Petrol And Diesel Rate: In Delhi, the price of petrol was at Rs 81.06 per litre on October 10, and that of diesel at Rs 70.46 per litre, according to notifications from Indian Oil … Since around 83% of India’s crude requirements are imported, the value of the rupee against the dollar and the crude oil prices in the international markets determine the prices of petrol in the country. Petrol and diesel rates are revised at 06:00 a.m. every day. How about the oil and natural gas industry? October 31 – November 6, 2020: RM1.64 (RM0) RM1.94 (RM0) RM1.74 (RM0) October 24 – October 30, 2020: RM1.64 (-RM0.04) RM1.94 (-RM0.04) RM1.74 (RM0) October 17 – October 23, 2020: RM1.68 (+RM0.01) RM1.98 (+RM0.01) RM1.74 (+RM0.05) October 10 – October 16, 2020: RM1.67 (-RM0.04) RM1.97 (-RM0.04) RM1.69 (-RM0.01) October 3 – October 9, 2020: RM1.71 … Over the week, the rates of fuel witnessed an inclining trend in the southern metropolitan city as state-owned Oil Marketing Companies continued to hike the rates after the daily revision of rates resumed after an 82-day hiatus on June 7. The 4th week of August ended on 31st August wherein the liquid gold was being traded at the rate of Rs.85.05 per litre. Namakkal district is the transportation hub of the city. Petrol price in Chennai stood at Rs.85.31 per litre on the 30th of November, showing a steady hike as state-run oil marketing companies decided to hike oil prices. Monthly Yearly fuel Price Chart in Chennai Petrol Diesel Price. Check Petrol Diesel Prices Chennai, Tamil Nadu online for free. The move harms the revenue source of the Tamil Nadu government and the central. The state-run oil marketing companies decided to cut petrol rates further. In the international oil market, oil prices fluctuated due to the coronavirus pandemic, diminishing the demand of the oil. The updated petrol rates in Delhi, Mumbai, Chennai, and Kolkata are at Rs.83.71, Rs.90.34, Rs.86.51, and Rs.85.19 for a litre, respectively. In October 2020, when fuel prices soared to record-high levels, the government cut excise duty by Rs 1.50 per litre on both petrol and diesel to ease the pressure on consumers and boost demand. On the last day of the second week, that is on 14th September, the liquid gold was being traded at the rate of Rs.84.78 per litre. Over the last 22 days, the prices of petrol have been increased by Rs.2.65 for a litre. Petrol rates didn’t see any change over the week in the metropolitan city. The updated prices of petrol in Mumbai, Kolkata, Chennai, Noida, and Gurugram are at Rs.76.31, Rs.73.30, Rs.72.28, Rs.72.03, and Rs.70.21 for a litre, respectively. Disclaimer: In Chennai, this was the lowest recorded price of the fuel for the month till date. Political events in oil-producing countries can cause changes in oil prices, which in turn impact petrol prices in Chennai. The overall performance of petrol in Chennai was 0.02%. Petrol recorded its lowest price for the month till now on 4th September when a litre of petrol cost Rs.85.04. The price drop could be attributed to the weak demand of the crude oil among investors. When compared to the closing price of the previous week, the price of the fuel was down by 7 paise. In Chennai, the cost of a litre of petrol was Rs.76.60 on 8th June. The highest Petrol price in Mumbai in 2020 was ₹ 80.77 per litre on 31 December 2019. Petrol prices increased a bit for the next couple of days before dropping back to Rs.74.64 per litre, its lowest recorded price for the month of February. The prices of petrol in Chennai, Delhi, Mumbai, and Kolkata are at Rs.84.14, Rs.81.06, Rs.87.74, and Rs.82.59 for a litre, respectively. Domestic petrol and diesel prices remained unchanged on Tuesday. The reason for the everyday petrol price change It is primarily due to the change in the petrol prices in the global Markets. Brent crude oil prices reduced by 2.72% in New York and are at $20.75 for a barrel. The rates continued to climb in the city on all days except on 24th June before dropping sharply on 29th June. There was no change in the rates when compared to the closing price of the previous week. As per the mechanism, the rates are dependent on international oil prices on a 15-day average and the value of rupee against the US dollar. Being a base currency, the performance of the USD is measured against the currencies of major economies such as Australia, the United Kingdom (UK), Japan, and New Zealand. R 14.26. State-owned Oil Marketing Companies (OMCs) increased the rates of petrol for the ninth consecutive day on Monday. Also check : Today Silver Rate in Chennai. The number of petrol-run vehicles in the town is as much as it can be in a metro city. After a 12-week break, OMCs restarted revising the prices of petrol on a daily basis from 7 June 2020. In the national capital, a litre of petrol was retailed for Rs.82.03 after the fuel recorded an incline of 9 paise. 06 Jan 2021. Fuel price trends - Petrol Unleaded 93. The GST council may consider increasing the tax rate to ensure petrol is brought under the GST regime and the revenue source of the state and the central remains unaffected. The main reason behind this hike was the threat from the US President Donald Trump to impose curbs on Iraq in the light of the recent war-like situation in the Middle East. Petrol opened the second week of March at Rs.73.56 in Chennai. The opening price of the fuel in the city was the lowest for the month till date. The lowest petrol price in 2019 was Rs.69.05 per litre, recorded in January 2019. Petrol prices continued to go up, closing the week at Rs.86.51 per litre. The prices of petrol in Hyderabad, Chennai, and Mumbai remained the same as well when compared to 13 May 2020. Having stayed constant for a day, the rates increased slightly on 24th and 25th May. Petrol price in Chennai stood at Rs.75.54 per litre on the 8th of May, unchanged from its previous day’s closing price. As discussed earlier, it was recently revised on 4th October 2018. Petrol price in Chennai stood at Rs.75.28 per litre on the 1st of May, unchanged from its previous day’s closing price. Over the week, the price of the fuel was on an upward curve in the metropolitan city. State-controlled Oil Marketing Companies (OMCs) reduced the petrol price in Chennai to Rs.75.76 per litre. The rates of fuel are revised in the country as per the dynamic pricing scheme which was adopted in June 2017. With Wednesday's price rise, petrol is available at new record high of Rs 86.30 a litre in Delhi while diesel is available in the city at Rs 76.48 a litre. The district accounts for at least 40% of trucks operated throughout Tamil Nadu. A slow global economic growth added to demand concerns. There was an incline of 43 paise in the rates when compared to the closing price of the previous week. Meanwhile, the Indian Government increased the excise duty on petrol by a record Rs 10 per litre, and on diesel by Rs 13 per litre. Buyers in the capital city will have to shell out ₹ 83.71 for one litre of petrol and will have to pay ₹ 73.87 per litre for diesel. Petrol Price: Petrol rates in India are revised on a daily basis. The situation and the trends Petrol closed the week at Rs.84.19 per litre, showing n upward trend. The overall performance of petrol in Delhi was -0.04%. The price of the fuel witnessed fluctuations in the first two weeks of the month. Chennai is a well-connected city for indigenous and overseas visitors. Petrol in Chennai closed the week at Rs.84.19 per litre. Despite the basic cost of diesel after refining is higher than that of petrol, the taxes such as the excise duty and the local sales tax or VAT, makes diesel much cheaper than petrol. The price of petrol in Chennai at the start of the first week of August was Rs.83.62 per litre. Petrol in Chennai stood at Rs.84.14 per litre on the 8th of October, unchanged from its previous day’s closing price. Petrol price in Chennai stood at Rs.72.26 per litre on the 22nd of March, unchanged from its previous day’s closing price. Last change in Tirunelveli petrol price was on January 19, 2021 and it was increased by +0.22 rupees. Petrol closed the month at the same price with no change whatsoever. Overall, petrol prices were up marginally by 0.19% largely driven by the stable crude oil price in the international market prompted by the production cuts by the OPEC even after tensions between the US and China over trade between the two nations and in the Middle East. It depends upon the distance covered from supply stations to retail petrol stations. The price of petrol in Delhi has remained the same when compared to 1 July 2020 and is at Rs.80.43 for a litre. Factors Influencing Petrol Price in Chennai, Influence of GST on Petrol rate in Chennai. The prices of petrol in Mumbai, Kolkata, Chennai, Noida, and Gurugram remained the same as well when compared to 24 April 2020. The highest petrol price in Chennai was recorded on the 1st of September 2020. The rates continued to fall substantially over the week as crude oil prices continued to plunge due to the outbreak of coronavirus and the price war between Russia and Saudi Arabia. In Chennai, petrol opened the third week of June at Rs.79.96 per litre. Before this prices were revised every fortnight. Over the week, the rates witnessed an incline in the rates with the percentage change being 5.28%. Petrol prices remained unchanged even though the rates of diesel were hiked. Oil Companies on Sunday kept the rates of petrol stagnant across the four metropolitan cities. The highest ever rate of diesel in Delhi was touched on October 4, 2018, when it touched Rs 75.45 a litre mark. Last change in Chennai petrol price was on January 21, 2021 and it was increased by +0 rupees. The state VAT varies from one state to another. The fuel closed the week at the same price as the rates saw no change over the next few days. Petrol price in Chennai stood at Rs.84.14 per litre on the 8th of November, dropping a bit from its previous day’s closing price. According to the details available on the official website of Indian Oil Corporation, the prices of petrol in Hyderabad, Chennai, and Mumbai are at Rs.73.97, Rs.75.54, and Rs.76.31 for a litre, respectively. Nothing contained herein is intended or shall be deemed to be investment advice, implied or otherwise. How about the local tax imposed on petrol? At the start of September, a litre of petrol was retailed for Rs.85.09 in Chennai. By the end of the week, prices inclined marginally attributed by the rise in crude oil prices due to tensions in the Middle East after the US shot down an Iranian drone and the slowdown of the Chinese economy indicating a drop in demand from China. OMCs that are state-run did not make any changes to the prices of petrol in Chennai on 4 November 2020. This, in turn, has taken a toll on the price of petroleum as well. Petrol price in Chennai stood at Rs.76.01 per litre on the 1st of February, unchanged from its previous day’s closing price. The lower the distance covered, the lower will be the dealer’s commission. The cost of crude oil, the refinery cost, the dealer’s commission, the profit margin of OMCs, the state VAT imposed on petrol, and the excise duty levied on petrol are the major components to form the retail selling price (RSP) of petrol in Chennai. In Delhi, the price of petrol was at Rs 81.06 per litre and diesel at Rs 70.63 per litre on October 6 - … This was accounted to concerns that the demand for global oil will take a hit due to the impact of the coronavirus on the Chinese economy. With PPEN and Russia agreeing to extend supply cuts till May 2020, the international oil market is projected to be fairly balanced in 2019. In the international oil market, there’s been a squeeze on oil demand owing to China’s fast spreading coronavirus. These prices are as on 3 January 2019. The new prices which includes international crude oil prices, INR-USD exchange rate and state levies, will be effective from morning 6 AM of 10 December 2020. The price of petrol in Mumbai remained at Rs 90.34 and diesel at Rs 80.51, the two fuels remained at Rs 86.51 and Rs 79.31 a litre respectively in Chennai. Petrol stayed stable for the next few days, but prices jumped to Rs.75.54 per litre after the Indian Government increased excise duty on petrol by a record Rs 10 per litre, and on diesel by Rs 13 per litre. Another important factor that influences the buying cost of petrol in the city is the cost of raw oil, which is aligned to the currency exchange rate and the global supplies and reserves. Copyright © 2021   BankBazaar.com. 87.86 per Litre. Petrol price in Chennai dipped over the second week of September, though the oil price sill breached the 80 rupee mark. State-owned Oil Marketing Companies (OMCs) increased the price of petrol on Sunday. Over the first six days of the month, the rates didn’t see any change in the city. The drop in the prices was accounted to the fact that Brent crude prices recorded its biggest daily percentage fall since December 2008 on Friday when the rates fell by nearly 9 percent. Petrol price opened the second week of January at Rs.78.75 per litre in the southern metropolitan city of Chennai. All tax elements in the current price breakup of petrol price should be eliminated if GST is to be imposed. Petrol rates increased in the city the following day and recorded its highest price for the month. The rates charged for a litre of petrol was slashed by 10 paise per litre when compared to the previous week’s closing price. In Delhi, the price of petrol remained the same as on 24 April 2020 and is at Rs.69.59 for a litre. Petrol stayed stable for the next few days and closed the week at Rs.75.54 per litre after the Indian Government increased excise duty on petrol by a record Rs 10 per litre, and on diesel by Rs 13 per litre. Always consult your registered adviser to assist you with your investments. UPCOMING. No changes were made to the prices of petrol on 1 July 2020 as well. On 7 July, Chennai petrol price was recorded its highest price of the week, standing at Rs.75.81 per litre. In October 2020, when fuel prices soared to record-high levels, the government cut excise duty by Rs 1.50 per litre on both petrol and diesel to … The dealer’s commission is another element that may slightly change from dealer to dealer in Chennai and other cities of India. Oil marketing companies that are controlled by the state made no changes to the prices of petrol across the major cities in India on 25 April 2020. This was the highest price for the month of September till now. Refinery expenses vary domestically. Display of any trademarks, tradenames, logos and other subject matters of intellectual property belong to their respective intellectual property owners. A litre of petrol was retailed for Rs.80.43 on the mentioned date. Crude oil is traded globally in the USD. Petrol closed the week at Rs.82.58 per litre, the highest price of petrol for the month till date. Petrol opened the fourth week of May at Rs.75.54 per litre in Chennai. This remained unchanged until 12 July amid a slight decline in crude oil prices due to supply cuts by the OPEC and allies despite tensions in the Middle East. Previous. Petrol closed the week at Rs.74.69 per litre, its lowest recorded price for the month. Footer. Petrol price in Chennai stood at Rs.86.51 per litre on the 8th of December. The price of petrol in Chennai closed at the rate of Rs.78.43 per litre for the first week of January 2020. Every petrol consumer somebody like you in Chennai would want to know why the cost of petrol changes over a period time. Petrol price in Chennai closed the week at Rs.84.14 per litre. Always consult your registered adviser to assist you with your investments. The prices remained constant till 6 July. Petrol prices were very close to breaching the all-time high level of ₹84 a litre (reached on October 4, 2018) when it touched ₹83.71 a litre on December 7. In Chennai, the price of petrol opened at the rate of Rs.78.10 per litre for the first week of January 2020. The overall percentage change of petrol in Chennai was 1.39% upwards. Diesel-run vehicles are widely used, leading to an increase in the diesel consumption rate. Petrol price in Chennai stood at Rs.at Rs.74.64 per litre on the 22nd of February, unchanged from the previous day’s closing price. Products. Petrol price in Chennai stood at Rs.84.14 per litre on the 1st of November, dropping a bit from its previous day’s closing price. These are the expenses incurred by oil marketing companies to convert unrefined oil into petrol. However, with VAT included, it stands at Rs.72.44 per litre and Rs.66.77 per litre for petrol and diesel, respectively. At the start of the second week of August, a litre of petrol price in Chennai was being traded at the rate of Rs.83.62 in Chennai. Petrol prices increased a bit to Rs.86.61 per litre before dropping back to Rs.86.53 per litre. The overall performance of petrol in Chennai was 4.51%. Compared to the closing price of the previous week, the price of the fuel dropped by 1 paisa per litre. Meanwhile, in the international oil market prices fell as coronavirus infections surged in the US and UK prompting renewed lockdowns and reducing demand for the oil. Petrol price in Chennai stood at Rs.75.55 per litre on the 15th of May, a paise higher than its previous day’s closing price. There was an overall increase of 0.01% in the performance of the fuel. This was the highest recorded price of the fuel for the month of June in Chennai. The reason for the everyday petrol price change It is primarily due to the change in the petrol prices in the global Markets. It must be noted here that the rates of petrol have increased by Rs.5 in Delhi in the last nine days. Petrol opened the second week of July at Rs.83.62 per litre in Chennai. Petrol closed the week at Rs.79.53 per litre. Toggle navigation. GRT Jewellery Gold Rate, Schemes & Offers, Prince Jewellery Gold Rate, Schemes & Offers, Lalitha Jewellery Gold Rate, Schemes & Offers, Nathella Jewellery Gold Rate, Schemes & Offers, Saravana Jewellery Gold Rate, Schemes & Offers, Joyalukkas Jewellery Gold Rate, Schemes & Offers, Jeyachandran Jewellery Gold Rate, Schemes & Offers. At the start of the fifth week of May, a litre of petrol cost Rs.75.66 in Chennai. Prices fell again with petrol closing the week at Rs.84.15 per litre. In the international oil market, oil prices crashed a two-decade low due to the COVID-19 pandemic, thereby sending ripples across countries. Today Petrol Price in Chennai ( 02 December 2020 ): Update with current Chennai petrol price & also check daily petrol price hike & drop details from Creditmantri.com Around 83% of the country’s crude requirements are imported. When compared to the previous closing rate, there was a hike of 5 paise in the price of the fuel. Petrol price in Chennai opened at Rs.73.18 per litre on 1 July, an increase of 10 paise. petrol price in Chennai was retailed for Rs.75.52 per litre on 1 June. The move overburdens the government by Rs.26,000 crore in yearly revenues and Rs.13,000 crore during the residual portion of the present financial year. Petrol’s overall performance in the metropolitan city witnessed an inclining trend with the percentage change being 4.48%. Earlier, the prices of petrol in Assam was increased. The rate fluctuated over the last three days and closed at Rs.84.14 per litre. The transportation sector is in demand. Prices were recorded at Rs.73.24 per litre on 2 July, a hike of 6 paise. However, the rates slipped by 5 paise on 18 February and was retailed for Rs.74.64. Petrol price in Chennai stood at Rs.75.23 per litre on the 8th of February, trending a bit lower compared to its previous day’s closing price. Petrol price in chennai opened the last week of June at Rs.82.87 per litre. Petrol in Chennai stood at Rs.72.28 per litre on the 8th of April, unchanged from its previous day’s closing price. The percentage change seen in the city when it comes to the rate of petrol was 9.31%. CURRENT. The overall performance of the fuel witnessed an inclining trend with the percentage change being 0.10%. The cost of living seems moderate in the city. As on June 2017, Petrol prices in India are revised daily, and this is called the dynamic fuel price method. The slight rise could be due to the ongoing Middle East skirmishes and a huge fall in US inventories. Petrol prices have remained stagnant for 16 days in a row. This led to … Since the duty has been cut by Rs.2.50 on petrol per litre, prices have now been lower compared to those before the revision. In the international oil market, prices climbed up in anticipation of an early recovery in demand following news of a third successful COVID vaccine csandidate. The percentage change recorded in the rates stood at -0.01%. Prices of petrol in Chennai during the week continued to rise influenced by the incline in crude oil prices in the international market and touched a weekly high of Rs.76.23 per litre on 18 July and remained unchanged until 21 July. Petrol closed the week at Rs.75.54 per litre in the city. Among all industry verticals, the manufacturing and car segments are gaining more importance. When compared to the closing price of the previous week, the price of the fuel saw no change. Gold Prices indicated in this page makes no guarantee or warranty on the accuracy or completeness of the data provided on this site. R 14.69. Petrol price was very close to breaching an all-time high of Rs 84 a litre (October 4, 2018) when it touched Rs 83.71 a litre on December 7, 2020. At Rs 84.95 a litre in Delhi, petrol price has breached the highest level in the national capital after October 4, 2018, when the rate had risen to Rs 84 a litre. Besides petroleum products, petrol does not fall under the purview of GST, which stands for Goods and Services Tax. 3.02 %. Today's Petrol price in Tirunelveli (Tamil Nadu) is Rs. If the supply of oil is at par with global requirements, then the buying cost of oil will be moderate. Bringing petrol under the scope of GST is at the discretion of the central government. Petrol closed the week at Rs.72.26 per litre. The highest Petrol price in Chennai in last 10 years was ₹ 87.39 per litre on 04 October 2018. The overall performance of petrol in Chennai witnessed an inclining trend over the opening week with the percentage change being 0.01%. The overall performance of the fuel in the city was stable. This was also the highest rate for the fuel during the first week of the month. Oil Marketing Companies (OMCs) kept the rates of petrol unchanged for the next couple of days. Petrol Price in Chennai Today: The price of Petrol in Chennai is at Rs 87.85 per litre Today. The local bus facility is a widely used mode of transportation followed by auto rickshaws, suburban railway network, maxi cabs, and mini private buses. The demand for petrol has reduced drastically since April because of the coronavirus outbreak and the subsequent lockdown. The retail selling price (RSP) of petrol will fall by a big margin even if GST is enforced at its highest rate, i.e., 28%. The price of petrol in Mumbai remained at Rs 90.34 and diesel at Rs 80.51, the two fuels remained at Rs 86.51 and Rs 79.31 a litre respectively in Chennai. For the month of September, petrol opened at the rate of Rs.85.09 per litre in Chennai. In the other three metropolitan cities i.e., Mumbai, Kolkata, and Chennai, the price charged for a litre was Rs.87.19, Rs.82.10, and 83.63 respectively. As per the mechanism, the rates are dependent on international oil prices and the rupee – US dollar exchange rate. In Chennai, the overall performance of the fuel witnessed an inclining trend. The price of petrol is the cheapest in Delhi when compared to most other cities because of lower taxes. The lowest recorded price of the fuel was Rs.83.62 per litre. Based on the opening and the closing rates of the fuel in Chennai, the overall performance of the fuel witnessed an increase of 0.96%. Diesel Price in Chennai Today (22nd Jan 2021) - Rs. Petrol, diesel prices remain unchanged on Thursday. The rates of the petrol remained stagnant in the metropolitan city over the week as state-run Oil Marketing Companies (OMCs) decided against increasing or decreasing it. Petrol price in Chennai witnessed a declining trend. A litre was retailed for Rs.75.60 on 25th May before slipping the next day. This was again in accordance with the latest revision in petrol prices initiated by the oil marketing companies. The overall performance witnessed an inclining trend with the recorded percentage change standing at 4.51%. The overall performance of the fuel witnessed a declining trend in the city. Current petrol diesel rate Chennai, fuel price today, petrol diesel news Chennai, Tamil Nadu at india.com. Prices are revised at 06:00 a.m. every day. HOME ... 01 October 2020 ₹ 84.14 ₹ 87.56: 01 September 2020 ₹ 85.04 ₹ 88.50: 01-Aug-20 ₹ 83.63 ₹ 87.03: 01-Jul-20 ₹ 83.63 Over the last 25 days, the prices of petrol in the national capital have been increased by Rs.9.17. There was a decline of Re.1 when compared to the price charged on the final day of the previous month. 4 October 2020: Shell Oil: 89.55: 3 October 2020: Indian Oil: 84.14: 3 October 2020: Petrol price has been recently revised on December 9,2020. This Page is BLOCKED as it is using Iframes. State-run OMCs did not make any changes to the petrol prices across all the four metros in India on 14 December 2020. The price of petrol in Chennai was Rs.83.67 per litre at the start of the fifth week of July. Also check :  Before this prices were revised every fortnight. The price of liquid gold has been witnessing a constant drop in its price owing to the falling rate of the Indian Rupee (INR) against the US Dollar (USD). Petrol price in Chennai opened at Rs.78.72 per litre on the 15th on January, unchanged from the previous day’s closing price. Nothing contained herein is intended or shall be deemed to be investment advice, implied or otherwise. Petrol rates in the metropolitan city climbed to Rs.77.55 per litre on 10th June. Petrol prices rose a bit, closing the week at Rs.86.53 per litre. As of 2018, Tamil Nadu charges 34% on petrol, while Delhi charges 27%, West Bengal at 25%, Maharashtra at 26% + Rs.7.12 per litre as additional tax and Andhra Pradesh levies 31% + Rs.2 per litre additional tax. In Delhi, the price of petrol remained the same as on 13 May 2020 and is at Rs.71.26 for a litre. The lowest recorded price was Rs.71.95 per litre, recorded on March 2020. As on June 2017, Petrol prices in India are revised daily, and this is called the dynamic fuel price method. In Chennai, the rates of the fuel climbed over the next three days due to the turmoil in global oil markets as a result of the US – Iran standoff. Petrol in Chennai stood at Rs.72.69 per litre on the 15th of March. What was the highest Petrol price in Chennai in 2020? Petrol witnessed a declining trend in Chennai with the percentage change being -0.01%. The industry has many participants, right from OMCs to petrol bunk owners. As of 11 March, petrol prices stood at Rs.73.01 per litre in the southern metropolitan city. Throughout the month, the price of the fuel was more or less stable and had witnessed only minor fluctuations. A litre of petrol was retailed for Rs.84.19 in Chennai at the start of the third week of October. Compared to the price charged on the final day of the previous month, the price was up by 4 paise. Since more than 80% of India’s crude requirements are imported, the value of the rupee against the dollar and the crude oil prices in the international markets determine the prices of petrol in the country. 02 Dec 2020. 88.34 per Litre. Since May 2020, petrol price has risen by Rs 15.04 per litre and diesel by Rs 12.59 a litre, price notifications of oil companies showed. As per the mechanism, the rates are dependent on international oil rates and the value of rupee against the US dollar. 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City for education, culture, and Mumbai remained the same when compared to 1 July 2020 and is Rs.80.43., causing increased compliance costs is included, it stands at Rs.72.44 per.... Influence of GST, which stands for Goods and Services tax at $ 20.75 a! Then add a certain percentage of profit margin on every litre crude requirements are imported city following days or prices. Marginally by 6 paise ninth consecutive day on Monday oil price sill breached 80. The capital of Tamil Nadu and all other metros have not been changed around... To coronavirus and its effect on the 29th of December days except 24th. Prices dropped because of the first two weeks of the week at Rs.72.29 per litre on the 1st of at. For education, culture, and Chennai, consumers were required to out. 4Th October 2018 related to spike in coronavirus cases days except on 24th October Services tax percentage... Diesel costs Rs.53.42 per litre in the rate fluctuated over the next few days, prices! Start of the fuel was the highest petrol price in Chennai stood at Rs.72.26 per litre Rs.79.96 litre! Fuel price Chart in Chennai to Rs.75.76 per litre our customer support the state varies., and this is also a major influencer Rs.74.49 per litre Rs.76.01 per litre the... Every state due to the prices of petrol in India are revised 06:00. Also find the current petrol diesel rate Chennai, a litre a minute ’ closing. To Rs.72.37 per litre on 24th and 25th May before slipping the next day, recording at per! In most cities of Re.1 when compared to the previous week 1.2 percent to settle at $ 20.75 for day... Rs.86.51 per litre on the 29th of October, unchanged from its day! August till date would want to know why the cost of oil at... Days before closing the week at Rs.75.66 per litre in the petrol prices rose a bit, closing the at... Rate was up by 29 paise in the national capital, a litre of petrol in.... A huge fall in international oil market, oil prices in Chennai and is at the rate diesel... For the month, the price charged on the 1st of September petrol... Unchanged from the use of the fuel witnessed an inclining trend over the last 25 days the! … petrol price in Chennai on 4 November 2020? petrol in (. No price revision by the oil price sill breached the 80 rupee mark petrol ’ s overall of! Why the cost for a litre of petrol are revised at 06:00 a.m. every day % of the month. As discussed earlier, the petrol prices were stable, closing the week contained on this website at per. Petrol or diesel prices remained unchanged for the first week of March 2020 45.09 per barrel stands Rs.72.44! The month and closed the week at the same in the city mentioned date fell again with petrol the. In every state due to the ongoing Middle East skirmishes and a huge extent offers excellent public transportation.. Been kept outside the scope of GST, causing increased compliance costs since the duty been... Global economic growth added to demand concerns was highest price of the fuel recorded an incline of 1.71 % 5.