Diesel Price in Chennai

Diesel price in Chennai Today ( Apr 30 2024)

The Diesel Price in Chennai is ...

Earlier, the Diesel cost in Chennai used to change at regular intervals. Presently, from June 15, 2017, the cost will be changed every day morning at 6 AM. Diesel price in Chennai is ... Apr 30 2024. The oil organizations in India finish this change. It is advised in the event that you will fill Diesel. It is smarter to check the Diesel’s cost before filling in light of the fact that the cost will be changing each day. 

As the prices will be changed promptly in the morning at 6 AM it is advised to check the rates promptly in the morning before you go to your work. Generally, the pick or drop in the prices will be in not many paise. It won’t have any big effect on the off chance you are filling in little quantities, as the prices will change consistently. Following up on the prices will give you an understanding that this is a low cost or a high cost in the long term. The adjustment in the prices is because of development in the international raw petroleum prices. Diesel prices in Chennai will revitalize if raw petroleum prices in International Markets rally and the other way around.

Last 7 days Diesel Rate in Chennai

Date	Petrol ( / litre)
8 March 2022	₹ 91.43
7 March 2022	₹ 91.43
6 March 2022	₹ 91.43
5 March 2022	₹ 91.43
4 March 2022	₹ 91.43
3 March 2022	₹ 91.43
2 March 2022	₹ 91.43
1 March 2022	₹ 91.43

State-wise Petrol Prices

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Petrol Prices in Major Cities

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Why are Diesel Prices Revised Daily?

Different components determine the prices of petrol and diesel. First, the expense of crude oil, second, the charges the Center and states forces. Likewise, a seller’s commission and VAT get added before it’s offered to the buyer. Petrol and diesel are expensive, basically, in light of the focal and state charges. Otherwise, it would be a lot less expensive. Charges on fills is a gigantic revenue generator for the government, and it’s an intense choice for the governments – Center and states – to reduce it to lessen fuel prices. Concerning the everyday change in fuel prices, this is a direct result of a dynamic evaluating framework reflecting fluctuations in the worldwide oil market. Earlier petrol prices were modified each fortnight, implying that dissimilar to now, the prices changed on the first and sixteenth of consistently.

How to Check Daily Diesel Prices in Chennai?

With the advanced estimating framework set up, petrol costs are nearly pretty much, not quite the same as those past insights. The off chance that we address the present petrol cost in a city concocts a very composition. OMC has thought of a few potential ways of confirming the cost of petrol every day. 

Mobile apps 

Oils organizations disclose their corresponding mobile apps for ordinary checking of the petrol prices. IOC has, as of late, dispatched the Fuel@IOC application. BPCL consumers likewise utilize the SmartDrive application. 

Through SMS 

To check the diesel price of Chennai through SMS, follow the beneath subtleties: 

• IOC: SMS RSP seller code and send it to 9224992249 
• HPCL: SMS HP PRICE seller code and send it to 9222201122 
• BPCL: SMS RSP seller code and send it to 9223112222 

Through website: 

Fuel consumers can undoubtedly visit the particular OMC website to guarantee the current cost of petrol in Chennai. Likewise, the customers can visit Dialabank to check the best and exact petrol cost of the relative multitude of urban areas, including Chennai.

Factors which Influence the Diesel Price in Chennai

Chennai’s diesel cost has numerous components, as opposed to key factors, for example, those of the cost of crude oil and the money conversion scale between Rupee-Dollar. Before the genuine selling cost of diesel in a city, the oil firm incorporates different charges, such as freight charges, processing plant charges, oil company’s margin, section charge, etc. Be that as it may, the essential fuel expense incorporates seller commission, excise obligation demanded by the Union Government, and the VAT or nearby deals charge exacted by the particular state. Albeit different expenses stay stable generally, the key crude oil value factors and the rupee-dollar conversion scale have the best impact on the country’s diesel prices. Let’s talk about why the cost of crude oil changes and what it means for India’s fuel cost. 

Allocation and Demand: Organization of Petroleum Exporting Countries (OPEC) is the main provider of crude oil in the worldwide market and its nearby accomplices, influencing the market cost of crude oil to a wide reach. International patterns in the region impact the OPEC guidelines. Consequently, any pain on any of the OPEC part nations likewise shows an absence of crude oil supplies, which expands the cost of crude oil on the worldwide market. 

Natural disasters: Any contention or natural catastrophe likewise impacts the market cost of crude oil, as it might bring about a shortage or an ascent in oil demand. Political unsteadiness or clashes in oil-delivering or oil-devouring nations impact crude oil prices monstrously. 

Supply of crude oil: The biggest oil-creating and oil-devouring nations are amassing enormous crude oil reserves to keep up their economy dynamic on the off chance that crude oil prices rise. At the point when oil prices are more vulnerable, they stock up and increment production all through the market to retain stable rates.

Is GST Applicable in Diesel? 

India moved to another taxation framework known as the Goods and Service Tax (GST), which was introduced on 1 July 2017. Under this framework, all goods and administrations were under one taxation in the nation; nonetheless, five petroleum items like diesel, petrol, crude oil, natural gas and avionics turbine fuel (ATF) were kept out of the ambit of GST. 

Diesel and petrol keep attracting the Center’s excise obligation, and the respective state’s neighbourhood deals duty or VAT. The all-out expense rate of excise obligation and VAT is around 45-half for petrol and 35-40% for diesel. Under the GST, the most noteworthy assessment chunk is 28%, which is comparatively lower, impacting the revenue procured by both the Center and the State. The Center could lose up to Rs.20,000 crore as revenue from the country’s fuel offer, while the states need to keep their revenue to meet any possibility. 

Likewise, GST is an advertisement Valorem charge, which is required as a rate on the ex-production line cost. This could prompt an unexpected jump in retail prices when refinery door rates are climbed because of the ascent in the worldwide crude oil prices, and the opposite is likewise a possibility.

Diesel Price Vs. Petrol Price in Chennai

While the basic fuel expense is the equivalent of petrol and diesel, different charges bring down the diesel rate. The expenses levied by the Center as excise obligation and the neighbourhood deals assessment or VAT charged by the respective State are a lot lower than charged on the offer of petrol, making diesel prices in Chennai cheaper than petrol prices.

Trend of Diesel Price in Chennai for February 2022

Parameters	Rate/ Liters
1st February	₹ 81.70
7th February	₹ 82.31
Highest Rate in February	₹ 82.31
Lowest Rate in February	₹ 81.70
Overall Performance	Incline
Percentage Change	0.74 %

 

• Diesel cost in Chennai remained at Rs.81.70 per liter on the first of February as prices kept on rising. 
• Diesel shut the week at Rs.82.31 per liter. 
• The general rate change was 0.74%.

 

Trend of Diesel Price in Chennai for January 2022

Parameters	Rate/ Liters
1st February	₹ 79.18
7th February	₹ 81.70
Highest Rate in February	₹ 81.70
Lowest Rate in February	₹ 79.18
Overall Performance	Incline
Percentage Change	3.18%

 

• In Chennai, diesel opened the third seven day stretch of December at Rs.80.17 per litre. The cost charged for a litre stayed stale when contrasted with the cost charged on the earlier week’s last day. 
• The pace of diesel didn’t perceive any change throughout the following two days before expanding steadily. Diesel recorded its greatest cost for the month until the nineteenth January when a litre expense of Rs.80.65 in the metropolitan city. 
• Diesel cost in Chennai stayed unchanged over the course of the following two days and shut the week at a similar cost. The general exhibition of the fuel in Chennai was one grade, with the rate change remaining at 1.85%.

 

Trend of Diesel Price in Chennai for December 2021

Parameters	Rate/ Liters
1st February	₹ 77.80
7th February	₹ 79.18
Highest Rate in February	₹ 79.18
Lowest Rate in February	₹ 77.80
Overall Performance	Incline
Percentage Change	1.77 %

 

• Diesel cost in Chennai remained at Rs.79.18 per liter on the eighth of December. 
• Petrol prices were pretty much stable, shutting the week at Rs.79.18 per liter. 
• The general rate change was 1.77%.

 

The Trend of Diesel Price in Chennai for November 2021

Parameters	Rate/ Liters
1st November	₹ 75.95
30th November	₹ 77.84
Highest Rate in November	₹ 77.84
Lowest Rate in November	₹ 75.95
Overall Performance	Incline
Percentage Change	2.43%

 

• Diesel cost in Chennai remained at Rs.75.95 per litre on November 1 as prices kept on rising. 
• Diesel shut the week at Rs.77.84 per litre. 
• The general rate change was 2.43%.

 

The Trend of Diesel Price in Chennai for October 2021

Parameters	Rate/ Liters
1st October	₹ 76.10
31st October	₹ 76.03
Highest Rate in October	₹ 76.10
Lowest Rate in October	₹ 76.03
Overall Performance	Falling
Percentage Change	0.09%

 

• Diesel cost in Chennai remained at Rs.76.10 per litre on October 1 as prices kept on rising. 
• Diesel shut the week at Rs.76.03 per litre. 
• The general rate change was 0.09%.

 

The Trend of Diesel Price in Chennai for September 2021

Parameters	Rate/ Liters
1st September	₹ 78.86
30th September	₹ 76.10
Highest Rate in September	₹ 78.86
Lowest Rate in September	₹ 76.10
Overall Performance	Falling
Percentage Change	3.63%

 

• Diesel cost in Chennai remained at Rs.78.86 per litre on September 1 as prices kept on rising. 
• Diesel shut the week at Rs.76.10 per litre. 
• The general rate change was 3.63%.

 

The Trend of Diesel Price in Chennai for August 2021

Parameters	Rate/ Liters
1st August	₹ 76.86
31th August	₹ 76.86
Highest Rate in August	₹ 76.86
Lowest Rate in August	₹ 76.86
Overall Performance	No Change
Percentage Change	0%

 

• Diesel cost in Chennai remained at Rs.76.86 per litre on August 1 as prices kept on rising. 
• Diesel shut the week at Rs.76.86 per litre. 
• The general rate change was 0%.

Diesel cost in Chennai FAQs 

Is it genuine that oil organisations update the paces of diesel according to the dynamic estimating scheme? 

Indeed, oil organisations update the rates according to the dynamic estimating scheme. 

On what components is the cost of diesel in Chennai reliant on? 

The cost of diesel is subject to international oil rates and the rupee’s estimation against the US dollar. 

When did Oil Marketing Companies (OMCs) receive the dynamic evaluating scheme? 

OMCs adopted the scheme in the long stretch of June 2017. 

Which are the state-run oil organisations that operate in Chennai? 

Indian Oil Corporation Limited (IOCL), Bharat Petroleum Corporation Limited (BPCL), and Hindustan Petroleum Corporation Limited (HPCL) are the state-run oil organisations that operate in Chennai. 

How was the general exhibition of diesel for the long stretch of September in Chennai? 

The general presentation of diesel in September was a declining one in the metropolitan city.

News

Petroleum and diesel costs in your city today. 

Petroleum and diesel value today: The cost of petroleum in Delhi right now remains at Rs 90.93 per litre, while diesel is at Rs 81.32. In Mumbai, petroleum costs Rs 97.34, while diesel is retailing at Rs 88.44. Peruse more to discover fuel costs in your city. After rising to new highs, petroleum and diesel costs remained unchanged the nation over on Wednesday, February 24, 2021. On Tuesday, petroleum and diesel costs were climbed by 35 paise per litre each in the national capital. 

Petroleum cost in Delhi right now remains at Rs 90.93 per litre, while diesel is at Rs 81.32. In Mumbai, petrol costs Rs 97.34, while diesel is retailing at Rs 88.44, information available on Indian Oil Corporation’s site appeared. Among the two urban areas where petroleum cost penetrated the Rs 100-mark a week ago, the key auto fuel was at Rs 101.59 in Rajasthan’s Sri Ganganagar. At the same time, diesel was available at Rs 93.61 per litre. In Madhya Pradesh’s Anuppur, petrol costs Rs 101.34 per litre and diesel is selling for Rs 91.81. 

By and large, the key auto energise costs get revised consistently in accordance with benchmark international cost and unfamiliar trade rates.

Diesel Prices in the Country Hiked by 25-26 paise in the Last Two Days. 

Since the finish of 2019 general decisions on Sunday, Oil Marketing Companies (OMCs) have climbed the diesel paces by 25-26 paise per litre. On Tuesday, each litre of diesel was retailed for Rs.66.11 in the national capital, while in Mumbai, the country buyers’ monetary capital needed to shell Rs.69.36 for one litre. 

It should be referenced here that the nation’s fuel costs are subject to worldwide oil costs and the estimation of the rupee against the US dollar. It is imperative to specify that the nation’s fuel costs are revised consistently as OMCs received the unique evaluating plan in June 2017. Before, the paces of fuel in the nation were revised at regular intervals.

Visit Dailabank’s Website for more such updates.