Fuel prices in India have seen a notable shift today, November 18, 2025, bringing some financial relief to consumers across various cities. Both petrol and diesel rates have been reduced by approximately ₹7 per liter in many major cities.
Impact on Consumers
This decrease in fuel prices is expected to positively impact daily commuters, transporters, and businesses that heavily rely on fuel. Citizens are keenly observing the latest rates in their respective areas, as understanding local fuel prices becomes increasingly essential for efficient budget planning and travel.
City-Wise Petrol Rates
Petrol prices typically vary across Indian cities due to differences in local taxes and transportation costs. Following the recent ₹7 reduction, the approximate petrol rates in major cities are:
- Mumbai: ₹129 per liter
- Delhi: ₹122 per liter
- Kolkata: Similar reductions are expected, offering financial relief to residents.
- Chennai: Residents can also expect to see similar reductions.
Tracking these rates will enable consumers to save significantly on daily travel and fuel expenses while staying informed about nationwide fuel changes.
Diesel Price Update
Diesel prices have also experienced a substantial drop of ₹7 per liter, which is set to impact the transport and logistics sectors positively. The revised diesel prices in major cities are approximately:
- Mumbai: ₹114 per liter
- Delhi: ₹113 per liter
Lower diesel costs are expected to directly benefit goods transportation, taxi services, and farmers who use diesel-powered vehicles. This reduction is a welcome development for those who depend heavily on diesel for their daily work or travel needs.
Regional Price Variations
It's important to note that fuel price changes are not uniform across the country. City-wise differences exist due to varying state taxes and levies. For instance, Mumbai and Chennai often have higher rates compared to Delhi or Bangalore.
Global Context and Factors Influencing Price
While local taxes play a significant role, global factors also influence domestic fuel prices. Sanctions on Russia and refinery maintenance shutdowns have contributed to supply concerns, impacting prices. However, resumption of production in key export hubs and increased U.S. crude oil inventories could potentially ease the upward pressure on prices.
Broader Economic Impact
Lower fuel costs can positively impact the broader economy by reducing transportation and logistics expenses. Regular monitoring of fuel prices remains crucial for both personal and professional financial planning.
Other Regions
In the Philippines, gasoline and diesel prices have climbed by P1.20 per liter today, marking the fourth consecutive week of increases. Kerosene prices remain unchanged due to a price freeze in areas under a state of calamity.
