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Diesel Price in Hyderabad (4th December 2020)

Todays diesel rates in Hyderabad are very sensitive to global crude prices. We have been seeing an uptick in global crude prices, which has also pushed diesel rates in Hyderabad higher. Also, prices of the petroleum product have now been aligned to market rates. This means diesel price in Hyderabad will rise each time, global crude prices rise and the rupee falls against the dollar.

Dec 4, 2020
₹ 79.73 /Ltr ( ₹ 0.25 )

Last 10 Days Diesel Rate in Hyderabad

Date Price Price Change
Dec 3, 2020 ₹ 79.48 ₹ 0.21
Dec 2, 2020 ₹ 79.27 ₹ 0.25
Dec 1, 2020 ₹ 79.02 ₹ 0.00
Nov 30, 2020 ₹ 79.02 ₹ 0.00
Nov 29, 2020 ₹ 79.02 ₹ 0.31
Nov 28, 2020 ₹ 78.71 ₹ 0.30
Nov 27, 2020 ₹ 78.41 ₹ 0.26
Nov 26, 2020 ₹ 78.15 ₹ 0.22
Nov 25, 2020 ₹ 77.93 ₹ 0.00
Nov 24, 2020 ₹ 77.93 ₹ 0.18

Daily & Monthly Diesel Price in Hyderabad : Graphical Representation

Historical Diesel Price in Hyderabad

  • Trend of Diesel Rate in Hyderabad, December 2020
  • Diesel Price
    1st December Rs.79.02
    4th December Rs.79.73
    Highest rate in December Rs.79.73 on December 4th
    Lowest Rate in December Rs.79.02 on December 1st
    Over all performance Rising
    % Change +0.89%
  • Trend of Diesel Rate in Hyderabad, November 2020
  • Trend of Diesel Rate in Hyderabad, October 2020
  • Trend of Diesel Rate in Hyderabad, September 2020
  • Trend of Diesel Rate in Hyderabad, August 2020
  • Trend of Diesel Rate in Hyderabad, July 2020
  • Trend of Diesel Rate in Hyderabad, June 2020

We are likely to see diesel prices in Hyderabad changing everyday. If you are looking at the daily diesel rates, we suggest that you look at reading goodreturns.in and track the daily price change in diesel rates.

We have been constantly been seeing international prices moving in a tight range for crude. It is important to remember that daily diesel prices in Hyderabad largely depend on international crude oil prices and this in turn depend on a host of other factors. If you are looking at the everyday diesel rates in Hyderabad, we suggest that you continue reading our portal. It will give you todays diesel rates.

How are Diesel rates updated in Hyderabad?

The diesel price is also updated as compared to other resources or commodities.

The diesel price is also updated as is the case for other goods. International prices of crude oil and the currency exchange rate are taken into consideration in revising the price. The dynamic fuel pricing mechanism which was launched in June 2017 has been used by all oil marketing companies (OMCs) in India today. 

It is a mechanism for fuel pricing to monitor regular fuel prices (petrol and diesel prices) in accordance with crude oil rates and currency values. Being recommended to review the current price of diesel in Telangana as as of June 16 , 2017 it changes every day. Both state-run oil marketing companies – Bharat Petroleum, Hindustan Petroleum, and Indian Oil – use dynamic fuel pricing which aligns customers with market trends. It means customers would pay the price which is calculated on the basis of the factors that influence fluctuations. The method provides 100 per cent transparency with respect to fuel prices. In Telangana consumers have three preferences for evaluating the current price of Hyderabad. The first choice is to install mobile apps that are developed by all the oil marketing brands. Apart from this, fuel consumers of Hyderabad can also go through SMS and customer support services which is delivered by OMCs. 

Introduction of Dynamic Fuel Pricing

You must be want to know that how the diesel price of Hyderabad is revised every day. While India's fuel prices are roughly equal to the global price of crude oil, rates are thus adjusted by state-owned OMCs. This usually helps oil companies reimburse for any liabilities, as well as to continue to hold on any benefits with diesel consumers. Earlier oil producers consider the two-week or 15-day average price of crude oil, plus the rupee-dollar exchange rate, to reach the retail selling price of diesel and petrol. The latest price for petrol or diesel will appear every day on our website at 6:00 am IST. This process has been put in operation in the country since 16 June 2017. This process has been put in operation in the country since 16 June 2017. The purpose of the reform was to ensure that even a small change in the price of crude oil could be implemented to buyers and dealers across every city of the country including Hyderabad. Before this initiative, fuel prices in the country were revised every fortnight. Taking into account the framework of Dynamic Fuel Pricing, it eliminates the sudden price shift that needs to be made at the end of the fortnight earlier.   

How diesel rates of Hyderabad are influenced by the Dynamic Fuel Pricing Mechanism?

The "dynamic fuel pricing" strategy was implemented in June 2017. In order to change the price of diesel or petrol regularly across India, this method was adopted. Taking into account the currency exchange rate between the US dollar and the Indian Rupee and price of crude oil the diesel is updated or revised on a regular basis. After the method is enforced across the country, this structure continues to be followed by all metropolitan areas, including Hyderabad for a daily price adjustment. The main aim of this process is to simplify diesel prices so that officials are unable to control or exploit the OMC (Oil Marketing Companies) since dynamic fuel pricing has been introduced across parts of India. Thus, by keeping this method into account, the distributors of fuel stations can now easily handle their wealth and cash flow.

Toll-free and SMS service facility to track the transparent diesel price of Hyderabad

Several methods for tracking daily diesel prices in Hyderabad have been developed by the Top Indian Oil Firms such as SMS services, and customer service, to monitor fuel prices without any charges. Hence, by following the below-given procedures you can track the accurate diesel price of Hyderabad instantly.

Using SMS: Type RSP DEALER CODE and send it to 9224992249

By dialling the following toll-free numbers of the oil companies, you can easily locate Hyderabad's latest diesel price quickly from the comfort of your domicile or office.

Indian Oil- 1800 233 3555 

Bharat Petroleum- 1800 22 4344 

Hindustan Petroleum- 1800 233 3555

Through implementing the dynamic fuel pricing approach since June 2017, oil firms are constantly monitoring the diesel rate through their mobile applications and official portals. Additionally, diesel prices in Hyderabad are based on various factors, such as crude oil prices and manufacturing costs. Each city's rates can vary marginally due to various fees and local taxes in the state. 

 

 

 

Diesel Prices Reach Rs 74.73 per Liter In Hyderabad

The prices of diesel is rising on a daily basis for the last couple of days.

The rise in the price of crude oil in the global market is the main reason behind the upsurge in the prices of diesel in India.

India imports 80% of the fuel to meet the domestic requirements. Any rise or fall in the prices of the fuel in the global market will have a corresponding effect in the price of fuel in the domestic market.

The prices of diesel in Hyderabad is in line with most of the other cities in India. As the city is highly dependent on the modes of road transportation, the rise in the prices will impact the costs incurred by the transport companies which will ultimately have to be borne by the final consumers.

Today’s diesel prices in Hyderabad stands at Rs 74.73 per liter, up by Re 0.24 paise from the previous price.

25 May 2018
Diesel Prices Hit Record High In Hyderabad

The prices of Diesel is rising on a daily basis in the city of Hyderabad. The rise in the price of crude oil in the U.S. has led to the rise in the prices of diesel in Hyderabad as well.

The price of diesel per liter is recorded at Rs 74.28 as on May 23, 2018, up by Rs 0.28 from the previous day’s price. The prices of petrol and diesel are increasing every day from the past few weeks, which has hurt the customer's sentiments.

India mainly depends on the imports of crude oil. About 80% of the crude oil is imported from abroad for domestic consumption. The rise in the prices of crude oil in the international market will simultaneously affect the prices in India.

Recently, the U.S. President had pulled out of the U.S.-Iran Nuclear Deal which led to the upsurge in the prices of oil in the global markets. The Brent oil in the U.S. hit an all-time high and touched $80 per barrel, which led to the rallying of the prices of petrol and diesel across the globe.

23 May 2018

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