Petrol Rate Today

Petrol Rate Today in Coimbatore

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As on 24 Dec, 2024
₹101.38
LIVE-0.05 (-0.05%)
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Factors influencing petrol prices in Coimbatore

Petrol prices in any city or region are majorly influenced by a number of related factors. Some of  these factors  are:
Global Crude Oil Prices:The international price of crude oil is the major determinant of petrol prices in Coimbatore. India depends on imports for nearly 80% of the total consumption and thus is highly vulnerable to changes in world oil prices. Global oil prices are determined through considerations of supply and demand besides geopolitical factors and production-related decisions by oil-exporting countries. This implies that any disruption in supply chains or changes in the level of production by OPEC can alter the prices of this commodity in Coimbatore.
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Petrol rate in Coimbatore today vs yesterday (1 Litre)

StateTamil Nadu
CityCoimbatore
Petrol Price Today / 1 Litre
₹101.38
-0.05%
Petrol Price Yesterday / 1 Litre
₹101.43
0.20%

Impact of GST on petrol prices in Coimbatore

The introduction of Goods and Service Tax might bring a change in the petrol prices in Coimbatore. Since petrol is currently outside the ambit of the GST and if it gets included, then the following changes can be observed in the pricing mechanism of petrol:
Uniform Tax Structure: If petrol is brought under the ambit of GST, then there will be only one single taxation system throughout the country instead of different taxes levied by each state. This might bring down the price of petrol for common people in some states.
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Historical Petrol Rate

TermPetrol Rates (1 litre)
10 days₹101.40
20 days₹101.41
30 days₹101.39
60 days₹101.36
90 days₹101.35

Petrol Rate Analysis

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Petrol Rate (1 Litre)Petrol Price

Petrol Rates Over Last 10 Days

DatePetrol Rates (1 litre)
24 Dec 2024₹101.38
-0.05%
23 Dec 2024₹101.43
0.20%
22 Dec 2024₹101.23
-0.28%
21 Dec 2024₹101.51
0.08%
20 Dec 2024₹101.43
-0.15%
19 Dec 2024₹101.58
0.35%
18 Dec 2024₹101.23
0.00%
17 Dec 2024₹101.23
-0.28%
16 Dec 2024₹101.51
0.00%
15 Dec 2024₹101.51
0.03%

Petrol Rates in Major Cities

CityPetrol Rates (1 litre)
Bangalore₹102.92
0.00%
Bhubaneswar₹100.97
-0.14%
Chennai₹101.23
0.43%
Coimbatore₹101.38
-0.05%
Delhi₹94.77
0.00%
Hyderabad₹107.46
0.00%
Kolkata₹105.01
0.00%
Mumbai₹103.50
0.00%
Mysore₹102.46
-0.22%
Pune₹104.32
0.17%
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Petrol Rates in States

StatePetrol Rates (1 litre)
Andaman And Nicobar₹82.46
0.00%
Andhra Pradesh₹108.35
-0.09%
Arunachal Pradesh₹90.95
0.00%
Assam₹98.19
0.00%
Bihar₹105.53
0.29%
Chandigarh₹94.30
0.00%
Chhatisgarh₹100.45
0.00%
Chhattisgarh₹100.45
0.00%
Dadra And Nagar Haveli₹92.56
0.00%
Daman And Diu₹92.44
0.00%
Delhi₹94.77
0.00%
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Frequently Asked Questions

What is the petrol price in Coimbatore today?

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Petrol price in the Coimbatore today is 101.38

How often do petrol prices change in Coimbatore?

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Prices of petrol in Coimbatore are fixed by the oil marketing companies like Indian Oil, Bharat Petroleum, and Hindustan Petroleum. They change it every day at 6 am in accordance with international crude oil rates, variations in foreign exchange, and many other different taxes laid by the Central and state governments. This is known as dynamic pricing policy followed since June 2017.

How can I find the cheapest petrol station in Coimbatore?

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To locate the least expensive filling stations in the city of Coimbatore, there is PetrolPrices.com for real-time petrol prices based on location, among other fuel price comparison apps. You may also look for online price trackers on websites like CarDekho or Economic Times. Information is also shared by local supermarkets in addition to community groups on social media for the cheapest petrol options available in Coimbatore.

Are petrol prices the same across all areas in Coimbatore?

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No, petrol prices do not remain the same in all areas within Coimbatore. Transport costs and the commission of the dealer contribute to price variations between different petrol stations in the same city and thus, prices at retail vary accordingly.

Who fixes petrol prices in Coimbatore?

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Prices of petrol in the city are determined largely by oil marketing companies, i.e., Indian Oil, Bharat Petroleum, and Hindustan Petroleum. After the deregulation of fuel prices in 2010, the fuel companies update petrol price daily considering multiple factors that include the international price of crude oil, currency exchange rate, and other local taxes such as excise duty and state VAT levied by the government.

Who revises petrol rates in Coimbatore on a regular basis ?

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The prices of petrol in Coimbatore adjust each day at 6 am, governed by oil marketing companies like Indian Oil, Bharat Petroleum, and Hindustan Petroleum. They perform this adjustment based on International Crude Oil Price, Currencies Exchange Rate, and Local Taxes. The coordination further goes to the Petroleum Planning and Analysis Cell under the responsibility to ensure that the prices are relevant in regard to the current market and costs.

Is VAT included in the price of petrol in Coimbatore?

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Yes, VAT is included in the petrol prices in Coimbatore. This VAT is levied in quite substantial amounts by state governments and shows large variation across states,. For instance, Delhi charges about 19.40% VAT on petrol while Telangana charges 35.20%. This is the reason for variation in petrol prices across the country.