Comparative Fuel Prices in South Asia: India vs Neighbors
Petrol, diesel prices hiked: What are the fuel rates in Pakistan, Nepal & Bangladesh? Check latest price comparision
The Economic TimesImage: The Economic Times
Following a recent hike, petrol prices in India have reached ₹97.77 per litre and diesel ₹90.67. In comparison, Pakistan has the highest fuel prices in the region at around ₹141 per litre for both petrol and diesel. Nepal and Sri Lanka also have higher prices than India, while Bangladesh's diesel prices are similar to India's.
- 01Petrol prices in Pakistan are approximately ₹141 per litre, making it the most expensive in the region.
- 02In Nepal, petrol costs around ₹134 per litre and diesel about ₹139 per litre, both higher than in India.
- 03Sri Lanka's diesel prices convert to nearly ₹137 per litre, also above Indian prices.
- 04Bangladesh has petrol priced at around ₹109 per litre and diesel at ₹90 per litre, with diesel nearly matching Indian rates.
- 05Bhutan's petrol and diesel prices are slightly higher than India's, at ₹102.28 and ₹98.19 per litre respectively.
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Following a recent increase, petrol prices in India have risen to ₹97.77 per litre and diesel to ₹90.67. This hike reflects global crude oil price pressures, with Brent crude recently surpassing $100 per barrel. In comparison, Pakistan currently has the highest fuel prices in the region, with petrol and diesel priced at approximately ₹141 per litre. Nepal's prices are also elevated, with petrol at around ₹134 and diesel at ₹139 per litre. Sri Lanka's diesel prices convert to nearly ₹137 per litre, while petrol remains higher than in India. Bangladesh presents a mixed picture, with petrol at ₹109 per litre and diesel closely aligned with Indian prices at ₹90 per litre. Bhutan's fuel prices are slightly above India's, with petrol at ₹102.28 and diesel at ₹98.19 per litre. The affordability of fuel varies significantly across these nations, influenced by income levels, taxes, and currency strength.
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The rise in fuel prices may lead to increased transportation costs, affecting daily commuting expenses for the public.
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