As of September 16, 2025, fuel prices are seeing adjustments across different regions, influenced by a mix of global market dynamics, currency fluctuations, and government policies. Here's a snapshot of the latest updates:

India: Petrol and diesel prices remain largely unchanged in major Indian cities. In Delhi, petrol is priced at ₹94.72 per liter and diesel at ₹87.62 per liter. Mumbai has higher rates, with petrol at ₹104.21 per liter and diesel at ₹92.15 per liter. Chennai's petrol price is ₹100.75 per liter, while Hyderabad tops the charts at ₹107.46 per liter. These variations are primarily due to differing state taxes.

Pakistan: Petrol prices remain unchanged at Rs 264.61 per liter. However, the price of high-speed diesel has increased by Rs 2.78 per liter, bringing the new price to Rs 272.77. Kerosene may witness a price hike of Rs 3.06 per liter, potentially reaching Rs 179.87. Light diesel oil (LDO) might increase by Rs 3.68 per liter, reaching Rs 163.44. These revisions are based on recommendations from the Oil and Gas Regulatory Authority (OGRA) and relevant ministries. The increase in diesel prices is expected to have a significant inflationary impact, given its use in transport and agriculture.

Ghana: The Chamber of Petroleum Consumers (COPEC) projects a rise in fuel prices. Petrol prices are expected to increase by 3.98%, with the average price reaching GHS 13.61 per liter. Diesel is projected to increase by 9.41%, reaching GHS 14.08 per liter. LPG is also expected to rise by 7.65%, selling at GHS 12.52 per kilogram. These increases are largely attributed to the depreciation of the Ghana cedi against the US dollar.

Global Market Influences: Rising global oil prices and geopolitical tensions are contributing to the upward pressure on fuel prices. In Pakistan, the oil industry had anticipated a larger increase in diesel prices (up to Rs 4.79 per liter) and a decrease in petrol prices (Rs 1.61 per liter), but these estimates did not account for foreign exchange losses. These losses are typically absorbed by oil marketing companies and passed on to consumers through price revisions.

Additional Factors: Several factors influence the prices of petrol and diesel, including the cost of crude oil, global cues, fuel demand, and the rupee-dollar exchange rate. Domestic conditions such as changes in central excise duty and state VAT, as well as dealer margins, also play a significant role. Geopolitical risks, like wars and catastrophic events, can disrupt market equilibrium and impact fuel prices.

Impact on Consumers: Rising fuel prices can have a cascading effect on the economy. Increased diesel costs, in particular, can lead to higher transportation costs, which in turn increase commodity prices. This can lead to inflationary pressures, affecting household budgets and potentially prompting central banks to adjust interest rates.