Petrol Price in Osmanabad Today: Rs. 91.93 - Rs. 92.95

Last Update: Thu, 21 Jan 2021 07:18:03

Petrol & Diesel Price Today in Osmanabad (Maharashtra)

Petrol Price Today: ₹92.41 * - ₹93.43 [per litre] (as per IOCL)

Diesel Price Today: ₹81.56 - ₹82.54 [per litre] (as per IOCL)

This Price is effective from 25-01-2021 (6 A.M.)

Total number of IOCL Petrol Pump in Osmanabad is 47

Petrol Price Calculation Per Litre (Approx)

Basic Cost of Fuel after Refining, Freight Cost: Rs. 52.39/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. 18.48/litre
Final Retail Price -(calculation): Rs. 92.41/litre *

Petrol & Diesel Prices (per litre) according to IOCL Petrol Pumps in Osmanabad (Maharashtra)

Ajinkyaraje Petroleum
Petrol Price: Rs. 92.79 | Diesel Price: Rs. 81.92

Arihant Kisan Seva Kendra
Petrol Price: Rs. 93.20 | Diesel Price: Rs. 82.32

Aryan Petroleum
Petrol Price: Rs. 92.83 | Diesel Price: Rs. 81.96

Attar Petroleum
Petrol Price: Rs. 93.07 | Diesel Price: Rs. 82.19

Baba Highway Services
Petrol Price: Rs. 93.01 | Diesel Price: Rs. 82.14

Bharati Petroleum Ksk
Petrol Price: Rs. 93.10 | Diesel Price: Rs. 82.23

Coco Kallamb Adhoc Jai Hanuman Petr
Petrol Price: Rs. 93.24 | Diesel Price: Rs. 82.36

Dhanlaxmi Highway Services
Petrol Price: Rs. 92.59 | Diesel Price: Rs. 81.74

Hambire Petroleum
Petrol Price: Rs. 92.80 | Diesel Price: Rs. 81.94

Jai Bhavani Petroleum
Petrol Price: Rs. 92.71 | Diesel Price: Rs. 81.85

Jai Hanuman Petroleum
Petrol Price: Rs. 93.24 | Diesel Price: Rs. 82.36

Jai Jagdamba Petroleum
Petrol Price: Rs. 92.98 | Diesel Price: Rs. 82.11

Jai Tulja Bhavani Petroleum
Petrol Price: Rs. 93.00 | Diesel Price: Rs. 82.13

Jatashankar Petroleum
Petrol Price: Rs. 92.78 | Diesel Price: Rs. 81.91

Kanhaiya Highway Services
Petrol Price: Rs. 93.16 | Diesel Price: Rs. 82.28

Khamkar Petroleum
Petrol Price: Rs. 93.30 | Diesel Price: Rs. 82.41

Kothawale Petroleum Services
Petrol Price: Rs. 93.02 | Diesel Price: Rs. 82.15

L.t. More
Petrol Price: Rs. 92.86 | Diesel Price: Rs. 81.99

Maauli Krupa Petroleum
Petrol Price: Rs. 93.22 | Diesel Price: Rs. 82.34

Madhushali Highway Service
Petrol Price: Rs. 92.55 | Diesel Price: Rs. 81.69

Mauli Petroleum
Petrol Price: Rs. 92.80 | Diesel Price: Rs. 81.94

Mohekar Petrocare
Petrol Price: Rs. 92.80 | Diesel Price: Rs. 81.94

N K Kisan Seva Kendra
Petrol Price: Rs. 92.86 | Diesel Price: Rs. 82.00

New Renuka Petroleum
Petrol Price: Rs. 93.43 | Diesel Price: Rs. 82.54

Param Mangal Petroleum
Petrol Price: Rs. 92.43 | Diesel Price: Rs. 81.58

Parvati Petroleum Ksk
Petrol Price: Rs. 92.73 | Diesel Price: Rs. 81.87

Pratap Auto Lines
Petrol Price: Rs. 93.28 | Diesel Price: Rs. 82.40

Radha Highway Services
Petrol Price: Rs. 92.86 | Diesel Price: Rs. 81.99

Rajdhani Highway Services
Petrol Price: Rs. 92.90 | Diesel Price: Rs. 82.03

Rajdhani Petroleum
Petrol Price: Rs. 92.86 | Diesel Price: Rs. 81.99

Rajlaxmi Petroleum
Petrol Price: Rs. 92.80 | Diesel Price: Rs. 81.94

Ramakrishna Petrocare
Petrol Price: Rs. 92.80 | Diesel Price: Rs. 81.94

S. S. Waykar Petroleum
Petrol Price: Rs. 93.26 | Diesel Price: Rs. 82.38

Sherkhane Super Service
Petrol Price: Rs. 92.80 | Diesel Price: Rs. 81.94

Shidhart Petroleum Ksk
Petrol Price: Rs. 93.04 | Diesel Price: Rs. 82.17

Shivsai Petroleum
Petrol Price: Rs. 93.19 | Diesel Price: Rs. 82.31

Shivshanti Highway Services
Petrol Price: Rs. 93.31 | Diesel Price: Rs. 82.43

Shree Malhar Petroleum (ksk)
Petrol Price: Rs. 93.01 | Diesel Price: Rs. 82.14

Shri Gokarna Petroleum
Petrol Price: Rs. 92.61 | Diesel Price: Rs. 81.75

Shri Sai Samarth Petroleum
Petrol Price: Rs. 93.24 | Diesel Price: Rs. 82.36

Shri Siddhivinayak Highway Ser
Petrol Price: Rs. 92.98 | Diesel Price: Rs. 82.11

Sudarshan Petroleum
Petrol Price: Rs. 93.16 | Diesel Price: Rs. 82.28

Trigun Kisan Seva Kendra
Petrol Price: Rs. 92.41 | Diesel Price: Rs. 81.56

Ushanil Petroleum
Petrol Price: Rs. 92.64 | Diesel Price: Rs. 81.78

Vaishnavi Devi Petrolinks
Petrol Price: Rs. 92.49 | Diesel Price: Rs. 81.64

Vishweshwar Kisan Seva Kendra
Petrol Price: Rs. 92.82 | Diesel Price: Rs. 81.95

Yashwant Petroleum
Petrol Price: Rs. 93.16 | Diesel Price: Rs. 82.28

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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