Bijnor (Uttar Pradesh) is famous for its agricultural as well as industrial production. This city is a major contributor to Uttar Pradesh’s economy. The city is facing a long-term crisis in fuel prices because there has been a steady rise in the petrol price in Bijnor. Fuel prices in Bijnor have been rising steadily due to an increase in fuel demand. The petrol and diesel prices have seen a hike of 15% or more since 2021.
The citizens are finding it tough to afford fuel and fuel-based transportation. These high prices have impacted the city’s economy, as people need to pay more for transportation. A hike in fuel prices also leads to a hike in commodity prices. The government has taken steps to lower the fuel prices in Bijnor. There has been a cut in taxes and the implementation of discount policies. This has helped reduce the fuel cost by a few rupees for a litre. More initiatives are required to minimise the costs further.
Petrol Price in Bijnor
The Petrol price in Bijnor today is around Rs. 94.43 a litre. Note that the petrol price in Bijnor includes the Uttar Pradesh state tax.
Bijnor’s Fuel Price Trend - December 2022:
In December, the petrol price in Bijnor was Rs 96.28 a litre. It fell about 0.53 per cent from the close of November (Rs 96.79 a litre).
In December, the highest rate for Petrol in Bijnor was Rs.96.86. This was a 0.63 per cent hike between the 1st to the 10th of December.
In December, the lowest rate for Petrol in Bijnor was Rs.96.25. This was a 0.63 per cent decline between the 1st to the 10th of December.
Diesel Prices in Bijnor
The Diesel price in Bijnor today is around Rs. 87.49 a litre. It saw a rise of +0.26 rupees. Note that, the state taxes of Uttar Pradesh are also included in the diesel price of Bijnor.
Bijnor’s Fuel Price Trend - December 2022:
In December, the diesel prices in Bijnor were at around Rs 89.47 a litre. There was a fall of 0.56 per cent from November’s close (Rs 89.97 a litre).
In December, the highest rate for Diesel was about Rs.90.04. This was a 0.67 per cent increase between the 1st to the 10th of December.
-In December, the lowest rate for Diesel was about Rs.89.44. This was a 0.67 per cent decrease between the 1st to the 10th of December.
Bijnor’s Fluctuating Fuel Prices
Fuel prices in Bijnor fluctuate for many reasons. Some of the main reasons behind this fluctuation are seasonal changes in economic policies, demand, global crude oil prices, government taxes, etc.
Seasonal changes in demand depending on the time of the year. The demand for fuel is high during the peak of summer, thus leading to a spike in petrol/diesel prices. On the contrary, during winter, there is a fall in demand for fuel, leading to a fall in its prices.
Economic policies of the government, for instance, increasing or reducing fuel taxes, could change the fuel prices in Bijnor. Global crude oil prices also affect the prices in the market. When the cost of crude oil sees a rise, the fuel cost also increases and vice versa. If the government increases or reduces fuel taxes, the prices of fuels will fluctuate accordingly.
Conclusion
It is quite easy to watch the daily fuel price in Bijnor with the help of the Park+ app. The app has a fuel price indicator which helps you stay updated and be aware of any hike in fuel prices.