Petrol Price In Haryana Today

  • Today's Petrol Price ( 19 Oct 2021 )

    ₹ 101.16
    Current Petrol Price Per Litre

    Compare Petrol Price in Haryana (Today & Yesterday)

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    Petrol ( / litre) ₹ 101.16 ₹ 101.16 ₹ 0 ↑

    Petrol Price in Haryana - Last 10 Days Data

    Date Petrol ( / litre)
    18 Oct 2021 ₹ 101.16
    17 Oct 2021 ₹ 101.16
    16 Oct 2021 ₹ 101.16
    15 Oct 2021 ₹ 101.16
    14 Oct 2021 ₹ 100.83
    13 Oct 2021 ₹ 100.49
    12 Oct 2021 ₹ 100.49
    11 Oct 2021 ₹ 100.49
    10 Oct 2021 ₹ 100.2
    09 Oct 2021 ₹ 99.92

    Petrol Rate Trend

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    • Current Petrol Price in Haryana is Rs.101.16 Per Litre
    • Today's Petrol price in Haryana is Rs.101.16 per litre.

    Petrol Price In Haryana

    Haryana is a North Indian state bordered by Rajasthan to the west and the south and by Himachal Pradesh and Punjab to the north. By population, the state is the eighteenth biggest. It is an affluent state too with a constant growth in industrial and agricultural sectors. Chandigarh is the capital city of Haryana. Faridabad, the National Capital Region, is the state’s most populated city while Gurgaon is the NCR’s financial hub.

    In July 2016, 10-year-old diesel and 15-year-old petrol vehicles were prohibited by the Haryana government after Kerala and Delhi. It was for all RTO registered vehicles coming under the territory of National Capital Region like Faridabad, Sonepat, Jhajjar, Gurgaon. Diesel-run vehicles are in demand presently in the state like any other part of India.

    Trend of Petrol Price in Haryana for September 2021 (rates per litre):

    Parameters Rates/litre
    1st September Rs.97.57
    30th September Rs.97.82
    Highest Rate in September Rs.97.82 on 30 September
    Lowest Rate in September Rs.97.41 from 5 to 27 September
    Overall Performance Incline
    Percentage Change 0.26%

    Monthly Petrol Price Trend in Haryana for September 2021

    • Petrol rate in Haryana opened the month of September standing at Rs.97.57 per litre. When compared to the closing price of the fuel of the previous week, there was a drop in the price.
    • Petrol recorded its lowest price for the month from 5 to 27 September wherein a litre of the fuel was being traded at the rate of Rs.97.41 per litre. The highest rate of the fuel was recorded on the 30th of September when it stood at the rate of Rs.97.82 per litre.
    • The petrol rate witnessed consecutive hikes after the 27th of September and finally closed the month of September being traded at the rate of Rs.97.82 per litre on 30th September. The overall performance of the fuel witnessed an increase of 0.26% during the month of September in Haryana.

    Trend of Petrol Price in Haryana for August 2021 (rates per litre):

    Parameters Rates/litre
    1st August Rs.97.99
    31st August Rs.97.72
    Highest Rate in August Rs.97.99 from 1 to 21 August
    Lowest Rate in August Rs.97.72 from 24 to 31 August
    Overall Performance Decline
    Percentage Change -0.28%

    Monthly Petrol Price Trend in Haryana for August 2021

    • The price of petrol in Haryana opened the month of August standing at the rate of Rs.97.99 per litre. When compared to the closing price of the fuel of the previous week, there were no changes in the price.
    • The petrol price stood steady and was being traded at the rate of Rs.97.99 per litre till the 21st of August which is the highest recorded rate for the month. The price dropped on 24th August and recorded the lowest price for the month wherein petrol was being traded at the rate of Rs.97.72 per litre.
    • Petrol rate closed the month of August being traded at the rate of Rs.97.72 per litre. The overall performance of the fuel witnessed a decline of –0.28% during the month of August in Haryana.

    Trend of Petrol Price in Haryana for July 2021 (rates per litre):

    Parameters Rates/litre
    1st July Rs.95.08
    31st July Rs.97.99
    Highest Rate in July Rs.97.99 from 17th and 30th July
    Lowest Rate in July Rs.95.08 on 1st July
    Overall Performance Incline
    Percentage Change 3.06%

    Monthly Petrol Price Trend in Haryana for July 2021

    • Petrol price in Haryana opened the month of July at the rate of Rs.95.08 per litre. There were no changes in the price of the fuel when compared to the closing rate of the previous month.
    • The lowest rate of the fuel was recorded on the 1st of July when the rate stood at Rs.95.08 per litre. The highest rate of the liquid gold for the month was recorded from the 17th of July to the end of the month when a litre of petrol was being traded at the rate of Rs.97.99.
    • The overall performance of the fuel witnessed an incline of 3.06% for the month in Haryana.

    Trend of Petrol Price in Haryana for June 2021 (rates per litre):

    Parameters Rates/litre
    1st June Rs.90.94
    30th June Rs.95.08
    Highest Rate in June Rs.95.08 on 29th and 30th June
    Lowest Rate in June Rs.90.94 from 1st to 3rd June
    Overall Performance Incline
    Percentage Change 4.55%

    Monthly Petrol Price Trend in Haryana for June 2021

    • The price of petrol in Haryana opened the month of June at the rate of Rs.90.94 per litre.
    • The lowest rate of the fuel was recorded from 1st June to 3rd June when the rate stood at Rs.90.94 per litre. The highest rate for the month was recorded on 29th and 30th June when a litre of petrol was being traded at the rate of Rs.95.08.
    • The overall performance of the fuel witnessed an incline of 4.55% for the month in Haryana.

    Trend of Petrol Price in Haryana for May 2021 (rates per litre):

    Parameters Rates/litre
    1st May Rs.86.97
    31st May Rs.90.69
    Highest Rate in May Rs.90.69 on 31st May
    Lowest Rate in May Rs.86.97 from 1st to 3rd May
    Overall Performance Incline
    Percentage Change 4.28%

    Monthly Petrol Price Trend in Haryana for May 2021

    • The month of May opened with the price of petrol in Haryana standing at Rs.86.97 per litre. This was also the lowest recorded price of the fuel during the month. The liquid gold stood at this price point from 1st to 3rd May.
    • The price of the liquid gold in Haryana witnessed an upward trend over the weeks of the month of May. The prices rose consistently and finally closed the month while being traded at the rate of Rs.90.69 per litre. This was also the highest recorded price of the fuel during the month.
    • The overall performance of petrol in Haryana witnessed a rise of 4.28% during the month of May.

    Trend of Petrol Price in Haryana for April 2021 (rates per litre):

    Parameters Rates/litre
    1st April Rs.87.13
    30th April Rs.86.97
    Highest Rate in April Rs.87.13 from 1st to 14th April
    Lowest Rate in April Rs.86.97 from 15th and 30th April
    Overall Performance Decline
    Percentage Change -0.18%

    Monthly Petrol Price Trend in Haryana for April 2021

    • The month of April opened with the petrol price in Haryana standing at Rs.87.13 per litre. When compared to the closing price of the previous month, there were no changes in the price of the fuel.
    • The price of the fuel was stable and was being traded at the rate of Rs.87.13 per litre from 1 April to 14 April. Followed by that, it witnessed a drop of 16 paise and stood steady at Rs.86.97 per litre till the 30th of April. This was the lowest recorded price for the month.
    • The overall performance of petrol in Haryana witnessed a drop of –0.18% during the month.

    Trend of Petrol Price in Haryana for March 2021 (rates per litre):

    Parameters Rates/litre
    1st March Rs.87.71
    31st March Rs.87.13
    Highest Rate in March Rs.87.71 from 1st to 23rd March
    Lowest Rate in March Rs.87.13 on 30th and 31st March
    Overall Performance Decline
    Percentage Change -0.66%

    Monthly Petrol Price Trend in Haryana for March 2021

    • Petrol in Haryana was priced Rs.87.71 per litre on 1st March. When compared to the closing price of the previous month, no change was recorded in the price of the fuel.
    • The opening price of petrol was the highest in Haryana for the month of March while the lowest was recorded on 30th March when a litre cost Rs.87.13.
    • Over the month, petrol price in Haryana recorded a declining trend. The percentage change recorded in the rates stood at -0.66%.

    Trend of Petrol Price in Haryana for February 2021 (rates per litre):

    Parameters Rates/litre
    1st February Rs.83.07
    28th February Rs.87.71
    Highest Rate in February Rs.87.71 on 27th and 28th February
    Lowest Rate in February Rs.83.07 on 1st, 2nd, and 3rd February
    Overall Performance Incline
    Percentage Change 5.59%

    Monthly Petrol Price Trend in Haryana for February 2021

    • In Haryana, the price of petrol opened at the rate of Rs.83.07 per litre. When compared to the closing rate of the fuel for the month of January, there was no change in the price.
    • Petrol price in Haryana fluctuated in the state over the month. The fuel recorded its highest price for the month on 27th and 28th February wherein it stood at the rate of Rs.87.71 per litre. The lowest price was recorded on 1st, 2nd, and 3rd February wherein a litre of petrol was retailing at the rate of Rs.83.07 per litre.
    • The overall performance of the fuel witnessed an inclining trend in Haryana with the percentage change witnessing an incline of 5.59%.

    Trend of Petrol Price in Haryana for January 2021 (rates per litre):

    Parameters Rates/litre
    1st January Rs.80.55
    31st January Rs.83.07
    Highest Rate in January Rs.83.07 from 27th to 31st January
    Lowest Rate in January Rs.80.55 on 1st, 2nd, and 3rd January
    Overall Performance Incline
    Percentage Change 4.00%

    Monthly Petrol Price Trend in Haryana for January 2021

    • In Haryana, the price of petrol opened at the rate of Rs.80.55 per litre. Petrol price in Haryana fluctuated in the state over the month.
    • The fuel recorded its highest price for the month from 27th to 31st January wherein it stood at the rate of Rs.83.07 per litre. The lowest price was recorded on 1st, 2nd, and 3rd January wherein a litre of petrol was retailing at the rate of Rs.80.55 per litre.
    • The overall performance of the fuel witnessed an inclining trend in Haryana with the percentage change witnessing an incline of 4.00%.

    Trend of Petrol Price in Haryana for December 2020 (rates per litre)

    Parameters Rates/litre
    1st December Rs.79.28
    31st December Rs.80.55
    Highest Rate in December Rs.80.59 on 7th, 8th, 12th through 28th December
    Lowest Rate in December Rs.79.28 on 1st December
    Overall Performance Incline
    Percentage Change 1.61%

    Monthly Petrol Price Trend in Haryana for December 2020

    • In Haryana, the price of petrol opened at the rate of Rs.79.28 per litre. When compared to the closing rate of the fuel for the month of November, there was no change in the price of the liquid gold in Haryana.
    • Petrol price in Haryana recorded its highest price for the month on 7th and 8th December after which it stood at the same rate between throughout the rest of the month. During this period, the price stood at the rate of Rs.80.59 per litre. The lowest price was recorded on 2nd December wherein a litre of petrol was retailing at the rate of Rs.79.28 per litre.
    • The overall performance of the fuel witnessed an inclining trend in Haryana with the percentage change witnessing an incline of 1.61%.
    • The overall performance of the fuel witnessed an inclining trend in Haryana with the percentage change standing at 1.65%.

    Trend of Petrol Price in Haryana for November 2020 (rates per litre)

    Parameters Rates/litre
    1st November Rs.77.99
    30th November Rs.79.28
    Highest Rate in November Rs.79.28 on 29th and 30th November
    Lowest Rate in November Rs.77.99 between 1st to 19th November
    Overall Performance Incline
    Percentage Change 1.65%

    Monthly Petrol Price Trend in Haryana for November 2020

    • In Haryana, the price of petrol opened at the rate of Rs.77.99 per litre. There was an inclining trend in the price of the fuel over the month with gradual fluctuations.
    • Petrol price in Haryana was steady from the 1st of November till the 12th of November. However, there were slight inclines in the price after this period wherein the retail price of petrol had hit Rs.78.04 per litre. Soon after, the prices went down to the former rate. The fuel recorded its highest price for the month on 29th and 30th November wherein it stood at the rate of Rs.79.28 per litre. The lowest price for the month was recorded on different days between 1st to 19th November wherein the price of the fuel retailed at the rate of Rs.77.99 per litre.
    • The overall performance of the fuel witnessed an inclining trend in Haryana with the percentage change standing at 1.65%.

    Trend of Petrol Price in Haryana for October 2020 (rates per litre)

    Parameters Rates/litre
    1st October Rs.77.99
    31st October Rs.77.99
    Highest Rate in October Rs.78.04
    Lowest Rate in October Rs.77.99
    Overall Performance Stable
    Percentage Change 0

    Monthly Petrol Price Trend in Haryana for October 2020

    • Petrol opened the month of October at Rs.77.99 per litre in Haryana. There was no change in the rates when the price of the fuel was compared to what was charged on the final day of the previous month.
    • Petrol price in Haryana didn’t see much fluctuations over the month. The fuel recorded its highest price for the month on 9th October when a litre was retailed for Rs.78.04.
    • Petrol closed the month of October at Rs.77.99 per litre in the state. The overall performance of the fuel remained stable as there was no change in the opening and closing price of the fuel.

    Trend of Petrol Price in Haryana for September 2020 (rates per litre)

    Parameters Rates/litre
    1st September Rs.79.02
    30th September Rs.77.99
    Highest Rate in September Rs.79.02
    Lowest Rate in September Rs.77.99
    Overall Performance Decline
    Percentage Change -1.30%

    Monthly Petrol Price Trend in Haryana for September 2020 ,

    • In Haryana, the price charged for a litre of petrol at the start of the month was Rs.79.02. There was an increase of 5 paise in the rates when compared to the closing price of the previous month.
    • While the price of petrol remained unchanged in the state till 3rd of September, it dipped on the 4th before increasing the next day. Petrol rates dropped again on 6th September and remained unchanged until 9th September. Oil companies charged Rs.78.96 for a litre on 9th September.
    • Petrol price in Haryana slipped from 10th September onwards and recorded its lowest price for the month on 29th September with a litre costing Rs.77.99. The fuel closed the month at the same price with the overall performance witnessing a declining trend.

    Trend of Petrol Price in Haryana for August 2020 (rates per litre)

    Parameters Rates/litre
    1st August Rs.77.44
    31st August Rs.78.97
    Highest Rate in August Rs.78.97 on 30 and 31 August
    Lowest Rate in August Rs.77.39 on 10, 11 and 15 August
    Overall Performance Incline
    Percentage Change 1.97%

    Monthly Petrol Price Trend in Haryana for August 2020

    • The price charged for a litre of petrol in Haryana was Rs.77.44 at the start of the month. There was an increase of 3 paise in petrol price when compared to the closing price of the previous month.
    • While the price of petrol remained unchanged in the state till 9th of August, it dipped on 10th of August and recorded its lowest price for the month with a litre costing Rs.77.39.
    • Petrol price in Haryana started to climb since August 16 and recorded its highest price for the month on the penultimate day with a litre being retailed for Rs.78.97. The fuel closed the month at the same price with the percentage change being 1.97%.

    Trend of Petrol Price in Haryana for July 2020 (rates per litre)

    Parameters Rates/litre
    1st July Rs.77.41
    31st July Rs.77.41
    Highest Rate in July Rs.77.41 on 1, 2, 3, 5, 29, 30 and 31 July
    Lowest Rate in July Rs.77.39 on 4 and from 6 – 28 July
    Overall Performance Stable
    Percentage Change -

    Monthly Petrol Price Trend in Haryana for July 2020

    • A litre of petrol was retailed for Rs.77.41 in Haryana at the start of the month. Compared to the closing price of the previous month, the rates didn’t see any change.
    • Petrol recorded its highest and lowest price for the month on 1st and 4th of July. A litre was retailed for Rs.77.41 and Rs.77.39 on the mentioned dates.
    • The price of petrol remained unchanged in the state from 6th July to 28th July before increasing on 29th of July. Petrol price in Haryana closed the month at Rs.77.41 per litre with the overall performance being stable.

    Trend of Petrol Price in Haryana for June 2020 (rates per litre)

    Parameters Rates/litre
    1st June Rs.68.62
    30th June Rs.77.41
    Highest Rate in June Rs.77.41
    Lowest Rate in June Rs.68.62
    Overall Performance Incline
    Percentage Change 12.81%

    Monthly Petrol Price Trend in Haryana for June 2020

    • In the month of June 2020, petrol opened at the rate of Rs.68.62 per litre in the city of Haryana. When compared to the closing price of the previous month, there was no change in the rates of the fuel.
    • Over the month, the rates of the fuel witnessed an increasing trend in the city. The fuel recorded its highest price for the month on the last 2 days of June wherein it stood at the rate of Rs.77.41 per litre. The lowest price for the month was recorded in the state on the first 4 days when the fuel faired at the rate of Rs.68.62.
    • The rates witnessed a steady hike in Haryana over the month of June. The percentage change in the overall performance of the fuel was 12.81%.

    Trend of Petrol Price in Haryana for May 2020 (rates per litre)

    Parameters Rates/litre
    1st May Rs.65.82
    31st May Rs.68.62
    Highest Rate in May Rs.68.62
    Lowest Rate in May Rs.65.82
    Overall Performance Incline
    Percentage Change 4.25%

    Monthly Petrol Price Trend in Haryana for May 2020

    • In Haryana, state-owned Oil Marketing Companies (OMCs) charged Rs.65.82 for a litre of petrol at the start of the month. This was the lowest recorded price of the fuel for the month. Compared to the closing price of the previous month, there was no change in the rates of fuel.
    • Having stayed unchanged till the 6th of May, the rates jumped substantially on the 7th of May with a litre costing Rs.68.62 in the state. The rates increased further and recorded its highest price for the month on 8th May. A litre of petrol cost Rs.68.82 on the mentioned date.
    • While the rates dropped slightly the next day, it largely remained unchanged in the state. Petrol closed the month at Rs.68.62 with the rates witnessing an inclining trend. The percentage change recorded was 4.25%.

    Trend of Petrol Price in Haryana for April 2020 (rates per litre)

    Parameters Rates/litre
    1st April Rs.82.10
    30th April Rs.82.10
    Highest Rate in April Rs.82.10 from 1, 2, 3, 5, 29, 30 and 31 July
    Lowest Rate in April Rs.82.08 on 4 July and from 6 – 28 July
    Overall Performance Stable
    Percentage Change -

    Monthly Petrol Price Trend in Haryana for April 2020

    • Petrol price in Haryana stood at Rs.65.80 per litre at the start of April. Compared to the closing price of the previous month, the rates saw no change. The opening price of the fuel in the state was the lowest for the month.
    • The rates saw a minimal increase on 6th April after staying unchanged for the first five days. Following the revision, a litre of petrol was being retailed for Rs.65.82 in the state. This was the highest recorded price of petrol for the month.
    • Petrol prices didn’t see any change following that over the month as Oil Marketing Companies decided against unchanging the rates even though international crude oil prices slipped owing to weak demand. The fuel’s overall performance saw an incline of 0.03% in the state.

    Petrol Prices in Haryana vs. other metro cities

    The petrol price in the capital is Rs.68.38 per litre while in Chennai, it is Rs.70.85 a litre; in Haryana, it is Rs.67.94 a litre; and in Kolkata, it is Rs.73.62 per litre as on 4th October 2017. New Delhi has the less price fixed for petrol compared to other Indian metro cities. It is mainly because of the moderate state VAT on petrol levied by the government.

    How Frequently are Petrol Prices in Haryana Revised?

    As we all know, state-run oil marketing companies in India have quit the 15-year-old fortnightly based price revision and have adopted a new fuel pricing mechanism called dynamic fuel pricing. The system was introduced in June 2017. However, all petrol stations in all cities of the Haryana state are currently updating fuel prices on a daily basis.

    The new pricing system is good for consumers who are mapped to market dynamics. Any variations in global crude oil prices and the currency conversion rate are instantly transmitted. This was not the case in the previous daily price revision mechanism.

    Each bunk in Haryana will revise petrol and diesel rates at 06:00 a.m. every day and the updated rates will be made accessible to customers. They can get the latest prices through online or offline means. The primary objective behind the new pricing system is to make fuel pricing more transparent.

    How are Petrol Prices in Haryana calculated?

    Well, the retail selling price of petrol in Haryana is assessed based on a few considerations such as the cost of unrefined oil in overseas markets, refinery expenses, the central excise duty, the state VAT on petrol, the dealer’s commission. Currently, a barrel of oil costs approximately $50. This is subject to change. The cost of OMC is estimated to be Rs.9.34 per litre that is added to the cost oil per litre.

    The central excise duty imposed by the central government and the state VAT imposed by the Haryana government are added to the price, which is charged to petrol retailers. The recent cut in the central excise duty was Rs.2.00 per litre of petrol and diesel on 4th October 2017. The state VAT imposed on petrol by the local government is currently 26.25% with effect from 1st September 2017.

    Factors Affecting the Cost of Petrol in Haryana

    The cost of crude is the biggest factor influencing the RSP of petrol in any part of the country. Oil is always traded in the base currency, which is the USD. India is an oil importing country. If the base currency strengthens against the local currency, the purchasing cost of oil will go up; if it falls against the local currency, then buying cost of oil will be diminished. As a result, the RSP of petrol in Haryana is proportionately impacted by the cost.

    The state VAT, which varies from state to state and the central excise duty, which is the same across the country have a direct impact on the final price. If the local and central governments amend any changes, the petrol price in Haryana will be adjusted accordingly. Variations in the dealer’s commission can affect the price in an imperceptible margin.

    GST Impact on Fuel in Haryana

    Goods and Services Tax (GST) is a new, unified, comprehensive taxation platform for Indian taxpayers. The government implemented it in the month of July 2017. What happened in Haryana soon after the execution of this platform? If sources are to be believed, in Haryana, high-speed diesel sales are down nearly about 30% because of slashed demand from fuel retailers and trucks.

    The demand for trucks has come down radically under GST. It is because of new stocks that cannot be moved in the similar value as prior GST. Goods transport agencies are excluded, but the receivers of such services are required to deposit a tax of 5%.The oil and natural gas industry remains unpretentious by GST entirely. The compliance cost would have hiked by 200% and petrol prices in Haryana would have been approximately Rs.43.10 per litre if GST was levied on petrol at 28%.

    Petrol Rate vs. Diesel Rate in Haryana

    As on 4th October 2017, the cost of diesel is Rs.56.79 a litre while the cost of a litre of petrol is Rs.67.94. The difference between the two fuels is Rs.11.15. Both fuels had an upward trend for the last ten days, which is between 26th September 2017 and 4th October 2017.

    For the next few months, prices are expected to go up marginally considering the latest trends. GST may or may not be imposed on petrol. Home delivery of fuels may be brought into practice.

    Also Check Petrol Price in NearBy Cities of Haryana

    News About Petrol Price In Haryana

    • Petrol prices remained unchanged on Saturday across the four metropolitan cities

      State-run Oil Marketing Companies (OMCs) on Saturday kept the rates of petrol unchanged across all the metropolitan cities. This was the fourth consecutive day when the prices saw no change. Following the daily revision on Saturday, a litre of petrol was retailed for Rs.69.59 in the New Delhi, the national capital. Consumers residing in Mumbai, Kolkata, and Chennai were required to shell out Rs.75.30, Rs.72.29, and Rs.72.28 respectively. It must be noted here that petrol prices were the cheapest in the national capital among all the metropolitan cities due to lower taxes.

      Petrol prices are revised in the country as per the dynamic pricing scheme which was adopted in June 2017. The scheme was adopted to pass on the slightest benefit to the retailers and consumers because of reduction in international oil prices. 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 given that India imports almost 80 percent of its total crude requirements.

      21 March 2020

    • Oil Companies Cut Diesel Prices by 6 paise Today

      State-run Oil Marketing Companies (OMCs) cut diesel prices by 6 paise and kept petrol prices stagnant today across major metro cities of the country. It may be noted that prices of petrol and diesel were kept unchanged for the third straight day across the country on Wednesday. In Delhi, petrol costs Rs.69.93 per litre, while diesel prices were down by 6 paise to be prices at Rs.63.78 per litre. Also, fuel prices in Delhi are cheaper compared to other metro cities and some state capitals due to lower taxes. In Kolkata, petrol is being sold at Rs.72.19 per litre, no change compared to yesterday's price and diesel is being sold at Rs.65.70 per litre, down by 6 paise. In Mumbai, petrol is available at Rs.75.63 per litre, while diesel costs Rs.66.87 per litre, down by 6 paise. In Chennai, petrol is being retailed at Rs.72.64 per litre while diesel prices were down by 6 paise and is being sold at Rs.67.46 per litre compared to Wednesday’s price of Rs.67.52 per litre. In Noida and Gurugram, diesel is being sold at Rs.63.27 and Rs.63.36 per litre, down by 5 and 6 paise, respectively. Petrol in these metros is being sold at yesterday’s level of Rs.69.94 and Rs.70.46 per litre, respectively.

      The retail price of petrol and diesel have been on the decline since late May 2019 with petrol prices down by Rs.1.69 per litre and diesel prices by Rs.2.58 per litre so far this month. On Thursday, crude rates in the international oil market, was up by 1% as official data confirmed US crude stocks have declined more than expected as well as due to OPEC and its allies agreeing to meet to discuss about supply cuts. International benchmark Brent crude oil futures were up by 32 cents or 1.3% to trade at $62.64 per barrel compared to its previous close.

      21 June 2019

    • Global oil prices remain steady amid concerns

      Even though there were concerns regarding US sanctions on Venezuelan exports, oil prices remained stable on Tuesday. A cloudy outlook for the global economy supported by worries over disruptions to supply also played a part in the oil prices being stable. Brent crude and West Texas Intermediate (WTI) crude were trading at 61.33 dollars and 53.28 dollars per barrel on Tuesday. The oil futures of Brent crude were up by 1% while the prices of West Texas Intermediate (WTI) crude was down by 3 cents since their last close. 

      The Indian rupee ended flat at 71.11 against the US dollar, an increase by just 1 paisa. The rupee opened on a weak note at the Interbank Foreign Exchange and fell further before erasing the initial gains by the end of the day. The reason for rupee not doing well was accounted to focus shifting to the Fed policy meet and the US-China trade talks. 

      31 January 2019

    • Petrol Prices Drop for the Tenth Straight Day, Becomes Cheaper Across the Nation

      Petrol prices were slashed for the tenth straight and it has now hit its lowest ever rates since the July of this year. After Saturday’s round of price cuts, petrol prices went down by Rs.0.30 to Rs.0.36 across all major cities. Petrol was priced at Rs.72.53 per litre as opposed to Rs.72.87 per litre seen during the previous day. In economic capital Mumbai, petrol dropped below the Rs.72 mark as it traded at Rs.71.90 per litre as opposed to Rs.72.18 per litre recorded on Friday.

      Chennai saw petrol prices hold at Rs.75.26 per litre on Saturday compared to Rs.75.62 per litre on Friday. In Kolkata, prices were at Rs.74.65 per litre compared to Rs.74.88 per litre during the previous day. International crude oil prices were also dropping with benchmark Brent crude oil prices going down below $60 per barrel mark to $59.46 per barrel. Various reports doing the rounds have suggested that this is the worst month for crude oil in the last ten years, having dropped by 30% from the figures recorded in October.

      3 December 2018

    • Fuel Prices Reduced Again by 43 Paise

      Petrol and diesel prices declined again today as rates were cut by up to 43 paise per litre as crude oil prices in the international market dipped. While petrol prices were reduced between 40 and 43 paise per litre across all four major metro cities in the country, diesel prices were cut between 30 to 48 paise per litre. With the revision in prices, now, petrol costs Rs.75.97 a litre in Delhi, while diesel retails at Rs.70.97 a litre. In Mumbai, petrol is available at Rs.81.50 per litre and diesel at Rs.74.34 a litre. Similarly, prices were reduced in Chennai and Kolkata. Petrol is being sold at Rs.78.88 per litre in Chennai, while in Kolkata its available at Rs.79.31 a litre. Diesel, on the other hand, costs Rs.74.99 a litre in Chennai and Rs.72.83 in Kolkata. Fuel prices are influenced by the global crude oil price and the exchange rate of the Indian currency over the U.S. dollar. Fuel prices touched record highs early October 2018. Since then, it has decreased amid softening of crude oil prices in the international market.

      23 November 2018

    • Traders in Bhopal Feel of Pinch of Fuel Hike

      Fuel prices have risen over the last month or so with petrol prices rising by 12.47% while that has diesel has risen by 16.47%. Of this rise, 6.08% rise in petrol has come in September alone while that of silver has risen by 6.65% in the same period.

      In Bhopal, petrol rates have hit Rs.89.35 per litre, while that of diesel has surged to Rs.79.18 per litre. With fuel prices seeing little to no hope of slowing down, inflationary concerns have began to rise as well. Prices of snacks, tea, and food have already gone up. School buses are also feeling the pinch of price hikes with institutions beginning to hike bus fees to match that of the fuel costs in the market. Public transport modes like buses and cabs from Ola and Uber are also witnessing a rise in the overall cost of a ride.

      As a result of fuel rates going up, cost of everyday groceries are also rising making the concerns over inflation already a reality, with much worse yet to arrive in the coming months when crude prices are expected to hit $100 per barrel from November and beyond.

      12 October 2018

    • Petrol Prices Remain Unchanged in Delhi

      Oil Marketing Companies (OMCs) kept the prices of petrol in all the metro cities of the country unchanged as of Wednesday. On Tuesday, the rates in the national capital were hiked by Rs.0.12 for every litre of petrol. The hike saw every litre cost Rs.83.85 in Delhi. In other metros of the country, i.e Mumbai, Chennai, and Kolkata, the rates of petrol were Rs.91.20, Rs.87.18, and Rs.85.65 respectively. It needs to be mentioned that petrol prices in the country have witnessed a steep rise in the last few months owing to a variety of factors.

      As of Tuesday, the rates of Brent crude oil and US West Texas Intermediate (WTI) crude were up by 6 cents and one cent respectively. The hike saw every barrel of Brent crude and US WTI crude cost $84.86 and $75.24 respectively.

      It needs to be mentioned that OMCs of the country had adopted the daily fuel revision system in June last year. The system replaced the practice of revising fuel prices on the 1st and 16th day of every month.

      3 October 2018

    • Petrol and Diesel Prices Soar to Record High

      State-owned Oil Marketing Companies (OMCs) further raised the prices of petrol and diesel on 7 September 2018. Fuel prices were the highest in Mumbai among four major metro cities where petrol costs Rs.87.39 per litre, while a litre of diesel costs Rs.76.51. In Delhi, petrol is available at Rs.79.99 a litre and diesel at Rs.72.07. Other metros such as Kolkata and Chennai, the retail price of petrol stands at Rs.83.14 and Rs.82.88 respectively. Prices are expected to rise as rupee touched yet another all-time low of 72.12 against the US dollar on 7 September 2018. Brent crude, the benchmark of crude oil price, was wavering around $78 a barrel. More than 80% of crude is imported by India, and any decline in the Indian rupee will lead to an increase in fuel prices.

      11 September 2018

    • Crude Oil Report

      International-benchmark Brent crude oil futures and US West Texas Intermediate were retailing consistently early Wednesday succeeding the announcement of the weekly stock report from the American Petroleum Institute and ahead of a alike report from the United States of America’s Energy Information Administration. At 0753 GMT, September WTI unrefined oil was up by 0.09% to $69.23 per barrel, while October Brent crude oil was up 0.03% to $74.67 per barrel. After the introduction of sanctions against Iran by the United States of America, crude oil rates increased on Tuesday. The first round of sanctions focused on the purchase of US dollars by Iran. Added sanctions were positioned on industrial software, coal, metal trading, etc.

      The Administration of Donald Trump, the President of the United States of America, shall also target the petroleum segment of Iran beginning in the month of November 2018. Iran is the third-biggest OPEC manufacturer. Traders comprehend the sanctions to ultimately affect 3% of overseas demand. With the crude oil market currently supported by the commencement of sanctions on Iran, investors focuses on EIA inventories report, which was released on 08 August 2018. It was anticipated that EIA inventories report will show a downfall of 2.8 million barrels for the week completing on 03 August 2018.

      14 August 2018

    • Petrol Prices Hiked by 9 paise in the National Capital

      Petrol price in the national capital was hiked by 9 paise on Tuesday. The prices of petrol were also hiked by the same margin in Mumbai and Chennai while in Kolkata it was hiked by 11 paise. With the hike in the prices, petrol in the four metro cities of the country was as follows - Rs.77.06 in Delhi, Rs.80 in Kolkata, Rs.84.50 in Mumbai and Rs.80.05 in Chennai. The increase in the prices was accounted to global crude prices surging by nearly 20 percent in 2018 and crossing the 80 dollar mark for the first time since 2014. With many traders in Asia being reluctant to take on new positions given that the US was planning to impose sanctions on major crude exporter Iran, oil markets started trading cautiously on Tuesday. This resulted in the futures of Spot Brent Crude oil and US West Texas Intermediate (WTI) crude seeing a decline. Both recorded a decline of 1 cent and 8 cents respectively and cost 73.74 dollars and 68.93 dollars per barrel.

      8 August 2018

    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

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