Petrol and Diesel Prices in Chennai on February 16, 2025
As of February 16, 2025, fuel prices in Chennai have remained stable. The current rates are as follows:
- Petrol: โน100.80 per litre
- Diesel: โน92.39 per litre
These prices have been consistent over the past week, reflecting a period of stability in the local fuel market.
Factors Influencing Fuel Prices
Fuel prices in India are subject to daily revisions, primarily influenced by two key factors:
-
International Crude Oil Prices: Fluctuations in global crude oil markets directly impact domestic fuel costs. Changes in supply and demand dynamics, geopolitical tensions, and production adjustments by major oil-producing nations can cause variations in crude oil prices.
-
Exchange Rate of the Indian Rupee Against the US Dollar: Since crude oil transactions are typically conducted in US dollars, the strength or weakness of the Indian rupee against the dollar affects the landing cost of crude oil. A depreciating rupee can make imports more expensive, leading to higher fuel prices domestically.
Comparison with Nearby Cities
Fuel prices can vary between different cities due to state and local taxes, transportation costs, and other regional factors. Hereโs a comparison of petrol and diesel prices in Chennai and its neighboring cities:
| City | Petrol (โน/L) | Diesel (โน/L) |
|---|---|---|
| Chennai | 100.80 | 92.39 |
| Tiruvallur | 101.17 | 92.75 |
| Chengalpattu | 100.99 | 92.57 |
| Kanchipuram | 101.05 | 92.63 |
| Ranipet | 101.78 | 93.34 |
| Vellore | 102.16 | 93.71 |
