: Rs. 83.31

Maran Fuel Point
Petrol Price: Rs. 93.06 | Diesel Price: Rs. 83.31

Narad Service Station
Petrol Price: Rs. 93.06 | Diesel Price: Rs. 83.31

Ntr Sales And Service
Petrol Price: Rs. 92.85 | Diesel Price: Rs. 83.11

Om Durga Fuels Kisan Sewa Kendra
Petrol Price: Rs. 93.08 | Diesel Price: Rs. 83.33

Police Welfare Centrejehangirabad
Petrol Price: Rs. 93.06 | Diesel Price: Rs. 83.31

Police Welfare Filling Stn(bhopal)
Petrol Price: Rs. 93.06 | Diesel Price: Rs. 83.31

Pragati
Petrol Price: Rs. 93.06 | Diesel Price: Rs. 83.31

Purswani Petrol Pump
Petrol Price: Rs. 92.89 | Diesel Price: Rs. 83.15

Raghubar Service Station
Petrol Price: Rs. 93.06 | Diesel Price: Rs. 83.31

Rathod Kisan Sewa Kendra
Petrol Price: Rs. 93.32 | Diesel Price: Rs. 83.54

Renuka Filling Station
Petrol Price: Rs. 93.06 | Diesel Price: Rs. 83.31

Sagar Fuels
Petrol Price: Rs. 92.85 | Diesel Price: Rs. 83.11

Sahyog
Petrol Price: Rs. 93.06 | Diesel Price: Rs. 83.30

Sajjad Husain Automotive Service
Petrol Price: Rs. 93.06 | Diesel Price: Rs. 83.31

Satya Vijay Sales Service
Petrol Price: Rs. 93.06 | Diesel Price: Rs. 83.31

Savitri Filling Station
Petrol Price: Rs. 92.77 | Diesel Price: Rs. 83.04

Shri Brahmputra Filling Statio
Petrol Price: Rs. 93.16 | Diesel Price: Rs. 83.39

Shrivastava Kissan Sewa Kendra
Petrol Price: Rs. 93.23 | Diesel Price: Rs. 83.46

Shubham Kissan Sewa Kendra
Petrol Price: Rs. 92.84 | Diesel Price: Rs. 83.10

Sikarwar Petrol Pump
Petrol Price: Rs. 92.77 | Diesel Price: Rs. 83.04

Sskd Fuel Centre
Petrol Price: Rs. 92.89 | Diesel Price: Rs. 83.15

Standard Auto Service
Petrol Price: Rs. 93.06 | Diesel Price: Rs. 83.31

Tatpar
Petrol Price: Rs. 93.06 | Diesel Price: Rs. 83.31

Teerath Petroleum Ksk
Petrol Price: Rs. 93.08 | Diesel Price: Rs. 83.33

Vedant Fuels
Petrol Price: Rs. 93.06 | Diesel Price: Rs. 83.31

Vidhant Petroleum
Petrol Price: Rs. 92.74 | Diesel Price: Rs. 83.01

Yusuf Ali S.h. Bhopal
Petrol Price: Rs. 93.06 | Diesel Price: Rs. 83.31

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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