Diesel Price in Lucknow

Diesel prices in Lucknow vary due to several global and local factors, impacting daily budgets and fuel expenses. Keeping track of these prices helps residents, businesses, and tourists plan their expenditures effectively.

• Geopolitical events
• Taxes (VAT, Excise Duty, etc.)
• Natural disasters
• Supply and demandGovernment subsidies
• Global crude oil prices
• Dealer commissions Currency exchange rate

Typically, diesel is more expensive than petrol in Lucknow. A comparison of these fuel prices is provided in the table below.

• Oil Marketing Company (OMC) Processing Cost: OMCs incur costs in refining crude oil, which is included in the final price of diesel in Lucknow.
• Dealer Commissions: Dealer commissions form a part of the final retail diesel price, covering the expenses of local diesel pumps in Lucknow.
• Inflation Buffer: An inflation buffer is often included in diesel prices to balance the effects of rising costs over time, ensuring price stability in Lucknow.
• Excise Duty and Road Cess: The central and state governments levy excise duty and road cess, which add to the base diesel price in Lucknow.
• Global Crude Oil Prices: The price of crude oil in international markets directly affects the cost of diesel in Lucknow, as India heavily relies on oil imports.
• Value Added Tax (VAT) or Sales Tax: The Karnataka state government applies VAT or sales tax on diesel, which significantly affects its final cost in Lucknow.

Here is the latest diesel price in Lucknow: