BAJAJ FINSERV DIRECT LIMITED

Petrol Price in Akola 

Discover the latest petrol price in Akola today, along with recent trends, and the major factors driving daily fuel rate changes before your next ride to the fuel station.

Petrol price in Akola

₹ 104.16 /Litre

(06 February 2026)

Last updated on: February 06, 2026

The petrol price in Akola changes daily based on India’s dynamic fuel pricing mechanism, which aligns retail fuel rates with international crude oil movements and currency fluctuations. Keeping track of the daily petrol rate helps residents, businesses, and travellers in Akola manage transport costs more effectively.

Petrol Price for last 10 Days in Akola

Here’s an overview of the petrol rate in Akola over the last 10 days. Daily changes are primarily influenced by global crude prices, the rupee-dollar exchange rate, and variations in taxes.

By reviewing these fluctuations, consumers can better understand price trends and plan their refuelling schedules efficiently.

Date

Price

Price Change

06 February 2026

₹104.16

₹0.0

05 February 2026

₹104.16

₹0.0

04 February 2026

₹104.16

₹0.0

03 February 2026

₹104.16

₹0.0

02 February 2026

₹104.16

₹0.0

30 January 2026

₹104.16

₹0.0

29 January 2026

₹104.16

₹0.0

28 January 2026

₹104.16

₹0.0

27 January 2026

₹104.16

₹0.0

21 January 2026

₹104.16

₹0.0

 

What Factors Affect Petrol Prices in Akola

The petrol rate in Akola is revised daily under India’s dynamic fuel pricing system. Key influences on these revisions include: 

  • Currency Exchange Movement

When the Rupee weakens against the Dollar, import expenses for crude oil rise, impacting domestic petrol prices. 

  • International Crude Oil Benchmarks

Petrol prices in Akola largely depend on global crude oil trends. Any increase in global crude costs raises the local fuel price. 

  • Taxation by Central and State Governments

Excise duty by the Central Government and VAT by the Maharashtra Government together account for a significant portion of the retail rate.

  • Dealer Margins

Fuel station operators earn a fixed commission per litre sold, which slightly contributes to the overall petrol price. 

  • Transportation and Storage Expenses

The cost of refining, transporting, and distributing fuel to retail outlets in Akola adds to the consumer price.

  • Demand Shifts and Local Factors

Agricultural demand and regional economic activities can influence short-term changes in petrol consumption, leading to minor price fluctuations.

How Often Are Petrol Prices Updated in Akola

The petrol price in Akola is revised daily at 6 AM under India’s dynamic fuel pricing system, which ties local retail prices directly to global crude oil and forex market trends.

Oil companies like IOCL, BPCL, and HPCL, update these rates simultaneously across all pumps in Akola to ensure fairness and transparency in fuel pricing. With these updates, consumers pay real-time market-reflective prices rather than outdated averages. 

Residents can stay informed about the latest petrol rates using official websites, mobile apps, or SMS services, enabling smarter budgeting and better fuel cost management.

What Is the Impact of Fuel Prices on Daily Budget in Akola

Rising petrol prices have a significant impact on the daily budget of individuals and businesses in Akola. 

  • Impact on Households: Increased fuel prices lead to higher commuting costs, affecting overall household savings.
  • Impact on Businesses: Logistics and transport-driven businesses face rising operational costs, often passing them to customers through higher prices.
  • Impact on the Economy: Fuel price hikes indirectly contribute to inflation, raising costs of goods and services across sectors.

Monitoring daily fuel rates helps both individuals and organisations plan travel, transportation, and expenses more effectively.

Tips to Save on Fuel Costs in Akola

Implementing fuel-efficient practices can help you save significantly on petrol expenses:

  1. Adopt Smart Driving Habits: Avoid rapid starts and stops to improve overall mileage.
  2. Service Your Vehicle Regularly: Well-maintained engines use less petrol and perform better.
  3. Maintain Correct Tyre Pressure: Proper air levels in tyres reduce rolling resistance and improve fuel efficiency.
  4. Avoid Overuse of Air Conditioning: Excessive cooling can strain the engine and increase petrol usage.
  5. Refuel Wisely: Choose fuel stations that offer discounts or loyalty points for extra savings. 
  6. Get a Fuel Credit Card: You can get extra discounts, and even fuel surcharge waivers with specific credit cards that provide special offers on fuel expenses. 

FAQs

Why does the petrol price change every day in Akola?

Petrol prices in Akola change daily under India’s dynamic fuel pricing mechanism, which reflects movements in international crude oil prices and fluctuations in currency exchange rates.

Petrol prices in Akola are determined by several factors including global crude oil costs, refining and transportation expenses, dealer commissions, and taxes such as Central excise duty and State Value Added Tax (VAT).

Minor variations in petrol prices across Akola occur due to differences in logistical costs, dealer margins, and the distance from refineries or fuel depots, which affect the final retail price.

The Goods and Services Tax (GST) does not apply to petrol. Instead, petrol is taxed separately under Central excise duty and State VAT, both of which influence the overall price paid by consumers.

You can save on petrol expenses by maintaining your vehicle regularly, driving at steady speeds, avoiding idling, keeping tyres properly inflated, and planning routes efficiently to reduce unnecessary fuel use.

GST is not applicable to petrol in Akola. Petrol continues to be priced under excise duty and VAT instead of the GST framework.

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