Science, asked by purremanik226, 10 months ago

how petrol price decided in India

Answers

Answered by papa32

Answer:

Crude oil prices. The pricing of crude oil is often what impacts petrol rates the most. Crude oil, also called unrefined oil, is an international commodity.

Taxes. As discussed earlier, petrol is taxed by centrally and by the state. ...

Refinery Consumption Ratio. This is a very important consideration. Crude oil when imported by OMCs is sent to refineries for further processing.

Explanation:

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Answered by divyabashishth7

Answer:

The petrol price is based on Crude oil price that is being imported from Arab countries. The crude oil then converted to Petrol and diesel and this process is done in India by petrol and diesel dealing public sector units like indianoil,Bharath petroleum.

Explanation:

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