Fuel prices remain a significant factor influencing household budgets and overall economic stability in India. Here's a look at the latest petrol and diesel prices across major cities as of October 9, 2025.
Current Fuel Prices in Major Cities
As of today, October 9, 2025, petrol prices in major Indian cities are as follows:
- New Delhi: ₹94.77 per liter
- Kolkata: ₹105.41 per liter
- Mumbai: ₹103.50 per liter
- Chennai: ₹100.90 per liter
- Bangalore: ₹102.92 per liter
- Hyderabad: ₹107.46 per liter
Diesel prices in these major cities are:
- New Delhi: ₹87.67 per liter
- Kolkata: ₹92.02 per liter
- Mumbai: ₹90.03 per liter
- Chennai: ₹92.49 per liter
- Bangalore: ₹90.99 per liter
- Hyderabad: ₹95.70 per liter
It's important to note that these prices are subject to change and may vary slightly depending on the petrol pump and location within the city.
Factors Influencing Fuel Prices
Several factors contribute to the daily fluctuations in petrol and diesel prices in India:
- Global Crude Oil Prices: The cost of crude oil in the international market is a primary determinant of domestic fuel prices.
- Rupee-Dollar Exchange Rate: Fluctuations in the exchange rate between the Indian rupee and the US dollar impact the cost of importing crude oil.
- Taxes and Duties: Central and state government taxes, including excise duty and Value Added Tax (VAT), contribute significantly to the retail price of fuel. VAT varies from state to state, causing price differences across the country.
- Transportation Costs: The cost of transporting fuel from refineries to petrol pumps also affects the final price.
- Dealer Commission: Petrol pump owners add their commission to the base price.
Regional Price Variations
As seen in the city-specific rates, fuel prices vary across different states and cities. This is primarily due to the varying rates of VAT levied by state governments and the impact of transportation costs. For example, Chandigarh has the lowest petrol and diesel prices at ₹94.30 and ₹82.45 per litre respectively.
Daily Price Revisions
Fuel prices in India are revised daily at 6 a.m. by oil marketing companies (OMCs) to reflect changes in the aforementioned factors. This system of daily price revision was implemented in June 2017 to ensure that price changes are passed on to consumers more efficiently.
Impact of Fuel Prices
Petrol and diesel prices have a direct impact on the cost of living and transportation. Rising fuel costs can lead to increased transportation expenses, which, in turn, can contribute to inflationary pressures on commodity prices. The Reserve Bank of India (RBI) closely monitors these trends and modulates interest rates to mitigate the impact of inflation.
Stability in Fuel Prices
Despite daily fluctuations, petrol and diesel prices have remained relatively stable for an extended period. This stability can be attributed to stable taxation policies by the central government.
