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Diesel Price in Bangalore (22nd September 2017)

Checking Diesel price before filling your fuel tank has become an important thing now because, from June 15, 2017, as the diesel price are to be revised on a Daily basis. Due to inability, the Diesel price used to get updated for two weeks or fifteen days once. Now the things have changed and Diesel price will be changed every day and there will be a new price every day. This price will be set by the Petroleum Companies on daily basis. Petroleum Companies such as Bharat Petroleum, Hindustan Petroleum, Shell, etc., will fix Diesel price every day and give the new price at 6 AM every day.

Diesel Price in Bangalore Today (Applicable from 6 am)

Last 10 Days Diesel Rate in Bangalore

Date Price Price Change
Sep 21, 2017 ₹ 58.80 ₹ -0.10
Sep 20, 2017 ₹ 58.90 ₹ -0.06
Sep 19, 2017 ₹ 58.96 ₹ -0.06
Sep 18, 2017 ₹ 59.02 ₹ 0.03
Sep 17, 2017 ₹ 58.99 ₹ 0.04
Sep 16, 2017 ₹ 58.95 ₹ 0.04
Sep 15, 2017 ₹ 58.91 ₹ 0.06
Sep 14, 2017 ₹ 58.85 ₹ 0.03
Sep 13, 2017 ₹ 58.82 ₹ 0.00
Sep 12, 2017 ₹ 58.82 ₹ 0.10

Daily & Monthly Diesel Price in Bangalore : Graphical Representation

Historical Diesel Price in Bangalore

  • Trend of Diesel Rate in Bangalore, August 2017
  • 1 st August Rs.55.62
    31st August Rs.57.12
    Highest rate in August Rs.57.46 on August 6
    Lowest Rate in August Rs.55.62 on August 1
    Over all performance Rising
    % Change +2.63%
  • Trend of Diesel Rate in Bangalore, July 2017
  • Trend of Diesel Rate in Bangalore, June 2017
  • Trend of Diesel Rate in Bangalore, December 2016
  • Trend of Diesel Rate in Bangalore, March 2016

In the International Markets crude oil price change on a daily basis and the petroleum companies in India will change the price depending on those prices. The price of the crude oil in the International Markets will be influenced by various reasons. The movement or change in the Diesel price will be very low if it is changing every day such as the price change will be in paise. In Bangalore, diesel prices reduced further due to a change in some local guidelines as well.

Government may ask OMCs to absorb petrol price hikes

After petrol prices in Bangalore and other cities saw a steep increase, it is likely that the government may ask oil marketing companies to absorb any sharp increase in petrol rates. In Bangalore petrol prices have seen a sharp increase from levels of Rs 65 in July to the current levels of Rs 71. This trend is also prevalent in other cities where we are seeing sharp gains being made in petrol prices. This may come as a huge relief to consumers who have constantly complained of sharp increase in petrol prices in the last few weeks. It is important to see if the government cuts duties and other tarriffs to provide some relied to consumers. These sharp gains gains are also likely to have an impact on consumer inflation, which is not good for people. ost of the oil companies like Indian Oil, HPCL and BPCL may have to absorb the prices hikes in petrol.

How petrol price in Bangalore has gained?

Bangalore is one of the fastest growing metropolitan city in India. The main reason to increase the petrol price in Bangalore is due to high population. Petrol price in Bangalore has been increasing daily. In the month of the July, the price increased by 3.33%, and in the month of the August, it rose to 5.47%. Because the petrol price has been set for daily increases consumers have not been able to feel the pinch. In fact, over a period of two months, petrol prices in Bangalore have increased dramatically and this is not good news as it also means it could stoke inflation in the coming years.

Petrol price today at Rs 65.85

According to Transport Department data, two-wheelers continue to dominate the city’s roads, followed by cars
Around 60 lakhs of vehicles using petrol in Bangalore. Petrol plays important role in Indian economy.But the rate of the petrol will never stay constant. As on Monday, July 24, 2017, the petrol cost is 65.79 Rs/Ltr, but, has moved higher by the week end to Rs 65.85 as on Friday, July 28, 2017.

 

Petrol prices in Bangalore at 65.75

Petrol prices in the city of Bangalore have been on a constant uptick since the start of July 17. On July 27 we have Bangalore prices of petrol at Rs 65.75, up from levels of 65.32 that we saw since July 17. It is likely that crude oil prices may stay steady and this could also lead to steady prices of of petrol in the city of Bangalore. The city derives its prices from international crude which have seen a rebound in the last few days and hence this has impacted prices in Bangalore as well. It is unlikely that we will see a further sharp escalation in prices of petrol and diesel in Bangalore.

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