Petrol Prices In Kerala Today

0
Petrol Price in India (₹/L)
Diesel
81.47Per Litre

Petrol Prices in Kerala – Last 10 Days Data

Mar 12, 2021 91.64 ₹/L
Mar 11, 2021 91.64 ₹/L
Mar 10, 2021 91.64 ₹/L
Mar 09, 2021 91.64 ₹/L
Mar 08, 2021 91.64 ₹/L
Mar 07, 2021 91.64 ₹/L
Mar 06, 2021 91.64 ₹/L
Mar 05, 2021 91.64 ₹/L
Mar 04, 2021 91.64 ₹/L
Mar 03, 2021 91.64 ₹/L

State-wise Petrol Prices

STATE PETROL PRICE
Andhra Pradesh 87.24 ₹/L
Assam 87.24 ₹/L
Bihar 92.91 ₹/L
Chhattisgarh 89.06 ₹/L
Delhi 90.58 ₹/L
Gujarat 87.67 ₹/L
Haryana 88.67 ₹/L
Himachal Pradesh 88.55 ₹/L
Jammu And Kashmir 92.11 ₹/L
Jharkhand 88.06 ₹/L
Karnataka 93.22 ₹/L
Kerala 91.05 ₹/L
Madhya Pradesh 98.64 ₹/L
Maharashtra 97.30 ₹/L
Odisha 91.30 ₹/L
Punjab 89.64 ₹/L
Rajasthan 97.10 ₹/L
Tamil Nadu 93.07 ₹/L
Telangana 94.18 ₹/L
Uttar Pradesh 88.78 ₹/L
Uttarakhand 89.44 ₹/L
West Bengal 91.78 ₹/L

Petrol Prices in Major Cities

CITY PETROL PRICE TODAY
New Delhi ₹ 90.19
Kolkata ₹ 91.41
Mumbai ₹ 96.62
Chennai ₹ 92.25
Gurgaon ₹ 87.53
Noida ₹ 88.11
Bangalore ₹ 93.21
Bhubaneswar ₹ 90.25
Chandigarh ₹ 86.17
Hyderabad ₹ 93.10

Petrol Rate in Kerala

  • The current Petrol Price in Kerala is Rs.91.64 per litre.
  • Today’s Petrol price in Telangana is Rs.91.64 litre.

Trend of Petrol Prices in Kerala for February 2021 (rates per liter):

Parameters

Rates/litre
1st February Rs.88.31
28th February Rs.93.03

Highest Rate in February

Rs.93.03
Lowest Rate in February

Rs.88.31

Overall Performance

Incline

Percentage Change

5.34%

 

  • The petrol price in Kerala has settled to Rs. 88.31 per litre on the 1st February
  • In the previous week, the prices were closed to Rs. 88.81 per litre
  • The overall percentage reads to 5.56%

The trend of Petrol Prices in Kerala for January 2021 (rates per liter):

Parameters Rates/litre
1st January Rs.85.68
31st January Rs.88.31
Highest Rate in January Rs.88.31
Lowest Rate in January Rs.85.68
Overall Performance Incline
Percentage Change 3.06%

 

  • The petrol price in Kerala has settled to Rs. 85.68 per litre on the 1st January
  • In the previous week, the prices were closed to Rs. 88.81 per litre
  • The overall percentage reads to 3.06%

Trend of Petrol Prices in Kerala for December 2021 (rates per liter):

Parameters Rates/litre
1st December Rs.84.17
31st December Rs.85.68
Highest Rate in December Rs.85.96
Lowest Rate in December Rs.84.17
Overall Performance Incline
Percentage Change 1.79%

 

  • The petrol price in Kerala has settled to Rs. 84.17 per litre on the 1st December
  • In the previous week, the prices were closed to Rs. 85.68 per litre
  • The overall percentage reads to 1.79%

Trend of Petrol Prices in Kerala for November 2021 (rates per liter):

Parameters Rates/litre
1st November Rs.82.96
30th November Rs.84.59
Highest Rate in November Rs.84.59
Lowest Rate in November Rs.82.66
Overall Performance Incline
Percentage Change 1.96%

 

  • The petrol price in Kerala has settled to Rs. 82.96 per litre on the 1st November
  • In the previous week, the prices were closed to Rs. 84.59 per litre
  • The overall percentage reads to 1.96%

Trend of Petrol Price in Kerala for October 2021 (rates per liter):

Parameters Rates/litre
1st October Rs.82.89
31st October Rs.82.89
Highest Rate in October Rs.83.12
Lowest Rate in October Rs.82.50
Overall Performance Stable
Percentage Change 0.00%

 

  • The petrol price in Kerala has settled to Rs. 82.89 per litre on the 1st October
  • In the previous week, the prices were closed to Rs. 82.89 per litre
  • The overall percentage reads to 0.00%

Trend of Petrol Price in Kerala for September 2021 (rates per liter):

Parameters Rates/litre
1st September Rs.83.97
30th September Rs.82.89
Highest Rate in September Rs.84.04
Lowest Rate in September Rs.82.89
Overall Performance Decline
Percentage Change -1.28%

 

  • The petrol price in Kerala has settled to Rs. 83.97 per litre on the 1st October
  • In the previous week, the prices were closed to Rs. 82.89 per litre
  • The overall percentage reads to -1.28%

How Frequently is Petrol Price in Kerala Reviewed?

Petrol prices in India are revised daily, and this is often called the dynamic fuel price method. Before this prices were revised every fortnight. Various factors impact the worth of fuel. These include rupee to US dollar rate of exchange, cost of crude oil, global cues, demand for fuel, and more. VAT varies from state to state. After adding excise duty, dealer commission, and VAT, the retail asking price of the petrol gets nearly doubled.

Petrol Prices in the Other States

STATE
PETROL PRICE
Andhra Pradesh 87.24 ₹/L
Assam 87.69 ₹/L
Bihar 93.48 ₹/L
Chhattisgarh 89.62 ₹/L
Gujarat 88.20 ₹/L
Haryana 89.25 ₹/L
Himachal Pradesh 89.11 ₹/L
Jammu And Kashmir 92.67 ₹/L
Jharkhand 88.52 ₹/L

Procedure to Compute Petrol Prices in Kerala

Step 1: Calculation of the petroleum Price

The cost of crude oil is on the verge to influence the retail selling prices of petrol. According to the sources, it has been noticed that retail prices are anticipated to witness significant growth. Moreover, it has also been noticed that the retail prices will only decrease on the behavior of the reduction in petrol prices.

Step 2: Calculation of Refinery Expenses

Leading companies are struggling hard to update the latest prices to the consumer with the refinery expenses. The companies are aiming to make the process transparent and refined. This helps consumers perform feasibly in understanding the petrol prices and make decisions accordingly.

Step 3: Other Cost Elements

Clustered petrol is allowed to be stockpiled in the reservoirs of oil manufacturing companies. The rate of petrol is paid by end consumers. It consists of the above costs and the commission is officially charged by excise duty, dealers, value-added tax, and total duties. The petrol price is the cost prices that include excise duty, procuring marketing, state taxes, and refining.

Elements Impacting Petrol Prices in Kerala

Petrol prices in India change in accordance with the changes in government policies that impose taxes on fuels. To urge marginal returns and recover the losses, Indian oil companies change their rate counting on the changing rate of taxes.
This is one of the vital factors having an enormous impact on petrol price in India. So, when the dollar strengthens against the Indian rupee, the buying cost goes high, thus impacting the value of petrol. The imported crude is shipped to refineries for further processing.

How are Petrol Prices in Kerala Responding to GST?

The current crude oil expects to change with the casual observations through an SMS ready or a client assistance administration. The oil manufacturing companies such as Bharat Petroleum, Indian Oil, Hindustan Petroleum, and Shell Oil has the authority to monitor and the recent fuel cost of Kerala in advance.

Diesel Rate vs. Petrol Rates in Kerala

The current crude oil is on the verge to witness a major hike in prices. The reason behind the constant growth of crude oil is the increasing demand in the international market. Moreover, petrol prices are expected to remain stable in Kerala over the next few years.

News

Crude Oil Prices Incline Amid Gulf of Mexico Storm and the Middle East Tensions

On Friday, crude oil prices are getting includes as US oil marketing companies has officially reduced half of their product amid a storm and the ongoing tensions in the Middle East. The global benchmark, Brent Crude has raised by 0.6% or 37 cents at $66.89 per barrel by 0115 GMT. On Thursday, the US oil marketing companies has dropped down to 1 million barrels of production, and 53% of the region’s output due to tropical storm Barry.

FAQs

Is the price of petrol revised a day in Kerala?

Yes, the worth of petrol is revised a day in the state.

Do state-run oil companies revise the rates as per the dynamic pricing scheme?

Yes, state-run oil companies revise the worth of petrol in Kerala as per the dynamic pricing scheme.

How was the general performance of petrol within the state for the month of September?

The overall performance of petrol in the state for the month of September was one among incline.

On what factors is that the price of petrol revised in Kerala?

The price of petrol is revised within the state after taking under consideration international oil rates and rupee – US dollar rate of exchange.

If you have any query visit to Dialabank 

 

 

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