Petrol Price in Morena Today: Rs. 92.84 - Rs. 93.60

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

Petrol & Diesel Price Today in Morena (Madhya Pradesh)

Petrol Price Today: ₹93.35 * - ₹94.12 [per litre] (as per IOCL)

Diesel Price Today: ₹83.63 - ₹84.34 [per litre] (as per IOCL)

This Price is effective from 23-01-2021 (6 A.M.)

Total number of IOCL Petrol Pump in Morena is 29

Petrol Price Calculation Per Litre (Approx)

Basic Cost of Fuel after Refining, Freight Cost: Rs. 51.39/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. 20.42/litre
Final Retail Price -(calculation): Rs. 93.35/litre *

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

Dada Fuel Centre Mudiakhera
Petrol Price: Rs. 93.49 | Diesel Price: Rs. 83.76

Indian Fuels
Petrol Price: Rs. 93.37 | Diesel Price: Rs. 83.65

Jai Hanuman Kissan Sewa Kendra
Petrol Price: Rs. 94.07 | Diesel Price: Rs. 84.29

Kanika Enterprises
Petrol Price: Rs. 93.65 | Diesel Price: Rs. 83.91

Karan Filling Station Ambah
Petrol Price: Rs. 93.84 | Diesel Price: Rs. 84.08

Kartar Singh Gurjar Kisan Sewa Kend
Petrol Price: Rs. 93.48 | Diesel Price: Rs. 83.75

Keshav Automobiles
Petrol Price: Rs. 93.91 | Diesel Price: Rs. 84.15

Krati Filling Kisan Seva Kendr
Petrol Price: Rs. 94.01 | Diesel Price: Rs. 84.24

Mittal Agencies
Petrol Price: Rs. 93.71 | Diesel Price: Rs. 83.96

Modern Motors
Petrol Price: Rs. 93.49 | Diesel Price: Rs. 83.76

Nagaji Auto Service Porsa
Petrol Price: Rs. 93.91 | Diesel Price: Rs. 84.15

Police Welfare Filling Stn(5 Div)
Petrol Price: Rs. 93.49 | Diesel Price: Rs. 83.76

Police Welfare Filling Stn(morena)
Petrol Price: Rs. 93.49 | Diesel Price: Rs. 83.76

Prakriti Kissan Sewa Kendr
Petrol Price: Rs. 93.35 | Diesel Price: Rs. 83.63

Prem Automobiles
Petrol Price: Rs. 94.12 | Diesel Price: Rs. 84.34

Prem Filling Station
Petrol Price: Rs. 93.95 | Diesel Price: Rs. 84.18

Pyare Kisan Sewa Kendra
Petrol Price: Rs. 94.00 | Diesel Price: Rs. 84.23

R.c. Ray Filling Station
Petrol Price: Rs. 93.78 | Diesel Price: Rs. 84.03

Raje Filling Centre
Petrol Price: Rs. 93.37 | Diesel Price: Rs. 83.65

S.s. Mavai Kisan Sewa Kendra
Petrol Price: Rs. 93.45 | Diesel Price: Rs. 83.72

Samshad Bhai Filling Center
Petrol Price: Rs. 93.71 | Diesel Price: Rs. 83.96

Saraswati Kisan Sewa Kendra
Petrol Price: Rs. 93.62 | Diesel Price: Rs. 83.88

Sardar Singh Kansana Filling Centre
Petrol Price: Rs. 93.49 | Diesel Price: Rs. 83.76

Sarthi Kisan Seva Kendra
Petrol Price: Rs. 93.45 | Diesel Price: Rs. 83.72

Shri Jee Rama Filling Centre
Petrol Price: Rs. 93.37 | Diesel Price: Rs. 83.65

Siddh Sthaan Petroleum
Petrol Price: Rs. 93.50 | Diesel Price: Rs. 83.76

Sri Ram Filling Center
Petrol Price: Rs. 93.71 | Diesel Price: Rs. 83.96

Sushila Devi Kisan Sewa Kendra
Petrol Price: Rs. 93.91 | Diesel Price: Rs. 84.15

Tathagat Filling Station
Petrol Price: Rs. 93.91 | Diesel Price: Rs. 84.15

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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