As of September 27, 2025, petrol and diesel prices across major Indian cities remain relatively stable, with minor fluctuations influenced by international crude oil prices, currency exchange rates, and domestic tax structures. While some cities see slight decreases, others experience no change, reflecting the complex interplay of factors that determine fuel costs in India.
Metro City Prices:
Other Major Cities:
Factors Influencing Fuel Prices:
Fuel prices in India are influenced by a combination of international crude oil prices, the rupee-to-dollar exchange rate, domestic tax structures, and transportation costs. Fluctuations in global oil prices and geopolitical events can also impact domestic fuel rates. The central and state governments levy significant taxes on petrol and diesel, contributing to the retail price.
Global Market Trends:
Recent trends in the global market indicate mixed movements in petroleum product prices. While gasoline prices may see a rollback, diesel prices are expected to rise. These expected adjustments are attributed to geopolitical risks and supply concerns. For example, US pressure on European nations to reduce reliance on Russian energy, along with tariff threats, is contributing to market volatility.
Impact of Price Changes:
Changes in diesel prices can have a cascading effect on the economy, impacting transportation costs and potentially leading to inflationary pressures. The Reserve Bank of India (RBI) may modulate interest rates to mitigate the impact of rising diesel prices.
Tracking Fuel Prices:
Consumers can track daily fuel price revisions through various methods, including SMS services and mobile apps offered by oil marketing companies like Indian Oil, Bharat Petroleum, and Hindustan Petroleum.