Diesel Price In Bangalore Today

  • Today's Diesel Price in Bangalore( 19 Jan 2021 )

    ₹ 79.65
    Current Diesel Price Per Liter

    Compare Diesel Price in Bangalore (Today & Yesterday)

    Today
    Yesterday
    Rate Change
    Diesel ( / litre) ₹ 79.65 ₹ 79.39 ₹ 0.26 ↑

    Diesel Price in Bangalore - Last 10 Days Data

    Date Diesel ( / litre)
    18 Jan 2021 ₹ 79.65
    17 Jan 2021 ₹ 79.39
    16 Jan 2021 ₹ 79.39
    15 Jan 2021 ₹ 79.39
    14 Jan 2021 ₹ 79.39
    13 Jan 2021 ₹ 79.12
    12 Jan 2021 ₹ 78.86
    11 Jan 2021 ₹ 78.86
    10 Jan 2021 ₹ 78.86
    09 Jan 2021 ₹ 78.86

    Diesel Rate Trend in Bangalore

    • 7 Days
    • 30 Days
    • 3 Months
    • 6 Months

    Fuel prices used to be revised every two weeks or 15 days. Now, diesel prices in Bangalore are revised daily based on the ‘Dynamic Fuel Pricing’ mechanism. It’s essential to check the diesel price in Bangalore as any decrease in cost could save you some money.

    Diesel Price In Bangalore

    Bengaluru, as it’s known today, is one of the fastest growing cities in the country with a cosmopolitan culture. Petrol and diesel price are revised every day, aligned with market prices, which means the diesel price in Bangalore will increase when the global crude oil prices increase as well as if the rupee depreciates against the U.S. dollar.

    Fuel prices used to be revised every two weeks or 15 days. Now, diesel prices in Bangalore are revised daily based on the ‘Dynamic Fuel Pricing’ mechanism. It’s essential to check the diesel price in Bangalore as any decrease in cost could save you some money.

    State-owned Oil Marketing Companies (OMCs) such as Bharat Petroleum, Indian Oil and Hindustan Petroleum fix the new diesel price in Bangalore in tandem with any changes in crude oil prices in the international market.

    Trend of Diesel Price in Bangalore for December 2020 (Rates per litre):

    Parameters Rates/litre
    1st December Rs.76.73
    31st December Rs.78.27
    Highest Rate in December Rs.78.27
    Lowest Rate in December Rs.76.73
    Overall Performance Incline
    Percentage Change 2.00%

    December – Week 1 (1 - 7):

    • Diesel price in Bangalore stood at Rs.76.73 per litre on the 1st of December.
    • Diesel prices continued to go up, closing the week at Rs.78.27 per litre.
    • The overall change in percentage was 2%.

    December – Week 2 (8 - 14):

    • Diesel price in Bangalore stood at Rs.78.27 per litre on the 8th of December.
    • Petrol prices were more or less stable, closing the week at Rs.78.27 per litre.,
    • The overall percentage change was 2%.

    December – Week 3 (15 - 21):

    • Diesel price in Bangalore stood at Rs.78.27 per litre on the 15th of December.
    • Diesel prices were more or less stable, closing the week at Rs.78.827 per litre.
    • The overall percentage change was 1.99%.

    December – Week 4 (22 - 28):

    • Diesel price in Bangalore stood at Rs.78.27 per litre on the 22nd of December.
    • Diesel prices were more or less stable, closing the week at Rs.78.27 per litre.
    • The overall percentage change was 2%.

    December – Week?5?(29 - 31):

    • Diesel price in Bangalore stood at Rs.78.27?per litre on the?29th of December.
    • Diesel prices were stable, closing the week at Rs.78.27 per litre.
    • The overall percentage change was 2%.

    Trend of Diesel Price in Bangalore for November 2020 (Rates per litre):

    Parameters Rates/litre
    1st November Rs.74.67
    30th November Rs.76.73
    Highest Rate in November Rs.76.73
    Lowest Rate in November Rs.74.67
    Overall Performance Incline
    Percentage Change 2.75%

    November – Week 1 (1 - 7):

    • Diesel price in Diesel stood at Rs.74.67 per litre on the 1st of November, unchanged from its previous day’s closing price.
    • After staying stable for the next few days, diesel closed the week at Rs.74.67 per litre.
    • There was no change in diesel’s performance in Bangalore.

    November – Week 2 (8-14):

    • Diesel price in Banga or stood at Rs.74.67 per litre on the 8th of November.
    • Diesel stayed stable for the entire week and closed at Rs.74.67 per litre.
    • There was no percentage change of diesel in Bangalore.

    November – Week 3 (15-22):

    • Diesel price in Chennai stood at Rs.76.52 per litre on the 22nd of November, crawling up as state-run oil marketing companies decided to hike oil prices.
    • The overall percentage change of diesel in Chennai was 0.71% upwards.
    • In the international oil market, prices climbed up in anticipation of an early recovery in demand following news of a third successful COVID vaccine candidate.

    November – Week 4 (22-30) :

    • Diesel price in Bangalore stood at Rs.76.73 per litre on the 30th of November, showing a steep hike as state-run oil marketing companies decided to hike oil prices.
    • The overall percentage change of diesel in Bangalore was 2.75% upwards.
    • In the international oil market, oil prices rose due to increased demand catapulted by the possible release of COVID vaccine.

    Trend of Diesel Price in Bangalore for October 2020 (Rates per litre):

    Parameters Rates/litre
    1st October Rs.74.76
    31st October Rs.74.67
    Highest Rate in October Rs.74.76
    Lowest Rate in October Rs.74.67
    Overall Performance Decline
    Percentage Change -0.12%

    October – Week 1 (1 - 7):

    • Diesel price in Bangalore stood at Rs.74.76 per litre on the 1st of October.
    • Diesel dipped to Rs.74.67 per litre and stayed stable for the entire week.
    • In the international oil market, prices dropped after US President Donald Trump dismissed the speculations to provide a fourth stimulus package to boost the coronavirus-hit economy.

    October – Week 2 (8 - 14):

    • Diesel in Bangalore stood at Rs.74.67 per litre on the 8th of October.
    • Diesel price in Bangalore remained stable and closed the week at Rs.74.67 per litre.
    • In the international oil market, oil prices dropped because of the concerns related to spike in coronavirus cases.

    October – Week 3 (15 - 21):

    • Diesel price in Bangalore at the start of the third week of October was Rs.74.67 per litre. There was no change in the rates when compared to the closing price of the previous week.
    • Over the week, the price of diesel saw no change in the city.
    • Diesel closed the week at Rs.74.67 per litre. The overall performance witnessed a declining trend with the percentage change standing at -0.12%.

    October – Week 4 (22 - 28):

    • Diesel price in Bangalore at the start of the fourth week of October was Rs.74.67 per litre. When compared to the closing price of the previous week, there was no change in the rates.
    • The price of diesel saw no change in the city over the week with oil companies deciding to keep the rates unchanged.
    • Diesel closed the week at the same price with the overall performance witnessing a declining trend. The percentage change recorded in the rates stood at -0.12%.

    October – Week 5 (29 - 31):

    • Diesel price in Bangalore stood at Rs.74.67 per litre on the 29th of October, unchanged from previous day’s closing price.
    • Diesel closed the month at the same price with no change whatsoever. Overall performance of diesel was -0.12%, going stable.
    • Meanwhile, in the international oil market prices fell as coronavirus infections surged in the US and UK prompting renewed lockdowns and reducing demand for the oil.

    Trend of Diesel Price in Bangalore for September 2020 (Rates per litre):

    Parameters Rates/litre
    1st September Rs.77.94
    30th September Rs.74.86
    Highest Rate in September Rs.77.94
    Lowest Rate in September Rs.74.86
    Overall Performance Decline
    Percentage Change -3.95%

    September – Week 1 (1 - 7):

    • A litre of diesel for retailed for Rs.77.94 in Bangalore at the start of the first week of September. There was no change in the price of the fuel when compared to the closing price of the previous month.
    • The opening price of the fuel was the highest for the month till date. The price of diesel slipped in the city over the week and recorded a declining trend.
    • Diesel price in Bangalore closed the opening week of the month at Rs.77.52 per litre. The percentage change recorded in the rates stood at -0.53%

    September – Week 2 (8 to 14):

    • For the month of September, diesel price in Bangalore opened at the rate of Rs.83.97 per litre. When compared to the previous closing rate, there was a hike of 5 paise in the price of the fuel.
    • The price of the fuel witnessed fluctuations in the first two weeks of the month and displayed a declining trend. The lowest price of the fuel was recorded on 14th September wherein it was being traded at the rate of Rs.77.11 per litre. The highest price of the fuel was Rs.77.94 per litre which was recorded on 1st and 2nd September.
    • On the last day of the second week, that is on 14th September, the fuel was being traded at the rate of Rs.77.11 per litre. The overall performance of the fuel witnessed a decline of –1.06%.

    September – Week 3 (15 to 21):

    • Diesel price in Bangalore stood at Rs.76.88 per litre on the 15th of September, lower than its previous day’s closing price.
    • Diesel closed the second week at Rs.75.70 per litre, its lowest recorded price for the month of September.
    • The overall performance of diesel in Bangalore was a drop of -2.87%.

    September – Week 4 (22 – 30):

    • A litre of diesel for retailed for Rs.75.55 in Bangalore at the start of the final week of September. When compared to the closing price of the previous week, the price of the fuel was down by 15 paise.
    • The price of diesel slipped in the city over the week having remained stagnant till 24th September.
    • Diesel price in Bangalore closed the month of September at Rs.74.86 per litre. The percentage change recorded in the rates stood at -3.95%.

    Trend of Diesel Price in Bangalore for August 2020 (Rates per litre):

    Parameters Rates/litre
    1st August Rs.77.93
    31st August Rs.77.94
    Highest Rate in August Rs.77.94 on 16, 18, 22 to 31 August
    Lowest Rate in August Rs.77.88 on 17, 19, 20, and 21 August
    Overall Performance Incline
    Percentage Change 0.01%

    August – Week 1 (1 - 7):

    • In Bangalore, a litre of diesel was retailed for Rs.77.93 per litre at the start of the month. There was no change in the rates when compared to the closing price of the previous month.
    • Even though crude oil prices witnessed changed in the international market, the price of diesel didn’t see any change in the city over the opening week of the month.
    • Diesel’s overall performance in Bangalore was stable as the opening and closing price of the fuel was the same.

    August – Week 2 (8 – 14):

    • At the start of the second week of August, a litre of diesel price in Bangalore was being traded at the rate of Rs.77.93 in Bangalore. Compared to the closing price of the previous week, there was no change in the price of the fuel.
    • Throughout the month, the price of the fuel was stable and had witnessed no fluctuations.
    • The price of the fuel was fixed at Rs.77.93 per litre throughout the month. The overall performance of diesel in Bangalore was stable throughout the month.

    August – Week 3 (15 – 21):

    • State-run Oil Marketing Companies (OMCs) retailed a litre of diesel for Rs.77.93 in Bangalore at the start of the third week of August. There was no change in the rates when compared to the closing price of the previous week.
    • The price of the fuel recorded its highest price for the month till date on 16th August when a litre cost Rs.77.94. Over the week, diesel rates witnessed a lot of fluctuations.
    • Diesel price in Bangalore closed the week at Rs.77.88 per litre, which was the lowest for the month of August. The overall performance witnessed a declining trend with the percentage change being -0.06%.

    August – Week 4 (22 – 31):

    • The month of August opened with diesel being traded at the rate of Rs.77.93 per litre in Bangalore. When compared to the previous rates, there was no change in the price of the fuel.
    • The price of the fuel witnessed an almost flat rate for the rest of the month. The lowest recorded price of the fuel was Rs.77.88 per litre.
    • The 4th week of August ended on 31st August wherein diesel was being traded at the rate of Rs.77.94 per litre. The overall performance of the fuel witnessed an incline of 0.01%.

    Trend of Diesel Price in Bangalore for July 2020 (Rates per litre):

    Parameters Rates/litre
    1st July Rs.76.56
    31st July Rs.77.93
    Highest Rate in July Rs.77.93 on July 26 - 31 July
    Lowest Rate in July Rs.76.56 from July 1 - 6
    Overall Performance Incline
    Percentage Change 1.78%

    July – Week 1 (1 - 7):

    • Diesel price in Bangalore was priced Rs.76.56 per litre at the start of the month. When compared to the closing price of the previous month, the rates didn’t see any change.
    • The rates of the fuel didn’t see any change until 6th of July. On the final day of the week, the rates jumped by 26 paise and recorded its highest price for the month. A litre was retailed for Rs.76.56 on the mentioned date.
    • Over the week, the rates witnessed an inclining trend in the city. The percentage change recorded was 0.33%.

    June – Week 2 (8 - 14):

    • Diesel rate in Bangalore Rs.76.82 per litre on 8th of July. There was no change in the rates when compared to the closing price of the previous week.
    • While the rates remained unchanged for the next couple of days, it dropped to Rs.76.79 per litre on the 11th of July before increasing.
    • Diesel closed the second week of July at Rs.77.07 per litre in Bangalore. This was the highest recorded price of the fuel for the month till date. The overall performance witnessed an inclining trend in the rates with the percentage change standing at 0.66%.

    July – Week 3 (15 – 21):

    • Diesel price in Bangalore at the start of the third week of July was Rs.77.20 per litre. Compared to the closing price of the previous week, the rates were up by 13 paise.
    • The rate of diesel increased over the week and witnessed a jump of 45 paise. Diesel touched its highest price for the month till date on 20th July when a litre was retailed for Rs.77.65.
    • Diesel price closed the week at the same price as the rates didn’t see any change. The overall performance of diesel in Bangalore witnessed an inclining trend with the percentage change recorded being 1.42%.

    July – Week 4 (22 – 28):

    • In Bangalore, a litre of diesel was retailed for Rs.77.65 on 22nd July. There was no change in diesel price when compared to the closing price of the previous week.
    • Over the week, the price of diesel witnessed an incline of 28 paise in Bangalore. The increase in the rates saw diesel record its highest price for the month till date on 26th July.
    • Diesel price in Bangalore closed the fourth week of July at the same price as the rates remained stagnant over the last two days. Diesel’s overall performance witnessed an inclining trend with the percentage change standing at 1.78%.

    July – Week 5 (29 – 31):

    • A litre of diesel was retailed for Rs.77.93 at the start of the fifth week of July in Bangalore. Compared to the price charged at the end of the previous week, there was no change in rate of diesel.
    • The price of diesel didn’t see any change till the end of the month as state-run Oil Marketing Companies (OMCs) decided against changing the rates.
    • The overall performance of diesel in Bangalore witnessed an inclining trend with the percentage change being 1.78%.

    Trend of Diesel Price in Bangalore for June 2020 (Rates per litre):

    Parameters Rates/litre
    1st June Rs.65.94 per litre
    30th June Rs.76.56 per litre
    Highest Rate in June Rs.76.56 per litre on 30 June
    Lowest Rate in June Rs.65.94 per litre from 1 - 4 June
    Overall Performance Incline
    Percentage Change 16.10%

    June – Week 1 (1 - 7):

    • A litre of diesel cost Rs.65.94 on 1st of June in Bangalore. The rates saw no change when compared to the closing price of the previous month. This was the lowest recorded price of the fuel for the month till date.
    • Over the next six days, state-run Oil Marketing Companies (OMCs) kept the rates unchanged in the southern city. There was an increase of 40 paise in the rates on the final day of the week and was retailed for Rs.66.34 per litre.
    • The closing price of the fuel was the highest in the month till date. In the city, there was an incline of 0.60% in the rates.

    June – Week 2 (8 - 14):

    • Diesel price in Bangalore was retailed for Rs.75.22 at the start of the second week of June. The rates of the fuel in the city were increased for the second consecutive day after state-run Oil Marketing Companies (OMCs) restarted the daily revision of prices after an 82-day hiatus.
    • Diesel rates climbed on all days of the week in Bangalore. A litre of the fuel was retailed for Rs.68.66 on 11th June before breaching the Rs.70-mark on the final day of the week.
    • The fuel closed the week at Rs.70.52 per litre in the city. This was the highest recorded price of the diesel for the month till date. The overall performance witnessed a declining trend with the percentage change being 6.94%.

    June – Week 3 (15 – 21):

    • In Bangalore, diesel opened the third week of June at Rs.70.93 per litre. The rates charged for a litre of diesel was up by 41 paise when compared to what was charged on the final day of the previous week.
    • The rates were on an upward curve over the week in the city. With the rates being hiked every day by state-run Oil Marketing Companies (OMCs), the price of diesel climbed to Rs.73.26 per litre on 19th June.
    • The increase in the rates continued and closed the week at Rs.74.41 per litre in Bangalore. The closing price of the fuel was the highest for the month of June till date. The overall performance of the fuel in the city saw an inclining trend with the percentage change being 12.84%.

    June – Week 4 (22 – 30):

    • A litre of diesel was priced at Rs.74.96 in Bangalore at the start of the fourth and final week of June. Compared to the closing price of the previous week, the rates were up by 55 paise in the city.
    • The rates continued to climb in the city and breached the Rs.76-mark on 25th June as oil companies decided against slashing the rates. A litre of diesel cost Rs.76.07 on the mentioned date.
    • Diesel closed the week at Rs.76.56 per litre, the highest recorded price of the fuel for the month of June. The overall performance of the fuel witnessed an inclining trend with the percentage change being 16.10%.

    Trend of Diesel Price in Bangalore for May 2020 (Rates per litre):

    Parameters Rates/litre
    1st May Rs.65.94
    31st May Rs.65.94
    Highest Rate in May Rs.65.94
    Lowest Rate in May Rs.65.94
    Overall Performance Stable
    Percentage Change -

    May – Week 1 (1 - 7):

    • Diesel price in Bangalore stood at Rs.65.94 per litre on the 1st of May, unchanged from its previous day’s closing price.
    • Diesel prices stayed stable throughout the week though the Indian Government increased excise duty on petrol by a record Rs 10 per litre, and on diesel by Rs 13 per litre.
    • The overall performance of diesel in Bangalore was stable with no change in its price whatsoever.

    May – Week 2 (8 - 14):

    • Diesel price in Bangalore stood at Rs.65.94 per litre on the 8th of May, unchanged from its previous day’s closing price.
    • Diesel stayed stable for the next few days and closed the week at Rs. Rs.65.94 per litre even after the Indian Government increased excise duty on petrol by a record Rs 10 per litre, and on diesel by Rs 13 per litre.
    • The overall performance of diesel in Bangalore was 11.39%.

    May – Week 3 (15 - 21):

    • Diesel price in Bangalore stood at Rs.65.94 per litre on the 15th of May, unchanged from its previous day’s closing price.
    • Diesel prices stayed stable for the next few days before jumping to Rs.65.96 per litre. Meanwhile, the Indian Government increased excise duty on petrol by a record Rs 10 per litre, and on diesel by Rs 13 per litre.
    • The overall performance of diesel in Bangalore was 0.03%, trending positive.

    May – Week 4 (22 - 28):

    • Diesel opened the fourth week of May at Rs.65.96 per litre in Bangalore. There was no change in the rates when compared to the closing price of the previous week.
    • The rates slipped in the city on 25th May after staying unchanged for a couple of days. A litre of diesel cost Rs.65.94 in Bangalore following the decline in the rates.
    • There was no change in the rates following that in Bangalore. As the opening and closing price of the fuel for the month of May was the same in the city, the overall performance remained stable.

    May – Week 5 (29 - 31):

    • In Bangalore, diesel was priced at Rs.65.94 at the start of the fifth week of May. Compared to the closing price of the previous week, there was no change in the rates of the fuel.
    • There was no change in the rates over the last three days of the month and closed the month at the same price.
    • The overall performance of diesel was stable in the city as there was no difference in the opening and closing price of the fuel.

    Trend of Diesel Price in Bangalore for April 2020 (Rates per litre):

    Parameters Rates/litre
    1st April Rs.64.40
    28th April Rs.65.94
    Highest Rate in April Rs.65.94
    Lowest Rate in April Rs.64.40
    Overall Performance Incline
    Percentage Change 2.39%

    April – Week 1 (1 - 7):

    • Diesel price in Bangalore stood at Rs.64.40 per litre on the 1st of April, unchanged from its previous day’s closing price.
    • After staying stable for the next few days, diesel jumped to Rs.65.94 per litre. In the international oil market, oil prices fluctuated due to the coronavirus pandemic, diminishing the demand for the oil.
    • The overall performance of diesel in Bangalore was 2.39%.

    April – Week 2 (8 - 14):

    • Diesel price in Bangalore stood at Rs.65.96 per litre on the 8th of April, 2 paise higher than its previous day’s closing price.
    • Diesel dropped by 2 paise and stayed stable for the next few days, closing the week at Rs.65.94 per litre. In the international oil market, oil prices fluctuated due to the coronavirus pandemic, diminishing demand for the oil.
    • The overall performance of diesel in Bangalore was 2.39%.

    April – Week 3 (15 - 21):

    • Diesel price in Bangalore stood at Rs.65.94 per litre on the 15th of April, unchanged from its previous day’s closing price.
    • Diesel stayed stable for the next few days, closing the week at Rs.65.94 per litre. In the international oil market, oil prices crashed two-decade low due to the COVID-19 pandemic, thereby sending ripples across countries.
    • The overall performance of diesel in Bangalore was 2.39%.

    April – Week 4 (22 - 28):

    • Diesel price in Bangalore stood at Rs.64.40 per litre on the 22nd of April, unchanged from its previous day’s closing price.
    • Diesel stayed stable for the next few days, closing the week at Rs.64.40 per litre as the state-run oil marketing companies decided to keep the prices stagnant. In the international oil market, oil prices?crashed a two-decade low due to the COVID-19 pandemic, thereby sending ripples across countries.
    • The overall performance of diesel in Bangalore was 2.39%.

    Trend of Diesel Price in Bangalore for March 2020 (Rates per litre):

    Parameters Rates/litre
    1st March Rs.66.48
    31st March Rs.64.40
    Highest Rate in March Rs.66.48
    Lowest Rate in March Rs.64.40
    Overall Performance Decline
    Percentage Change -3.12%

    March – Week 1 (1 - 7):

    • In Bangalore, the price of diesel opened at the rate of Rs.66.48 per litre on the 1st of March 2020. This was the highest recorded rate for the fuel during the first week of the month.
    • Due to the spread of Corona virus, there has been a slowdown of the economy. In addition to that, investors have been doubtful about investments which has affected the Indian Rupee (INR) and it has taken a hit against the US Dollar (USD). The price of the fuel has taken a hit owing to these factors.
    • In Bangalore, the price of diesel for the first week of March 2020 closed at the rate of Rs.75.47 per litre on 7th March. There was a percentage change of –0.95% in the overall performance of the fuel.

    March – Week 2 (8 - 14):

    • Diesel opened the second week of March at Rs.65.66 per litre in Bangalore. Compared to the previous week’s closing price, the rates slipped by 19 paise for a litre.
    • The fall in the prices was accounted to the biggest daily percentage fall in Brent crude prices since December 2008 on Friday. The rates continued to slip over the week as the outbreak of coronavirus and the price war between Russia and Saudi Arabia meant that crude oil prices continued to slip in the international oil market.
    • Diesel prices in Bangalore closed the week at Rs.64.40 per litre. The closing price was the lowest recorded price for the month till date with the overall performance showing a decline of 3.12% in the prices.

    March – Week 3 (15 - 21):

    • Diesel in Bangalore stood at Rs.64.86 per litre on the 15th of March. Prices kept slumping on the next few days.
    • Diesel closed the week at Rs.64.40 per litre. In the international oil market, oil prices fluctuated due to the coronavirus pandemic.
    • The overall performance of diesel in?Bangalore?was -3.12%, trending downwards.

    March – Week 4 (22 - 31):

    • Diesel price in Bangalore stood at Rs.64.40 per litre on the 22nd of March, unchanged from its previous day’s closing price.
    • Diesel closed the week at Rs.64.40 per litre after state-run oil marketing companies decided not to lower the price further. In the international oil market, oil prices fluctuated due to the coronavirus pandemic, diminishing the demand of the oil.
    • The overall performance of diesel in Bangalore was -3.12%, trending downwards.

    Trend of Diesel Price in Bangalore for February 2020 (Rates per litre):

    Parameters Rates/litre
    1st February Rs.68.45
    29th February Rs.66.66
    Highest Rate in February Rs.68.45
    Lowest Rate in February Rs.66.66
    Overall Performance Decline
    Percentage Change -2.61%

    February – Week 1 (1 – 7):

    • Diesel price in Bangalore stood at Rs.68.45 per litre on the 1st of February, unchanged from its previous day’s closing price. In the international oil market, there’s been a squeeze on oil demand owing to China’s fast spreading coronavirus.
    • The state-run oil marketing companies decided to cut diesel rates further. Diesel closed the week at Rs.67.86 per litre.
    • The overall performance of diesel in Bangalore was -0.86%, trending downwards.

    February – Week 2 (8 - 14):

    • Diesel price in Bangalore stood at Rs.67.60 per litre on the 8th of February, marking a drop from its previous day’s closing price.
    • In the next few days, the state-run oil marketing companies decided to cut diesel rates further. Diesel closed the week at Rs.66.93 per litre, its lowest recorded price for the month.
    • The overall performance of diesel in Bangalore was -2.22%, trending downwards.

    February – Week 3 (15 - 21):

    • Diesel prices in Bangalore started the third week of February at Rs.66.93 per litre. No change in the rates was seen when compared to the closing price of the previous week.
    • The rates slipped to the lowest for the month on 18 February as OMCs cut the prices by 6 paise for every litre. A litre of diesel was retailed for Rs.66.80 in Bangalore on the mentioned date.
    • In the southern city, diesel closed the week at Rs.66.80 per litre after the rates didn’t see any change in the latter half of the week. Diesel’s overall performance witnessed a decline of 2.41% in Bangalore.

    February – Week 4 (22 - 29):

    • Diesel price in Bangalore stood at Rs.66.80 per litre on the 22nd of February, unchanged from the previous day’s closing price.
    • Diesel prices increased a bit for the next couple of days before the oil dropping a bit to close the month at Rs.66.66 per litre, its lowest recorded price for the month of February.
    • The overall performance of diesel in Bangalore was -2.61%, trending downwards.

    Trend of Diesel Price in Bangalore for February 2020 (Rates per litre):

    Parameters Rates/litre
    1st January Rs.70.26
    31st January Rs.68.54
    Highest Rate in January Rs.71.53
    Lowest Rate in January Rs.68.54
    Overall Performance Decline
    Percentage Change -2.44%

    January – Week 1 (1 – 7):

    • The price of petrol opened at the rate of Rs.77.69 per litre in Bangalore for the first week of January 2020. The price of the fuel carried forward the same rate at which it closed on the previous day, i.e. 31st December 2019. For the rest of the week, the price of the fuel increased steadily.
    • There was a hike of more than 2% in the price of Brent crude oil in the international market. The main reason behind this hike was the threat from the US President Donald Trump to impose curbs on Iraq in the light of the recent war-like situation in the Middle East.
    • In Bangalore, the price of petrol came to a close for the first week of January 2020 at the rate of Rs.78.43 which was the highest recorded rate of the fuel for the week. Based on the opening and the closing rates of the fuel in Bangalore, the overall performance of petrol witnessed a percentage change of +0.95%.

    January – Week 2 (8-14)

    • Diesel price in Bangalore started the second week of January at Rs.71.12 per litre. There was no change in the prices when compared to the previous week’s closing price.
    • The rates of the fuel climbed to Rs.71.53 per litre on 11 January in the southern city due to the turmoil in global oil markets because of the US – Iran standoff. This was the highest recorded price of the fuel for the month till date.
    • In Bangalore, diesel price closed the week at Rs.71.42 per litre after the prices fell with the tensions between the United States of America and Iran beginning to ease. Diesel overall performance in the city showed an incline of 1.65%.

    January – Week 3 (15-21) :

    • Diesel price in Bangalore stood at Rs.71.42 per litre, unchanged from its previous day’s closing price. However, prices dropped on the following days after the state-run oil marketing companies decided to slash rates.
    • Diesel stood at Rs.70.79 per litre on the 19th of January, marking a gradual drop from its opening day’s price.
    • Diesel rate closed the week at Rs.70.37 per litre. The overall performance of diesel in Bangalore for the month of January was 0.15%, trending downwards.

    January – Week 4 (22-28):

    • Diesel price in Bangalore started the fourth week of January at Rs.70.37 per litre. There was no change in the rates of the fuel when compared to the previous week’s closing price.
    • As traders feared that oil demand will drop given the impact of the deadly coronavirus on Chinese economy, diesel prices slipped in the city over the week. Since the start of the week, the rates of the fuel declined by Rs.1.52 per litre.
    • In Bangalore, diesel rate closed the week at Rs.68.85 per litre. This was the lowest recorded price of the fuel for the month till date. The overall performance showed a decline of -2.00%.

    January – Week 5 (29-31):

    • Diesel price in Bangalore stood at Rs.68.85 per litre on the 29th of January, unchanged from its previous day’s closing price. Prices fluctuated in the international market owing to coronavirus and its effect on the Chinese economy.
    • Diesel closed the month at Rs.68.54 per litre, its lowest recorded prices for the month of January.
    • The overall performance of diesel in Bangalore was -2.44%, trending downwards.

    Also Check Diesel Price in Metro Cities

    What is Dynamic Fuel Pricing?

    Diesel fuel price fluctuations are attributed to the daily revision of fuel prices in the country under the ‘Dynamic Fuel Pricing’ method. Oil companies consider the fortnight average of crude oil price along with the rupee-dollar exchange rate to fix the retail selling price of diesel or petrol. The new diesel price in Bangalore is effective from 6:00 am IST.

    By keeping fuel prices in India proportional to the global crude oil price, oil companies can offset any losses as well as pass on any benefits to the consumer. Before this mechanism, oil companies revised fuel prices every fortnight, this was before 16 June 2017, when the daily revision was introduced in the country.

    Under the previous method, oil companies used to revise fuel prices every fortnight or 15 days. This led to a sudden incline or decline in fuel prices, sometimes leading to a sudden leap in prices. To avoid burdening the consumer, the daily revision of fuel prices was introduced, with small changes to diesel rates every day.

    Diesel to Become Dearer in the Country (Date:5th July'19)

    The rates of diesel are going to become dearer in the country. Union Finance Minister Nirmala Sitharaman in today’s Union budget proposed to increase special additional excise duty (SAEL) and infrastructure cess on diesel by Re.1 per litre. Sitharaman in her speech stated that with crude prices softening from the highs, the government wants to review excise duty and cess. Currently, the government charges SAED of Rs.1 and road and infrastructure cess of Rs.8 on diesel. She, however, did not share the overall tax gain for the government.

    It is noteworthy to mention that the government had cut the basic excise duty by Rs.2 per litre in last year’s budget. However, it did not result in the prices coming down as the cut was offset by an extra levy of Rs.8 per litre under Levy of Road and Infrastructure Cess. As of Friday, diesel prices remain unchanged in the country for the third consecutive day. In the national capital, every litre cost Rs.64.33.

    Factors Affecting Diesel Prices in Bangalore

    Diesel rates in Bangalore are made up of several important components apart from the oil price and the rupee-dollar exchange value. After the refining process, components such as entry tax, freight charges, refinery charges, oil firm’s margin and logistics are levied before arriving at the basic cost of fuel. Petrol pump owner’s commission, excise duty levied by the Centre and the respective state’s local tax or VAT are later added to the basic cost of fuel.

    While most of these components’ charged are not dynamic, the global crude oil price and the rupee-dollar exchange rate are dynamic. Hence, these two factors are the primary reason why diesel prices fluctuate in India. Let’s review the factors which affect crude oil prices in the international market.

    • Supply and Demand of Crude Oil: he Organisation of Petroleum Exporting Countries (OPEC) along with their strong allies have been the biggest suppliers of crude oil in the global market, thereby influencing oil prices to a large extent. Policies by the OPEC are mainly driven by geopolitical developments. So, any pressure on any one of the OPEC members often leads to a reduction of oil supply and oil prices incline accordingly. Likewise, if there’s an increased supply of oil, prices often drop.
    • Geopolitical Tensions: Political events and crisis lead to a rise in crude oil prices. Conflicts in any of the oil-producing region could potentially lock up supplies, thereby increasing the oil rates. Any crisis such as natural disasters or any political upheaval affects the oil price as well.
    • Future Supply of Crude Oil: The biggest oil-producing and oil-consuming countries reserve large quantities of crude oil to keep their economy healthy in the event of an oil price increase. These countries usually stock up when the prices are lower, and the supply is spread through the economy to keep prices steady.

    Diesel Price Calculation in Bangalore

    Here’s how the diesel price is calculated before it’s retailed in the country by State-run oil firms. Below is the price breakup of diesel price in Bangalore recorded on 3 January 2019.

    Components Diesel Price Calculation (per litre)
    International Crude Oil Price with Ocean Freight $56.5 or Rs.3,967 per barrel
    One Barrel of Crude Oil 159 litres
    Crude Oil – Cost Rs.24.95
    OMCs Cost for Refinery and Logistics Rs.11.74
    Basic Cost of Fuel after Refining Cost Rs.36.69
    Excise Duty + Road Cess Rs.13.83
    Price Charged to Petrol Pump Owners before VAT Rs.50.89
    Commission to Dealers Rs.2.53
    Cost before VAT Rs.53.42
    VAT (21%) Rs.11.22
    Final Retail Price of Diesel as on 3 January 2019 Rs.64.64

    Diesel Price in Bangalore Compared to other Metro Cities

    Diesel prices are different from city to city and between fuel station to fuel station. This is because of taxes levied by the respective state. In Karnataka, the state government levies 21% as VAT on the sale of diesel in the state, while it charges 32% on petrol. Other metro cities such as Mumbai, diesel attracts 24%, in Kolkata its 17% or Rs.7.70 per litre, and in Chennai, it’s 25%.

    Diesel Price Vs. Petrol Price in Bangalore

    The basic cost of both petrol and diesel are the same, however, other charges lower the diesel price. The excise duty levied by the Centre and the VAT charged by the respective State is much lower than levied on petrol, making the diesel price in Bangalore lower than petrol prices.

    Is GST Applicable in Diesel?

    India moved to a new tax regime known as the Goods and Service Tax (GST) which became effective from midnight of 1 July 2017. Under this tax regime, all goods and service were brought under one tax structure. However, five petroleum products such as petrol, diesel, crude oil, natural gas and aviation turbine fuel (ATF) were exempted from attracting the GST.

    Currently, both petrol and diesel continue to attract the excise duty levied by the Centre and the VAT charged by the respective State. The tax incidence of excise duty and VAT is around 45-50% on petrol and 35-40% on diesel. The highest tax rate under GST is 28%, which means, both the Centre and states will lose huge revenue. While the Centre could lose up to Rs.20,000 crore, the states want to keep their revenue pool to meet any contingency.

    Additionally, GST is an ad valorem levy, which is charged as a percentage on the ex-factory rate. This would lead to a massive impact on retail rates whenever refinery gate prices are raised due to an incline in crude oil prices in the international market and the reverse could also be true.

    Also Check Diesel Price in NearBy Cities of Bangalore

    *Disclaimer: BankBazaar makes no guarantee or warranty on the accuracy of the data provided on this page, the prevailing prices are susceptible to change and provided on an as-is basis. We accept no liability for any loss arising from the use of the data contained on this website.

    News About Diesel Price in Bangalore Google Play

    • Diesel prices increased by up to 20 paise across all the metros on 24 November 2020

      OMCs that are controlled by the state increased the prices of diesel by up to 20 paise across all the metros in India on 24 November 2020. Diesel rates have been increased for the fifth day in a row across the four metros. Diesel prices in India depend on the crude oil prices in the global markets and the value of the rupee against the dollar. The updated prices of diesel in Kolkata, Chennai, Mumbai, and Delhi are at Rs.74.98, Rs.76.88, Rs.77.90, and Rs.71.41 for a litre, respectively. Brent crude futures prices increased by 0.1% and were trading at $46.09 for a barrel.

      24 November 2020

    • Diesel rates slashed by 13 – 14 paise on Sunday

      State-owned Oil Marketing Companies (OMCs) on Sunday slashed the price of diesel across the four metropolitan cities. The price of the fuel was reduced by 13 – 14 paise per litre. It must be noted here that this was the third consecutive day when the prices were cut. Following the revision, a litre of diesel was retailed for Rs.70.80 in Delhi, Rs.77.22 in Mumbai, Rs.76.27 in Chennai, and Rs.74.32 in Kolkata. The price of diesel was the cheapest in the national capital among all metropolitan cities due to lower taxes.

      In the international market, crude oil rates edged lower on Friday. The prices were down by more than 2 percent as the number of coronavirus cases increased and oil supply set to increase in the upcoming weeks. The futures of Brent crude and US West Texas Intermediate (WTI) crude were down by 2 and 6 cents respectively and were trading at $41.92 and $40.25 per barrel.

      27 September 2020

    • No changes made to the prices of diesel across the major cities in India on 28 August

      OMCs that are run by the state did not make any changes to the prices of diesel across the major cities in India on 28 August 2020. No changes have been made to the prices of diesel for more than 10 days. The prices of diesel are different from state-to-state due to VAT. Diesel prices in India depend on various factors such as the foreign exchange rates, excise duty, and crude oil prices. According to the details available on the official website of Indian Oil, the prices of diesel in Mumbai, Chennai, Delhi, and Hyderabad are at Rs.80.11, Rs.78.86, Rs.73.56, and Rs.80.17 for a litre, respectively. Crude oil prices in the global markets increased. Brent crude prices increased by 0.16% and were trading at $44.73 for a barrel.

      28 August 2020

    • State-run OMCs do not make any changes to the prices of diesel on 12 August 2020

      OMCs that are run by the state did not make any changes to the prices of diesel across all the metros in India on 12 August 2020. Diesel prices vary from state-to-state due to VAT. From 7 June, OMCs resumed revising diesel prices on a daily basis. Before that, the prices of diesel had not been revised for 82 days in a row. While the prices of petrol have not been changed for over a month, diesel prices have been revised on a regular basis. As per the details available on the official website of Indian Oil Corporation, the prices of diesel in Chennai, Kolkata, Mumbai, and Delhi are at Rs.78.86, Rs.77.06, Rs.80.11, and Rs.73.56 for a litre, respectively. Since India imports more than 80% of its crude requirements, the value of the rupee against the dollar and the crude oil prices in the international market determine the prices of diesel in the country.

      12 August 2020

    • No changes made to the prices of diesel in all the metros on 24 July 2020

      Oil marketing companies that are managed by the state did not make any changed to the prices of diesel across the metros on 24 July 2020. Depending on the state, the prices of diesel will be different due to VAT. The price of diesel in the national capital remained the same when compared to 23 July 2020 and is at Rs.81.64 for a litre. The VAT on diesel in the national capital was increased from 16.75% to 30% on 5 May 2020. The prices of diesel are more than the prices of petrol since 24 June 2020. The prices of diesel in Chennai, Mumbai, and Kolkata remain cheaper than the prices of petrol and are at Rs.78.60, Rs.79.83, and Rs.76.77 for a litre, respectively. Since India imports around 83% of its crude requirements, the crude oil prices in the global markets and the value of the rupee against the dollar determine the prices.

      24 July 2020

    • Diesel prices remain stagnant across the major cities on 30 June 2020

      Oil marketing companies that are managed by the state did not increase the prices of diesel across the major cities in India on 30 June 2020. On 29 June 2020, the prices of diesel were increased by up to 13 paise.

      Since 7 June 2020, OMCs began restarting revising the prices of diesel on a daily basis. Before 7 June, the prices of diesel had not been revised for 82 days in a row. In Delhi, the price of diesel remained the same when compared to 29 June 2020 and is at Rs.80.53 for a litre. For the seventh day in a row, the price of diesel in Delhi is costlier than petrol. Over the last three weeks, the prices of diesel have been increased by Rs.11.14 for a litre. According to the details available on the official website of Indian Oil Corporation, the updated prices of diesel in Noida, Gurugram, Mumbai, Chennai, and Kolkata are at Rs.72.59, Rs.72.77, Rs.78.83, Rs.77.72, and Rs.75.64 for a litre, respectively. According to the Union Petroleum Minister, the prices of diesel have been increased due to the low demand because of the coronavirus outbreak and its impact on the economy. Since more than 80% of India’s crude requirements are imported, the value of the rupee against the dollar and the crude oil prices in the international markets determine the prices of diesel in the country.

      30 June 2020

    • Diesel prices remain the same across the major cities on 11 May 2020

      Oil marketing companies that are run by the state did not make any changes to the prices of diesel across the major cities in India on 12 May 2020. The prices of diesel have remained stagnant even though crude oil prices have reduced.

      The base price of diesel has not been altered since 16 March 2020. Earlier, the prices of diesel in Uttar Pradesh, Karnataka, Haryana, Maharashtra, and West Bengal were increased due to a hike in VAT. The price of diesel in Delhi has remained the same when compared to 11 May 2020 and is at Rs.69.39 for a litre. Diesel prices are the cheapest in Delhi when compared to all other metros and most state capitals due to lower taxes. The prices of diesel in Noida, Hyderabad, Chennai, Bengaluru, Kolkata, and Mumbai remained the same when compared to 11 May 2020. The updated prices of petrol in Noida, Hyderabad, Chennai, Bengaluru, Kolkata, and Mumbai are at Rs.63.97, Rs.67.82, Rs.68.22, Rs.65.96, Rs.65.62, and Rs.66.21 for a litre, respectively. Since around 83% of India’s crude requirements are imported, the value of the rupee against the dollar and the crude oil prices in the international markets determine the prices of diesel in the country. The prices of Brent crude oil futures in the international markets increased by 0.71% and are at $29.84 for a barrel.

      12 May 2020

    • Diesel prices remain stagnant across many cities for 38 days in a row

      Oil marketing companies that are run by the state did not make any changes to the prices of diesel across the major cities in India on 23 April 2020. The prices of diesel have remained the same in many cities for 38 consecutive days.

      In Delhi, the price of diesel has remained the same when compared to 22 April 2020 and is at Rs.62.29 for a litre. When compared to most cities and all the metros, diesel prices are the cheapest in Delhi because of lower taxes. The prices of diesel in the national capital were reduced by Rs.2.01 for a litre in March. On 1 April 2020, diesel prices were increased in Mumbai, Kolkata, and Bengaluru because of a hike in VAT. The prices of diesel in Gurugram, Noida, Hyderabad, Kolkata, Mumbai, and Chennai remained the same as well when compared to 22 April 2020. The updated prices of diesel in Gurugram, Noida, Hyderabad, Kolkata, Mumbai, and Chennai are Rs.62.08, Rs.62.96, Rs.67.82, Rs.65.52, Rs.66.21, and Rs.65.71 for a litre, respectively. Since around 83% of India’s crude requirements are imported, the value of the rupee against the dollar and the crude oil prices in the international markets determine the prices of diesel in the country. Brent crude oil prices in the global markets have reduced by nearly 50% since the coronavirus outbreak.

      23 April 2020

    • Diesel prices remain stagnant for 23 consecutive days across many cities

      Oil marketing companies that are run by the state did not make any changes to the prices of diesel across the major cities in India on 8 April 2020. Diesel prices have remained stagnant for 23 days in a row across many cities.

      In Delhi, the price of diesel has remained the same as on 7 April 2020 and is at Rs.62.29 for a litre. Diesel prices are the cheapest in Delhi when compared to most state capitals and all the metros because of lower taxes. On 1 April 2020, the prices of diesel in Bengaluru, Kolkata, and Mumbai were increased by up to Rs.1.5 because of a hike in VAT by state governments. As per the details available on the official website of Indian Oil Corporation, the prices of diesel in Gurugram, Noida, Hyderabad, Bengaluru, Kolkata, and Chennai have remained the same as well when compared to 7 April 2020. The updated prices of diesel in Gurugram, Noida, Hyderabad, Bengaluru, Kolkata, and Chennai are at Rs.62.08, Rs.62.96, Rs.67.82, Rs.65.96, Rs.65.62, and Rs.65.72 for a litre, respectively. Since around 80% of India’s crude requirements are imported, the crude oil prices in the international markets and the value of the rupee against the dollar determine the prices of diesel in the country. Brent crude oil futures prices in the international markets increased by 2.8% and were trading at $32.59 for a barrel.

      8 April 2020

    • Diesel prices across the major cities in India remain the same for 14 consecutive days

      Oil marketing companies that are run by the state did not make any changes to the prices of diesel across the major cities in India on 30 March 2020. The prices of diesel have not changed for 14 days in a row.

      Even though the prices of Brent crude oil in the global markets have reduced by 5% and are below $25 for a barrel, diesel rates have not been reduced in India. In Delhi, the price of diesel is the same as 29 March 2020 and is at Rs.69.59 for a litre. The prices of diesel are the cheapest in Delhi when compared to most other cities in India as lower taxes are levied. In March, the prices of diesel in the National Capital Region (NCR) have been reduced by Rs.2.01. The prices of diesel in Mumbai, Kolkata, Chennai, Gurugram, Noida, Hyderabad, and Bengaluru remained the same as well when compared to 29 March 2020. The updated prices of diesel in Mumbai, Kolkata, Chennai, Gurugram, Noida, Hyderabad, and Bengaluru are Rs.75.30, Rs.72.29, Rs.72.28, Rs.70.21, Rs.72.03, Rs.73.97, and Rs.71.97 for a litre, respectively. Since more than 80% of India’s crude requirements are imported, the value of the rupee against the dollar and the crude oil prices in the international markets affect the prices of diesel in the country. According to the chairman of Indian Oil Corp, more than enough fuel is available to last beyond the 21-day lockdown.

      30 March 2020

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