Petrol Price in Surat

Surat is known for its flourishing industries, cultural diversity, and strong economic presence. A key hub for trade and commerce, it relies heavily on transportation to sustain its dynamic lifestyle. This makes petrol prices in Surat a crucial factor in daily life, affecting personal travel, business logistics, and overall expenses.

Today Petrol Price in Surat

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Updated on: 2nd April, 2026

Gold Icon
  • Current Petrol Price Per Liter
  • â‚ı 94.35

    Price Change

Keeping track of today’s petrol prices in Surat is essential for planning budgets effectively. This guide will cover the current petrol prices, discuss factors influencing these rates, and explore historical pricing trends to give you a complete picture of fuel costs in Surat.

Historical Monthly Petrol Prices in Surat

Refer to the table below for an overview of historical monthly petrol prices in Surat, showcasing how prices have changed over time.

Overview of Petrol Prices in Surat

Petrol prices in Surat are determined by a mix of global and local factors, including crude oil rates, taxes, and distribution costs. Keeping an eye on petrol price trends ensures better financial planning for residents and businesses.

Key Factors Affecting Petrol Rates in Surat

The primary factors that affect the petrol prices in Surat are as follows:
  • 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 Surat

In Surat, diesel is usually cheaper than petrol. Check the table below to understand the difference between petrol and diesel prices in Surat.

Petrol Price (â‚ı/Per Litre)Diesel Price (â‚ı/Per Litre)Price Change
94.3590.04â‚ı4.31

Understanding the Components of Petrol Pricing in Surat

Here are the main factors that impact the petrol price in Surat.
  • Global Crude Oil Prices: Changes in international crude oil prices directly affect domestic petrol costs due to India's reliance on imported oil.Dealer Commissions: Commissions earned by fuel dealers are included in the retail price consumers pay at the pump.
  • Inflation Buffer: Oil marketing companies often include an inflation buffer within petrol prices to account for potential future cost increases.
  • Value Added Tax (VAT) or Sales Tax: The VAT or sales tax set by state authorities plays a crucial role in determining the final petrol price and can vary by region.
  • Oil Marketing Company (OMC) Processing Cost: The expenses incurred by OMCs for refining and distributing petrol significantly impact final retail pricing.
  • Excise Duty and Road Cess: Taxes imposed by the central government contribute to the overall cost of petrol for consumers.

Stay Updated: Latest Petrol Rates in Surat

Stay updated on the latest petrol rates in Surat by referring to the table below.

StateToday’s Petrol Price (â‚ı)
Surat94.35

FAQs

What is the current price of petrol in Surat?

The current petrol price in Surat is â‚ı94.35

How often are petrol prices in Surat updated ?

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

What are the main determinants of Surats petrol prices?

The primary determinants in Surat include global crude oil prices, local taxes such as VAT and excise duty, dealer commissions, and processing costs from oil marketing companies.

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

Local taxes like VAT and excise duty significantly influence overall petrol costs, constituting a substantial portion of what consumers pay at the pump.

Why are petrol prices different from diesel prices in Surat?

Petrol prices are typically higher than diesel due to differing taxation structures and variations in production costs associated with each fuel type.

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

Generally, the petrol price in Surat is higher than the diesel price

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

In Surat, the retail price of petrol consists of several components: base price set by oil marketing companies based on international crude oil rates, transportation costs, dealer commissions, and applicable taxes like excise duty and VAT.

What was the cost of petrol in Surat yesterday?

Yesterday’s cost of petrol in Surat was â‚ı94.35

Why do petrol prices change daily in Surat?

India's dynamic pricing system adjusts petrol prices daily. This ensures local prices align with global crude oil prices and other market factors.

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

Petrol prices in Surat is updated daily at 6 am.

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

The current price of 1-litre petrol in Surat is â‚ı94.35.