As of September 11, 2025, petrol and diesel prices remain a focal point for consumers and economists alike, influencing household budgets and inflation calculations. Here's a snapshot of the current fuel prices in India and related global factors:

Current Prices in Major Indian Cities

While prices remain steady compared to yesterday, there are regional variations across India.

• Delhi: Petrol is priced at Rs. 96.72 per litre and diesel at Rs. 87.62 per litre.
• Mumbai: Petrol costs Rs. 103.50 per litre, while diesel is at Rs. 90.03 per litre.
• Kolkata: Petrol is more expensive at Rs. 106.03 per litre.
• Chennai: Petrol is around Rs. 102.74 per litre and diesel at Rs. 92.34 per litre.

It's worth noting that these prices include state taxes, which contribute to the differences seen across cities.

Factors Influencing Fuel Prices in India

Several factors combine to determine the price of petrol and diesel in India. These include:

• International Crude Oil Prices: Fluctuations in the global crude oil market directly impact domestic fuel prices.
• Domestic Tax Structure: Central and state taxes, including Value Added Tax (VAT) and excise duty, constitute a significant portion of the retail price. These taxes vary across states, leading to price differences.
• Currency Exchange Rates: The exchange rate between the Indian Rupee and the US dollar plays a crucial role, as crude oil is purchased in US dollars.
• Transportation and Refinery Costs: The cost of transporting crude oil to refineries and the refining process itself add to the final price.
• Dealer's Commission: The commission earned by petrol pump dealers is also factored into the retail price.

Global Market Trends

Global events and market trends continue to exert influence.

• Crude Oil Prices: As of today, the WTI (West Texas Intermediate) crude oil index is trading around $76.48 per barrel, a slight decrease from yesterday.
• US Dollar Index: A stronger US dollar can pose challenges for crude oil trades. The US dollar index has seen a significant surge, climbing by 0.5%.
• Geopolitical Factors: Geopolitical tensions and events can lead to fluctuations in crude oil prices.

Stability in Indian Fuel Prices

Despite international market fluctuations, fuel prices in India have remained relatively stable for an extended period. Mumbai, for example, has seen no change in petrol and diesel prices for the past nine months, with rates steady since December 1, 2024.

Other News

In Malaysia, the retail price of RON97 petrol and diesel has increased by 2 sen per litre, effective from September 11 to 17, 2025. This adjustment is in response to the recent rise in global oil prices.