It is important to check todays petrol price in Chennai ₹ 88.82 (27th January 2021), especially if you are going for a long drive. The state-level Value Added Tax ( VAT) system for petroleum products has been modified in May, 2020 from a simple ad valorem tax rate into a blend of volume and actual tax rate. The fuel rates in Chennai mainly depend on how international prices of crude oil move. PMI data released in Germany and France further disappointed traders as the slowdown concerns have moved to all the major parts of the world. 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. Petrol price in Chennai dropped by 5 paise to Rs 73.12 per litre after the daily revision on IOC's (Indian Oil Corporation) website from a fall in international crude oil prices. 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. The introduction of GST in the sector is expected to have a negative effect on its leaders. In Kolkata, the prices of petrol and diesel are at Rs 87.11 and Rs 79.48 per litre respectively. The petrol rates in Chennai is changing every day. 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. Supported by … If we see, the statistics the number of vehicles increased with the increase in the population. Click on the Menu icon of the browser, it opens up a list of options. The increase and decrease of the petrol price in Chennai will now depend on the crude oil price in the international market. The highest Petrol price in Chennai in last 10 years was ₹ 87.39 per litre on 04 October 2018. Check Petrol Price Chart, Trend and Map to know more. Indian oil companies have introduced many methods to check daily petrol prices daily at morning 6 am. So India needs to import it, and for importing crude, we need to pay for it. You may avail various cashback offers by card payment or pay using cash. The situation is … You can now check the daily petrol prices in Chennai on our website. 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). Petrol price in Chennai today was increased to Rs 75.62 per litre. When this happens it leads to increase in prices of all commodities as petrol is needed for transportation. The highest Petrol price in Chennai in 2020 was ₹ 78.1 per litre on 31 December 2019. Total number of Petrol Pump In Chennai is 116. For Indian Oil- 9224992249, Bharat Petroleum-9223112222, Hindustan Petroleum-9222201122. However, the threat of a slowdown in economic activities has increased largely between then and now especially after China reduced its growth projections and increased risk of the bad Brexit deal. Petrol price in Chennai today rose to Rs 75.35 per litre despite a fall in the international prices and a stronger rupee. New Delhi/Chennai: Fuel prices touched new all-time highs today after rates were increased for the fourth time this week. The climb was curbed by the concerns of an economic slowdown around the globe. 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. However, the increase in oil outputs from the United States has helped to offset the supply cuts. From the last 10 days, petrol rates in Chennai have been moving in a very narrow band. Apart from the global rate of crude, the foreign exchange rate also impacts the price at which fuel is sold in India. Petrol price in CHENNAI today is 87.87 Rs/ltr. The prices have still been cushioning because of the concerns of a global slowdown once again. Here click on the “Settings” tab of the Notification option. Today's Petrol price in Chennai is ₹ 86.46 per litre. The lowest Petrol price in Chennai in 2020 was ₹ 71.05 per litre on 04 January 2019. Petrol Rates in Chennai today (18 January, 2021) is Rs. The highest Petrol price in Chennai was ₹ 88.8 per litre on 27 January 2021. Get the latest chennai petrol price. Petrol price in Chennai today was increased to Rs 75.43 per litre despite a fall in international crude oil rates. What was the lowest Petrol price in Chennai in 2021? To Start receiving timely alerts please follow the below steps: ₹ Today petrol price in chennai is 87.4 Rs/Ltr Today’s petrol price in chennai is Rs.87.4 per litre. International Brent crude oil futures were trading at USD 71.93 per barrel, up by 21 cents or 0.3 per cent from their last close. Hindustan Petroleum's My HPCL mobile app also provides a new section to stay updated with the fuel prices at the petrol pumps. Lowest selling price in Chennai is Rs 86.51. The Indian rupee rose for the seventh straight trading session today. The increase in the global crude oil price was bound to have an impact on the rate in Chennai. Last change in Chennai petrol price was on January 21, 2021 and it was increased by +0 rupees. 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. The rupee has also moved lower against the dollar, which has made petrol prices in Chennai more expensive than before. 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. 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. The Price revision is applicable from 6.00 AM Everyday morning. All of these oil companies are regularly adjusting diesel and petrol prices frequently or what we called on a daily basis in simple words. 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. Then, Oil Marketing Companies (OMCs) implement a certain percentage of net profit margin on a litre of petrol supplied on retail distributors. With rupee sailing strong for nearly two weeks, it is likely that the fall in petrol price in Chennai today was a result of it. It is hoped that the government can reduce excise duties, so as to enable rates to become more cheaper in the coming days. Petrol price in Chennai was however not lowered in reflection to the change in global rates. Make sure that the updated rates that each bunk will show are recorded before filling your vehicle’s fuel tank to the full. Chennai is one of the biggest metropolitan city of India. Check out last 30 days Petrol Price in Chennai The hike in petrol price in Chennai today appears to be a result of the rise in the benchmarks in the previous trading day. 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 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. 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