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Petrol Price in Bangalore, Karnataka

Today, on March 29th, 2024, the price of petrol in Bangalore, Karnataka is ₹101.94 per liter. Just like in other cities, petrol price in Bangalore also undergoes daily revision based on international crude oil prices, exchange rates and taxes levied by the central and state governments.

The central government in India levies an excise duty on petrol, while the state government levies a value-added tax (VAT). These taxes are a significant factor in determining the price of petrol in Bangalore and other cities in India.

International crude oil price and prevailing exchange rate for the US dollar are the other two major factors influencing the price of petrol in Bangalore. India imports a significant amount of its crude oil from other countries. Thus, the price of petrol and USD-to-INR exchange rate greatly depend on the supply and demand for each of these two assets, international trades, geopolitical tensions and rate of production by the OPEC and OPEC+.

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Petrol Price in Bangalore
(Mar 29, 2024)

List of 10 Days Petrol Price In Bangalore

DATE PETROL PRICE CHANGE
February 21, 2024 101.94₹/L 0.00
February 20, 2024 101.94₹/L 0.00
February 19, 2024 101.94₹/L 0.00
February 18, 2024 101.94₹/L 0.00
February 17, 2024 101.94₹/L 0.00
February 16, 2024 101.94₹/L 0.00
February 15, 2024 101.94₹/L 0.00
February 14, 2024 101.94₹/L 0.00
February 13, 2024 101.94₹/L 0.00
February 12, 2024 101.94₹/L 0.00

Petrol Price Graph - Last 10 Days of Bangalore

Last Six Month Trends

City-wise List For Petrol Price

CITY PETROL PRICE CHANGE
Bagalkot 102.60₹/L +0.33
Bangalore 101.94₹/L 0.00
Bangalore Rural 102.16₹/L +0.09
Belgaum 102.59₹/L +0.83
Bellary 103.90₹/L +0.29
Bidar 102.28₹/L 0.00
Bijapur 101.93₹/L +0.21
Chamrajnagar 101.73₹/L -0.37
Chikkaballapura 101.94₹/L 0.00
Chikmagalur 104.24₹/L +1.58
Chitradurga 103.52₹/L -0.38
Dakshin Kannad 101.77₹/L +0.02
Dakshina Kannada 101.77₹/L +0.02
Davangere 103.63₹/L -0.10
Dharwad 101.70₹/L -0.01
Gadag 102.19₹/L -0.19
Gulbarga 102.42₹/L +0.71
Hassan 102.07₹/L -0.19
Haveri 102.77₹/L +0.39
Kodagu 103.07₹/L -0.40
Kolar 102.31₹/L +0.50
Koppal 102.86₹/L -0.19
Mandya 101.90₹/L -0.07
Mangalore 101.11₹/L 0.00
Mysore 101.50₹/L 0.00
Raichur 102.83₹/L +0.99
Ramanagara 102.05₹/L -0.35
Shimoga 103.93₹/L +0.35
Tumkur 103.41₹/L +0.81
Udupi 101.39₹/L +0.01
Uttar Kannad 102.94₹/L -0.06
Uttara Kannada 102.94₹/L -0.06
Vijayanagara 104.29₹/L +0.95
Yadgir 102.76₹/L +0.33
View All Karnataka Cities Petrol Prices

State-wise List For Petrol Price

STATE PETROL PRICE CHANGE
Andaman and Nicobar Islands 84.10₹/L 0.00
Andhra Pradesh 111.65₹/L +0.10
Arunachal Pradesh 96.52₹/L +1.13
Assam 99.49₹/L +1.13
Bihar 107.81₹/L -1.35
Chandigarh 96.20₹/L 0.00
Chhattisgarh 103.62₹/L +0.04
Dadra and Nagar Haveli 94.43₹/L 0.00
Daman and Diu 94.31₹/L -0.95
Delhi 96.72₹/L 0.00
Goa 97.11₹/L -0.24
Gujarat 96.40₹/L -0.51
Haryana 97.32₹/L -0.13
Himachal Pradesh 95.01₹/L -0.87
Jammu & Kashmir 101.76₹/L +3.40
Jharkhand 101.13₹/L +0.90
Karnataka 102.76₹/L +0.16
Kerala 107.88₹/L -1.49
Madhya Pradesh 109.95₹/L 0.00
Maharashtra 107.76₹/L +0.84
Manipur 101.25₹/L -0.46
Meghalaya 96.62₹/L -1.08
Mizoram 96.39₹/L -1.18
Nagaland 100.68₹/L +2.40
Odisha 104.53₹/L +0.92
Pondicherry 93.80₹/L -3.02
Punjab 98.67₹/L -0.07
Rajasthan 109.46₹/L +0.48
Sikkim 102.70₹/L 0.00
Tamil Nadu 103.63₹/L +0.05
Telangana 109.73₹/L -2.17
Tripura 99.53₹/L 0.00
Uttar Pradesh 96.42₹/L -0.57
Uttarakhand 95.43₹/L -0.43
West Bengal 107.26₹/L +0.81
View All States Petrol Prices

Frequently Asked Questions (FAQs)

Fuel prices can vary from city to city due to several factors:

  • Supply and Demand: The basic principle of supply and demand plays a significant role. Cities with higher demand for fuel or limited supply may experience higher prices.
  • Taxes and Regulations: Different cities, states, or countries have varying tax rates and regulations on fuel. These can include excise taxes, sales taxes, and environmental regulations that affect prices.
  • Transportation Costs: The cost of transporting fuel from refineries to distribution points and, ultimately, to gas stations can vary depending on the distance and logistics. Remote cities or those far from supply sources may have higher prices due to increased transportation costs.
  • Local Competition: The level of competition among gas stations in a particular city can impact pricing. More competition often results in lower prices, while limited competition can lead to higher prices.
  • Exchange Rates: If a city is in a country with a different currency or has economic instability, exchange rates can affect the cost of imported fuel.
  • Seasonal and Weather Effects: Seasonal variations, extreme weather conditions, and natural disasters can disrupt the supply chain and lead to temporary price fluctuations.
  • Political Factors: Political stability and policies can influence fuel prices. Sudden political changes, conflicts, or government decisions regarding subsidies or pricing controls can impact costs.
  • Global Oil Market: Since oil is traded internationally, global market conditions and events, such as changes in oil production, geopolitical conflicts, and economic trends, can ripple through to local prices.
  • Consumer Behavior: The driving habits and preferences of consumers in a city can also influence prices. If people in a city predominantly use more fuel-efficient vehicles or opt for alternative transportation, it can affect demand and pricing.
  • Environmental Factors: Some cities may have stricter environmental regulations that require cleaner, more expensive fuel blends, which can result in higher prices.

These factors can interact in complex ways, leading to variations in fuel prices from one city to another. It's important to keep in mind that prices can change rapidly due to market dynamics and local conditions, so what you pay for fuel today might not be the same as what you'll pay tomorrow.

For those primarily engaged in city driving, petrol-fueled cars prove to be the better choice. On the other hand, when one regularly undertakes long-distance journeys, diesel fuel emerges as the more efficient option, resulting in cost savings.


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