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When was the highest petrol price in India?

Written by Liam Parker — 832 Views

When was the highest petrol price in India?

Price of a litre petrol/gasoline as on 31-May-2021

Petrol prices in India were recorded at US$ 1.33 (Rs 96.43) per litre on May 31, above the global average, as per the website. In terms of purchasing power parity (PPP), the price of a litre of petrol in India is considerably higher compared to fellow economies.

Also asked, which year has highest petrol price in India?

Petrol in the national capital now costs Rs 73.73 a litre, the highest since September 14, 2014 when rates had hit Rs 76.06. Diesel price at Rs 64.58 is the highest ever, with previous high of Rs 64.22 being on February 7, 2018.

Additionally, what was the price of petrol in 1990 in India? Historical Petrol Price per litre in India

DateDelhi
25-07-199114.62
15-10-199012.23
20-03-19909.84
01-04-19898.5

Herein, what is the highest price of petrol in India?

Petrol price on Wednesday soared to over ₹100-mark per litre in Rajasthan - the highest level India has ever seen - as fuel prices were hiked for the ninth day in a row.

What was the price of petrol in 1988?

Yes, back in 1988, you'd get a litre of petrol for just Rs 8. Meanwhile, diesel prices in Delhi stands at Rs 68.08 a litre, while the figures for Mumbai, Kolkata and Chennai are 72.48, Rs 70.63 and Rs 71.87, respectively.

Which country has cheapest petrol price?

Petrol prices in USD, EURO and INR
RankCountryGasoline/Petrol Prices per liter
USD ($)
1Venezuela0.02
2Iran0.06
3Angola0.25

Which city has lowest petrol price?

Goa has the lowest petrol price in India at ₹ 54.94 per litre.

Why is petrol cheap in Goa?

The cost of petrol here is the lowest in the country after the Manohar Parrikar-led BJp government slashed VAT to 0.1 per cent as part of its romise made in the 2012 poll manifesto. At that time, the price of petrol in Goa dropped by a huge Rs 11 per litre.

Which petrol is best in India?

Top 6 Brands of Petrol Pumps in India
  • Indian Oil. Indian Oil Corporation is the biggest oil company and also India's most profitable state-owned company.
  • Bharat Petroleum.
  • Hindustan Petroleum.
  • Reliance Petroleum.
  • Shell.
  • Essar Oil.
  • Upcoming Oil Companies and Petrol Pumps in India.
  • Rosneft.

What is current petrol price in India?

Petrol Price in India

Petrol in India is traded at Rs 90.55 per litre in New Delhi, Rs 96.95 per litre in Mumbai City, Rs 90.76 per litre in Kolkata, Rs 92.55 per litre in Chennai.

What is the price of 1 Litre petrol in USA?

Gasoline prices per liter, octane-95: We show prices for USA from 25-Jan-2021 to 03-May-2021.

USA Gasoline prices, 03-May-2021.

USA Gasoline pricesLiterGallon
USD0.8563.240
EUR0.7112.691

Why is Shell petrol so expensive in India?

Trasportation cost is higher for Shell as they import petrol & transport to their 2,000 petrol pumps scattered all around. Whereas Indian Oil itself has 10 Refineries at different corner of Country, vast Pipeline transportation network with 24,000 Petrol Pump.

Will petrol price go down in India?

Petrol price can go down to ₹75 a litre across India if brought under the ambit of the Goods and Services Tax (GST), but there is a lack of political will, which is keeping Indian oil product prices at one of the highest in the world, economists at SBI said on Thursday.

Why is Shell petrol so expensive?

Trasportation cost is higher for Shell as they import petrol & transport to their 2,000 petrol pumps scattered all around. Marketing/ Service cost might be slightly higher for Shell considering their service quality (tough to implement in PSU Companies i.e. IOC, HP etc.).

Who will decide petrol price in India?

India imports nearly 80 per cent of its crude oil requirements from abroad. Crude oil needs to be refined by refineries and Oil Marketing Companies (OMCs). In the domestic market, fuel price is partly shaped by actual supply and demand, and mostly by taxation and dealer commission.

What is petrol price in Bangladesh?

Bangladesh Gasoline prices, liter, 03-May-2021
Bangladesh Gasoline pricesLiterGallon
BDT89.000336.901
USD1.0503.975
EUR0.8723.301

What was price of petrol in 2013?

In February 2013, opposition parties, notably the Bharatiya Janata Party (BJP), took to the streets in protest as the price of petrol in the national capital spiralled to Rs 69.06. Petrol prices in the national capital have shot up to Rs 71.14. That for diesel is Rs 59.02, against Rs 48.16 in February 2013.

What was the price of petrol in 1947?

What some common goods cost at independence
Item1947(Price in Rs.)
2Petrol (per litre)0.27
3Flight (Delhi to Mumbai)140
4Cinema ticket0.30
5Milk0.12

What was the price of petrol in 2012?

Decontrolled petrol prices saw 26 revisions since 2010
MonthDelhiChennai
June 29, 201267.7872.27
June 18, 201270.2475.4
June 03, 201271.1675.4
May 24, 201273.1877.53

What was the price of petrol in 1975?

The total distance between 1975 and 1977 being 7.51 km consumes around 7.5 litre of petrol costing you ₹679! On the other hand, diesel being a cheaper alternative to petrol can cost you ₹ 607. Other fuel prices from 1975 to 1977 are also listed in our fuel comparison table.

What was the price of petrol in 1995?

in Local Currency
Fuel Price Data Observation Year1995
Fuel Price Data Observation Price0.48 USD
Fuel Price Data Observation Fuel TypeSuper Gasoline

How much was a Litre of petrol in 1990?

Petrol Prices
Petrol Prices 1983-2020
YearPrice per Litre (p)Price per Gallon (£)
199040.21.828
199139.51.796
199240.31.832

What was the petrol price in 2016 in India?

Petrol price was today hiked by a steep Rs 3.38 per litre and diesel by Rs 2.67 a litre, reversing a two-month declining trend. Petrol will cost Rs 63.47 a litre in Delhi from midnight tonight, up from Rs 60.09 a litre, said Indian Oil Corp, the nation's largest fuel retailer.

What was the price of petrol in Australia in 1980?

Prices shot to 50c per litre in the mid-1980s, beyond 70c in the 1990s and the $1 mark was breached not long after. Australia's oil tax scheme has changed since 1978, but the policy's legacy remains and $2 per litre fuel prices may not be far away.

What was the price of petrol in 1973?

The crisis in the Middle East in 1973 resulted in an oil embargo imposed by OPEC. Petrol prices soared from 30pence to 50pence a gallon (an unbelievable $5.11 a barrel!!) and just when I got my driving licence.

What was the price of a gallon of petrol in 1970?

In 1970s a gallon of petrol cost 6s 8d (33p), at the end of the decade it was just short of the pyschological £1 per gallon. Source: Petrol prices 1896 to present, published by the AA Motoring Trust. Verdict: Petrol was cheaper in the 1970s. The 746 was the telephone most people had in the 1970s.

What was the price of diesel in 2008?

YearJanFeb
20051.9592.027
20062.4672.475
20072.4852.488
20083.3083.377

What was the price of petrol in 2004?

Mumbai:
MonthDelhiMumbai
April 01, 200537.9943.23
November 15, 200437.8443.23
November 04, 20043944.49
July 31, 200436.8142.15

What was the price of diesel in 2007?

YearJanDec
20072.8033.475
20083.4232.345
20092.2972.913
20102.9973.408

What was the price of diesel in 2006?

Petrol on June 6, 2006 was priced at Rs 47.51 a litre in Delhi, diesel at Rs 32.47 and domestic LPG at Rs 294.75.

What is the price of diesel in Australia?

For comparison, the average price of diesel in the world for this period is 1.73 Australian Dollar.

Australia Diesel prices, 03-May-2021.

Australia Diesel pricesLiterGallon
AUD1.3465.095
USD1.0423.944
EUR0.8663.278

How much is the amount of Sulphur in petrol and diesel up to the year 2005?

Implementation of Fuel Sulfur Content Reductions in India
DateDieselGasoline
1999500 ppm (BS II, Delhi, limited supply)
20002,500 ppm (nationwide)
2001500 ppm (BS II, selected cities)
2005500 ppm (BS II, nationwide) 350 ppm (BS III, selected cities)500 ppm (BS II, nationwide) 150 ppm (BS III, selected cities)