Petrol Prices in Chennai today December 22, 2024

Wondering about Petrol price in Chennai? Well, the Petrol price in Chennai today i.e. December 22, 2024 is Rs 100.79. The current Petrol price is now low as compared to yesterday. Do note the Petrol prices see revision each day, particularly at 6 a.m. (IST). The Petrol prices see fluctuation on an almost daily basis thanks to the dynamic fuel pricing initiated in June 2017, which was done to boost transparency and curb speculative practices.

You will be surprised to know that the price of Petrol in Chennai or anywhere in the country is affected by various factors. Internationally, these include aspects like the exchange rate of the US dollar for the rupee, international relations, war-like risks (leading to market disequilibrium), Brent crude oil prices, supply-chain concerns, etc. On the domestic front, the Petrol price in Chennai is impacted by revisions in state-wise taxes or excise duties, dealer commissions and gross refining margins.