January 27, 2021

petrol price in chennai today

The smartphone application of Indian Oil enables individuals to search the latest fuel rates, so before going out for a refill, they have an idea about the latest price trend. The My HPCL application offers Outlets & Services, My Vehicle, Alerts, customer service line, Reviews, Help & Tips and also offers access to Insurance Renewal (with partner company), DTPLUS (HPCL Loyalty Program for fleet operators) and HPGAS (LPG) in addition to providing varying fuel prices for the fuel consumers of Chennai. Petrol price in Chennai was however not lowered in reflection to the change in global rates. Analysts are expecting the prices to curb down from the suspected global economic slowdown. Among these include the behaviour of crude oil in the global markets and also the movement of the currency. An unexpected fall in the US oil inventories and production pushed the rates higher. A pop up will open with all listed sites, select the option “ALLOW“, for the respective site under the status head to allow the notification. Do you want to clear all the notifications from your inbox? The petrol and diesel rates of all metro cities such as Mumbai, Delhi, Kolkata, Bengaluru, Chandigarh and more had started the mechanism of Dynamic Fuel Pricing on June 2017. By FPJ Web Desk. Diesel prices were also cut by a similar margin today. To start receiving timely alerts, as shown below click on the Green “lock” icon next to the address bar. Total number of Petrol Pump In Chennai is 116. Petrol prices in Chennai have been turning more volatile, as prices of crude oil have been showing a firm trend. Check out last 30 days Petrol Price in Chennai However, the increase in oil outputs from the United States has helped to offset the supply cuts. The rupee has also moved lower against the dollar, which has made petrol prices in Chennai more expensive than before. on August 04, 2020 is 83.63 Rs./Litre. 87.85 Per Litre and diesel price is Rs.80.67 Per Litre and kerosene price is Rs. Below covered are the mobile apps through which you can keep track of the latest fuel price on a daily basis from your comfort. Methods such as mobile applications, SMS services and official web portal of the specific oil company are the ways through which you can find the correct fuel price of your city. Once the changes is done, click on the “Save Changes” option to save the changes. The implementation of the current rate structure in case of decline would result in a "severe decline" in state government revenue. In Delhi, petrol today retailed at 70 a litre while in Kolkata ₹ 72.7 a litre, in Mumbai ₹ 75.7 a litre and in Chennai ₹ 72.71 litre. Petrol price in Chennai today was increased to Rs 75.57 per litre even as international rates fell and the rupee strengthened. With rupee sailing strong for nearly two weeks, it is likely that the fall in petrol price in Chennai today was a result of it. The mobile apps enable customers to check on-the-go petrol prices and also one can access the latest fuel rates through SMS services or by visiting the website of a particular oil firm as we have discussed above. Traders are concerned that the demand for oil in parts of Europe and Asia would not rise if not lower. However, the fuel rates vary from states to states due to local tax and other charges. What was the highest Petrol price in Chennai in 2021? In addition to petrochemicals, GST, which stands for Goods and Services Tax, does not cover petrol. Slower growth in the world economy is bad for oil demand, thus pushing its prices lower. Here click on the “Settings” tab of the Notification option. For Indian Oil- 9224992249, Bharat Petroleum-9223112222, Hindustan Petroleum-9222201122. In Chennai, petrol and diesel prices are at Rs 88.29 and Rs 81.14 per litre. Earlier today it rose to a four-month high of $68.20 a barrel. However, now we have petrol rates in Chennai changing on a daily basis. Petrol rate in Chennai Tamil Nadu today In Chennai, the petrol price per litre costs Rs. Unexpected production disruptions added to the ongoing planned supply cuts from the OPEC (Organisation of Petroleum Exporting Countries) and sanctions from the US on Iran and Venezuela. Petrol, diesel prices today: Check fuel prices in Delhi, Mumbai, Chennai and Kolkata In the national capital, petrol was sold at the record high level of Rs 84.70 per litre. In Chennai and Kolkata, petrol was sold at Rs 87.40 and Rs 86.15 per litre respectively. It is at the authority of the central government to carry petrol under the framework of GST. Petrol consumers of Chennai can easily check the latest petrol price of city from the comfort of their home. Petrol price in Chennai today was increased to Rs 75.43 per litre despite a fall in international crude oil rates. Chennai Petrol Price takes effect at 6AM today. There was no change in retail price of auto fuels with price … To pile on to the fears of the global economic slowdown was the release of grim manufacturing data from Germany and the US. The present pricing system was introduced and implemented by the Government of India in mid-June 2017. The hike in petrol price in Chennai today appears to be a result of the rise in the benchmarks in the previous trading day. You may avail various cashback offers by card payment or pay using cash. Demand for the petrol is day by day increasing the number of the vehicle are increasing. After a report said the OPEC's panel meeting on Monday to review progress with an OPEC-led supply cut deal is recommending the producers cancel a policy meeting that was scheduled for April, caused the prices to go lower. In the past, the petrol prices in the country were centralized and changed every fortnight. Additionally, the massive blackout from the economic and political crisis in Venezuela has caused production and export disruption in the country. Scroll down the page to the “Permission” section . On Wednesday, a Thomson Reuters/INSEAD survey found that Asian business confidence held near three-year lows in the first quarter from the US-China trade dispute that was dragged on. One of the other reasons for the sudden rise of the petrol prices in Chennai is, of course, the impact of the global scene. The lowest Petrol price in Chennai in 2021 was ₹ 72.26 per litre on 16 March 2020. Consumers of Indian Oil can download and use the 'Fuel@IOC' app, while buyers of Bharat Petroleum can use the 'SmartDrive' app and petrol customers of Hindustan Petroleum can install and launch the 'MY HPCL' app to record the transparent petrol price of Chennai. In Kolkata, the prices of petrol and diesel are at Rs 87.11 and Rs 79.48 per litre respectively. What was the highest Petrol price in Chennai in last 5 years? Apart from the global rate of crude, the foreign exchange rate also impacts the price at which fuel is sold in India. Petrol price in Chennai today remained at Rs 75.60 per litre as international oil prices slipped from their four-month highs on Tuesday, but still hovered near their 2019 peaks as supply cuts led by producer club OPEC remain. The fuel's rates were reduced despite an increase in international rates to their 2019 highs. Get the latest chennai petrol price. Chennai Petrol Rates history. So India needs to import it, and for importing crude, we need to pay for it. PMI data released in Germany and France further disappointed traders as the slowdown concerns have moved to all the major parts of the world. /Ltr SmartDrive is configured to collect information about consumers and vehicles so that the BPCL can give you daily updates about your vehicle's PUC, insurance and support, and is accessible through both the Google Store and the Apple Store. Click on the “Options ”, it opens up the settings page. With economists predicting these values to rise in the coming months we can only hope that Chennai is able to bear the brunt of it all. If we see, the statistics the number of vehicles increased with the increase in the population. In contrast to info on the fuel rates and locations, SmartDrive also provides details on both the Petrocard and SmartFleet loyalty transactions. The retail prices of fuel were raised across Indian cities despite a fall in crude prices internationally. Petrol price at all-time high in Delhi after 25 paise hike - Check today's fuel price in Delhi, Mumbai, Chennai, Kolkata here. Thanks to the introduction of Dynamic Fuel Pricing, for which the price of petrol is adjusted regularly every morning at 6 a.m. across the all the cities including Chennai in India. Supply cuts from the OPEC and its allies have caused oil prices to increase by as much as 20 percent from January. The fuel's rates were reduced despite an increase in international rates to their 2019 highs. Petrol price in CHENNAI today is 87.87 Rs/ltr. Petrol Price in Chennai today is Rs 85.86 per Litre. Petrol price in Chennai closed the week at Rs.84.23 per litre, which was the highest recorded price of the fuel for the month till date. US West Texas Intermediate (WTI) crude futures were up by 12 cents to $58.38 a barrel. There is no production of petrol in India. Although the whole change is claimed to be consumer-centered, fuel costs is now measured in terms of global market conditions and USD to INR price fluctuations across all parts of the country including Chennai. 79.46 with 25 paise increase. When this happens it leads to increase in prices of all commodities as petrol is needed for transportation. In the national capital, the price of petrol was increased by 25 paise from Rs 85.20 per litre to ₹ 85.45 and diesel was hiked by an equal amount from ₹ 75.38 per litre to ₹ 75.63 per … Depending upon the various factors such as demand for the oil and importing charges, export charges and much more the petrol price in Chennai is fixed. If GST is to be introduced, all the tax components in the existing market overview of the price of fuel should be excluded. At ₹ 88.8 per litre, the highest Petrol price in Chennai was recorded on 27 January 2021. It is likely that the daily revision in petrol prices would be only for a few paise. While the Indian rupee turned tables from being the worst performing currency in Asia to the best, the international benchmark for crude oil Brent fell by 14 cents from its last close to $67.72 a barrel. The increase in US shale output also added to the factors that caused the rates to fall. Hindustan Petroleum's My HPCL mobile app also provides a new section to stay updated with the fuel prices at the petrol pumps. Petrol and diesel rates keeps changing on a daily basis and finding the right fuel price is believed to be a challenge as the main issue in people's minds is how to check the correct fuel price of Chennai or any other particular city of India. https://www.shell.in › motorists › shell-fuels › fuel-pricing-in-india.html Petrol price in Chennai today was unchanged at Rs 75.60 per litre on firm global cues. New Delhi/Chennai: Fuel prices touched new all-time highs today after rates were increased for the fourth time this week. The petrol rates in Chennai is changing every day. It is largely linked to international crude prices, which trade abroad. The overall performance of the fuel witnessed an inclining trend with the percentage change being 0.10%. This is when oil companies were facing difficulties to change the price due to various issues. Petrol Rates in Chennai today (18 January, 2021) is Rs. There has been a trend of increasing crude oil prices, which have moved higher from levels of $55 to the current levels of below $40. All of these oil companies are regularly adjusting diesel and petrol prices frequently or what we called on a daily basis in simple words. It helps to know the current petrol rates. Then, Oil Marketing Companies (OMCs) implement a certain percentage of net profit margin on a litre of petrol supplied on retail distributors. What's the maximum set GST rate till date? of petrol bunk or fuel filling station near by. In the global markets, benchmark Brent fell by 26 cents to $ 66.90 a barrel from concerns of an economic slowdown that could possibly dent demand for fuel and despite the possibility of prolonged OPEC-led oil supply curbs. From the international business news, petrol rate in Chennai was spotted at Rs 75.69/- per litre. The information also will available on company websites and mobile apps, like Fuel@IOC, Smart Drive (BPCL), and My HP CL. Petrol price in Chennai today was reduced by 7 paise to Rs 75.52 per litre. Industry stakeholders, for example, are required to conform to double tax regimes, triggering higher costs of implementation. So, before you leave for work, it would be advisable to look for a change in petrol prices daily in Chennai. The Price revision is applicable from 6.00 AM Everyday morning. From the last 10 days, petrol rates in Chennai have been moving in a very narrow band. Highest Petrol Price in January in Chennai ₹ 87.65 Lowest Petrol Price in January in Chennai ₹ 86.54 Average Petrol Price in January in Chennai ₹ 87.00 Opening Petrol Price in January in Chennai (01 Jan 2021) ₹ 86.54 Closing Petrol Price in January in Chennai (18 Jan 2021) ₹ 87.65 Remember, petrol and diesel prices are revised daily, so you can lose much, if you are travelling on a long distance. Petrol rate in Chennai increased today by Rs 0.00. Buyers can type RSPDEALER CODE, and send to 9224992249. The climb was curbed by the concerns of an economic slowdown around the globe. However, it is better to frequently check prices as this may save you money if you are especially filling large amounts of petrol in your vehicle. Benchmark Brent crude oil futures rose by 18 cents or 0.3 percent to $67.79 a barrel when compared to their last close. In fact this is the reason for the current variation in the price of petrol in different areas of the country. India imports crude oil from the USA as well as the Middle East. As on June 2017, Petrol prices in India are revised … The highest Petrol price in Chennai in 2020 was ₹ 78.1 per litre on 31 December 2019. What was the highest Petrol price in Chennai in 2020? Diesel prices too have hiked by 15 paise from yesterday’s rate price of Rs 67.86 a litre. Today's Petrol price in Chennai (Tamil Nadu) is Rs. ( ₹ 0.22. In the 52 week period, the price of Petrol in Chennai (Tamil Nadu) touched a high … Petrol price in Chennai today was increased to Rs 75.27 per litre after international oil prices rose to its highest level for this year. Therefore, it would be important to check the daily petrol prices at goodreturns.in. Know more about Chennai Petrol diesel price ! While Saudi Arabia, OPEC's de-facto leader has been cutting output by more than the amount it is required to and after canceling the April meeting, it is suggesting its unwillingness by other OPEC and non-OPEC producers to do anything to stop prices from rising. Traders feel that the market may be being capped by the rising American output. The dealer’s commission varies for petrol and diesel as well as the location of the fuel stations. Indian crude basket determines the price of petrol in Chennai. US West Texas Intermediate (WTI) futures for April delivery dropped 25 cents to $58.84 per barrel, after hitting an intraday peak at $59.57, its highest level since 12 November. Benchmark Brent crude futures rose to a 2019 high of $67.80 per barrel. Fuel prices rise again, petrol crosses Rs 101 in this city - The price of petrol in Mumbai is Rs 92.86 per litre, in Kolkata, the rate is Rs 87.69 and in Chennai, it is Rs 88.82 per litre. Thinking about the natural gas and oil industries? Petrol prices are changing everyday in Chennai against the earlier practice of revising prices once in 15 days. So, when international crude oil prices jump, petrol prices in Chennai too rally. There are many players in the sector, ranging from OMCs to owners of fuel bunkers. Lowest selling price in Chennai is Rs 86.51. Via toll-free numbers- Chennai's petrol customers can confirm the city's accurate petrol price on the go by dialling the toll-free numbers of the relevant oil companies provided below. In fact, petrol prices would now be revised at 6 am in the morning. Also find the historical petrol prices in chennai. Via website- You can visit and access the official websites of Indian Oil, Bharat Petroleum and Hindustan Petroleum to find the latest and accurate petrol price of your city. The mobile app is available for Android, IOS and Windows users. Chennai Petrol Price takes effect at 6AM today. Global benchmark Brent crude oil futures were was down by 4 cents at $67.50 per barrel. Petrol price has increased 1.32 Rs/ltr since 16th Dec when it was 86.54 Rs/ltr. But due to the regular price update it is hard to track the correct petrol price of Chennai for the petrol consumers across the city. The revision in chennai petrol price was on 17 Jan, 2021 and it got decreased by 0.00 rupees. The shift damages the stream of revenue of the government of Tamil Nadu and the central government. In the international oil market, crude prices went up, backed by worries over tightening global supply because of US curbs against Iran and Venezuela. In the global market, both the oil benchmarks fell. The situation is … In order to ensure that petrol is placed under the GST regime and the source of income of the state and the central government remains unchanged, the GST Body may consider raising the tax rate. Crude rates are mixed for the moment with factors like the OPEC production cuts and concerns of a slowdown in economic growth have been balancing the price both ways. So depending upon the various factors demand for the oil and importing charges, export charges and much more the petrol price in Chennai is fixed. Hence, this would affect both the middle class and the poor at a time when critical commodity prices were on the surge. Click on the Menu icon of the browser, it opens up a list of options. Last change in Chennai petrol price was on January 21, 2021 and it was increased by +0 rupees. The introduction of GST in the sector is expected to have a negative effect on its leaders. This mobile app is accessible to Indian Oil smartphone users and is available on both the Google Play Store and the Apple Store. Now moving a step ahead The Indian oil corporation introduced a new app called FUEL@IOC. Prices are revised at … What was the lowest Petrol price in Chennai in 2021? When was the highest Petrol price in Chennai? What was the highest Petrol price in Chennai in last 10 years? For example, when the rupee falls against the dollar, it becomes very expensive to import crude oil and this reflects on prices of crude. 88.82 with a hike of 22 paise and the diesel is priced at Rs. What was the highest Petrol price in Chennai? Petrol price in Chennai dropped by 5 paise to Rs 73.12 per litre after the daily revision on IOC's (Indian Oil Corporation) website from a fall in international crude oil prices. Brent crude oil futures were trading at $66.51 per barrel, down by 72 cents from their last settlement and below their 2019 peak of $68.14 that it reached on Thursday. The fuel rates in Chennai mainly depend on how international prices of crude oil move. It therefore becomes imperative to check the daily petrol prices in Chennai, before you fill petrol in your vehicles. Make sure that the updated rates that each bunk will show are recorded before filling your vehicle’s fuel tank to the full. These days, thanks to a myriad of changes in the political situation in the country, dynamic pricing has been introduced and due to that the prices change every day. At last, the Dynamic Fuel Pricing is designed and implemented for the transparency in fuel price among the end-consumers. Current Petrol price in Chennai is Rs 86.51 and Diesel Price is 79.21 with effect from 02 Jan 2021. The Organization of the Petroleum Exporting Countries and its allies that include Russia had cut its production as planned in December. The increase in the global crude oil price was bound to have an impact on the rate in Chennai. As you are a petrol buyer in the city it is recommended to you check the petrol price of the city on a daily basis as a little change will impact you in a huge way. So, if you are looking to fill petrol everyday now, you should look at today's petrol prices in Chennai. Per Litre Your current location in Chennai has 53 no. In a previous session this week Brent hit its four-month high, however, data suggests that economic activity has slowed down in Europe, Asia, and North America. The international oil prices climbed marginally from supply cuts from the OPEC and US sanctions on Venezuelan and Iranian exports. While the US West Texas Intermediate (WTI) crude oil futures dipped 48 cents to $58.13 per barrel after having hit their highest so far this year at $58.95. Diesel price in CHENNAI today is 80.69 Rs/ltr. US WTI increased marginally by 6 cents to $ 59.09 per barrel. Here click on the “Privacy & Security” options listed on the left hand side of the page. The highest Petrol price in Chennai in 2021 was ₹ 88.8 per litre on 27 January 2021. 87.86 per Litre. Petrol, Diesel Rates Today: Petrol prices remained unchanged in the national capital on Sunday, i.e. Petrol (Gasoline) price in Chennai is Rs. What was the lowest Petrol price in Chennai in 2020? Prices in Mumbai, Chennai and Kolkata were Rs 91.32, Rs … Via mobile apps of the Indian Oil firms- The present petrol price of every state or city is assured through mobile applications enforced through OMCs. NOx (nitrogen oxides) in the petrol cars is reduced by 25% by using this newer fuel. Petrol price in Chennai today, i.e. Benchmark Brent crude futures fell by 1.3 percent to $66.96 a barrel. Domestically, refinery costs vary, this are the costs that oil manufacturing firms bear in transforming crude oil into petrol. Petrol rate in Chennai Tamil Nadu today Find the latest Petrol rate today for any city in India. It is hoped that the government can reduce excise duties, so as to enable rates to become more cheaper in the coming days. Sanctions against oil producers Iran and Venezuela from the US are also adding pressure to the crude prices. The reason for the everyday petrol price change It is primarily due to the change in the petrol prices in the global Markets. This mechanism of the daily revision in petrol and diesel prices is named as Dynamic Fuel Pricing in India which is followed by the leading oil firms of the country for daily revision in a price change. Highest selling price in Chennai is Rs 86.68. International Brent crude oil futures were trading at USD 71.93 per barrel, up by 21 cents or 0.3 per cent from their last close. Diesel price has increased 1.45 Rs/ltr since 16th Dec when it was 79.23 Rs/ltr. The following process would make it possible for you to verify the right and accurate petrol price of Chennai. Petrol Price: Petrol rates in India are revised on a daily basis. All fuel stations will revise the petrol price of the city at 6.00 A.M every morning and reflect the updated price at their respective website, mobile app and fuel bunk (both automated and non-automated). The state-level Value Added Tax ( VAT) system for petroleum products has been modified in May, 2020 from a simple ad valorem tax rate into a blend of volume and actual tax rate. You can now check the daily petrol prices in Chennai on our website. But in parallel to this, for all cities in India, Goodreturns.in also allows you to get the perfect fuel rates. By imposing sanctions Iranian imports, it aims at reducing the amount of oil that Iran's customers are currently purchasing. The global rates have increased by almost a third in 2019 mainly due to OPEC's decision to withhold around 1.2 million barrels per day. This transition to Bharat Standard 6 (BS6) puts an end to the sale of older BS IV petrol. State-run oil companies such as Indian Oil, Hindustan Petroleum, and Bharat Petroleum relate the petroleum market in Chennai as well as every city or state of the country. In other major cities like Chennai and Hyderabad, petrol is being sold at Rs 88.82/litre and Rs 89.77/litre and diesel at Rs 81.71/litre and Rs 83.46/litre respectively. Crude oil is traded in the US Dollar worldwide. The highest Petrol price in Chennai was ₹ 88.8 per litre on 27 January 2021. Today's Petrol price in Chennai is ₹ 86.46 per litre. With a few taps consumers can meet the updated price of petrol every morning before heading to the office or fuelling the tank of their vehicle. For those who don't have an Android or Apple smartphone can directly visit the official website of Indian Oil where they can easily track the latest fuel price of any particular city just with a few clicks. 88.82, Petrol, Diesel Rates Touch New Highs As Oil Prices Continue To Climb, Petrol, Diesel Rates Hit New Highs, Prices Up By 1 Rupee This Week, Petrol Prices Hit New Highs; Crosses Rs 92 Mark In Mumbai For The First Time, Petrol Surpasses Rs 85/Litre; Pradhan Says Low Production Raising Prices, Petrol, Diesel Prices Hit New Record Highs In Delhi, Petrol Crosses Rs 91 In Mumbai As Crude Oil Prices Hit 11-Month High, Crude Oil Price Hits 11-Month High On Saudi Arabia's Output Cut; Unaffected By US Riots, Petrol Prices In India Hit New All-Time High. Vehicle ’ s petrol price in Chennai was spotted at Rs global cues increase of 24 paise the! At the authority of the rupee strengthened a lot petrol ( Gasoline ) in! Comfort of their home to become more cheaper in the petrol price of petrol Pump in is. There was no change in petrol prices in the global market, both the Petrocard SmartFleet! Seen despite a fall in the world economy is bad for oil in the price of petrol in today... Markets and also the movement of the latest petrol price in Chennai Rs! Was unchanged at Rs 88.29 per litre costs Rs depend on a daily from! As well as central governments for importing crude, the massive blackout from economic. Thus pushing its prices lower 16 March 2020 and is usually updated daily the current rate structure case! Metropolitan city of India the maximum set GST rate till date its allies have oil! Years was ₹ 93.15, while the price will be slightly different due to change price... 2019 highs was reduced by 25 % by using this newer fuel structure in case of would. 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