Petrol Price In Chennai Today

  • Today's Petrol Price in Chennai( 08 Mar 2021 )

    ₹ 93.1
    Current Petrol Price Per Litre

    Compare Petrol Price in Chennai (Today & Yesterday)

    Today
    Yesterday
    Rate Change
    Petrol ( / litre) ₹ 93.1 ₹ 93.1 ₹ 0 ↑

    Petrol Price in Chennai - Last 10 Days Data

    Date Petrol ( / litre)
    08 Mar 2021 ₹ 93.1
    07 Mar 2021 ₹ 93.1
    06 Mar 2021 ₹ 93.1
    05 Mar 2021 ₹ 93.1
    04 Mar 2021 ₹ 93.1
    03 Mar 2021 ₹ 93.1
    02 Mar 2021 ₹ 93.1
    01 Mar 2021 ₹ 93.1
    28 Feb 2021 ₹ 93.1
    27 Feb 2021 ₹ 93.1

    Petrol Rate Trend in Chennai

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

    Find the current petrol price in Chennai and factors affecting price of petrol in India. The below petrol rate trend in Chennai offers insights such as the highest and lowest petrol prices recorded during a month.

    Trend of Petrol Price in Chennai for February 2021 (Rates per litre):

    Parameters Rates/litre
    1st February Rs.88.80
    28th February Rs.92.58
    Highest Rate in February Rs.92.58
    Lowest Rate in February Rs.88.80
    Overall Performance Incline
    Percentage Change 4.25%

    February - Week 1 (1-7):

    • Petrol price in Chennai stood at Rs.88.80 per litre on the 1st of February as prices continued to rise.
    • Petrol closed the week at Rs.89.37 per litre.
    • The overall percentage change was 0.64%.

    February – Week 2 (8 - 14):

    • Petrol price in Chennai continued to rise like any other city in India, closing the week at Rs.90.94 per litre.
    • This was the highest recorded price for the month of February.
    • The overall percentage change for petrol was 2.40%.

    February – Week 3 (15 - 21):

    • Petrol price in Chennai continued to rise like any other city in India, closing the week at Rs.92.58 per litre.
    • This was the highest recorded price for the month of February.
    • The overall percentage change for petrol was 4.25%.

    February – Week?4?(22 - 28):

    • Petrol price in Chennai continued to rise like any other city in India, closing the week at Rs.92.58 per litre.
    • This was the highest recorded price for the month of February.
    • The overall percentage change for petrol was 4.25%.

    Trend of Petrol Price in Chennai for January 2021 (Rates per litre):

    Parameters Rates/litre
    1st January Rs.86.48
    31st January Rs.88.80
    Highest Rate in January Rs.88.80
    Lowest Rate in January Rs.86.48
    Overall Performance Incline
    Percentage Change 2.68%

    January - Week 1 (1-7):

    • Petrol price in Chennai stood at Rs.86.48 per litre on the 1st of January.
    • Petrol prices increased in the next few days, closing the week at Rs.86.96 per litre.
    • The overall percentage change was 0.55%.

    January – Week 2 (8 - 14):

    • Petrol price in Chennai stood at Rs.86.96 per litre on the 8th of January as prices continued to rise.
    • Petrol prices increased in the next few days, closing the week at Rs.87.40 per litre.
    • The overall percentage change was 1.06%.

    January – Week 3 (15 - 21):

    • At the start of the third week of January, the price of petrol was Rs.87.50 per litre in Chennai. The price of the fuel was up by 10 paise when compared to the closing price of the previous week.
    • Petrol price in Chennai slipped in the next two days before increasing gradually. The fuel recorded its highest price for the month till date on 19th January with a litre costing Rs.87.83.
    • In Chennai, petrol closed at the same price after the rates didn’t see any change over the remainder of the week. The trend witnessed in the metropolitan city was one of incline with the percentage change being 1.58%.

    January – Week 4 (22 - 31):

    • Petrol price in Chennai stood at Rs.88.05 per litre on the 22nd of January as prices continued to rise.
    • Petrol closed the month at Rs.88.80 per litre.
    • The overall percentage change was 2.68%.

    Trend of Petrol Price in Chennai for December 2020 (Rates per litre):

    Parameters Rates/litre
    1st December Rs.85.31
    31st December Rs.86.48
    Highest Rate in December Rs.86.51
    Lowest Rate in December Rs.85.31
    Overall Performance Incline
    Percentage Change 1.37%

    December - Week 1 (1-7):

    • Petrol price in Chennai stood at Rs.85.31 per litre on the 1st of December.
    • Petrol prices continued to go up, closing the week at Rs.86.51 per litre.
    • Massive increase in oil prices could be attributed to increase in global crude oil prices and higher fuel taxes levied by the central and state governments.

    December – Week 2 (8 - 14):

    • Petrol price in Chennai stood at Rs.86.51 per litre on the 8th of December.
    • Petrol prices rose a bit, closing the week at Rs.86.53 per litre.
    • The overall percentage change was 1.43%.

    December – Week 3 (15 - 21):

    • Petrol price in Chennai stood at Rs.86.61 per litre on the 15th of December.
    • Petrol prices fluctuated a bit before closing the week at Rs.86.51 per litre.
    • The overall percentage change was 1.40%.

    December – Week 4 (22 - 28):

    • Petrol price in Chennai stood at Rs.86.51 per litre on the 22nd of December.
    • Petrol prices increased a bit to Rs.86.61 per litre before dropping back to Rs.86.53 per litre.
    • The overall percentage change was 1.43%.

    December – Week 5(29 - 31):

    • Petrol price in Chennai stood at Rs.86.48 per litre on the 29th of December.
    • Petrol prices were stable, closing the week at Rs.86.48 per litre.
    • The overall percentage change was 1.37%.

    Trend of Petrol Price in Chennai for November 2020 (Rates per litre):

    Parameters Rates/litre
    1st November Rs.84.14
    30th November Rs.85.31
    Highest Rate in November Rs.85.31
    Lowest Rate in November Rs.84.14
    Overall Performance Fluctuating
    Percentage Change 0.57%

    November - Week 1 (1-7):

    • Petrol price in Chennai stood at Rs.84.14 per litre on the 1st of November, dropping a bit from its previous day’s closing price.
    • After staying stable for the next few days, petrol increased to Rs.84.23 per litre on the 6th of November. Petrol in Chennai closed the week at Rs.84.19 per litre.
    • The overall percentage change was 0.05%.

    November – Week 2 (8-14):

    • Petrol price in Chennai stood at Rs.84.14 per litre on the 8th of November, dropping a bit from its previous day’s closing price.
    • Petrol closed the week at Rs.84.19 per litre, showing n upward trend
    • The overall percentage change of petrol in Chennai was 0.07%.

    November – Week 3 (15-22):

    • Petrol price in Chennai stood at Rs.84.62 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 petrol in Chennai was 0.57% 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 csandidate.

    November – Week 4 (22-30):

    • Petrol price in Chennai stood at Rs.85.31 per litre on the 30th of November, showing a steady hike as state-run oil marketing companies decided to hike oil prices.
    • The overall percentage change of petrol in Chennai was 1.39% upwards.
    • In the international oil market, oil prices rose due to increased demand catapulted by the possible release of COVID vaccine.

    Trend of Petrol Price in Chennai for October 2020 (Rates per litre):

    Parameters Rates/litre
    1st October Rs.84.14
    31st October Rs.84.14
    Highest Rate in October Rs.84.19
    Lowest Rate in October Rs.84.14
    Overall Performance Stable
    Percentage Change 0%

    October - Week 1 (1-7):

    • Petrol in Chennai stood at Rs.84.14 per litre on the 1st of October, unchanged from its previous day’s closing price.
    • Petrol price in Chennai witnessed a slight hike, going up to Rs.84.23 per litre.
    • Prices fell again with petrol closing the week at Rs.84.15 per litre.

    October – Week 2 (8 - 14):

    • Petrol in Chennai stood at Rs.84.14 per litre on the 8th of October, unchanged from its previous day’s closing price.
    • Petrol price in Chennai increased to Rs.84.23 per litre before dropping back to Rs.84.14 per litre.
    • In the international oil market, prices dropped because of the concerns related to spike in coronavirus cases.

    October – Week 3 (15 - 21):

    • A litre of petrol was retailed for Rs.84.19 in Chennai at the start of the third week of October. Compared to the closing price of the previous week, the price was up by 5 paise.
    • The price of petrol remained stagnant in the metropolitan city till 18th October before falling by 5 paise on 19th October.
    • Petrol price in Chennai closed the week at Rs.84.14 per litre. The overall performance of the fuel in the city was stable.

    October – Week 4 (22 - 28):

    • In Chennai, a litre of petrol was retailed for Rs.84.14 at the start of the fourth week of October. When compared to the closing price of the previous week, the price of the fuel saw no change.
    • While the price of petrol remained stagnant the next day, it climbed to Rs.84.19 per litre on 24th October.
    • Petrol price in Chennai closed the week at Rs.84.23 per litre, which was the highest recorded price of the fuel for the month till date. The overall performance of the fuel witnessed an inclining trend with the percentage change being 0.10%.

    October – Week 5 (29 - 31):

    • Petrol price in Chennai stood at Rs.84.14 on the 29th of October, unchanged from previous day’s closing price.
    • Petrol closed the month at the same price with no change whatsoever.
    • 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 Petrol Price in Chennai for September 2020 (Rates per litre):

    Parameters Rates/litre
    1st September Rs.85.09
    30th September Rs.84.14
    Highest Rate in September Rs.85.09
    Lowest Rate in September Rs.84.14
    Overall Performance Decline
    Percentage Change -1.11%

    September - Week 1 (1-7):

    • At the start of September, a litre of petrol was retailed for Rs.85.09 in Chennai. Compared to the price charged on the final day of the previous month, the price was up by 4 paise.
    • The price of petrol witnessed an inclining trend in the metropolitan city over the week. Petrol recorded its lowest price for the month till now on 4th September when a litre of petrol cost Rs.85.04.
    • Petrol price in Chennai closed the week at Rs.85.11 per litre. This was the highest price for the month of September till now. The percentage change stood at 0.02%.

    September – Week 2 (8 to 14):

    • For the month of September, petrol opened at the rate of Rs.85.09 per litre in Chennai. 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. The lowest price of the fuel was recorded on 14th September wherein it stood at the rate of Rs.84.78 per litre.
    • On the last day of the second week, that is on 14th September, the liquid gold was being traded at the rate of Rs.84.78 per litre. The overall performance of the fuel witnessed a decline of –0.36%.

    September – Week 3 (15 to 21):

    • Petrol price in Chennai dipped over the second week of September, though the oil price sill breached the 80 rupee mark.
    • Petrol closed the week at Rs.84.26 per litre.
    • The overall performance of petrol in Chennai was –0.97%, going stable.

    September – Week 4 (22 - 30):

    • A litre of petrol was retailed for Rs.84.19 in Chennai 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 7 paise.
    • The price of petrol remained unchanged for major part of the final week. The rate fluctuated over the last three days and closed at Rs.84.14 per litre.
    • The overall performance witnessed a declining trend with the percentage change being -1.11%.

    Trend of Petrol Price in Chennai for August 2020 (Rates per litre):

    Parameters Rates/litre
    1st August Rs.83.62
    31st August Rs.85.05
    Highest Rate in August Rs.85.05 on 30 and 31 August
    Lowest Rate in August Rs.83.62 on 1, 10, 11 and 15 August
    Overall Performance Incline
    Percentage Change 1.71%

    August - Week 1 (1-7):

    • The price of petrol in Chennai at the start of the first week of August was Rs.83.62 per litre. There was a decline of Re.1 when compared to the price charged on the final day of the previous month.
    • Petrol rates increased in the city the following day and recorded its highest price for the month. A litre of petrol was retailed for Rs.83.63 on the mentioned date.
    • The overall performance of petrol in Chennai witnessed an inclining trend over the opening week with the percentage change being 0.01%.

    August – Week 2 (8 – 14):

    • At the start of the second week of August, a litre of petrol price in Chennai was being traded at the rate of Rs.83.62 in Chennai. Compared to the closing price of the previous week, the price of the fuel dropped by 1 paisa per litre.
    • Throughout the month, the price of the fuel was more or less stable and had witnessed only minor fluctuations. There was an increase or decrease of 1 paisa per litre in the price of the liquid gold.
    • The highest price of the fuel which was recorded in the month of August was Rs.83.64. This was recorded on 6 August. There was an overall increase of 0.01% in the performance of the fuel.

    August – Week 3 (15 – 21):

    • At the start of the third week of August, a litre of petrol was retailed for Rs.83.62 in Chennai. There was a drop of 1 paise in the rate of the fuel when compared to the closing price of the previous week.
    • Over the week, the price of the fuel was on an upward curve in the metropolitan city. Having seen an increase of 36 paise since the start of the start of the week, a litre of petrol was retailed for Rs.83.99 on 18th August.
    • Petrol price in Chennai closed the week at Rs.84.26 per litre. This was the highest price for the month of August till date. The overall performance witnessed an inclining trend with the percentage change being 0.76%.

    August – Week 4 (22 – 31):

    • The month of August opened with petrol being traded at the rate of Rs.83.62 per litre in Chennai. When compared to the previous rates, there was no change in the price of the fuel
    • The price of the fuel witnessed a gradual rise for the rest of the month. The lowest recorded price of the fuel was Rs.83.62 per litre.
    • The 4th week of August ended on 31st August wherein the liquid gold was being traded at the rate of Rs.85.05 per litre. The overall performance of the fuel witnessed an incline of 1.71%.

    Trend of Petrol Price in Chennai for July 2020 (Rates per litre):

    Parameters Rates/litre
    1st July Rs.83.63
    31st July Rs.83.63
    Highest Rate in July Rs.83.67 on July 29
    Lowest Rate in July Rs.83.62 on July 4 and from 6 – 28
    Overall Performance Stable
    Percentage Change --

    July - Week 1 (1-7):

    • Petrol price in Chennai opened the month of July at Rs.83.63 per litre. When compared to the price charged on the final day of the previous month, there was no change in the rates. The opening price of the fuel was the highest for the month till date.
    • While the rates remained stagnant over the next couple of days, it slipped by 1 paise on 4th of July and was retailed for Rs.83.62 per litre in the metropolitan city. This was the lowest recorded price of the fuel for the month.
    • In Chennai, petrol rates recovered on 5th of July before dropping again and closing the week at Rs.83.62 per litre. The overall performance witnessed a declining trend with the percentage change standing at -0.01%.

    June – Week 2 (8 - 14):

    • Petrol opened the second week of July at Rs.83.62 per litre in Chennai. There was no change in the rates when compared to the closing price of the previous week.
    • The rates of the petrol remained stagnant in the metropolitan city over the week as state-run Oil Marketing Companies (OMCs) decided against increasing or decreasing it.
    • The overall performance of the fuel witnessed a declining trend in the city. The percentage change recorded in the rates stood at -0.01%.

    July - Week 3 (15 – 21):

    • Petrol price in Chennai was Rs.83.62 per litre on 15th July. There was no change in the rates when compared to the closing price of the previous week.
    • The rates of petrol saw no change in the metropolitan city over the third week of July.
    • Petrol witnessed a declining trend in Chennai with the percentage change being -0.01%.

    July - Week 4 (22 – 28):

    • In Chennai, the price of petrol at the start of the fourth week of July was Rs.83.62 per litre. There was no change in the rates when compared to the price charged on the last day of the previous week.
    • Petrol rates didn’t see any change over the week in the metropolitan city.
    • Petrol price in Chennai witnessed a declining trend. The percentage change recorded in the rates was -0.01%.

    July - Week 5 (29 – 31):

    • The price of petrol in Chennai was Rs.83.67 per litre at the start of the fifth week of July. Compared to the price charged on the final day of the previous week, the rate was up by 5 paise.
    • Having recorded its highest price for the month on 29th July, petrol rates slipped to Rs.83.63 per litre in the metropolitan city, the next day.
    • Diesel closed the month in the city at the same price with the fuel’s overall performance being stable.

    Trend of Petrol Price in Chennai for June 2020 (Rates per litre):

    Parameters Rates/litre
    1st June Rs.75.52 per litre
    30th June Rs.83.63 per litre
    Highest Rate in June Rs.83.63 per litre on 30 June
    Lowest Rate in June Rs.75.52 per litre from 1 - 4 June
    Overall Performance Incline
    Percentage Change 10.70%

    June - Week 1 (1-7):

    • petrol price in Chennai was retailed for Rs.75.52 per litre on 1 June. Compared to the closing price of the previous month, there was no change in the rates. The opening price of the fuel in the city was the lowest for the month till date.
    • Over the first six days of the month, the rates didn’t see any change in the city. The price of petrol climbed by 60 paise on 7th June and cost Rs.76.12 per litre. This was highest price of the fuel for the month till date.
    • In Chennai, the overall performance of the fuel witnessed an inclining trend. The percentage change recorded in the rates was 0.79%.

    June– Week 2 (8 – 14) :

    • In Chennai, the cost of a litre of petrol was Rs.76.60 on 8th June. Over the week, the rates witnessed an incline in the rates with the percentage change being 5.28%.
    • Petrol rates in the metropolitan city climbed to Rs.77.55 per litre on 10th June. The increase in the rates continued in the city following days.
    • Petrol closed the week at Rs.79.53 per litre. This was the highest recorded price of the fuel for the month of June in Chennai.

    June – Week 3 (15 – 21):

    • In Chennai, petrol opened the third week of June at Rs.79.96 per litre. There was an incline of 43 paise in the rates when compared to the closing price of the previous week.
    • Over the week, the rates of fuel witnessed an inclining trend in the southern metropolitan city as state-owned Oil Marketing Companies continued to hike the rates after the daily revision of rates resumed after an 82-day hiatus on June 7.
    • Petrol closed the week at Rs.82.58 per litre, the highest price of petrol for the month till date. The percentage change seen in the city when it comes to the rate of petrol was 9.31%

    June – Week 4 (22 – 30):

    • Petrol price in chennai opened the last week of June at Rs.82.87 per litre. The rates were up by 29 paise in the metropolitan when compared to the price charged on the final day of the previous week.
    • The rates continued to climb in the city on all days except on 24th June before dropping sharply on 29th June. A litre of petrol was retailed for Rs.80.43 on the mentioned date.
    • The fuel recovered and jumped to Rs.83.63 per litre on the final day of the week. This was the highest recorded price of petrol for the month of June in Chennai. The percentage change recorded in the rates stood at 10.70% with the overall performance witnessing an inclining trend.

    Trend of Petrol Price in Chennai for May 2020 (Rates per litre):

    Parameters Rates/litre
    1st May Rs.72.28
    31st May Rs.75.52
    Highest Rate in May Rs.75.78
    Lowest Rate in May Rs.72.28
    Overall Performance Incline
    Percentage Change 4.48%

    May - Week 1 (1-7):

    • Petrol price in Chennai stood at Rs.75.28 per litre on the 1st of May, unchanged from its previous day’s closing price.
    • Petrol stayed stable for the next few days, but prices jumped to Rs.75.54 per litre 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 petrol in Chennai was 0.34%, trending upwards.

    May – Week 2 (8 - 14):

    • Petrol price in Chennai stood at Rs.75.54 per litre on the 8th of May, unchanged from its previous day’s closing price.
    • Petrol stayed stable for the next few days and closed the week at Rs.75.54 per litre 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 petrol in Chennai was 4.51%.

    May – Week 3 (15 - 21):

    • Petrol price in Chennai stood at Rs.75.55 per litre on the 15th of May, a paise higher than its previous day’s closing price.
    • Petrol prices jumped a bit before falling to and closing the week at Rs.75.66 per litre. Meanwhile, the Indian Government increased the excise duty on petrol by a record Rs 10 per litre, and on diesel by Rs 13 per litre.
    • The overall performance of petrol in Chennai was 4.67%, showing a positive trend.

    May – Week 4 (22 - 28):

    • Petrol opened the fourth week of May at Rs.75.54 per litre in Chennai. When compared to the closing price of the previous week, the rates were down by 12 paise for every litre.
    • The rates witnessed slight fluctuations over the week in the metropolitan city. Having stayed constant for a day, the rates increased slightly on 24th and 25th May. A litre was retailed for Rs.75.60 on 25th May before slipping the next day.
    • Petrol closed the week at Rs.75.54 per litre in the city. The overall performance witnessed an inclining trend with the recorded percentage change standing at 4.51%.

    May – Week 5 (29 – 31):

    • At the start of the fifth week of May, a litre of petrol cost Rs.75.66 in Chennai. When compared to what was charged on the final day of the previous week, the rates were up by 12 paise for every litre.
    • The rates declined over the last two days of the month and closed the month at Rs.75.52 per litre.
    • Petrol’s overall performance in the metropolitan city witnessed an inclining trend with the percentage change being 4.48%.

    Trend of Petrol Price in Chennai for April 2020 (Rates per litre):

    Parameters Rates/litre
    1st April Rs.72.26
    28th April Rs.72.28
    Highest Rate in April Rs.72.37
    Lowest Rate in April Rs.72.26
    Overall Performance Incline
    Percentage Change 0.02%

    April - Week 1 (1-7):

    • Petrol price in Chennai stood at Rs.72.26 per litre on the 1st of April, unchanged from its previous day’s closing price.
    • After staying stable for the next few days, petrol jumped to Rs.72.28 per litre on account of hike in state sales tax or VAT rates. In the international oil market, demand for the crude were low due to the ongoing COVID-19 pandemic.
    • The overall performance of petrol in Chennai was 0.02%.

    April – Week 2 (8 - 14):

    • Petrol in Chennai stood at Rs.72.28 per litre on the 8th of April, unchanged from its previous day’s closing price.
    • Petrol price in Chennai fluctuated for the next few days before closing the week at Rs.72.29 per litre. In the international oil market, oil prices fluctuated due to the coronavirus pandemic, diminishing demand for the oil.
    • The overall performance of petrol in Delhi was -0.04%.

    April – Week 3 (15 - 21):

    • Petrol price in Chennai stood at Rs.72.28 per litre on the 15th of April, 1 paise lower than its previous day’s closing price.
    • Petrol prices jumped to Rs.72.37 per litre but dropped again, closing the week at Rs.72.28 per litre. In the international oil market, oil prices crashed record two-decade low due to the COVID-19 pandemic, thereby sending ripples across countries.
    • The overall performance of petrol in Chennai was 0.02%.

    April – Week 4 (22 - 28):

    • Petrol price in Chennai stood at Rs.72.28 per litre on the 22nd of April, unchanged from its previous day’s closing price.
    • Petrol jumped to Rs.77.28 per litre on the 24th of April before falling back to Rs.72.28 per litre. 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 petrol in Chennai was 0.02%.

    Trend of Petrol Price in Chennai for March 2020 (Rates per litre):

    Parameters Rates/litre
    1st March Rs.74.79
    31st March Rs.72.26
    Highest Rate in March Rs.74.79
    Lowest Rate in March Rs.72.26
    Overall Performance Decline
    Percentage Change -2.99%

    March - Week 1 (1-7):

    • The Petrol price in Chennai opened at the rate of Rs.74.49 per litre for the first week of March 2020. This was also the highest rate for the fuel during the first week of the month.
    • The price of liquid gold has been witnessing a constant drop in its price owing to the falling rate of the Indian Rupee (INR) against the US Dollar (USD). The spreading out of Corona virus has also affected the economy to a huge extent. This, in turn, has taken a toll on the price of petroleum as well.
    • For the first week of March 2020, petrol closed at the rate of Rs.73.76 per litre on 7th March. There was an overall percentage change of –0.98% in the performance of the fuel.

    March – Week 2 (8 - 14):

    • Petrol opened the second week of March at Rs.73.56 in Chennai. Compared to the previous week’s closing price, the rates witnessed a drop of 20 paise for every litre. The drop in the prices was accounted to the fact that Brent crude prices recorded its biggest daily percentage fall since December 2008 on Friday when the rates fell by nearly 9 percent.
    • The rates continued to fall substantially over the week as crude oil prices continued to plunge due to the outbreak of coronavirus and the price war between Russia and Saudi Arabia. As of 11 March, petrol prices stood at Rs.73.01 per litre in the southern metropolitan city.
    • The rates closed the week at Rs.72.26 per litre, the lowest recorded price for the month till date. Petrol’s overall performance in Chennai showed a decline of 3.38% in the prices.

    March – Week 3 (15 - 21):

    • Petrol in Chennai stood at Rs.72.69 per litre on the 15th of March. Prices kept slumping on the next few days.
    • Petrol closed the week at Rs.72.26 per litre. In the international oil market, oil prices fluctuated due to the coronavirus pandemic.
    • The overall performance of petrol in Chennai was -2.99%, trending downwards.

    March – Week 4 (22 - 31):

    • Petrol price in Chennai stood at Rs.72.26 per litre on the 22nd of March, unchanged from its previous day’s closing price.
    • Petrol closed the week at Rs.72.26 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 petrol in Chennai was -2.99%, trending downwards.

    Trend of Petrol Price in Chennai for February 2020 (Rates per litre):

    Parameters Rates/litre
    1st February Rs.76.01
    29th February Rs.74.64
    Highest Rate in February Rs.76.01
    Lowest Rate in February Rs.74.64
    Overall Performance Decline
    Percentage Change -1.80%

    February - Week 1 (1-7):

    • Petrol price in Chennai stood at Rs.76.01 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 petrol rates further. Petrol closed the week at Rs.75.47 per litre.
    • The overall performance of petrol in Chennai was -0.71%, trending downwards.

    February – Week 2 (8 - 14):

    • Petrol price in Chennai stood at Rs.75.23 per litre on the 8th of February, trending a bit lower compared to its previous day’s closing price.
    • In the next few days, the state-run oil marketing companies decided to cut petrol rates further. Petrol closed the week at Rs.74.69 per litre, its lowest recorded price for the month.
    • The overall performance of petrol in Chennai was -1.73%, trending downwards.

    February – Week 3 (15 - 21):

    • Petrol prices in Chennai started the third week of February at Rs.74.69 per litre. There was no change in the rates when compared to the closing price of the previous week.
    • Oil Marketing Companies (OMCs) kept the rates of petrol unchanged for the next couple of days. However, the rates slipped by 5 paise on 18 February and was retailed for Rs.74.64. This was the lowest recorded price for the month till date in the southern metropolitan city.
    • The fuel closed the week at the same price as the rates saw no change over the next few days. The overall performance of petrol showed a declining trend of 1.80% in Chennai.

    February – Week 4 (22 - 29):

    • Petrol price in Chennai stood at Rs.at Rs.74.64 per litre on the 22nd of February, unchanged from the previous day’s closing price.
    • Petrol prices increased a bit for the next couple of days before dropping back to Rs.74.64 per litre, its lowest recorded price for the month of February.
    • The overall performance of petrol in Chennai was -1.80%, trending downwards.

    Trend of Petrol Price in Chennai for January 2020 (Rates per litre):

    Parameters Rates/litre
    1st January Rs.78.10
    31st January Rs.76.15
    Highest Rate in January Rs.79.04
    Lowest Rate in January Rs.76.15
    Overall Performance Decline
    Percentage Change -2.49%

    January - Week 1 (1-7):

    • In Chennai, the price of petrol opened at the rate of Rs.78.10 per litre for the first week of January 2020.
    • 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.
    • The price of petrol in Chennai closed at the rate of Rs.78.43 per litre for the first week of January 2020. This was the highest recorded rate of the fuel for the week. Based on the opening and the closing rates of the fuel in Chennai, the overall performance of the fuel witnessed an increase of 0.96%.

    January – Week 2 (8-14):

    • Petrol price opened the second week of January at Rs.78.75 per litre in the southern metropolitan city of Chennai. The rates charged for a litre of petrol was slashed by 10 paise per litre when compared to the previous week’s closing price.
    • In Chennai, the rates of the fuel climbed over the next three days due to the turmoil in global oil markets as a result of the US – Iran standoff. The jump in the prices saw every litre of petrol being retailed for Rs.79.04 in Chennai on 11 January.
    • The rates of petrol in the metropolitan city closed the week at Rs.78.72 per litre after slipping slightly as the tensions between both the countries eased. Petrol’s overall performance in the city was 0.79%, trending upwards.

    January – Week 3 (15-21) :

    • Petrol price in Chennai opened at Rs.78.72 per litre on the 15th on January, unchanged from the previous day’s closing price. However, prices dropped on the following days.
    • Petrol stood at Rs.78.07 per litre on the 19th of January, marking a gradual drop from its opening day’s price.
    • Petrol dropped further, closing the week at Rs.77.79 per litre as state-run oil marketing companies decided to slash rates, its lowest recorded price for the month of January 2020. Overall performance of petrol in Chennai was –0.39%, trending downwards.

    January – Week 4 (22-28):

    • In Chennai, petrol price opened the fourth week of January at Rs.77.79 per litre. There was no change in the prices when compared to the previous week’s closing price.
    • Over the week, the rates of petrol slipped by Rs.1.29 per litre in the southern metropolitan city. This was accounted to concerns that the demand for global oil will take a hit due to the impact of the coronavirus on the Chinese economy.
    • Petrol rate closed the week at Rs.76.5 per litre. In Chennai, this was the lowest recorded price of the fuel for the month till date. The fuel’s overall performance showed a decline of -2.04%.

    January – Week 5 (29-31):

    • Petrol price in Chennai stood at Rs.76.50 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.
    • Petrol closed the month at Rs.76.15 per litre, its lowest recorded price for the month of January.
    • The overall performance of petrol in Chennai was -2.49%, trending downwards.

    Petrol Rate in Chennai:

    Chennai, the capital city of Tamil Nadu, is a renowned south Indian city for education, culture, and tourism. The city is also known as the Detroit of South Asia.

    Being a famous tourist destination, the city offers excellent public transportation facilities. The connectivity offered within the city is at par with other metro cities of India. Chennai is a well-connected city for indigenous and overseas visitors. The local bus facility is a widely used mode of transportation followed by auto rickshaws, suburban railway network, maxi cabs, and mini private buses. The cost of living seems moderate in the city.

    Among all industry verticals, the manufacturing and car segments are gaining more importance. The transportation sector is in demand. Namakkal district is the transportation hub of the city. The district accounts for at least 40% of trucks operated throughout Tamil Nadu. Sankagiri, well-known for truck body constructing, is another notable region of Chennai.

    Diesel-run vehicles are widely used, leading to an increase in the diesel consumption rate. The number of petrol-run vehicles in the town is as much as it can be in a metro city.

    Trend of Petrol Price in Chennai for July 2019 (rates per litre):

    Parameters Rates/litre
    1st July Rs.73.18
    28th July Rs.76.01
    Highest Rate in July Rs.76.29
    Lowest Rate in July Rs.73.18
    Overall Performance Incline
    Percentage Change 3.86%

    July 2019 – Week 1 (1-7):

    • Petrol price in Chennai opened at Rs.73.18 per litre on 1 July, an increase of 10 paise. The hike was primarily due to the oil marketing companies increasing petrol prices by 9 paise per litre.
    • Prices were recorded at Rs.73.24 per litre on 2 July, a hike of 6 paise. This was again in accordance with the latest revision in petrol prices initiated by the oil marketing companies. The prices remained constant till 6 July.
    • On 7 July, Chennai petrol price was recorded its highest price of the week, standing at Rs.75.81 per litre. This steep increase was primarily due to the Government’s announcement to increase excise duty and road and infrastructure cess on petrol by Rs.2 per litre.

    July 2019 – Week 2 (8-14):

    • When the week began, petrol in Chennai was priced at Rs.75.81 per litre, unchanged compared to yesterday’s price after the Union Government announced to hike the excise duty on petrol and diesel by Rs.2 per litre to fund its social welfare schemes.
    • State-controlled Oil Marketing Companies (OMCs) reduced the petrol price in Chennai to Rs.75.76 per litre. This remained unchanged until 12 July amid a slight decline in crude oil prices due to supply cuts by the OPEC and allies despite tensions in the Middle East.
    • Overall, petrol prices were up marginally by 0.19% largely driven by the stable crude oil price in the international market prompted by the production cuts by the OPEC even after tensions between the US and China over trade between the two nations and in the Middle East.

    July 2019 – Week 3 (15-21):

    • Petrol was priced at Rs.76.08 per litre on 15 July – the lowest price recorded for the week despite rising crude oil prices in the oil market after China reported the slowest quarterly economic growth amid concerns of demand from the world’s largest crude oil importer.
    • Prices of petrol in Chennai during the week continued to rise influenced by the incline in crude oil prices in the international market and touched a weekly high of Rs.76.23 per litre on 18 July and remained unchanged until 21 July.
    • By the end of the week, prices inclined marginally attributed by the rise in crude oil prices due to tensions in the Middle East after the US shot down an Iranian drone and the slowdown of the Chinese economy indicating a drop in demand from China.

    July 2019 – Week 4 (22-28):

    • Petrol price in Chennai opened at Rs.76.23 per litre, unchanged from previous day’s closing price. State-run oil marketing companies decided not to alter the prices after forecasting weak demand in the global crude oil market.
    • Petrol rose marginally by 6 paise on the next day, recording at Rs.76.29 per litre. The slight rise could be due to the ongoing Middle East skirmishes and a huge fall in US inventories.
    • Petrol in Chennai started to drop from 25 July and closed the week at Rs.76.01 per litre on 28 July. The price drop could be attributed to the weak demand of the crude oil among investors. A slow global economic growth added to demand concerns. With PPEN and Russia agreeing to extend supply cuts till May 2020, the international oil market is projected to be fairly balanced in 2019.

    Also Check Petrol Price in Metro Cities

    How are Petrol Prices in Chennai Assessed?

    The cost of crude oil, the refinery cost, the dealer’s commission, the profit margin of OMCs, the state VAT imposed on petrol, and the excise duty levied on petrol are the major components to form the retail selling price (RSP) of petrol in Chennai. Crude oil is traded globally in the USD. The cost oil is influenced by global supplies and reserves, the demand from leading countries, seasonal variations, weather conditions, and the exchange rate of the USD against the major currencies.

    Refinery expenses vary domestically. These are the expenses incurred by oil marketing companies to convert unrefined oil into petrol. OMCs then add a certain percentage of profit margin on every litre of petrol sold to retail petrol suppliers. The price charged to retail petrol suppliers is then taxed by the central and state governments.

    The central excise duty remains the same in the price structure of petrol in all parts of the country, including Chennai. The state VAT varies from one state to another. As on 1st January 2019, the VAT imposed on petrol by the state government of Tamil Nadu is 34%.

    The dealer’s commission is another element that may slightly change from dealer to dealer in Chennai and other cities of India. It depends upon the distance covered from supply stations to retail petrol stations. The higher the distance covered, the higher will be the dealer’s commission. The lower the distance covered, the lower will be the dealer’s commission.

    Which are the Factors Influencing Petrol Price in Chennai?

    Every petrol consumer somebody like you in Chennai would want to know why the cost of petrol changes over a period time. Let’s begin the central excise duty. As discussed earlier, it was recently revised on 4th October 2018. Since the duty has been cut by Rs.2.50 on petrol per litre, prices have now been lower compared to those before the revision.

    Another important factor that influences the buying cost of petrol in the city is the cost of raw oil, which is aligned to the currency exchange rate and the global supplies and reserves. If crude oil is in short supply globally, the buying cost of oil will increase. If the supply of oil is at par with global requirements, then the buying cost of oil will be moderate.

    Being a base currency, the performance of the USD is measured against the currencies of major economies such as Australia, the United Kingdom (UK), Japan, and New Zealand. When the INR is falling against the USD, crude oil prices will increase respectively; when the INR strengthens against the USD, prices will fall accordingly.

    Political events in oil-producing countries can cause changes in oil prices, which in turn impact petrol prices in Chennai. How about the local tax imposed on petrol? In fact, this is also a major influencer. All these elements directly impact the cost price of petrol in Chennai.

    Influence of GST on Petrol Price in Chennai:

    What is the highest GST rate fixed till date? It is undeniably 28%. Besides petroleum products, petrol does not fall under the purview of GST, which stands for Goods and Services Tax. All tax elements in the current price breakup of petrol price should be eliminated if GST is to be imposed.

    The retail selling price (RSP) of petrol will fall by a big margin even if GST is enforced at its highest rate, i.e., 28%. The move harms the revenue source of the Tamil Nadu government and the central. Bringing petrol under the scope of GST is at the discretion of the central government.

    How about the oil and natural gas industry? The entire oil and natural gas industry has been kept outside the scope of GST. The industry has many participants, right from OMCs to petrol bunk owners. The GST implementation on the industry is likely to impact its participants adversely.

    For instance, industry stakeholders are required to adhere to double tax regimes, causing increased compliance costs. The GST council may consider increasing the tax rate to ensure petrol is brought under the GST regime and the revenue source of the state and the central remains unaffected.

    Petrol Costs in Chennai

    As we all know, on 4th October 2018, the central government lowered the excise duty by Rs.2.50 per litre on petrol and diesel, giving a big relief to consumers. Following the revision, petrol was priced at Rs.84.76 a litre in Chennai and diesel at Rs.77.16 on 5 October, declining by Rs.2.63 and Rs.2.68 per litre, respectively. The move overburdens the government by Rs.26,000 crore in yearly revenues and Rs.13,000 crore during the residual portion of the present financial year.

    Petrol Price in Chennai and Other Major Cities:

    The petrol price in Chennai is marginally higher compared to other major metro cities such as Delhi, Mumbai, Kolkata and Hyderabad as the local Value Added Tax (VAT) levied by the Tamil Nadu government is higher. As of 2018, Tamil Nadu charges 34% on petrol, while Delhi charges 27%, West Bengal at 25%, Maharashtra at 26% + Rs.7.12 per litre as additional tax and Andhra Pradesh levies 31% + Rs.2 per litre additional tax.

    Diesel Costs vs. Petrol Costs in Chennai:

    Diesel prices are much lower than petrol prices in India. Despite the basic cost of diesel after refining is higher than that of petrol, the taxes such as the excise duty and the local sales tax or VAT, makes diesel much cheaper than petrol.

    In Chennai, the petrol price, before VAT is included, is Rs.54.06 per litre and diesel costs Rs.53.42 per litre. However, with VAT included, it stands at Rs.72.44 per litre and Rs.66.77 per litre for petrol and diesel, respectively. These prices are as on 3 January 2019.

    Also Check Petrol Price in NearBy Cities of Chennai

    Apply For A Fuel Credit Card – Reduce Your Petrol Expenses

    *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.

    FAQs on Petrol Price In Chennai

    1. What’s the highest petrol price in Chennai in the last 5 years?

      The highest petrol price in Chennai was recorded on the 1st of September 2020. The oil stood at Rs.85.09 per litre.

    2. What’s the lowest recorded petrol price in Chennai in 2020?

      The lowest recorded price was Rs.71.95 per litre, recorded on March 2020.

    3. What was the lowest petrol price in Chennai in 2019?

      The lowest petrol price in 2019 was Rs.69.05 per litre, recorded in January 2019.

    4. What’s the highest petrol price in Chennai in 2019?

      The highest petrol price recorded was Rs.77.69 per litre on December 2019.

    News About Petrol Price In Chennai

    • Petrol rates increased across the metros for 12 days in a row

      OMCs that are run by the state increased the prices of petrol across all the metros in India on 20 February 2021. Petrol rates have been increased in most cities for 12 days in a row. Since India imports around 83% of its crude requirements, the value of the rupee against the dollar and the crude oil prices in the global markets determine the petrol rates in the country. Following the revision, the updated petrol rates in Delhi, Kolkata, Mumbai, Chennai, Bengaluru, and Hyderabad are at Rs.90.58, Rs.91.78, Rs.97.00, Rs.92.59, Rs.93.61, and Rs.93.18 for a litre, respectively. Over the last 12 days, petrol rates have been increased by Rs.3.64 for a litre in the national capital.

      22 February 2021

    • Petrol price hiked by 25 paise

      The price of petrol was hiked by 25 paise on Monday. The increase in the rates meant that petrol rate in the national capital climbed to new heights with a litre costing Rs.84.95. In the other three metropolitan cities of the country i.e., Mumbai, Kolkata, and Chennai consumers were required to shell out Rs.91.56, Rs.86.39, and Rs.87.63 for litre. Among all the metropolitan cities, the price of petrol was the cheapest in the national capital due to lower taxes.

      State-owned Oil Marketing Companies (OMCs) like Indian Oil Corporation Limited (IOCL), Bharat Petroleum Corporation Limited (BPCL), and Hindustan Petroleum Corporation Limited (HPCL) revise fuel rates in the country as per the dynamic pricing scheme. As per the mechanism, the rates are dependent on global oil rates and the value of rupee against the US dollar. On Friday, the futures of Brent crude had fallen by 1.51 percent and was trading at $55.57 per barrel while the rupee settled at 73.07 against the US dollar after slipping by three paise.

      18 January 2021

    • Petrol prices across the four metros stable for seven days in a row

      State-run OMCs did not make any changes to the petrol prices across all the four metros in India on 14 December 2020. Petrol rates have not been changed for seven days in a row. Petrol prices are revised on a daily basis and depend on the value of the rupee against the dollar and the crude oil prices in the international markets. Over the last 22 days, the prices of petrol have been increased by Rs.2.65 for a litre. The updated petrol rates in Delhi, Mumbai, Chennai, and Kolkata are at Rs.83.71, Rs.90.34, Rs.86.51, and Rs.85.19 for a litre, respectively.

      14 December 2020

    • Petrol prices unchanged in Chennai and all other metros for nearly a month

      OMCs that are state-run did not make any changes to the prices of petrol in Chennai on 4 November 2020. Petrol prices in the capital of Tamil Nadu and all other metros have not been changed for around a month. Petrol prices in India depend on several factors such as the excise duty, the crude oil prices in the international markets, and the value of the rupee against the dollar. Around 83% of the country’s crude requirements are imported. The prices of petrol in Chennai, Delhi, Mumbai, and Kolkata are at Rs.84.14, Rs.81.06, Rs.87.74, and Rs.82.59 for a litre, respectively.

      4 November 2020

    • Petrol prices in Delhi remain the same for 16 days in a row

      On 18 October 2020, no changes were made to the prices of petrol in the national capital. The prices remained the same across all the other metros in the country as well. Petrol prices have remained stagnant for 16 days in a row. The updated prices of petrol in Kolkata, Mumbai, Chennai, and Delhi are at Rs.82.59, Rs.87.74, Rs.84.14, and Rs.81.06 for a litre, respectively. Petrol prices in India depend on the value of the rupee against the dollar and the crude oil prices in the international markets. The prices of petrol are different in every state due to VAT.

      18 October 2020

    • Petrol retailed for Rs.82.03 per litre in Delhi

      State-owned Oil Marketing Companies (OMCs) increased the price of petrol on Sunday. In the national capital, a litre of petrol was retailed for Rs.82.03 after the fuel recorded an incline of 9 paise. In Mumbai, Kolkata, and Chennai, consumers were required to shell out Rs.88.68, Rs.83.52, and Rs.85 respectively for a litre. Since August 16, the price of petrol has seen an increase of Rs.1.6 per litre in Delhi. In non – metropolitan cities of the country like Noida, Gurugram, Hyderabad, and Bengaluru, the price charged for a litre of petrol was Rs.82.32, Rs.80.19, Rs.85.25, and Rs.84.70 respectively. The hike in the price of petrol comes amid the recent fall in international oil prices. The futures of Brent crude for October were down by 55 cents or 1.2 percent to settle at $45.09 per barrel.

      India, which imports more than 80 percent of its total crude oil requirements revise the price of fuel as per the dynamic pricing scheme. As per the mechanism, the rates are dependent on international oil prices and the rupee – US dollar exchange rate.

      30 August 2020

    • OMCs continue to keep petrol rates unchanged

      Oil Companies on Sunday kept the rates of petrol stagnant across the four metropolitan cities. Petrol prices remained unchanged even though the rates of diesel were hiked. Following the daily revision in the rates, a litre of petrol was retailed for Rs.80.43 in the national capital. In the other three metropolitan cities i.e., Mumbai, Kolkata, and Chennai, the price charged for a litre was Rs.87.19, Rs.82.10, and 83.63 respectively. The rates of fuel are revised in the country as per the dynamic pricing scheme which was adopted in June 2017. As per the mechanism, the rates are dependent on international oil rates and the value of rupee against the US dollar.

      On Friday, oil prices fell in the international market. The drop in the rates was witnessed due to tensions between the United States of America and China. The futures of Brent crude slipped by 0.79 percent and was trading at $42.97 per barrel. The rupee ended at 74.82 against the US dollar.

      26 July 2020

    • No changes made to the prices of petrol across the major cities on 2 July 2020

      Oil marketing companies that are managed by the state did not make any changes to the prices of petrol across the major cities in India on 2 July 2020. No changes were made to the prices of petrol on 1 July 2020 as well.

      The price of petrol in Delhi has remained the same when compared to 1 July 2020 and is at Rs.80.43 for a litre. Over the last 25 days, the prices of petrol in the national capital have been increased by Rs.9.17. According to the details available on the official website of Indian Oil Corporation, the prices of petrol in Noida, Gurugram, Mumbai, Chennai, and Kolkata remained the same when compared to 1 July 2020 and are at Rs.81.08, Rs.78.64, Rs.87.19, Rs.83.63, and Rs.82.10 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 determine the prices of petrol in the country. The prices of petrol differ from state-to-state and depend on the VAT. After a 12-week break, OMCs restarted revising the prices of petrol on a daily basis from 7 June 2020.

      2 July 2020

    • Petrol rates increased again in the country

      State-owned Oil Marketing Companies (OMCs) increased the rates of petrol for the ninth consecutive day on Monday. Following the revision in the rates, a litre of petrol was retailed for Rs.76.26 in Delhi after the rates were hiked by 48 paise. In Mumbai, a litre of petrol cost Rs.83.17 while in Kolkata and Chennai consumers were required to shell out Rs.78.10 and Rs.79.96 respectively. The cost for a litre of petrol was the cheapest in the national capital among all metropolitan cities due to lower taxes. It must be noted here that the rates of petrol have increased by Rs.5 in Delhi in the last nine days.

      In India, the rates of petrol are revised as per the dynamic pricing scheme which was adopted in June 2017. As per the mechanism, the rates are dependent on international oil prices on a 15-day average and the value of rupee against the US dollar. It is noteworthy to mention that the daily revision of fuel prices was suspended by the OMCs since mid-March after the government hiked the excise duty on fuel in a bid to mop up extra revenues from taxes.

      14 June 2020

    Petrol Price In Metro Cities
    Petrol Price In Other Capitals
    Petrol Price In Other Major Cities
    Petrol Price In States
    LPG Gas Price In Metro Cities

    Display of any trademarks, tradenames, logos and other subject matters of intellectual property belong to their respective intellectual property owners. Display of such IP along with the related product information does not imply BankBazaar's partnership with the owner of the Intellectual Property or issuer/manufacturer of such products.

    reTH65gcmBgCJ7k
    This Page is BLOCKED as it is using Iframes.