Benchmark Brent crude oil futures were up by 5 cents to $68.55 a barrel while the US West Texas Intermediate was down by 13 cents to $60.10 per barrel. Crude rates are mixed for the moment with factors like the OPEC production cuts and concerns of a slowdown in economic growth have been balancing the price both ways. The mobile apps enable customers to check on-the-go petrol prices and also one can access the latest fuel rates through SMS services or by visiting the website of a particular oil firm as we have discussed above. Benchmark Brent crude futures rose to a 2019 high of $67.80 per barrel. This is called dynamic fuel pricing. US WTI increased marginally by 6 cents to $ 59.09 per barrel. Once the changes is done, click on the “Save Changes” option to save the changes. The global benchmarks, Brent and US West Texas Intermediate fell to $67 and $58.42 a barrel respectively from worries of a global economic slowdown and reduced US production. In Chennai, the petrol price per litre costs Rs. The overall performance of the fuel witnessed an inclining trend with the percentage change being 0.10%. Petrol rate in Chennai Tamil Nadu today https://www.shell.in › motorists › shell-fuels › fuel-pricing-in-india.html While the Indian rupee turned tables from being the worst performing currency in Asia to the best, the international benchmark for crude oil Brent fell by 14 cents from its last close to $67.72 a barrel. Chennai is one of the biggest metropolitan city of India. The introduction of GST in the sector is expected to have a negative effect on its leaders. Among these include the behaviour of crude oil in the global markets and also the movement of the currency. The My HPCL application offers Outlets & Services, My Vehicle, Alerts, customer service line, Reviews, Help & Tips and also offers access to Insurance Renewal (with partner company), DTPLUS (HPCL Loyalty Program for fleet operators) and HPGAS (LPG) in addition to providing varying fuel prices for the fuel consumers of Chennai. Depending upon the various factors such as demand for the oil and importing charges, export charges and much more the petrol price in Chennai is fixed. In other major cities like Chennai and Hyderabad, petrol is being sold at Rs 88.82/litre and Rs 89.77/litre and diesel at Rs 81.71/litre and Rs 83.46/litre respectively. So depending upon the various factors demand for the oil and importing charges, export charges and much more the petrol price in Chennai is fixed. Make sure that the updated rates that each bunk will show are recorded before filling your vehicle’s fuel tank to the full. Petrol price in Chennai today remained at Rs 75.60 per litre as international oil prices slipped from their four-month highs on Tuesday, but still hovered near their 2019 peaks as supply cuts led by producer club OPEC remain. per litre. Benchmark Brent crude oil futures rose by 18 cents or 0.3 percent to $67.79 a barrel when compared to their last close. The fuel's rates were reduced despite an increase in international rates to their 2019 highs. Thanks to the introduction of Dynamic Fuel Pricing, for which the price of petrol is adjusted regularly every morning at 6 a.m. across the all the cities including Chennai in India. 87.86 per Litre. The reforms were made in consideration of a decline in retail selling rates to be conducted out by the Central Authorities in the coming days. Lowest selling price in Chennai is Rs 86.51. It was also its strongest level since November 2018. Iran's crude exports are being sought to be actively cut by the US who aims to reduce it by 20 percent to below 1 million barrels per day. petrol and diesel rate in chennai today 21st january 2021 More on this topic பெட்ரோல் விலை: வாகன ஓட்டிகள் செம ஹேப்பி - … Per Litre Your current location in Chennai has 53 no. Brent crude oil futures were trading at $66.51 per barrel, down by 72 cents from their last settlement and below their 2019 peak of $68.14 that it reached on Thursday. The price of fuel petrol and diesel are set to a revision daily morning at 6 a.m. Remember, these prices are revised largely based on what the situation in the global markets is. Top oil companies such as Indian oil take various aspects such as duties and charges into consideration and give a new price every day. Last change in Chennai petrol price was on January 21, 2021 and it was increased by +0 rupees. You can now check the daily petrol prices in Chennai on our website. Another element that can gently change from dealer to dealer in Chennai as well as other metropolitan cities is the dealer's profit which is assessed by the distance between the supply stations and retail petrol pumps. The petrol rates in Chennai is changing every day. In a previous session this week Brent hit its four-month high, however, data suggests that economic activity has slowed down in Europe, Asia, and North America. Petrol price in Chennai today rose to Rs 75.35 per litre despite a fall in the international prices and a stronger rupee. The highest Petrol price in Chennai was ₹ 88.8 per litre on 27 January 2021. What's the maximum set GST rate till date? Petrol price in CHENNAI today is 87.87 Rs/ltr. This has led to prices of petrol in Chennai as above mentioned on the table. In the global market, both the oil benchmarks fell. Therefore, it would be important to check the daily petrol prices at goodreturns.in. At last, the Dynamic Fuel Pricing is designed and implemented for the transparency in fuel price among the end-consumers. Check Petrol Price Chart, Trend and Map to know more. Additionally, the massive blackout from the economic and political crisis in Venezuela has caused production and export disruption in the country. In Chennai, petrol and diesel prices are at Rs 88.29 and Rs 81.14 per litre. From the last 10 days, petrol rates in Chennai have been moving in a very narrow band. Today petrol price in chennai is 87.4 Rs/Ltr Today’s petrol price in chennai is Rs.87.4 per litre. The central excise duty appears the same across all regions of the country, as well as Chennai, mostly on price structure of petrol and the structure of State-level Value Added Tax (VAT) for the petroleum products varies from state to state. Methods such as mobile applications, SMS services and official web portal of the specific oil company are the ways through which you can find the correct fuel price of your city. Within the state for every different city, the price will be slightly different due to various tolls and charges. However, numerous oil and gas firms such as Indian Oil, Bharat Petroleum and Hindustan Petroleum have lead to different methods of keeping a menu on evolving fuel costs, and simplest way to track the rate changes is by installing mobile apps through which fuel consumers of India can easily track the correct petrol and diesel rates on their go. There are concerns among traders of an economic slowdown that has gripped large parts of Asia and Europe (especially after Brexit) that will dent growth in fuel demand. By FPJ Web Desk. To overcome this difficulty OMCs have issued numerous methods to track the updated and actual petrol price of Chennai as well as all the cities and states. Petrol price in Chennai is set based on the average of the fuel prices for 15 days and the exchange rate of the rupee. In fact this is the reason for the current variation in the price of petrol in different areas of the country. 88.82 with a hike of 22 paise and the diesel is priced at Rs. Domestically, refinery costs vary, this are the costs that oil manufacturing firms bear in transforming crude oil into petrol. The international oil prices climbed marginally from supply cuts from the OPEC and US sanctions on Venezuelan and Iranian exports. Supported by the tightening of US stocks and reduced output from OPEC due to scheduled cuts and sanctions on Venezuela and Iran has pushed the oil rates higher. India imports crude oil from the USA as well as the Middle East. All fuel stations will revise the petrol price of the city at 6.00 A.M every morning and reflect the updated price at their respective website, mobile app and fuel bunk (both automated and non-automated). Also find the historical petrol prices in chennai. But due to the regular price update it is hard to track the correct petrol price of Chennai for the petrol consumers across the city. The prices have still been cushioning because of the concerns of a global slowdown once again. /Ltr It is largely linked to international crude prices, which trade abroad. Traders feel that the market may be being capped by the rising American output. Petrol prices are changing everyday in Chennai against the earlier practice of revising prices once in 15 days. Petrol, Diesel Rates Today: Petrol prices remained unchanged in the national capital on Sunday, i.e. However, the increase in oil outputs from the United States has helped to offset the supply cuts. The present pricing system was introduced and implemented by the Government of India in mid-June 2017. The highest Petrol price in Chennai in last 5 years was ₹ 88.8 per litre on 27 January 2021. SmartDrive is configured to collect information about consumers and vehicles so that the BPCL can give you daily updates about your vehicle's PUC, insurance and support, and is accessible through both the Google Store and the Apple Store. The petrol price in India used to change monthly twice from first and sixteenth of every month. Sanctions against oil producers Iran and Venezuela from the US are also adding pressure to the crude prices. In addition to petrochemicals, GST, which stands for Goods and Services Tax, does not cover petrol. The prices of Oil eased by 1 percent from their 2019 highs after the attention has now shifted to the lack of progress in the US and China talks. Diesel prices too have hiked by 15 paise from yesterday’s rate price of Rs 67.86 a litre. If GST is to be introduced, all the tax components in the existing market overview of the price of fuel should be excluded. We Provide daily updated Chennai petrol rates and try to give you best information. What was the highest Petrol price in Chennai in last 5 years? In the past, the petrol prices in the country were centralized and changed every fortnight. This mobile app is accessible to Indian Oil smartphone users and is available on both the Google Play Store and the Apple Store. of petrol bunk or fuel filling station near by. Buyers can check the prices through SMS alerts, oil companies mobile apps, websites and toll-free phone numbers. Petrol Rates in Chennai today (18 January, 2021) is Rs. Today's Petrol price in Chennai is ₹ 86.46 per litre. Click on the Menu icon of the browser, it opens up a list of options. With a few taps consumers can meet the updated price of petrol every morning before heading to the office or fuelling the tank of their vehicle. Petrol price in Chennai today was increased to Rs 75.62 per litre. The highest Petrol price in Chennai in 2020 was ₹ 78.1 per litre on 31 December 2019. Hence, this would affect both the middle class and the poor at a time when critical commodity prices were on the surge. The lowest Petrol price in Chennai in 2021 was ₹ 72.26 per litre on 16 March 2020. As you are a petrol buyer in the city it is recommended to you check the petrol price of the city on a daily basis as a little change will impact you in a huge way. There has been a trend of increasing crude oil prices, which have moved higher from levels of $55 to the current levels of below $40. What was the lowest Petrol price in Chennai in 2020? Petrol price in Chennai today was increased to Rs 75.43 per litre despite a fall in international crude oil rates. Highest Petrol Price in January in Chennai ₹ 87.65 Lowest Petrol Price in January in Chennai ₹ 86.54 Average Petrol Price in January in Chennai ₹ 87.00 Opening Petrol Price in January in Chennai (01 Jan 2021) ₹ 86.54 Closing Petrol Price in January in Chennai (18 Jan 2021) ₹ 87.65 Petrol Price in Chennai Today : The price of Petrol in Chennai is at Rs 88.29 per litre Today. The highest Petrol price in Chennai in 2021 was ₹ 88.8 per litre on 27 January 2021. Petrol consumers of Chennai can easily check the latest petrol price of city from the comfort of their home. Global benchmark Brent crude oil futures were was down by 4 cents at $67.50 per barrel. After a report said the OPEC's panel meeting on Monday to review progress with an OPEC-led supply cut deal is recommending the producers cancel a policy meeting that was scheduled for April, caused the prices to go lower. In contrast to info on the fuel rates and locations, SmartDrive also provides details on both the Petrocard and SmartFleet loyalty transactions. The current Petrol price in Chennai is ₹ 88.8 per litre. Petrol rate in Chennai increased today by Rs 0.00. What was the highest Petrol price in Chennai? Meanwhile, petrol and diesel prices per litre in Delhi rose by 25 paise per litre. Chennai Petrol Price takes effect at 6AM today. The climb was curbed by the concerns of an economic slowdown around the globe. Today's Chennai Fuel Price Petrol: ₹86.46 Diesel: ₹79.70. Via mobile apps of the Indian Oil firms- The present petrol price of every state or city is assured through mobile applications enforced through OMCs. Thinking about the natural gas and oil industries? Diesel price has increased 1.45 Rs/ltr since 16th Dec when it was 79.23 Rs/ltr. ( ₹ 0.22. US West Texas Intermediate (WTI) crude futures were up by 12 cents to $58.38 a barrel. There are many players in the sector, ranging from OMCs to owners of fuel bunkers. on August 04, 2020 is 83.63 Rs./Litre. The rates offered to distributors of retail petrol are then levied by the state as well as central governments. The shift damages the stream of revenue of the government of Tamil Nadu and the central government. Petrol price in Chennai today was increased to Rs 75.57 per litre even as international rates fell and the rupee strengthened. Scroll down the page to the “Permission” section . The hike in petrol price in Chennai today appears to be a result of the rise in the benchmarks in the previous trading day. Apart from the global rate of crude, the foreign exchange rate also impacts the price at which fuel is sold in India. Highest selling price in Chennai is Rs 86.68. While Saudi Arabia, OPEC's de-facto leader has been cutting output by more than the amount it is required to and after canceling the April meeting, it is suggesting its unwillingness by other OPEC and non-OPEC producers to do anything to stop prices from rising. Hindustan Petroleum's My HPCL mobile app also provides a new section to stay updated with the fuel prices at the petrol pumps. What was the highest Petrol price in Chennai in 2020? The contract hit a four-month high of $68.69 on Thursday. What was the highest Petrol price in Chennai in 2021? In the case of Chennai, there has been an increase in the state tax and this has consequently impacted the price of petrol in the area. 87.85 Per Litre and diesel price is Rs.80.67 Per Litre and kerosene price is Rs. At ₹ 88.8 per litre, the highest Petrol price in Chennai was recorded on 27 January 2021. The information also will available on company websites and mobile apps, like Fuel@IOC, Smart Drive (BPCL), and My HP CL. These days, thanks to a myriad of changes in the political situation in the country, dynamic pricing has been introduced and due to that the prices change every day. There is no production of petrol in India. The whole sector of oil and natural gas has been placed beyond the reach of GST. NOx (nitrogen oxides) in the petrol cars is reduced by 25% by using this newer fuel. With every increase or decrease in BS6 petrol price in Chennai, we update our database to help you with the latest Chennai BS6 petrol price. The petrol and diesel rates of all metro cities such as Mumbai, Delhi, Kolkata, Bengaluru, Chandigarh and more had started the mechanism of Dynamic Fuel Pricing on June 2017. Total number of Petrol Pump In Chennai is 116. All of these oil companies are regularly adjusting diesel and petrol prices frequently or what we called on a daily basis in simple words. Petrol prices in Chennai have been turning more volatile, as prices of crude oil have been showing a firm trend. It is at the authority of the central government to carry petrol under the framework of GST. It is hoped that the government can reduce excise duties, so as to enable rates to become more cheaper in the coming days. The theory of fluctuating fuel costs, usually referred to as # MyFuelMyDayMyPrice, is opposed by the mainstream as the price of fuels such as diesel and petrol has been driven into the region of volatility. To start receiving timely alerts, as shown below click on the Green “lock” icon next to the address bar. Todays petrol rates in Chennai depend on a host of factors. Earlier, the petrol price in Madhya Pradesh's capital was ₹ 93.15, while the price of diesel was ₹ 83.41. The petrol rate in Chennai remained unchanged today due to the ongoing elections in India which are going to be held in the city tomorrow. Here click on the “Settings” tab of the Notification option. Petrol price in Chennai today was reduced by 7 paise to Rs 75.52 per litre. In the 52 week period, the price of Petrol in Chennai (Tamil Nadu) touched a high … The fuel rates in Chennai mainly depend on how international prices of crude oil move. The mobile app is available for Android, IOS and Windows users. In Chennai, the petrol price per litre costs Rs. BPCL's SmartDrive mobile app enables users to retain record of fuel station purchases and also assists in locating nearby filling stations. When this happens it leads to increase in prices of all commodities as petrol is needed for transportation. Indian oil companies have introduced many methods to check daily petrol prices daily at morning 6 am. Some key components that determine the retail selling price (RSP) of petrol in Chennai are: price of crude oil, the price of the refinery, the commission of the distributor, the profit margin of OMCs, the state VAT levied on petrol and the excise duty levied on petrol. Via toll-free numbers- Chennai's petrol customers can confirm the city's accurate petrol price on the go by dialling the toll-free numbers of the relevant oil companies provided below. And if GST is applied at its peak point , i.e., 28 percent, the retail selling price (RSP) of petrol would decline by a wide margin. Prices are revised at … Petrol Price: Petrol rates in India are revised on a daily basis. The reason for the everyday petrol price change It is primarily due to the change in the petrol prices in the global Markets. Demand for the petrol is day by day increasing the number of the vehicle are increasing. Petrol rate in Chennai Tamil Nadu today Find the latest Petrol rate today for any city in India. The highest Petrol price in Chennai in last 10 years was ₹ 87.39 per litre on 04 October 2018. The revision in chennai petrol price was on 17 Jan, 2021 and it got decreased by 0.00 rupees. The fuel's rates were reduced despite an increase in international rates to their 2019 highs. Petrol price in Chennai today was increased to Rs 75.27 per litre after international oil prices rose to its highest level for this year. Do you want to clear all the notifications from your inbox? In Delhi, petrol today retailed at 70 a litre while in Kolkata ₹ 72.7 a litre, in Mumbai ₹ 75.7 a litre and in Chennai ₹ 72.71 litre. The Indian rupee rose for the seventh straight trading session today. Prices in Mumbai, Chennai and Kolkata were Rs 91.32, Rs … Benchmark Brent crude futures fell by 1.3 percent to $66.96 a barrel. For example, when the rupee falls against the dollar, it becomes very expensive to import crude oil and this reflects on prices of crude. The rise in fuel rates was seen despite a fall in international rates. Now moving a step ahead The Indian oil corporation introduced a new app called FUEL@IOC. It helps to know the current petrol rates. 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