Fuel prices in India remain dynamic, influenced by a combination of international crude oil prices, currency exchange rates, and state-level taxes. Here's a breakdown of the current petrol and diesel rates across major cities as of December 15, 2025.

Metropolitan Cities:

• Delhi: Petrol is priced at ₹94.72 per litre and diesel at ₹87.67 per litre.
• Mumbai: Petrol costs ₹103.54 per litre, while diesel is selling at ₹90.03 per litre.
• Chennai: Petrol is retailing at ₹101.03 per litre, and diesel at ₹92.61 per litre.
• Kolkata: Petrol is priced at ₹105.41 per litre, with diesel at ₹92.02 per litre.
• Hyderabad: Petrol is the highest among the metros at ₹107.46 per litre and diesel at ₹95.7 per litre.
• Bangalore: Petrol is at ₹102.92 per litre and diesel at ₹90.99 per litre.

Factors Influencing Price Variations:

The variation in prices across cities is primarily due to the inclusion of factors such as Value Added Tax (VAT), freight charges, and other local levies imposed by state governments. These taxes and charges differ from state to state, leading to inconsistencies in the final price consumers pay at the pump.

Global Market Impact:

It's important to note that international commodity markets also play a crucial role in determining domestic fuel prices. India imports a significant portion of its crude oil, making it susceptible to fluctuations in the global crude oil market. As of today, the MCX Crude oil Futures are trading higher. The WTI crude index is also trading higher.

Daily Price Revisions:

Since June 2017, fuel prices in India have been revised daily at 6 a.m.. This system allows for the swift reflection of changes in international crude oil prices and currency exchange rates, ensuring that consumers benefit from price drops and also bear the brunt of price increases. These revisions are undertaken by the country's leading oil marketing companies (OMCs).

Stability through Taxation:

The central government's stable taxation policies have played a crucial role in maintaining price stability in recent times. By keeping tax rates consistent, the government aims to cushion the impact of volatile global crude oil prices on domestic consumers.

Future Demand:

India is currently one of the largest passenger vehicle markets in the world. With rising national income and an improving standard of living, demand for vehicles and fuel is expected to increase significantly in the coming years.

Impact of COVID-19:

The COVID-19 pandemic caused a steep fall in demand, but demand has been recovering gradually. However, demand has not yet regained pre-pandemic levels.

Consumers are advised to check with local fuel retailers for the most up-to-date prices, as these are subject to change based on various market factors.