Here's the latest on petrol and diesel prices across major Indian cities as of November 10, 2025. Fuel prices are dynamic and influenced by a complex interplay of factors, including international crude oil prices, the rupee-to-US dollar exchange rate, domestic tax structures, and overall demand.

Metro City Rates:

• Delhi: Petrol is retailing at ₹96.72 per liter.
• Mumbai: Petrol prices are at ₹106.31 per liter, while diesel costs ₹92.15 per liter. The price of diesel in Mumbai has increased since November 1st, 2025, when it was ₹88.60 per liter.
• Kolkata: Petrol prices are stable at ₹106.03 per liter.
• Chennai: Petrol will cost you ₹102.74 per liter.

Other Key Cities:

• Bangalore: Petrol is priced at ₹102.86 per liter.
• Hyderabad: The highest petrol price among major cities is in Hyderabad, at ₹107.46 per liter.
• Chandigarh: The lowest petrol price among major cities is in Chandigarh, at ₹94.30 per liter. The price of petrol in Chandigarh has decreased since November 1st, 2025, when it was ₹97.70 per liter.
• Lucknow: Diesel is retailing at ₹87.80 per liter, which is unchanged from yesterday.

Factors Influencing Price:

Several factors affect these prices. Fluctuations in the international crude oil market have a direct impact, as India imports a significant portion of its crude oil. The exchange rate between the rupee and the US dollar also plays a crucial role, as a weaker rupee makes crude oil imports more expensive.

Domestic taxes, including excise duty and Value Added Tax (VAT), also contribute to the final price consumers pay. These taxes vary from state to state, leading to price differences across the country. Dealer commissions are also factored into the price.

Dynamic Pricing:

India follows a dynamic fuel pricing mechanism, where prices are revised daily at 6 AM based on market conditions. This system aims to improve transparency and curb speculative practices.

Impact of Rising Prices:

Rising fuel prices can have a cascading effect on the economy. Increased transportation costs, driven by higher diesel prices, can lead to inflationary pressure on commodity prices. This, in turn, can prompt the Reserve Bank of India (RBI) to adjust interest rates to manage inflation, potentially increasing borrowing costs.

Global Context:

Compared to some neighboring countries, petrol prices in India are relatively higher, mainly due to higher taxes. These taxes contribute significantly to government revenue but also add to the burden on consumers.