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Diesel Price in Trivandrum (1st August 2021)

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

Aug 1, 2021
₹ 96.37 /Ltr ( ₹ -0.10 )

Last 10 Days Diesel Rate in Trivandrum

Date Price Price Change
Jul 31, 2021 ₹ 96.47 ₹ 0.26
Jul 30, 2021 ₹ 96.21 ₹ -0.03
Jul 29, 2021 ₹ 96.24 ₹ -0.23
Jul 28, 2021 ₹ 96.47 ₹ 0.23
Jul 27, 2021 ₹ 96.24 ₹ -0.36
Jul 26, 2021 ₹ 96.60 ₹ 0.13
Jul 25, 2021 ₹ 96.47 ₹ 0.00
Jul 24, 2021 ₹ 96.47 ₹ 0.26
Jul 23, 2021 ₹ 96.21 ₹ -0.03
Jul 22, 2021 ₹ 96.24 ₹ -0.23

Daily & Monthly Diesel Price in Trivandrum : Graphical Representation

Historical Diesel Price in Trivandrum

  • Trend of Diesel Rate in Trivandrum, July 2021
  • Diesel Price
    1st July Rs.95.64
    31st July Rs.96.47
    Highest rate in July Rs.96.70 on July 11th
    Lowest Rate in July Rs.95.57 on July 3rd
    Over all performance Rising
    % Change +0.86%
  • Trend of Diesel Rate in Trivandrum, June 2021
  • Trend of Diesel Rate in Trivandrum, May 2021
  • Trend of Diesel Rate in Trivandrum, April 2021
  • Trend of Diesel Rate in Trivandrum, March 2021
  • Trend of Diesel Rate in Trivandrum, February 2021

Diesel rates are now revised every day on Trivandrum, but earlier once every two weeks, or fifteen days, the prices used to update. Today, checking the fuel rates before fuelling has become a vital thing as the slight change would make a difference if you load the fuel in large levels. The regular update of diesel price has been beneficial as the fuel consumers can stay updated with the latest price trend across the Trivandrum city.  Since the price adjustment is going to be very small, it might seem like it's not going to make a difference, but you're going to make a profit in the long run. Since the price adjustment is going to be very small, it might seem like it's not going to make a difference, but you're going to make a profit in the long run. Indian oil marketing firms such as Indian Oil, Bharat Petroleum, and Hindustan Petroleum, etc., will every day set the new diesel price in India. But the price keeps changing on a regular basis due to some factors such as global price of crude oil currency exchange rate between Dollar and Rupee. Based on these fluctuations the oil firms in India will set diesel prices.  

Factors affecting the diesel rate of Trivandrum

There are several aspects determining the diesel rate of Trivandrum, rather than main variables, such as crude oil prices and the Rupee-Dollar exchange rate.

The oil industry includes various costs before the overall retail price of diesel in an area, such as freight charges, processing charges, the margin of an oil company, entry fee, etc. However, the usual diesel price include the dealer's commission, the excise duty imposed by the government of the Union, and the VAT or local sales tax imposed by the state government. However, the other factors remain constant for the most portion, the global market factors for crude oil and the exchange rate of the rupee-dollar have the greatest influence on the diesel prices of the country.  Let's explore why the prices of crude oil fluctuate and how it affects the price of diesel in Trivandrum.

Supply and demand- Organization of Petroleum Exporting Countries (OPEC) is the world's largest producer of crude oil and its related allies, thereby impacting a wide variety of global price for crude oil. OPEC's regulations are affected by geopolitical changes in the region. As a result, any uncertainty created by any of the OPEC member countries also implies a lack of production of crude oil, which raises the price of crude oil on the international market.

Environmental disasters- The market price of crude oil is also impacted by some dispute or natural catastrophe since it could result in a deficit or an increase in demand for oil. In oil-producing or oil-consuming nations, political unrest or wars have an enormous impact on crude oil prices.

Supply of crude oil- Huge crude oil resources are being stockpiled by the major oil-producing and oil-consuming countries to keep their economy stable in the event of rising crude oil prices. They stock up and boost demand in the market to maintain steady pricing when oil prices are lower.   

Which mobile apps are beneficial to check the transparent diesel rate of Trivandrum? 

Fuel costs are updated regularly in all regions of the country. In Trivandrum, diesel consumers often experience challenges to inspect the city's exact and straightforward diesel price. Not only for diesel buyers in Trivandrum, but diesel customers in all other cities around the country are also facing this crisis. India's innovative oil firms, such as Indian Oil, Bharat Petroleum and Hindustan Petroleum, are indeed ready to maintain up-to - date with the latest and correct diesel rates in different ways for fuel consumers, such as SMS, mobile apps and customer service, with the current diesel costs in Trivandrum or any other city in India. Diesel buyers should now ignore their question about deciding the right price of diesel in the city by adopting those strategies. Now it’s time to forget the old tradition named as SMS and toll-free numbers of tracking the diesel rates of the city, current electronic-age diesel customers can search and download specific OMCs' smartphone applications to access the current diesel rate whenever and wherever they want. The Dynamic Fuel Pricing framework has been introduced by India's leading oil companies since June 2017, leading to a regular adjustment of diesel prices across all the regions of the nation. Because of such variables, such as government taxes, currency fluctuations and more, diesel prices tend to vary on a regular basis. Therefore, the mobile applications produced by the oil firms allow you to experience the straightforward fuel cost of your city or Trivandrum. Below are the smartphone apps that help you to keep a closer eye on Trivandrum's modified and clear diesel prices without losing your leisure.    

 

 

 

 

 

 

 

 

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