Petrol Price in Srinagar

Q: What is the current price of petrol in Srinagar?

The current petrol price in Srinagar is *#1ltPetrolRate*#

Q: What was the cost of petrol in Srinagar yesterday?

Yesterday’s cost of petrol in Srinagar was *#1ltPetrolRate-1*#

Srinagar, the capital city of Jammu and Kashmir, is known for its traditions, and serene beauty. It is a hub for trade, travel, and daily activities for the people living in the region. Fuel costs, especially petrol prices in Srinagar, are an essential part of daily expenses for residents.

Petrol Price (Today & Yesterday) in Srinagar

Check the table below to compare today’s petrol rate in Srinagar with yesterday’s price, ensuring you stay updated on your fuel expenses.

Today	Yesterday	Price Change (₹)
107.97	107.97	0

Petrol Price Srinagar& Other Cities in India (Today & Yesterday)

See the table below for a detailed view of petrol prices in Srinagar and among different cities throughout India. It displays the current market rates, assisting you in planning your expenses more effectively.

City	Today's Petrol Price (Per Litre)	Yesterday's Petrol Price (Per Litre)
Chennai	107.76	107.76
Hyderabad	115.69	115.69
Mumbai	111.21	111.21
Pune	112.02	112.02
Kolkata	113.5	113.5

Last 10 Days Petrol Prices in Srinagar

Review the table below to see how petrol prices in Srinagar have changed over the past 10 days.

Date	Petrol Price (Per Litre)	Price Change (₹)
21/08/2026	107.97	0
20/08/2026	108.58	0.61
19/08/2026	108.58	0
18/08/2026	108.58	0
17/08/2026	108.58	0
16/08/2026	108.58	0
15/08/2026	108.58	0
14/08/2026	108.58	0
13/08/2026	108.58	0
12/08/2026	108.58	0

Historical Monthly Petrol Prices in Srinagar

To gain a clearer understanding of petrol prices in Srinagar, examine the historical monthly trends to observe how they have evolved over time.

Details	Price (₹)
1st July	108.58 ₹/L
Current Date or 21st August	107.97 ₹/L
Highest Price in 1st August	108.58 ₹/L
Lowest Price in 21st August	107.97 ₹/L
Overall Trend	Falling
Price Change	-0.56%

Details	Price (₹)
1st July	107.97 ₹/L
Current Date or 31st July	108.58 ₹/L
Highest Price in 3rd July	108.58 ₹/L
Lowest Price in 2nd July	107.95 ₹/L
Overall Trend	Rising
Price Change	0.56%

Overview of Petrol Prices in Srinagar

In Srinagar, petrol prices are updated daily at 6:00 AM through a dynamic fuel pricing system. The cost of petrol is significantly influenced by the exchange rate between the rupee and the US dollar, global crude oil prices, geopolitical events, and supply and demand dynamics.

Key Factors Affecting Petrol Rates in Srinagar

Below are the important factors that can change the petrol prices in Srinagar:

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 Srinagar

In Srinagar, diesel is generally cheaper than petrol. Refer to the table below for a clear comparison of the current market prices for both fuels:

Petrol Price (₹/Per Litre)	Diesel Price (₹/Per Litre)	Price Change
107.97	96.14	₹11.83

Understanding the Components of Petrol Pricing in Srinagar

The latest petrol price in Srinagar is influenced by several key components:

OMC Processing Cost: This includes the expenses oil marketing companies incur to refine crude oil into petrol and other products.International Crude Oil Prices: The global market rate of crude oil significantly impacts petrol prices.
Commission to Petrol Pump Dealers: The price includes the commission earned by petrol pump dealers from selling petrol.
Buffer for Future Inflationary Aspects: A buffer is added to account for potential future cost increases, such as changes in crude oil prices or refining processes.
Excise Duty + Road Cess: The Indian government imposes excise duty and road cess on petrol, contributing to the final retail price.
VAT (Value Added Tax) or Sales Tax: State governments impose sales tax or VAT on petrol, influencing the price.

Stay Updated: Latest Petrol Rates in Srinagar

Find out the latest petrol price in Srinagar:

State	Today’s Petrol Price (₹)
Srinagar	107.97

FAQs

What is the current price of petrol in Srinagar?

The current petrol price in Srinagar is ₹107.97

How often are petrol prices in Srinagar updated ?

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

What are the main determinants of Srinagars petrol prices?

The main factors that influence petrol prices in Srinagar include global crude oil prices, geopolitical events, demand and supply, and the USD-INR exchange rate.

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

Petrol prices in Srinagar are significantly affected by local taxes and levies, especially the Value Added Tax (VAT). These tax rates are also influenced by economic conditions and government policies.

Why are petrol prices different from diesel prices in Srinagar?

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

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

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

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

The price you pay for petrol at the pump in Srinagar includes many important factors. These are dealer commissions, refining costs from oil marketing companies (OMCs), excise duty, Value Added Tax (VAT), and the cost of crude oil.

What was the cost of petrol in Srinagar yesterday?

Yesterday’s cost of petrol in Srinagar was ₹107.97

Why do petrol prices change daily in Srinagar?

Petrol prices are adjusted every day due to many different factors, including the exchange rate between the rupee and the US dollar, international crude oil prices, supply and demand, and geopolitical events.