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CNG Price In Vaishali (BR) Today | Price Hike | 19 May 2024
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Today, on May 19th, 2024, the price of CNG in Vaishali, Bihar is
₹0 per liter. Just like in other cities, CNG price in Vaishali also undergoes daily revision based on international natural gas prices, exchange rates and taxes levied by the central and state governments.
The central government in India levies an excise duty on CNG, while the state government levies a value-added tax (VAT). These taxes are a significant factor in determining the price of CNG in Vaishali and other cities in India.
International natural gas price and prevailing exchange rate for the US dollar are the other two major factors influencing the price of CNG in Vaishali. India imports a significant amount of its natural gas from other countries. Thus, the price of CNG and USD-to-INR exchange rate greatly depend on the supply and demand for each of these two assets, international trades, geopolitical tensions and rate of production by the OPEC and OPEC+.
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CNG Price Graph - Last 10 Days of Vaishali
Last Six Month Trends
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Price of cng in Vaishali on the 1st of April is not available. The price on the last day of April
is not available.
The highest recorded price of cng in the month of April was ₹0 per litre on January 1st.
The lowest recorded price of cng in the month of April was ₹0 per litre on January 1st.
The average price of cng in the month of April was ₹0.00 per litre
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Price of cng in Vaishali on the 1st of March is not available. The price on the last day of March
is not available.
The highest recorded price of cng in the month of March was ₹0 per litre on January 1st.
The lowest recorded price of cng in the month of March was ₹0 per litre on January 1st.
The average price of cng in the month of March was ₹0.00 per litre
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Price of cng in Vaishali on the 1st of February is not available. The price on the last day of February
is not available.
The highest recorded price of cng in the month of February was ₹0 per litre on January 1st.
The lowest recorded price of cng in the month of February was ₹0 per litre on January 1st.
The average price of cng in the month of February was ₹0.00 per litre
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Price of cng in Vaishali on the 1st of January is not available. The price on the last day of January
is not available.
The highest recorded price of cng in the month of January was ₹0 per litre on January 1st.
The lowest recorded price of cng in the month of January was ₹0 per litre on January 1st.
The average price of cng in the month of January was ₹0.00 per litre
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Price of cng in Vaishali on the 1st of December is not available. The price on the last day of December
is not available.
The highest recorded price of cng in the month of December was ₹0 per litre on January 1st.
The lowest recorded price of cng in the month of December was ₹0 per litre on January 1st.
The average price of cng in the month of December was ₹0.00 per litre
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Fuel prices can vary from city to city due to several factors:
Supply and Demand: The basic principle of supply and demand plays a significant role. Cities with higher demand for fuel or limited supply may experience higher prices.
Taxes and Regulations: Different cities, states, or countries have varying tax rates and regulations on fuel. These can include excise taxes, sales taxes, and environmental regulations that affect prices.
Transportation Costs: The cost of transporting fuel from refineries to distribution points and, ultimately, to gas stations can vary depending on the distance and logistics. Remote cities or those far from supply sources may have higher prices due to increased transportation costs.
Local Competition: The level of competition among gas stations in a particular city can impact pricing. More competition often results in lower prices, while limited competition can lead to higher prices.
Exchange Rates: If a city is in a country with a different currency or has economic instability, exchange rates can affect the cost of imported fuel.
Seasonal and Weather Effects: Seasonal variations, extreme weather conditions, and natural disasters can disrupt the supply chain and lead to temporary price fluctuations.
Political Factors: Political stability and policies can influence fuel prices. Sudden political changes, conflicts, or government decisions regarding subsidies or pricing controls can impact costs.
Global Oil Market: Since oil is traded internationally, global market conditions and events, such as changes in oil production, geopolitical conflicts, and economic trends, can ripple through to local prices.
Consumer Behavior: The driving habits and preferences of consumers in a city can also influence prices. If people in a city predominantly use more fuel-efficient vehicles or opt for alternative transportation, it can affect demand and pricing.
Environmental Factors: Some cities may have stricter environmental regulations that require cleaner, more expensive fuel blends, which can result in higher prices.
These factors can interact in complex ways, leading to variations in fuel prices from one city to another. It's important to keep in mind that prices can change rapidly due to market dynamics and local conditions, so what you pay for fuel today might not be the same as what you'll pay tomorrow.
For those primarily engaged in city driving, petrol-fueled cars prove to be the better choice. On the other hand, when one regularly undertakes long-distance journeys, diesel fuel emerges as the more efficient option, resulting in cost savings.
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