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Petrol Price in Karnataka

The Petrol prices in Karnataka are based on dynamic fuel pricing system and hence revised on a regular basis. The petrol rates are revised at 6 am every day. This dynamic pricing ensures that even a minute’s variation in global oil prices can be transmitted to fuel users and dealers. The final petrol rate is decided by adding payment to the refineries, excise duty, dealer commission and Value-Added Tax or VAT. After adding these, the retail selling price of petrol gets nearly doubled. Several factors determine the price of petrol – like rupee to US dollar exchange rate, cost of crude oil, global cues, demand for fuel, among others. When international crude oil prices gain, fuel price in India moves higher.

Petrol Price

Sep 20, 2021

Petrol Price in Other Cities of Karnataka

City Price Change
Bagalkot 105.33 ₹/L 0.11
Bangalore 104.70 ₹/L 0.00
Bangalore Rural 104.33 ₹/L 0.44
Belgaum 105.19 ₹/L 0.60
Bellary 105.67 ₹/L 0.93
Bidar 105.12 ₹/L 0.11
Bijapur 104.41 ₹/L 0.70
Chamrajnagar 104.72 ₹/L 0.50
Chikkaballapura 104.76 ₹/L 0.17
Chikmagalur 105.64 ₹/L 0.35
Chitradurga 106.30 ₹/L 0.20
Dakshin Kannad 103.84 ₹/L 0.81
Davangere 105.86 ₹/L 1.07
Dharwad 104.57 ₹/L 0.17
Gadag 105.00 ₹/L 0.00
Gulbarga 104.71 ₹/L 0.30
Hassan 104.69 ₹/L 0.00
Haveri 105.42 ₹/L 0.20
Kodagu 106.10 ₹/L 0.15
Kolar 104.63 ₹/L 0.13
Koppal 105.92 ₹/L 0.31
Mandya 104.65 ₹/L 0.30
Mysore 104.62 ₹/L 0.43
Raichur 105.14 ₹/L 0.15
Ramanagara 105.02 ₹/L 0.16
Shimoga 106.17 ₹/L 0.19
Tumkur 105.39 ₹/L 0.11
Udupi 104.97 ₹/L 0.80
Uttar Kannad 106.93 ₹/L 0.87
Yadgir 105.16 ₹/L 0.38

As On June 2017, Petrol Prices In India Are Revised Daily, And ThIs Is Called The Dynamic Fuel Price Method. Petrol And Diesel Rates Are Revised At 06:00 A.m. Every Day. Before This Prices Were Revised Every Fortnight. Various Factors Impact The Price Of Fuel. These Include Rupee To US Dollar Exchange Rate, Cost Of Crude Oil, Global Cues, Demand For Fuel, And So On. When International Crude Oil Prices Gain, Prices In India Move Higher. Price Of Fuel Includes Excise Duty, Value Added Tax (VAT), And Dealer Commission. VAT Varies From State To State. After Adding Excise Duty, Dealer Commission And VAT, The Retail Selling Price Of The Petrol Gets Nearly Doubled.

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