Today's Diesel Prices In Shimoga, Karnataka - July 24, 2024

As of today, the price of diesel in Shimoga, Karnataka is ₹90.25 per liter. This reflects a no change from yesterday's price. In comparison to June's average of ₹88.45, diesel prices haven't shown significant change. However, over the past 10 days, prices have fluctuated between ₹89.61 and ₹90.57 per liter, providing valuable insights for planning your fuel needs.

Looking for historical trends? Explore our resources to easily track daily, weekly, and monthly diesel price movements in Shimoga, Karnataka. Diesel prices typically revise at 6:00 AM daily across India.

Understanding Diesel Price Fluctuations in Karnataka

The price you pay for diesel in Shimoga, Karnataka is impacted by several factors, including:

  • Global Crude Oil Prices: Since India imports a significant amount of crude oil, global prices significantly influence domestic diesel rates.
  • Exchange Rate: Diesel is traded in US dollars, so fluctuations in the Indian Rupee-USD exchange rate directly affect the final price you pay.
  • Taxes: Central and state government taxes, including excise duty and value-added tax (VAT), play a major role in determining the final diesel price.

  • Fueling Up in Shimoga, Karnataka: Popular fuel companies like Indian Oil, Bharat Petroleum, Hindustan Petroleum (HP), and Reliance operate a vast network of fuel stations across the state, making it convenient to find a station near you.

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    Diesel Price In Shimoga
    (Jul 24, 2024)

    List of 10 Days Diesel Price In Shimoga

    DATE DIESEL PRICE CHANGE
    24-07-2024 90.25₹/L 0.00
    23-07-2024 90.25₹/L -0.32
    22-07-2024 90.57₹/L +0.96
    21-07-2024 89.61₹/L -0.01
    20-07-2024 89.62₹/L -0.63
    19-07-2024 90.25₹/L -0.01
    18-07-2024 90.26₹/L +0.62
    17-07-2024 89.64₹/L 0.00
    16-07-2024 89.64₹/L -0.61
    15-07-2024 90.25₹/L 0.00

    Shimoga Diesel Prices: 10-Day Trend

    Last Six Month Trends

    City-wise List For Diesel Price

    CITY DIESEL PRICE CHANGE
    Bagalkot 89.66 ₹/L +0.17
    Bangalore 88.94 ₹/L 0.00
    Bangalore Rural 89.01 ₹/L 0.00
    Belgaum 89.16 ₹/L +0.16
    Bellary 90.69 ₹/L -0.11
    Bidar 89.29 ₹/L -0.22
    Bijapur 89.13 ₹/L 0.00
    Chamrajnagar 89.10 ₹/L +0.03
    Chikkaballapura 88.94 ₹/L -0.42
    Chikmagalur 89.36 ₹/L -1.07
    Chitradurga 91.31 ₹/L +1.57
    Dakshina Kannada 88.15 ₹/L 0.00
    Davangere 90.42 ₹/L -0.35
    Dharwad 88.76 ₹/L 0.00
    Gadag 89.26 ₹/L 0.00
    Gulbarga 88.76 ₹/L -0.27
    Hassan 89.18 ₹/L +0.21
    Haveri 89.82 ₹/L +0.41
    Kodagu 90.22 ₹/L +0.17
    Kolar 88.82 ₹/L +0.16
    Koppal 90.00 ₹/L -0.08
    Mandya 88.63 ₹/L -0.17
    Mangalore 91.31 ₹/L +1.57
    Mysore 88.53 ₹/L 0.00
    Raichur 88.89 ₹/L -0.42
    Ramanagara 89.14 ₹/L -0.24
    Shimoga 90.25 ₹/L 0.00
    Tumkur 89.43 ₹/L +0.31
    Udupi 88.44 ₹/L -0.24
    Uttara Kannada 89.43 ₹/L +0.12
    Vijayanagara 89.85 ₹/L -0.38
    Yadgir 89.43 ₹/L 0.00
    View All Karnataka Cities Diesel Prices

    State-wise List For Diesel Price

    STATE DIESEL PRICE CHANGE
    Andaman and Nicobar Islands 78.01₹/L 0.00
    Andhra Pradesh 97.29₹/L -0.10
    Arunachal Pradesh 82.55₹/L -0.04
    Assam 90.12₹/L -0.02
    Bihar 92.98₹/L -0.04
    Chandigarh 82.40₹/L 0.00
    Chhattisgarh 94.55₹/L -0.02
    Dadra and Nagar Haveli 88.18₹/L 0.00
    Daman and Diu 88.18₹/L 0.00
    Delhi 87.62₹/L 0.00
    Goa 88.23₹/L -0.27
    Gujarat 90.63₹/L +0.15
    Haryana 88.14₹/L -0.03
    Himachal Pradesh 86.83₹/L -0.01
    Jammu and Kashmir 83.58₹/L 0.00
    Jharkhand 93.29₹/L -0.08
    Karnataka 89.35₹/L -0.03
    Kerala 95.18₹/L -0.12
    Madhya Pradesh 92.79₹/L +0.06
    Maharashtra 91.31₹/L +0.05
    Manipur 85.70₹/L -0.03
    Meghalaya 86.76₹/L -0.02
    Mizoram 81.34₹/L 0.00
    Nagaland 89.36₹/L 0.00
    Odisha 94.06₹/L -0.04
    Pondicherry 83.83₹/L -0.01
    Punjab 86.80₹/L 0.00
    Rajasthan 91.02₹/L +0.03
    Sikkim 87.80₹/L 0.00
    Tamil Nadu 93.42₹/L +0.09
    Telangana 96.21₹/L -0.05
    Tripura 86.28₹/L 0.00
    Uttar Pradesh 88.15₹/L -0.01
    Uttarakhand 88.95₹/L 0.00
    West Bengal 92.05₹/L -0.10
    View All States Diesel Prices

    Frequently Asked Questions (FAQs)

    Fuel prices can vary from city to city due to several factors:

    • Supply and Demand: The basic principle of supply and demand plays a significant role. Cities with higher demand for fuel or limited supply may experience higher prices.
    • Taxes and Regulations: Different cities, states, or countries have varying tax rates and regulations on fuel. These can include excise taxes, sales taxes, and environmental regulations that affect prices.
    • Transportation Costs: The cost of transporting fuel from refineries to distribution points and, ultimately, to gas stations can vary depending on the distance and logistics. Remote cities or those far from supply sources may have higher prices due to increased transportation costs.
    • Local Competition: The level of competition among gas stations in a particular city can impact pricing. More competition often results in lower prices, while limited competition can lead to higher prices.
    • Exchange Rates: If a city is in a country with a different currency or has economic instability, exchange rates can affect the cost of imported fuel.
    • Seasonal and Weather Effects: Seasonal variations, extreme weather conditions, and natural disasters can disrupt the supply chain and lead to temporary price fluctuations.
    • Political Factors: Political stability and policies can influence fuel prices. Sudden political changes, conflicts, or government decisions regarding subsidies or pricing controls can impact costs.
    • Global Oil Market: Since oil is traded internationally, global market conditions and events, such as changes in oil production, geopolitical conflicts, and economic trends, can ripple through to local prices.
    • Consumer Behavior: The driving habits and preferences of consumers in a city can also influence prices. If people in a city predominantly use more fuel-efficient vehicles or opt for alternative transportation, it can affect demand and pricing.
    • Environmental Factors: Some cities may have stricter environmental regulations that require cleaner, more expensive fuel blends, which can result in higher prices.

    These factors can interact in complex ways, leading to variations in fuel prices from one city to another. It's important to keep in mind that prices can change rapidly due to market dynamics and local conditions, so what you pay for fuel today might not be the same as what you'll pay tomorrow.

    For those primarily engaged in city driving, petrol-fueled cars prove to be the better choice. On the other hand, when one regularly undertakes long-distance journeys, diesel fuel emerges as the more efficient option, resulting in cost savings.

    Fuel price increases impact a wide range of individuals and sectors within a state or city. The extent of the impact can vary based on the economic structure, the level of dependency on fuel, and the overall mobility patterns in the area. Here’s a detailed look at who is affected and how: 

    1. Consumers/Individuals

    Daily Commuters: Higher fuel prices directly affect individuals who rely on personal vehicles for commuting, increasing their daily travel expenses.

    Public Transport Users: Indirectly affected if public transport operators raise fares to cover increased fuel costs.

    Low-Income Households: More significantly impacted as a larger proportion of their income goes towards transportation and energy costs.

    2. Businesses

    Logistics and Transport Companies: Face increased operating costs as fuel is a major expense for freight, delivery services, and transportation providers.

    Small and Medium Enterprises (SMEs): Higher transportation and distribution costs can reduce profit margins and increase prices for goods and services.

    Agricultural Sector: Increased costs for operating machinery, transporting produce, and accessing markets can squeeze profit margins for farmers.

    3. Industries

    Manufacturing: Elevated fuel prices increase the cost of transporting raw materials and finished goods, impacting the overall cost structure.

    Retail: Retailers may face higher costs in stocking goods, which can lead to increased prices for consumers.

    Construction: Higher fuel costs for operating heavy machinery and transporting materials can raise the overall cost of construction projects.

    4. Public Services

    Public Transportation Systems: May face increased operational costs, potentially leading to higher fares or reduced services.

    Emergency Services: Police, fire, and ambulance services may experience higher operational costs, affecting budgets and resource allocation.

    5. Government and Local Authorities

    Budget Allocation: Governments may need to reallocate budgets to manage increased fuel costs for public services and infrastructure projects.

    Subsidy Burden: If the government provides fuel subsidies, higher prices can strain public finances, affecting other areas of spending.

    6. Inflation and Economy

    Inflationary Pressure: Increased fuel costs can lead to higher prices for goods and services across the board, contributing to overall inflation.

    Economic Growth: Higher operational costs for businesses and reduced disposable income for consumers can slow economic growth.

    7. Environmental Impact

    Shift in Transportation Choices: Persistent high fuel prices might push individuals and businesses to seek alternative, more fuel-efficient modes of transport or invest in renewable energy sources.

    8. Specific Groups

    Taxi and Auto-Rickshaw Drivers: Directly impacted by increased fuel costs, often leading to higher fares or reduced earnings if fares are not adjusted.

    Gig Economy Workers: Delivery drivers and other gig workers who depend on personal vehicles face increased operational costs, impacting their net earnings.

    Tourism Industry: Higher fuel costs can increase travel expenses, potentially reducing tourism if higher costs are passed on to tourists.

    Conclusion

    The impact of fuel price increases is widespread, affecting almost every sector of the economy and various aspects of daily life. While consumers face higher travel costs, businesses experience increased operating expenses, which can lead to higher prices for goods and services. Governments may need to adjust budgets and policies to manage the economic implications. The overall economic activity may slow down due to reduced disposable income and higher production costs, leading to inflationary pressures.