Kumari Palany & Co

Trend of petrol & diesel prices in Chennai!

Posted on: 20/Oct/2014 3:01:39 PM

Thanks to continuously falling price of crude oil prices in the International Market, there has been a beneficial echo in the reflection of price of petrol and diesel over the last few weeks.

The trend is interesting to note. Let us take a small table of petrol price starting from April with 2 checks every month,

Price on 2 different days in a monthPetrol price in Rupees per litre
April 1, 201475.49
April 16, 201474.60
June 7, 2014 74.71
June 25, 201474.76
July 1, 2014 76.93
August 1, 201475.78
August 15, 2014 73.47
August 31, 201471.55
October 1, 201470.87
October 15, 201469.59

The table indicates quite clearly the trend of the falling prices following the effect of fall in the crude oil prices in the international market. There has been a gradual drop of petrol price from Rs. 75.49 per litre in April to Rs. 69.59 per litre in October.