Petrol Price In Noida Today

Monthly Petrol Price Trend in Noida for June 2023 

1. Petrol prices opened the month of June standing at the rate of Rs.96.77 per litre in Noida. When compared to the closing rates of the previous week, there were no changes in the price of the fuel. 
2. The price of the fuel was stable and witnessed no fluctuations during the month of June in Noida. 
3. In Noida, the last week of June closed with the price of the fuel standing at the rate of Rs.96.77 per litre. Over the week, the fuel prices displayed a stability in its overall performance in Noida. 

Trend of Petrol Price in Noida for May 2023 (rates per litre) 

Monthly Petrol Price Trend in Noida for May 2023 

1. Petrol prices opened the month of May standing at the rate of Rs.96.77 per litre in Noida. When compared to the closing rates of the previous week, there were no changes in the price of the fuel. 
2. The price of the fuel was stable and witnessed no fluctuations during the month of May in Noida. 
3. In Noida, the last week of May closed with the price of the fuel standing at the rate of Rs.96.77 per litre. Over the week, the fuel prices displayed a stability in its overall performance in Noida. 

Trend of Petrol Price in Noida for April 2023 (rates per litre) 

Monthly Petrol Price Trend in Noida for April 2023 

1. Petrol prices opened the month of April standing at the rate of Rs.96.77 per litre in Noida. When compared to the closing rates of the previous week, there were no changes in the price of the fuel. 
2. The price of the fuel was stable and witnessed no fluctuations during the month of April in Noida. 
3. In Noida, the last week of April closed with the price of the fuel standing at the rate of Rs.96.77 per litre. Over the week, the fuel prices displayed a stability in its overall performance in Noida.

Trend of Petrol Price in Noida for March 2023 (rates per litre) 

Monthly Petrol Price Trend in Noida for March 2023 

1. Petrol prices opened the month of March standing at the rate of Rs.96.77 per litre in Noida. When compared to the closing rates of the previous week, there were no changes in the price of the fuel. 
2. The price of the fuel was stable and witnessed no fluctuations during the month of March in Noida. 
3. In Noida, the last week of March closed with the price of the fuel standing at the rate of Rs.96.77 per litre. Over the week, the fuel prices displayed a stability in its overall performance in Noida. 

Trend of Petrol Price in Noida for February 2023 (rates per litre)

Monthly Petrol Price Trend in Noida for February 2023

1. Petrol prices opened the month of February standing at the rate of Rs.96.77 per litre in Noida. When compared to the closing rates of the previous week, there were no changes in the price of the fuel.
2. The price of the fuel was stable and witnessed no fluctuations during the month of February in Noida.
3. In Noida, the last week of February closed with the price of the fuel standing at the rate of Rs.96.77 per litre. Over the week, the fuel prices displayed a stability in its overall performance in Noida.

Trend of Petrol Price in Noida for January 2023 (rates per litre)

Monthly Petrol Price Trend in Noida for January 2023

1. Petrol prices opened the month of January standing at the rate of Rs.96.77 per litre in Noida. When compared to the closing rates of the previous week, there were no changes in the price of the fuel.
2. The price of the fuel was stable and witnessed no fluctuations during the month of January in Noida.
3. In Noida, the last week of January closed with the price of the fuel standing at the rate of Rs.96.77 per litre. Over the week, the fuel prices displayed a stability in its overall performance in Noida.

Trend of Petrol Price in Noida for December 2022 (rates per litre)

Monthly Petrol Price Trend in Noida for December 2022

1. Petrol prices opened the month of December standing at the rate of Rs.96.77 per litre in Noida. When compared to the closing rates of the previous week, there were no changes in the price of the fuel.
2. The price of the fuel was stable and witnessed no fluctuations during the month of December in Noida.
3. In Noida, the last week of December closed with the price of the fuel standing at the rate of Rs.96.77 per litre. Over the week, the fuel prices displayed a stability in its overall performance in Noida.

Trend of Petrol Price in Noida for November 2022 (rates per litre)

Monthly Petrol Price Trend in Noida for November 2022

1. Petrol prices opened the month of November standing at the rate of Rs.96.77 per litre in Noida. When compared to the closing rates of the previous week, there were no changes in the price of the fuel.
2. The price of the fuel was stable and witnessed no fluctuations during the month of November in Noida.
3. In Noida, the last week of November closed with the price of the fuel standing at the rate of Rs.96.77 per litre. Over the week, the fuel prices displayed a stability in its overall performance in Noida.

Trend of Petrol Price in Noida for October 2022 (rates per litre)

Monthly Petrol Price Trend in Noida for October 2022

1. Petrol prices opened the month of October standing at the rate of Rs.96.77 per litre in Noida. When compared to the closing rates of the previous week, there were no changes in the price of the fuel.
2. The price of the fuel was stable and witnessed no fluctuations during the month of October in Noida.
3. In Noida, the last week of October closed with the price of the fuel standing at the rate of Rs.96.77 per litre. Over the week, the fuel prices displayed a stability in its overall performance in Noida.

Trend of Petrol Price in Noida for September 2022 (rates per litre)

Monthly Petrol Price Trend in Noida for September 2022

1. Petrol prices opened the month of September standing at the rate of Rs.96.77 per litre in Noida. When compared to the closing rates of the previous week, there were no changes in the price of the fuel.
2. The price of the fuel was stable and witnessed no fluctuations during the month of September in Noida.
3. In Noida, the last week of September closed with the price of the fuel standing at the rate of Rs.96.77 per litre. Over the week, the fuel prices displayed a stability in its overall performance in Noida.

Trend of Petrol Price in Noida for August 2022 (rates per litre)

Monthly Petrol Price Trend in Noida for August 2022

1. Petrol prices opened the month of August standing at the rate of Rs.96.77 per litre in Noida. When compared to the closing rates of the previous week, there were no changes in the price of the fuel.
2. The price of the fuel was stable and witnessed no fluctuations during the month of August in Noida.
3. In Noida, the last week of August closed with the price of the fuel standing at the rate of Rs.96.77 per litre. Over the week, the fuel prices displayed a stability in its overall performance in Noida.

Trend of Petrol Price in Noida for July 2022 (rates per litre)

Monthly Petrol Price Trend in Noida for July 2022

1. Petrol prices opened the month of July standing at the rate of Rs.96.77 per litre in Noida. When compared to the closing rates of the previous week, there were no changes in the price of the fuel.
2. The price of the fuel was stable and witnessed no fluctuations during the month of July in Noida.
3. In Noida, the last week of July closed with the price of the fuel standing at the rate of Rs.96.77 per litre. Over the week, the fuel prices displayed a stability in its overall performance in Noida.

Trend of Petrol Price in Noida for June 2022 (rates per litre)

Monthly Petrol Price Trend in Noida for June 2022

1. Petrol prices opened the month of June standing at the rate of Rs.96.77 per litre in Noida. When compared to the closing rates of the previous week, there were no changes in the price of the fuel.
2. The price of the fuel was stable and witnessed no fluctuations during the month of June in Noida.
3. In Noida, the last week of June closed with the price of the fuel standing at the rate of Rs.96.77 per litre. Over the week, the fuel prices displayed a stability in its overall performance in Noida.

Trend of Petrol Price in Noida for May 2022 (rates per litre)

Monthly Petrol Price Trend in Noida for May 2022

1. Petrol price in Noida opened the month of May standing at the rate of Rs.105.45 per litre.
2. The highest petrol rate was recorded from 1 to 21 May wherein a litre of petrol was being traded at the rate of Rs.105.45. The lowest price of petrol was recorded from 22 to 31 May when it stood at the rate of Rs.96.77 per litre.
3. In Noida, the month of May closed with the price of the fuel standing at the rate of Rs.96.77 per litre. There was an overall declining trend of -8.23% in the performance of petrol price in Noida.

Trend of Petrol Price in Noida for April 2022 (rates per litre)

Monthly Petrol Price Trend in Noida for April 2022

1. Petrol price in Noida opened the month of April standing at the rate of Rs.101.86 per litre.
2. The highest petrol rate was recorded from 6 to 30 April wherein a litre of petrol was being traded at the rate of Rs.105.45. The lowest price of petrol was recorded on 1 April when it stood at the rate of Rs.101.86 per litre.
3. In Noida, the month of April closed with the price of the fuel standing at the rate of Rs.105.45 per litre. There was an overall inclining trend of 3.52% in the performance of petrol price in Noida.

Trend of Petrol Price in Noida for March 2022 (rates per litre)

Monthly Petrol Price Trend in Noida for March 2022:

1. Petrol price in Noida opened the month of March standing at the rate of Rs.95.49 per litre. After being stable for weeks, the fuel price witnessed a hike on 22 March.
2. The highest petrol rate was recorded on 31 March wherein a litre of petrol was being traded at the rate of Rs.101.86. The lowest price of petrol was recorded from 1 to 21 March when it stood at the rate of Rs.95.49 per litre.
3. In Noida, the month of March closed with the price of the fuel standing at the rate of Rs.101.86 per litre. There was an overall inclining trend of 6.67% in the performance of petrol price in Noida.

Trend of Petrol Price in Noida for February 2022 (rates per litre)

Monthly Petrol Price Trend in Noida for February 2022:

1. Petrol prices in Noida opened the month of February standing at the rate of Rs.95.49 per litre. There were no fluctuations or changes in the price of the fuel when compared to the closing price of the previous month.
2. Petrol prices stood steady in Noida during the month. In the month of February, the price of the fuel was unaltered, witnessed no fluctuations, and was trading at the rate of Rs.95.49 per litre.
3. In February, the price of petrol closed the month at the rate of Rs.95.49 per litre. The overall performance of the fuel witnessed a stability during the month of February in Noida.

Trend of Petrol Price in Noida for January 2022 (rates per litre)

Monthly Petrol Price Trend in Noida for January 2022:

1. A litre of petrol was priced Rs.95.49 at the start of January in Noida. When compared to the previous month's closing price, no change was recorded in the price of the fuel.
2. Over the opening month of 2022, petrol price remained unchanged in Noida. State-run oil companies kept the price unchanged even though international oil rates saw fluctuations.
3. In Noida, the overall performance of petrol remained stable as no change was seen in the rate of the fuel.

How are Petrol Prices in Noida revised?

Before June 16 2017, fuel rates used to be revised on a fortnightly basis. Since the introduction of dynamic fuel pricing on 16 June 2017, instead of updating twice a month, all petrol bunks across the city have been reviewing fuel prices (diesel and petrol) on a daily basis. Dynamic fuel pricing replaces the earlier fortnightly revision and offers significant benefits to end customers, dealers and oil marketing companies. This new fuel pricing mechanism has also been adopted by the United States of America, Japan, Russia and Australia.

The revision is done at 06:00 a.m. every day by every bunk. Oil marketing companies will fix the price in consideration with crude oil prices and the exchange rate of INR against the USD. It means that end customers will pay the prices, which are marked to market. Dynamic fuel pricing, also called the daily revision, instantly transfers even the smallest variation in the exchange rate and crude oil prices on a daily basis. The new system ensures fuel pricing is completely transparent.

How to Trace Daily Prices?

With the daily revision in place, petrol prices in Noida are fluctuating regularly. Unlike the previous system, customers cannot expect them to be steady. There are a few solutions for customers seeking to trace the current price. Smartphone users can download the mobile applications designed by all oil marketing companies in order to trace daily prices. Customers who are not using smartphones can make use of SMS and customer care services offered oil marketing companies.

How are Petrol Prices in Noida Computed?

The following are the different components of the Retail Selling Price of Petrol in the city:

Crude Oil Prices: Crude is purchased by Indian oil marketing companies from overseas oil marketing corporations. Since it is transacted in global markets, the price should be paid in the USD, which is the base currency for international transactions. WTI Crude was priced at $55 per barrel, which is equivalent to 159 litres, on 6 November 2017.

Refinery Transfer Price (RTP): Refinery transfer price is charged by refineries. The price is paid by oil marketing companies.

Taxes: Both the state and central governments collect tax on petrol. This is the biggest cost component. The central excise duty fixed by the central government was 19.48 per litre whereas the state tax fixed by the government of Uttar Pradesh was 32.90% as on 4 October 2017.

Expenses Incurred by OMCs: The expenses incurred by oil marketing companies include entry taxes, freight charges, marketing and distribution expenses and operational expenses. OMCs add their profit margin to the total costs incurred by them.

Therefore, the final price paid by retail petrol customers in Noida includes all the aforementioned costs in addition pollution cess and the commission charged by local dealers.

Factors Affecting Petrol Costs in Noida

The Fuel Rate increases when:

1. The cost of crude oil goes up in global markets
2. The INR depreciates against the USD
3. The excise duty and the state VAT increase

The Fuel Rate falls when:

1. The cost of crude oil falls in global markets
2. The INR appreciates against the USD
3. The excise duty and the state VAT decrease

Does GST Affect Petrol Prices in Noida?

The Goods and Services Tax does not affect petrol prices in the city due to the fact that petrol has not been covered under the GST purview. GST is currently charged at 5%, 12%, 18% and 28% on various services and commodities. The highest rate is 28% and the lowest rate is 5%. If GST is levied on petrol even at the highest tax rate, the petrol price will be 25-35% less than the current price. Consumers will be benefited from the price reduction, but the government stands to lose the major revenue source.

*Disclaimer: BankBazaar makes no guarantee or warranty on the accuracy of the data provided on this page, the prevailing prices are susceptible to change and provided on an as-is basis. We accept no liability for any loss arising from the use of the data contained on this website.