Petrol, Diesel Prices Announced: Check Rates In Your City On October 26

Fuel prices are always a significant concern for the Indian consumer, impacting household budgets and the overall economy. On October 26, 2025, changes in petrol and diesel prices have been observed across various cities in India. These revisions are influenced by a complex interplay of international crude oil prices, government policies, and the rupee-dollar exchange rate.

Current Prices in Major Cities

As of today, October 26, 2025, petrol prices in major Indian cities are averaging between ₹94.25 and ₹107.5 per litre. Here's a quick look at the petrol prices in some key cities:

• New Delhi: ₹94.77 per litre
• Mumbai: ₹103.50 per litre
• Kolkata: ₹105.41 per litre
• Chennai: ₹100.8 per litre
• Bangalore: ₹102.92 per litre
• Hyderabad: ₹107.46 per litre

Diesel prices are currently ranging between ₹78.05 and ₹97.57 per litre across different cities. Here’s a glimpse of the diesel rates in some major metropolitan areas:

• New Delhi: ₹87.67 per litre
• Mumbai: ₹90.03 per litre
• Bangalore: ₹90.99 per litre
• Hyderabad: ₹95.7 per litre
• Chennai: ₹92.39 per litre
• Kolkata: ₹92.02 per litre

It's worth noting that these prices may vary slightly depending on the fuel station and local taxes.

Factors Influencing Fuel Prices

Several factors contribute to the fluctuation of petrol and diesel prices in India:

• Crude Oil Prices: The cost of crude oil, the raw material for petrol and diesel, is the most significant determinant of fuel prices, accounting for roughly 36% of the final price. Global supply and demand, geopolitical events, and natural disasters can all impact crude oil prices.
• Taxes and Government Policies: Excise duties, value-added tax (VAT), and other levies imposed by the central and state governments constitute a substantial portion of the retail price. Changes in these taxes can directly affect the prices consumers pay.
• Refining Costs: The process of refining crude oil into usable fuels also adds to the cost. The type of crude oil and environmental regulations can influence refining expenses.
• Distribution and Marketing Costs: Transportation costs from refineries to fuel stations, as well as the operating costs of these stations, are factored into the final price.
• Rupee-Dollar Exchange Rate: Since India imports a significant portion of its crude oil, fluctuations in the rupee-dollar exchange rate can impact the cost of imports, thereby affecting fuel prices.
• Supply and Demand: The basic economic principle of supply and demand also plays a role. Higher demand typically leads to increased prices, while a surplus in supply can lead to price decreases.

Recent Trends and Analysis

In an unexpected turn of events, fuel prices have dropped by ₹7 today. This decrease can be attributed to fluctuations in global crude oil prices and government intervention. International oil market is highly volatile, with prices often shifting based on geopolitical events, supply and demand, and economic trends. In recent weeks, global crude oil prices have softened slightly, providing some breathing room for domestic fuel prices to be adjusted downward. The Indian government has been known to make adjustments to excise duties and taxes on fuel in order to mitigate the impact of price hikes on consumers.

Impact on Consumers

Changes in fuel prices have a cascading effect on various aspects of daily life:

• Commuters: Fluctuations directly impact the expenses of individuals who rely on petrol and diesel for their vehicles.
• Transportation Sector: The transport industry, including freight and logistics, is significantly affected by fuel price variations, potentially influencing the cost of goods and services.
• Inflation: Fuel costs contribute to overall inflation, impacting the prices of essential commodities.

Future Outlook

The trajectory of fuel prices in India remains subject to global market dynamics and government policies. Monitoring international crude oil prices and government decisions regarding taxes and subsidies is crucial for anticipating future trends. The shift towards alternative energy sources may also play a role in shaping long-term fuel price trends.