As of August 13, 2025, petrol and diesel prices across major Indian cities remain relatively stable, with minor fluctuations influenced by local factors, while global prices show a slight decrease. Several factors continue to influence fuel prices, including global crude oil prices, currency exchange rates, and government taxation policies.

India:

In India, fuel prices are revised daily at 6 a.m.. These prices are determined by market dynamics, including global crude prices, transportation and refining costs, Value Added Tax (VAT), and excise duty. While neither the central nor state governments directly control fuel prices, taxes and transportation costs contribute to price variations across states.

Here's a look at petrol prices in some major metro cities:

• Bangalore: ₹99.84 per litre
• Chandigarh: ₹94.24 per litre
• Chennai: ₹100.85 per litre
• Delhi: ₹94.72 per litre
• Kolkata: ₹103.94 per litre
• Mumbai: ₹104.21 per litre

In Hyderabad, petrol prices remain steady at ₹107.41 per litre. Similarly, Mumbai's diesel price is unchanged at ₹92.15 per litre. Goa's diesel price also remains stable at ₹87.95 per litre.

Global Market:

Globally, gasoline prices are showing a downward trend. On August 13, 2025, gasoline traded flat at $2.07 USD per gallon. Over the past month, gasoline prices have fallen by 4.16%, and they are down 10.96% compared to the same time last year.

Factors Influencing Price Fluctuations:

Several factors contribute to the fluctuations in fuel prices:

• Crude Oil Prices: Global crude oil prices play a significant role in determining fuel prices.
• Rupee to US Dollar Exchange Rate: The exchange rate between the Indian Rupee and the US dollar impacts import costs and, consequently, fuel prices.
• Geopolitical Events: Geopolitical risks, such as wars, can disrupt supply chains and cause market instability, affecting fuel prices.
• Government Policies: Taxation policies and regulations set by both central and state governments influence the final price of fuel.
• Transportation Costs: The cost of transporting crude oil and refined products from refineries to dealers also affects prices.

Regional Updates:

• Malaysia: For the week of August 7 to 13, 2025, diesel prices in Peninsular Malaysia increased by 3 sen to RM2.94 per litre. RON97 petrol remains unchanged at RM3.17 per litre, while RON95 petrol stays at RM2.05 per litre.
• Perth, Australia: Motorists in Perth were advised to fill up before August 13, 2025, as petrol prices were set to increase by 28 cents per litre, reaching an average of 188.5 cpl.
• Nigeria: The pump price of petrol is expected to drop below N900 per litre as the Dangote refinery reduces the ex-depot price from N850 to N820 per litre. The Dangote refinery will also commence the phased deployment of 4,000 Compressed Natural Gas (CNG)-powered trucks for fuel distribution across Nigeria from August 15.

Future Outlook:

Experts expect gasoline to trade at $2.10 USD/GAL by the end of the current quarter and $2.19 in 12 months. In India, the government's efforts to balance fuel pricing with economic factors will likely continue to influence prices.