Home  »  Petrol Price  »  Chennai

Petrol Price in Chennai (22nd August 2017)

Petrol prices are changing everyday in Chennai against the earlier practice of revising prices once in 15 days. So, if you are looking to fill petrol everyday now, you should look at today's petrol prices in Chennai. Therefore, it would be important to check the daily petrol prices at goodreturns.in.

Petrol Price in Chennai Today (Applicable from 6 am)

Last 10 Days Petrol Rate in Chennai

Date Price Price Change
Aug 21, 2017 ₹ 71.01 ₹ 0.16
Aug 20, 2017 ₹ 70.85 ₹ 0.02
Aug 19, 2017 ₹ 70.83 ₹ 0.07
Aug 18, 2017 ₹ 70.76 ₹ 0.06
Aug 17, 2017 ₹ 70.70 ₹ 0.11
Aug 16, 2017 ₹ 70.59 ₹ 0.06
Aug 15, 2017 ₹ 70.53 ₹ 0.13
Aug 14, 2017 ₹ 70.40 ₹ 0.21
Aug 13, 2017 ₹ 70.19 ₹ 0.27
Aug 12, 2017 ₹ 69.92 ₹ 0.24

Daily & Monthly Petrol Price in Chennai : Graphical Representation

Historical Petrol Price in Chennai

  • Trend of Petrol Rate in Chennai, July 2017
  • Petrol Price
    1 st July Rs.65.46
    31st July Rs.67.78
    Highest rate in July Rs.67.78 on July 13
    Lowest Rate in July Rs.65.44 on July 2
    Over all performance Rising
    % Change +3.42%
  • Trend of Petrol Rate in Chennai, June 2017
  • Trend of Petrol Rate in Chennai, May 2017
  • Trend of Petrol Rate in Chennai, April 2017
  • Trend of Petrol Rate in Chennai, March 2017
  • Trend of Petrol Rate in Chennai, January 2017

Daily Petrol Price Revise in Chennai 

In fact, petrol prices would now be revised at 6 am in the morning. So, before you leave for work, it would be advisable to look for a change in petrol prices daily in Chennai. It is likely that the daily revision in petrol prices would be only for a few paise. However, if you are also filling large amounts, a small revision could also mean a lot. It therefore becomes imperative to check the daily petrol prices in Chennai, before you fill petrol in your vehicles. Remember, these prices are revised largely based on what the situation in the global markets is. So, when international crude oil prices jump, petrol prices in Chennai too rally. You can now check the daily petrol prices in Chennai on our website.

Why Petrol Rates in Chennai Change Everyday

The petrol rates in Chennai is changing every day. This is due to change of the petrol prices in the global Markets. There is no production of petrol in India. So India needs to import it, and for importing crude, we need to pay for it. 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.

Demand for the petrol is day by day increasing the number of the vehicle are increasing. If we see, the statistics the number of vehicles increased with the increase in the population. Top oil companies such as Indian oil take various aspects such as duties and charges into consideration and give a new price every day. Within the state for every different city, the price will be slightly different due to various tolls and charges.

Petrol Rates in Chennai

The petrol price in India used to change monthly twice from first and sixteenth of every month. This is when oil companies were facing difficulties to change the price due to various issues. However, now we have petrol rates in Chennai changing on a daily basis. This is called dynamic fuel pricing. The increase and decrease of the petrol price in Chennai will now depend on the crude oil price in the international market. Now moving a step ahead The Indian oil corporation introduced a new app called FUEL@IOC. It helps to know the current petrol rates. If we observe the petrol price in Chennai from last four days, petrol prices were Rs. 67.78, 67.51, 67.37, 67.18. and today the petrol price in Chennai is 67.71.

petrol prices steady in Chennai

 Petrol prices saw some change in Chennai on Friday as compared to Thursday, as global petrol prices were higher.
 Indian oil companies have introduced many methods to check daily petrol prices daily at morning 6 am.
 Buyers can check the prices through SMS alerts, oil companies mobile apps, websites and toll-free phone numbers.
 Buyers can type RSPDEALER CODE, and send to 9224992249.
 For Indian Oil- 9224992249, Bharat Petroleum-9223112222, Hindustan Petroleum-9222201122.
 The information also will available on company websites and mobile apps, like Fuel@IOC, Smart Drive (BPCL), and My HP CL.
 Yesterday, the petrol price in Chennai was Rs.68.02, and today it was Rs.68.32, a slight change in petrol price.

Petrol Rates in Chennai

 India import 80% of its crude oil. India is in top 5 importer of Petroleum but is in not in Top 50 producers.
The government of India announced that from 16th of June onward Fuel price would be updated daily. Earlier fuel price changes were made at-least twice a month. The notion of updating fuel price every day is a great deal as it will remove the big leap in rates.The petrol price in Chennai changing day to day because of a massive increase in sales of cars and bikes.
Maintaining a car is no longer considered a status symbol but is looked upon as a matter of necessity. These take to this massive spike in car and bike buying trend in the country is a simultaneous growth in demand for petrol in Chennai.Since from last three days, the petrol price in Chennai has continued increased to 1 rupee, i.e., Rs 68.88 to Rs 69.13.

Petrol Rates in Chennai

Two-wheeler are the largest consumers of petrol in India and they consume 61.42 per cent of the country's total petrol sales.
Petrol consumption by two-wheeler exceeds 60 per cent of total sales in Chennai. Chennai is third largest two-wheeler using city in India
The petrol price has always changed frequently in Chennai. These has recently happened due to Goods & Services Tax Law (GST) The price of crude oil and refined product have grown, and therefore fuel prices have increased. The cost of crude oil and refined product are grown by number of factors, such as rising oil demand, limits in refining capacity, seasonal demand for product and extreme weather The price of fuel at the retail station covers the product cost, central government excise and taxes, State government taxes and operating rates and margin.
According to fuel market in Chennai from last July 24, 2017 to July 27, 2017, the petrol price in Chennai has moved higher to Rs 67.07 per litre.
The current Petrol price in Chennai is 67.18 per litre.

Petrol prices in Chennai stay steady

Petrol prices barely changed on July 27, as international crude prices were steady. Prices in Chennai were last seen at 67.01. In fact, petrol prices in Chennai have been rising since July 17 from 66.67 and crossing Rs 67. The reason for this sudden jump is international global prices, which have rallied in the last few days. It is largely expected that petrol prices in the city of Chennai may continue to move higher. The rupee on which petrol rates also depends was largely stable and it is expected to remain so, in the next few days.