Petrol Price in Kerala: Dec 26 2024
The Petrol Price in Kerala today is ...
| State | Today | Yesterday | Rate Change |
|---|---|---|---|
| - - - | - - - | - - - | - - - |
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Last 10 days Petrol Rate in Kerala
| Date | petrol per Litre |
|---|
Petrol Price in All Cities of Kerala Today
| District | petrol per Litre |
|---|
State-wise Petrol Prices
Petrol Prices in Major Cities
The trend of Petrol Prices in Kerala for February 2021 (rates per litre):
|
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.
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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.
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