As of September 6, 2025, petrol and diesel prices continue to fluctuate across Indian cities, influenced by a combination of global crude oil prices, geopolitical events, and domestic tax regulations. Consumers are advised to check the rates in their specific city for the most accurate information.

Current Prices in Major Cities

• Chennai: Petrol is retailing at ₹100.82 per liter, a slight decrease of ₹0.08 from the previous day.
• Mumbai: The petrol price in Mumbai is ₹103.4 per liter, while diesel stands at ₹90.03 per liter. The diesel price remained unchanged from yesterday.
• Delhi: Petrol is priced at ₹94.72 per liter.
• Kolkata: Petrol prices are at ₹104.95 per liter.
• Bangalore: Petrol costs ₹102.86 per liter.
• Chandigarh: Petrol is stable at ₹94.30 per liter.
• Tripura: Diesel is retailing at Rs 86.32 per liter.

It's important to note that these prices are subject to change daily at 6 AM, influenced by factors such as Brent crude oil prices, the rupee-to-USD exchange rate, and changes in central excise duty and state VAT.

Factors Influencing Fuel Prices

Several factors contribute to the variations in petrol and diesel prices across different states in India:

• Tax Regulations: Different states have varying tax laws on petroleum products, leading to price differences. States with lower tax rates generally offer cheaper fuel.
• Transportation Costs: The distance between refineries and dealers impacts the final price. Longer distances incur higher transportation costs, which are passed on to consumers.
• Global Crude Oil Prices: Fluctuations in the international crude oil market directly affect domestic fuel prices.
• Geopolitical Risks: Events like wars and tensions in oil-producing regions can disrupt supply and push prices upward.
• Rupee-to-Dollar Exchange Rate: A weaker rupee can make crude oil imports more expensive, leading to higher fuel prices.

Global Market Trends

Globally, oil prices are being affected by several factors. The Russia-Ukraine war continues to contribute to supply concerns, and new sanctions on Iran's oil revenue stream are adding to the upward pressure. However, expectations that OPEC+ might increase production targets in October could limit further price increases.

Impact on Consumers and Economy

Rising fuel prices have a cascading effect on the economy. Increased transportation costs, driven by higher diesel prices, can lead to inflationary pressures, affecting the prices of essential commodities. To mitigate these effects, the Reserve Bank of India (RBI) may adjust interest rates, which in turn can impact borrowing costs.

Future Expectations

Analysts predict a potential upward trend in fuel prices in the coming weeks, influenced by rising international oil prices and geopolitical instability. Consumers should stay informed about these developments to manage their budgets effectively.