Petrol Price in Cuddalore

The petrol rate in Cuddalore has shown minor fluctuations over the past 10 days, mostly influenced by international crude oil price variations and tax changes.

Tracking these changes helps consumers make informed refuelling decisions.

Several factors influence petrol prices in Cuddalore:

• Rupee–Dollar Exchange Rate: A weaker rupee raises import costs for crude oil, increasing prices.

• Taxation: Central excise duty and Tamil Nadu state VAT make up a significant part of the final price.

• Global Crude Oil Prices: International market fluctuations directly impact retail petrol prices.

• Local Demand: Seasonal and festive travel demand affect short-term price changes.

• Freight and Distribution Costs: Transportation costs from refineries to local stations add to pricing.

• Dealer Commissions: Retailers add a margin to cover operational costs.

Prices are revised daily at 6 AM as part of the national dynamic pricing model. Major oil companies like Indian Oil, Bharat Petroleum, and Hindustan Petroleum implement these changes simultaneously across all fuel stations.

Consumers can check updated prices via official apps, SMS alerts, or company websites.

Fuel costs influence household and business budgets:

• Households face higher commuting expenses when petrol prices rise.

• Businesses see increased logistics costs, which may affect service prices.

• Overall economy may experience inflationary pressure reducing residents’ purchasing power.

Monitoring prices helps individuals adjust their budgets and travel plans effectively.

Adopting these habits can reduce fuel expenses:

• Maintain vehicle health with regular servicing.

• Drive smoothly without sudden acceleration or braking.

• Keep tyres properly inflated.

• Switch off the engine when stationary for extended periods.

• Use public transport for short trips.

• Consider fuel credit cards offering cashback or discounts.