Petrol Diesel Prices in India compared with USA, Europe and Asian Countries Know in which Country the price of Petrol,Diesel is less than India
Petrol Diesel Prices in India compared with USA, Europe and Asian Countries
Know in which Country the price of Petrol,Diesel is less or more than India
Updated on Friday, January 18, 2013
Updated on Friday, September 16, 2011 –
Updated on Wednesday, May 23, 2012
Suggested Reading –
Rs.7.50 Petrol Price Hike Know in which city what will be cost of Petrol From midnight
http://realityviews.blogspot.in/2012/05/rs750-petrol-price-hike-know-in-which.html
23 May 2012 - USA per gallon petrol price is 3.790 $
1 Gallon is nearly 4 liters
The government controls prices of diesel, PDS kerosene and domestic LPG.
oil marketing companies pay a Trade Parity Price (TPP) for the purchase of petrol/diesel and Import Parity Price (IPP) for the purchase of PDS kerosene and domestic LPG.
Trade Parity Price (TPP) and Import Parity Price (IPP) are determined based on prices prevailing in the international market.
Petrol Prices –
Without taxes in India Petrol would cost Rs 23.37 per litre in Delhi.
1. Petrol in Delhi is priced at Rs 63.70 a litre,
2. USA - Rs 42.82 per litre
3. Pakistan Rs 41.81 a litre
4. Sri Lanka Rs 50.30 per litre
5. Bangladesh Rs 44.80 a litre
6. Nepal Rs 63.24 per litre
7. France Rs 94.97 per litre
8. Germany Rs 95.99 a litre
9. the United Kingdom Rs 96.39 per litre
10. Italy Rs 96.79 a litre
Thus petrol prices are less in USA,Pakistan,Sri lanka,Bangaladesh, and Nepal when compared with petrol prices in India.
When we compare the petrol prices in India with European countries we find that Petrol is cheaper in India.
Diesel Prices Per litre
Without taxes, diesel would cost Rs 24.90 a litre in Delhi.
1. Delhi - Rs 41.29
2. USA - Rs 45.84
3. France - Rs 69.87
4. Germany - Rs 72.54
5. UK - Rs 82.93
6. Italy - Rs 74
7. Pakistan - Rs 46.70
8. Nepal - Rs 45.38
9. Sri Lanka - Rs 34.37
10. Bangladesh - Rs 27.32
Diesel is cheaper in India than USA and European nations.
Diesel prices are more in India when compared with Sri Lanka and Bangladesh.
kerosene price per litre –
1. Delhi - Rs 14.83
2. Sri Lanka - Rs 24.67
3. Bangladesh - Rs 27.32
4. Pakistan - cooking fuel priced at Rs 44.06 per litre
domestic LPG Price per cylinder –
The price of kerosene is subsidized by Rs 23.74 a litre and LPG by Rs 247 per cylinder in India.
1. India - Rs 399 per 14.2-kg cylinder
2. Pakistan - Rs 757.04
3. Sri Lanka - Rs 863.40
4. Bangladesh - Rs 469.24
5. Nepal - Rs 819.60
Updated on Friday, September 16, 2011 –
Why the petrol prices were increased?
Petrol price was freed from the government control in June last year
Reason to increase petrol prices is the weakening of the rupee against dollar.
Petrol price were last hiked by Rs 5 per litre on May 15.
In Delhi, petrol cost was Rs 63.70 per litre and has now gone up to almost Rs 67 per litre.
In Kolkata, petrol, that was already Rs 68 per litre is now up to Rs 71 per litre.
Similarly for Mumbai, petrol prices have gone up to almost Rs 72 per litre.
In Chennai too, petrol prices have crossed Rs 70 per litre as opposed to the previous rate of Rs 67.50.
Suggested Reading –
Updated Article
27 October 2011
Petrol Diesel Prices Compared India No.1 among 136 Countries
http://realityviews.blogspot.com/2011/10/petrol-diesel-prices-compared-india-no1.html
Updated on Friday, January 18, 2013
Following are the revised diesel prices
DELHI:
Current Price: Rs 47.15
Revised Price: Rs 47.65
Increase: 0.50 paise
KOLKATA
Current Price: Rs 50.98
Revised Price: Rs 51.51
Increase: 0.53 paise
MUMBAI
Current Price: Rs 53.14
Revised Price: Rs 53.71
Increase: 0.57 paise
CHENNAI
Current Price: Rs 50.13
Revised Price: Rs 50.68
Increase: 0.55 paise
Following are the revised petrol prices
PETROL (All rates in Rs/litre)
DELHI
Current Price: Rs 67.56
Revised Price: Rs 67.26
Decrease: 0.30 paise
KOLKATA
Current Price: Rs 75.03
Revised Price: Rs 74.72
Decrease: 0.31 paise
MUMBAI
Current Price: Rs 74.32
Revised Price: Rs 74.00
Decrease: 0.32 paise
CHENNAI
Current Price: Rs 70.58
Revised Price: Rs 70.26
Decrease: 0.32 paise
Reality views by sm –
Wednesday, August 24, 2011
Tags-News Money Prices Oil Petrol Diesel LPG India Pakistan USA
18 comments:
Thanks for this informative post.
I think Europe is costliest in all other consumables and household things also.
looks like we are not doing so bad:)
Interesting info... For so much population, corruption, etc the prices are still under control! That's some achievement. I think the Govt or private sector should be more aggressive about looking for new sources of oil/petrol within India/ coastal areas. I don't know what those hundreds of graduates who are specialized in such areas do - take an back office IT job? Like Germany, we should also put more efforts on renewable energy initiatives....
Destination Infinity
Rakesh Kumar,thanks.Renu,thanks.Destination Infitnity thanks.
wrong info:
* Taxes: 13 percents(30% in india)
* Distribution and Marketing: 8 percents
* Refining: 14 percents
* Crude oil: 65 percents.
(1 crude oil barrel = 42 gallons or 158.99 L= USD 100 approx & 1 USD = 46.13 INR)
Duty is charged at 30% on petrol with additional excise duty at Rs. 7 per litre. The said rates are subject to exemptions and deductions thereon as may be notified from time to time. Central VAT (CENVAT) is applicable to practically all manufactured goods, so as to avoid cascading effect on duty.
@Anonymous
thanks.
Nothing is wrong in above article.
the information is part of upper house question and answers and one of the member gave this information.
oh thanks for posting....it was very useful.
Following is the list of oil companies operating in India and the profitability statement for the year ending March 2011. Who says that are losing money???
HPCL
The Audited consolidated results for the Year ended March 31, 2011
The Group has posted a net profit of Rs 17036.00 million for the year ended March 31, 2011 as compared to Rs 14766.20 million for the year ended March 31, 2010. Total Income has increased from Rs 1133017.00 million for the year ended March 31, 2010 to Rs 1400003.10 million for the year ended March 31, 2011.
BPCL
The Audited consolidated results for the Year ended March 31, 2011
The Group has posted a net profit of Rs 16349.60 million for the year ended March 31, 2011 as compared to Rs 16323.60 million for the year ended March 31, 2010. Total Income has increased from Rs 1261819.20 million for the year ended March 31, 2010 to Rs 1553701.90 million for the year ended March 31, 2011.
IOC
The Audited consolidated results for the Year ended March 31, 2011
The Group has posted a net profit of Rs 78307.20 million for the year ended March 31, 2011 as compared to Rs 107131.90 million for the year ended March 31, 2010. Total Income has increased from Rs 2575792.00 million for the year ended March 31, 2010 to Rs 3136278.80 million for the year ended March 31, 2011.
RIL
The Audited consolidated results for the Year ended March 31, 2011
The Group has posted a net profit of Rs 202110 million for the year ended March 31, 2011 as compared to Rs 158980 million for the year ended March 31, 2010. Total Income has increased from Rs 2059260 million for the year ended March 31, 2010 to Rs 2683540 million for the year ended March 31, 2011.
ONGC
The Audited consolidated results for the Year ended March 31, 2011
The Group has posted a net profit of Rs 224559.30 million for the year ended March 31, 2011 as compared to Rs 194035.30 million for the year ended March 31, 2010. Total Income has increased from Rs 1070580.40 million for the year ended March 31, 2010 to Rs 1245564.20 million for the year ended March 31, 2011.
Essar Oil
The Adited results for the Year ended March 31, 2011
The Company has posted a net profit of Rs 6540 million for the year ended March 31, 2011 as compared to Rs 290 million for the year ended March 31, 2010. Total Income has increased from Rs 367160 million for the year ended March 31, 2010 to Rs 472480 million for the year ended March 31, 2011.
GAIL
The Audited consolidated results for the Year ended March 31, 2011
The Group has posted a net profit of Rs 40209.70 million for the year ended March 31, 2011 as compared to Rs 33278.30 million for the year ended March 31, 2010. Total Income has increased from Rs 276149.60 million for the year ended March 31, 2010 to Rs 356640.80 million for the year ended March 31, 2011
Oil India Limited
The Audited consolidated results for the Year ended March 31, 2011
The Group has posted a net profit after tax of Rs 28836.90 million for the year ended March 31, 2011 as compared to Rs 26104.20 million for the year ended March 31, 2010. Total Income has increased from Rs 88597.20 million for the year ended March 31, 2010 to Rs 95491.80 million for the year ended March 31, 2011.
How this politicians are cheating us in a broad daylight!!!!
If we look at the reserves and surplus funds of these companies I won't be surprised that it may amount to provide free petrol to whole of India for one year.. and still the companies will exist.
My previous post is missing where I have listed the financial profit statements for FY 11 of the oil companies like RIL, BPCL, HPCL, ONGC, GAIL, etc.etc. Profit and Reserves of this cos are very very huge
@AKS
thanks for adding information.
tHE PETROL PRICE, HIKE WILL GO FOR BJP, BECAUSE, BEFORE THE CRUDE OIL PRICES ARE CONTOLED, BJP GOVT PREPARED ALL THE DOCUMENTS, IT SHOULD BE FREED AS PER INTERNATIONAL MARKET RATES, THEN CONGRESS CAME IN RULE, BY THE FORCE OF OPPOSITION THEY PASSED RULE WHICH WAS PREPARED BY BJP...
uncle please look up the income ration also...
petrol price very havy in india
maintain as old rate
@RenuLets clear some facts our self’s, Why don’t we build our Rupee Value instead of this 150 crore/Kilometer Bullet train project so that our Import commodity prices go down like Petrol, By the way the Petrol prices has gone up to Rs 7.50/ltr which Rs 77.50/ltr now. India has claimed that the Rupee Value has gone down, Which means the Govt or the Politicians who are ruling or ruled India are not maintaining the standards, So its their mistake which also means they (Govt or the Politicians who are ruling or ruled India) Have to bare the differences, Why on earth the Public or the Nation has to pay for it We have chosen the right Political power to build our economy not to downgrade it and then we end up paying their losses and their pockets. Its time we stand up for Our Nation, Our motherland. Let’s start cleaning it....
rameshbhides@gmail.com M.No.8149113185
We do not require any import of Crude at all or Petrol and diesel too. Ethanol 100% substitute for Petrol and pongamia oil 70% mixed with ethanol 30% substitute for Diesel is the right solution to the fuel price crises in India. There is ample land of about 330M Hectares of land remain uncultivated every year in India. There are about 220,000 villages in India where we are in a position to grow Maize in all the three seasons of the year for the purpose of making ethanol. Now the new technology has developed, where the cooking the the maize is not required which saves the production cost. In all these villages if we grow Maize in 25 hectares in every season and start manufacturing ethanol on local basis but bot as a co-operative movement but as Small Scale Industrial growth then we do not require a drop of Petrol. Five Million villagers those who are BPL may get minimum Rs.60000 P.A. In addition ample cattle feed and fodder. Three kilograms of maize in position to yield 1.2L. of ethanol and 1.5Kg. of cattle feed. So as the readers are wise they are in a position to calculate the production cost. The present Govt. schedule price is about Rs.28to 29 and I am sure millions of villagers are happy with the same if they allowed to start manufacturing of ethanol from Maize. Similarly we are in a position to use the mixture of Pongamia oil and ethanol as a substitute to Diesel. Each grown-up tree of 5+ years is in a position to yield 20L/year for more than 60 years. These technologies are very simple, acceptable and affordable too. What is really expected is free licencing to manufacture ethanol as agro-product without any state and central excise department at par with all developed nations and very specifically USA. Why we bother for the BPL HPL ONGC and so on all such Navratnas. The main problem is that no political leaders are not willing to accept this along with greedy & wealthy NGOs. This is only because government is getting the lot of revenue and lot more in the deals of Black gold; which is required to hold the society in there iron fingers. My open challenge to Anna Team and Ramdevbaba is that even are they ready accept these fact in the interest and prosperity of Indian villagers!
Diesel is much cheaper in India. The subsidy for diesel is eaten up by the rich by consumption of diesel cars which are affordable to middle class or even lower since they could only come up with a maruthi 800. Likewise in LPG consumption also it can be seen that reich consume more than the rest which means every subsidised fuels are eaten up by the rich. Do away with subsidy...Thanks to Manmohanji for his efforts to bring equality. Whenever subsidies are lowered, rich with their political power poo pooh's the PM since they are the beneficiaries of subsidy...and not the poor...realise...understand and find out what to be done
how about comparing the costs of fuel against the per capita income! For example a teacher in india earns 10000 rs, however teachers in usa and europe earn 200000 rs.
Rakesh