Who manages bunk prices in India?

The Indian government deregulated petrol and diesel prices in June 2010 and October 2014. In India, neither the central nor state governments have direct control over fuel prices. They are now determined by the market. Today's pump prices are made up of global crude prices, transportation and refinery costs, VAT, and excise duty.

Does the US exchange rate impact fuel prices?

Crude oil is traded in US dollars around the world. As a result, fluctuations in currency exchange rates will undoubtedly affect fuel prices. For example, if the Indian rupee falls against the US dollar, the price of crude oil in India may rise.

Why do fuel prices differ within Indian states?

Petrol prices vary across Indian states due to three critical factors: tax regulations, transportation costs, and political health. Different states in India have different tax laws. Petroleum derivatives are taxed differently by the state and central governments. A state with a lower tax rate charges a lower price for diesel and petrol. Transportation costs have an impact on petrol prices. The distance travelled from refineries to dealers is increased. A shorter distance is charged a lower price than a longer distance. Another critical factor is political stability. A shift in rolling government may cause existing tax structures and subsidies to increase or decrease.

Date	Price /Ltr	Price Change
2024-08-28	₹100.98	₹0.13
2024-08-27	₹100.85	₹0.00
2024-08-26	₹100.85	₹0.10
2024-08-25	₹100.75	₹0.00
2024-08-24	₹100.75	₹0.00
2024-08-23	₹100.75	₹0.00
2024-08-22	₹100.75	-₹0.10
2024-08-21	₹100.85	₹0.00
2024-08-20	₹100.85	₹0.10
2024-08-19	₹100.75	₹0.00

	Petrol Price
1st July Rate	₹100.75
31st July Rate	₹100.75
Highest Rate in Jul, 2024	₹100.98
Lowest Rate in Jul, 2024	₹100.75
Overall Performance	No Change
% Change	0.00%

	Petrol Price
1st June Rate	₹100.86
30th June Rate	₹100.85
Highest Rate in Jun, 2024	₹100.98
Lowest Rate in Jun, 2024	₹100.75
Overall Performance	Falling
% Change	-0.01%

	Petrol Price
1st May Rate	₹100.75
31st May Rate	₹100.75
Highest Rate in May, 2024	₹100.98
Lowest Rate in May, 2024	₹100.75
Overall Performance	No Change
% Change	0.00%

	Petrol Price
1st April Rate	₹100.75
30th April Rate	₹100.75
Highest Rate in Apr, 2024	₹100.98
Lowest Rate in Apr, 2024	₹100.75
Overall Performance	No Change
% Change	0.00%

	Petrol Price
1st March Rate	₹102.63
31st March Rate	₹100.75
Highest Rate in Mar, 2024	₹102.86
Lowest Rate in Mar, 2024	₹100.75
Overall Performance	Falling
% Change	-1.83%

	Petrol Price
1st February Rate	₹102.63
29th February Rate	₹102.63
Highest Rate in Feb, 2024	₹103.07
Lowest Rate in Feb, 2024	₹102.63
Overall Performance	No Change
% Change	0.00%

	Petrol Price
1st January Rate	₹102.63
31st January Rate	₹102.63
Highest Rate in Jan, 2024	₹102.86
Lowest Rate in Jan, 2024	₹102.63
Overall Performance	No Change
% Change	0.00%

	Petrol Price
1st December Rate	₹102.63
31st December Rate	₹102.63
Highest Rate in Dec, 2023	₹102.80
Lowest Rate in Dec, 2023	₹102.63
Overall Performance	No Change
% Change	0.00%

	Petrol Price
1st November Rate	₹102.63
30th November Rate	₹102.74
Highest Rate in Nov, 2023	₹102.77
Lowest Rate in Nov, 2023	₹102.63
Overall Performance	Rising
% Change	0.11%

	Petrol Price
1st October Rate	₹102.77
31st October Rate	₹102.63
Highest Rate in Oct, 2023	₹103.07
Lowest Rate in Oct, 2023	₹102.63
Overall Performance	Falling
% Change	-0.14%

	Petrol Price
1st September Rate	₹102.63
30th September Rate	₹102.74
Highest Rate in Sep, 2023	₹103.07
Lowest Rate in Sep, 2023	₹102.63
Overall Performance	Rising
% Change	0.11%

	Petrol Price
1st August Rate	₹102.63
31st August Rate	₹102.74
Highest Rate in Aug, 2023	₹102.80
Lowest Rate in Aug, 2023	₹102.63
Overall Performance	Rising
% Change	0.11%

	Petrol Price
1st May Rate	₹102.73
31st May Rate	₹102.65
Highest Rate in May, 2023	₹102.86
Lowest Rate in May, 2023	₹102.63
Overall Performance	Falling
% Change	-0.08%

	Petrol Price
1st February Rate	₹102.63
28th February Rate	₹102.63
Highest Rate in Feb, 2023	₹102.80
Lowest Rate in Feb, 2023	₹102.63
Overall Performance	No Change
% Change	0.00%

Petrol Price Today in Chennai (Thursday, Aug 29, 2024)

petrol Price in Chennai for Last 10 Days (1 litre)

Month Wise petrol Rate Trend In Chennai

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