Petrol Price in Muktsar

Muktsar, a historic city in Punjab, is known for its agricultural importance and cultural heritage. The local economy depends significantly on transportation for both farming and daily activities, making petrol a vital resource for the residents and businesses. Understanding the petrol price in Muktsar is crucial for effective cost management, whether for personal or commercial purposes.

Today Petrol Price in Muktsar

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Updated on: 2nd April, 2026

Gold Icon
  • Current Petrol Price Per Liter
  • â‚ı 97.28

    Price Change

In this page, you will explore today’s petrol price in Muktsar, the factors that influence fuel prices, and the breakdown of the components involved in petrol pricing.

Historical Monthly Petrol Prices in Muktsar

To gain a deeper understanding of petrol prices in Muktsar, reviewing the historical monthly trends displayed in the table will reveal how prices have changed over time.

Overview of Petrol Prices in Muktsar

In Muktsar, a dynamic fuel pricing system is in place, where petrol prices are updated every day at 6 AM. These modifications are largely influenced by fluctuations in global crude oil prices, the exchange rate of the rupee against the US dollar, geopolitical events, and the balance of supply and demand.

Key Factors Affecting Petrol Rates in Muktsar

Below are the important factors that affect the petrol prices in Muktsar:
  • Dealer commissionsGeopolitical events
  • Natural disasters
  • Government subsidies
  • Supply and demand
  • Currency exchange rate
  • Global crude oil prices
  • Taxes (VAT, Excise Duty, etc.)

Difference in Petrol and Diesel Rates in Muktsar

Typically, diesel is priced lower than petrol in Muktsar. For a detailed comparison of the market prices for these fuels, refer to the table below.

Petrol Price (â‚ı/Per Litre)Diesel Price (â‚ı/Per Litre)Price Change
97.2887.77â‚ı9.51

Understanding the Components of Petrol Pricing in Muktsar

The latest price of petrol in Muktsar is shaped by several important components.
  • International Crude Oil Prices: The foremost factor affecting prices is the valuation of crude oil in the global market.Excise Duty + Road Cess: Government-mandated charges, including excise duty and road cess, are imposed.
  • Commission to Petrol Pump Dealers: The operational expenses of retail fuel outlets are in the form of dealer commissions is factored into the retail price.
  • VAT (Value Added Tax) or Sales Tax: State authorities impose VAT or sales tax in accordance with local regulations influencing the retail price.
  • Buffer for Future Inflationary Aspects: A safety margin is added to the cost to accommodate potential market volatility and rising costs.

Stay Updated: Latest Petrol Rates in Muktsar

Find out the latest petrol price in Muktsar:

StateToday’s Petrol Price (â‚ı)
Muktsar97.28

FAQs

What is the current price of petrol in Muktsar?

The current petrol price in Muktsar is â‚ı97.28

How often are petrol prices in Muktsar updated ?

Petrol prices in Muktsar are updated daily at 6:00 AM based on dynamic fuel pricing mechanism.

What are the main determinants of Muktsars petrol prices?

In Muktsar, petrol pricing is determined by four primary factors: international oil prices, local fuel demand, geopolitical conditions, and the exchange rate of the rupee.

How do local taxes and levies impact petrol rates in Muktsar?

In Muktsar state-level taxes like VAT make up a significant part of your petrol bill.

Why are petrol prices different from diesel prices in Muktsar?

The petrol prices are different to diesel prices in Muktsar due to the different local tax structure.

Which is generally more expensive in Muktsar: petrol or diesel?

Generally, the petrol price in Muktsar is higher compared to the price of diesel.

How is the retail price of petrol in Muktsar broken down?

The key factors influencing petrol prices at the pump in Muktsar include dealer margins, excise taxes, refining costs levied by Oil Marketing Companies (OMCs), value-added tax (VAT), and crude oil prices.

What was the cost of petrol in Muktsar yesterday?

Yesterday’s cost of petrol in Muktsar was â‚ı97.28

Why do petrol prices change daily in Muktsar?

In Muktsar, daily fluctuations in petrol prices are affected by elements such as global oil market dynamics, currency exchange rate variations, local fuel consumption patterns, and international developments.

Is there a designated time for daily petrol price updates in Muktsar?

Petrol prices in Muktsar is updated daily at 6 am.

What is the price for 1 litre of petrol in Muktsar?

The current price of 1-litre petrol in Muktsar is â‚ı97.28.