Petrol Price in Trivandrum

Petrol Price in Trivandrum Today (Apr 20 2024)

Price of Petrol in Trivandrum is at ... today.

Petrol prices in Trivandrum are steadily increasing as prices of crude oil have been firmly moving ahead with the trend. It is more vital to check today’s petrol price in Trivandrum worth ... per litre. If you are looking forward to having a long run, you must be aware of the petrol and diesel prices that are revised at regular intervals. The rupee has also dropped down lower against the dollar. It is anticipated that the government can reduce excise duties to enable rates to become cheaper in the coming days.

Change In Prices of Petrol in Trivandrum (Today & Yesterday)

Petrol Price in Trivandrum

Trivandrum is a metropolitan city and is the capital city of Kerala. It is the nation’s main hub for the IT sector. The city contributes over more than 50 percent of software exports from the state. It offers residents plenty of temples and educational facilities. Most of the public transport network system operates by both state-owned and private buses in the city. Auto rickshaws and taxi cabs are largely tourist transportations. Two-wheelers and four-wheelers have become a major part of transportation in the city. 

With the increasing population, the means of transportation in Trivandrum wholly depends on fuel to helps the economy and transportation up to the mark. In Trivandrum, most of the fuel stations are operated by State-owned oil marketing firms such as Bharat Petroleum, Hindustan Petroleum, and Indian Oil. The price of petrol in Trivandrum is modified regularly and it is even important to recognize how the price of petrol is calculated. 

Major modifications in the price of International Crude Oil

India purchases crude oil from oil-producing countries. In case of any changes in the cost of crude oil on the international market, it influences the petrol price of Trivandrum. The adjustment in global crude oil occurs when there are huge cuts in production. For instance, when there is a hike in crude oil, there can be a supply shortage. Leading oil marketing companies are expected to pay a higher price to buy refined oil. This increases the price of petrol in Trivandrum. 

Rupees and Dollar Exchange Rate

Oil marketing companies are acquiring crude oil in US dollars. The rise or contraction of the value of the dollar. It affects the price of petrol. The dollar value will increase the petrol price in Trivandrum in other cities in the country. 

Applicable Tax

Most of the major factors influencing the price of petrol are taxation. Though excise duty is charged by the central government, the states VAT on fuel including petroleum products. The adjustments in taxes might impact the price of fuel in the region. 

Dealer Commission and profits

Oil marketing companies purchase and refine the firms that add profitability along with other production costs and selling it to dealers around the nation. Dealers or holders of gas stations, distribute and operate the fuel station keeps a standard margin prior to supplying the product to the end-user.

Why is The Petrol Price of Trivandrum Updated Regularly?

Petrol prices are updated at regular intervals because of the constant fluctuations in the pricing system. Petrol prices were updated regularly depending upon the US dollar exchange rate and the average global price of crude oil. The process is organized that does not allow dealers to raise or decrease the price without any fluctuations in the crude oil. The newly formed strategy was executed to supply fuel at the crude oil price of the previous day and the global exchange rate of the US dollar. 

Ways to Check The Petrol Rate in Trivandrum

With the advanced pricing system in place, the price of petrol is comparatively more or less different from those previous statistics. If we address today’s petrol price in a city it comes up with a very complexion. OMC has come up with several potential ways for verifying the price of petrol daily. 

Mobile apps

Oils companies disclose their corresponding mobile apps for regular checking of the petrol prices. IOC has recently launched the Fuel@IOC app. The SmartDrive app is also used by BPCL consumers. 

Via SMS

To check the petrol rate of Trivandrum via SMS follow the below details: 

IOC: SMS RSP dealer code and send it to 9224992249

HPCL: SMS HPPRICE dealer code and send it to 9222201122

BPCL: SMS RSP dealer code and send it to 9223112222

Via website:

Fuel consumers can easily visit the specific OMC website to ensure the current price of petrol of Trivandrum. The customers can also visit Dialabank to check the best and accurate petrol price of all the cities including Trivandrum. 

How Petrol Rate is Calculated in Trivandrum?

The retailer’s commission, the profit margin of the OMCs, the state VAT imposed on petrol and the excise duty are major elements that predict the retails selling price of petrol in Trivandrum. Crude oil is considerably traded on a global basis in US dollars. The global oil market also deals in supply and demand in the developed countries, natural factors, and the exchange rate of the USD against global currencies. In all the regions of the country including Trivandrum, the central excise duty is anticipated to remain the same, primarily in relation to the pricing model of the petrol. 

How is The Petrol Price in Trivandrum Revised?

To adjust the fuel prices, India has some following dynamic fuel pricing mechanisms currently in operation. This type of dynamic fuel pricing is a system for fuel pricing that always considers fuel prices regularly, relying on the crude oil markets and currency exchange rates. In June 2017, after a pilot operating in some cities across India, the complete method was established in India. The United States of America, Australia, and Russia are other countries that are also following this new mechanism for petrol pricing to maintain smooth cash flow, the economy as well as transparent petrol price. Let’s examine the benefits of dynamic fuel pricing. The petrol price adjustment is undertaken all day at morning 06:00 a.m. The price of petrol will be modified automatically by all these automated filling stations. All non-the automated refuelling stations will manually adjust this correct price of petrol. Distributors can very only manage working capital efficiently. This type of mechanism always allows dealers to have craftier stock or stock control Adjustments in crude oil prices, and INR / USD rates will be immediately transferred to end-users. By downloading smartphone apps of the oil marketing companies like Indian Oil, Bharat Petroleum, Hindustan Petroleum, and Shell Oil, Trivandrum petroleum, every customer can monitor the current petrol price. Or they can either go via SMS or customer support facilities. Through all the mechanisms, petrol consumers of Trivandrum can very track the correct and transparent petrol price of the city of Trivandrum.

OMCs Mobile Apps to Monitor the Petrol Price of Trivandrum

The customers in Trivandrum are facing challenges in monitoring the relevant petrol price of Trivandrum. It is not just about Trivandrum, but this issue has been faced by petrol customers in all the major countries. India’s leading oil companies such as Hindustan Petroleum, Bharat Petroleum, Indian Oil are keeping the trends with the current petrol cost in Trivandrum in various different methods for fuel customers. India’s leading oil companies have officially released the Dynamic Fuel Pricing system that leads to a regular revision of petrol prices across the country. The smartphone apps developed by the oil companies also allow the users to track Trivandrum petrol price.

Trend of Petrol Price in Trivandrum for February 2022

 

Parameters	Rates/litre
1st January	Rs.85.96
31st January	Rs.88.51
Highest Rate in January	Rs.88.58 from 27th to 31st January
Lowest Rate in January	Rs.85.33 on 1st, 2nd, and 3rd January
Overall Performance	Rising
Percentage Change	2.88%

Monthly Petrol Price Trend in Trivandrum for January 2022:

• In Trivandrum, the price of petrol opened at the rate of Rs.85.96 per litre. When compared to the closing rate of the fuel for the month of December, there was no change in the price.
• Petrol price in Trivandrum 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.88.51 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.85.33 per litre.
• The overall performance of the fuel witnessed rising trend in Trivandrum with the percentage change witnessing an incline of 2.88%.

Trend of Petrol Price in Trivandrum for December 2021 (rates per litre):

Parameters	Rates/litre
1st December	Rs.84.59
31st December	Rs.85.72
Highest Rate in December	Rs.85.59 on 7th, 8th, 12th through 29th December
Lowest Rate in December	Rs.84.49 on 2nd December
Overall Performance	Rising
Percentage Change	+1.32%

Monthly Petrol Price Trend in Trivandrum for December 2020:

• In Trivandrum, the price of petrol opened at the rate of Rs.84.59 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 Trivandrum.
• Petrol price in Trivandrum rising during the first few days of the month followed by which it was quite steady. The fuel recorded its highest price for the month on 7th and 8th December after which it stood at the same rate between 12th December and 29th December. During this period, the price stood at the rate of Rs.85.59 per litre. The lowest price was recorded on 2nd December wherein a litre of petrol was retailing at the rate of Rs.84.49 per litre.
• The overall performance of the fuel witnessed a rising trend in Trivandrum with the percentage change witnessing an incline of +1.32%.

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

Parameters	Rates/litre
1st November	Rs.82.96
30th November	Rs.83.96
Highest Rate in November	Rs.84.34 on 29th and 30th November
Lowest Rate in November	Rs.82.50 from 1st to 12th November
Overall Performance	Rising
Percentage Change	+1.15%

Monthly Petrol Price Trend in Trivandrum for November 2020:

• In Trivandrum, the price of petrol opened at the rate of Rs.82.96 per litre. There was an rising trend in the price of the fuel over the month with gradual fluctuations.
• Petrol price in Trivandrum was steady from the beginning of the month till the 12th of November. The fuel recorded its highest price for the month on 29th and 30th November wherein it stood at the rate of Rs.84.34 per litre. The lowest price was recorded from 1st to 12th November wherein the price of the fuel retailed at the rate of Rs.82.50 per litre.
• The overall performance of the fuel witnessed a rising trend in Trivandrum with the percentage change standing at 1.15%.

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

Parameters	Rates/litre
1st October	Rs.83.06
31st October	Rs.82.89
Highest Rate in October	Rs.83.12
Lowest Rate in October	Rs.82.64
Overall Performance	Falling
Percentage Change	-0.02%

Monthly Petrol Price Trend in Trivandrum for October 2020:

• Petrol price in Trivandrum opened the month of October at Rs.83.06 per litre. There was no change in the rates when compared to the closing price of the previous week.
• Over the month, the price of petrol didn’t see much change in the city. The fuel recorded it highest price for the month on 10th October with a litre costing Rs.83.12.
• Petrol closed the month at Rs.82.64 per litre. The overall performance of the fuel in the metropolitan city falling as there was no change in the opening and closing price.

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

Parameters	Rates/litre
1st September	Rs.83.91
30th September	Rs.82.89
Highest Rate in September	Rs.84.08
Lowest Rate in September	Rs.82.58
Overall Performance	Falling
Percentage Change	-1.23%

Monthly Petrol Price Trend in Trivandrum for September 2020:

• A litre of petrol was priced Rs.83.91 at the start of the month in Trivandrum. The opening price of the fuel was the highest for the month. When compared to the closing price of the previous month, the price of petrol was up by 5 paise in the city.
• The price of petrol witnessed a lot of fluctuations in the city of Trivandrum over the month. Petrol recorded its lowest price for the month on 29th and 30th of September. Oil companies retailed a litre of petrol for Rs.82.89 on the mentioned dates.
• Petrol’s overall performance in Trivandrum witnessed a declining trend. The percentage change recorded in the rates stood at -1.23%.

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

Parameters	Rates/litre
1st August	Rs.82.32
31st August	Rs.84.03
Highest Rate in August	Rs.84.03 on 30 and 31 August
Lowest Rate in August	Rs.82.10 from 1 to 9 August and 12 to 14 August
Overall Performance	Rising
Percentage Change	+2.03%

Monthly Petrol Price Trend in Trivandrum for August 2020:

• The month of August opened with the price of petrol being traded at the rate of Rs.82.32 per litre in Trivandrum. There was no change in the price till 9th of August.
• Over the month, the price of petrol witnessed fluctuations in the city of Trivandrum. The fuel recorded its lowest prices from 1st August to 9th August and 12th August to 14th August wherein it stood at the rate of Rs.82.03 per litre.
• The price of petrol in Trivandrum closed the month of August being traded at the rate of Rs.82.10 per litre. There was rising trend in the overall performance of the fuel with the percentage change being +2.03%.

FAQ’s

What is today’s Petrol price in Trivandrum?

Today’s Petrol price in Ranchi is 84.89 ₹/L per litre.

What was the highest Petrol price in Trivandrum?

The highest Petrol price in Trivandrum was ₹87.81 per litre on 18th February 2021.

When was the highest Petrol price in Trivandrum?

At ₹ 87.81 per litre, the highest Petrol price in Trivandrum was recorded on 18th February 2021.

What is the current Petrol price in Trivandrum?

The current Petrol price in Trivandrum is ₹ 87.55 per litre.

What was the highest Petrol price in Trivandrum in the last five years?

The highest Petrol price in Trivandrum in the last five years was ₹ ₹87.81 per litre on 20 February 2021.

What was the highest Petrol price in Trivandrum in the last ten years?

The highest Petrol price in Trivandrum in the last ten years was ₹ 81.79 per litre on 29th August.

What was the highest Petrol price in Trivandrum in 2020?

The highest Petrol price in Trivandrum in 2020 was ₹ 83.40 per litre on 31 December 2019.

What was the lowest Petrol price in Trivandrum in 2020?

The lowest Petrol price in Trivandrum in 2020 was ₹ 81.86 per litre on 04 January 2020.

What was the highest Petrol price in Trivandrum in 2021?

The highest Petrol price in Trivandrum in 2021 was ₹ 87.81 per litre on 18th February 2021.

What was the lowest Petrol price in Trivandrum in 2021?

The lowest Petrol price in Trivandrum in 2021 was ₹ 81.86 per litre on 1st January 2021.