Diesel Price in Kozhikode

The diesel prices in Kozhikode are subject to frequent fluctuations influenced by various factors, including global crude oil prices, local taxes, and market conditions. Being a key economic hub in Kerala, the demand for diesel is significant, particularly in transportation and commercial sectors. Understanding these prices helps consumers and businesses plan their budgets more effectively, especially given the vital role diesel plays in daily operations.

• Geopolitical events
• Taxes (VAT, Excise Duty, etc.)
• Natural disasters
• Supply and demandGovernment subsidies
• Global crude oil prices
• Dealer commissions Currency exchange rate

The following table highlights the current difference between diesel and petrol rates in Kozhikode.

• Processing Costs by Oil Marketing Companies (OMCs): Costs incurred by OMCs in refining and distributing diesel also play a crucial role in determining retail prices.
• Global Crude Oil Prices: The international oil market significantly impacts local diesel prices, as fluctuations in crude oil costs are reflected in the retail price.
• Dealer Commissions: The commissions that dealers receive can vary, affecting the final price consumers pay for diesel in Kozhikode.
• Excise Duty and Road Cess: Central and state governments impose excise duties and road cess, which contribute to the overall price of diesel.
• Buffer for Inflation: Inflation can lead to increased costs in various sectors, which can indirectly affect diesel pricing.
• Value Added Tax (VAT) or Sales Tax: The state government levies VAT on diesel, impacting the final cost at the pump in Kozhikode

The latest diesel rates in Kozhikode are provided in the table below.