Fuel prices in India continue to be dynamic, with daily revisions reflecting changes in international crude oil prices and currency exchange rates. On May 26, 2025, petrol and diesel prices in major Indian cities remained largely stable, although some minor fluctuations were observed in certain regions.
In Delhi, petrol is retailing at ₹94.77 per litre, while diesel costs ₹87.67 per litre. Mumbai sees petrol priced at ₹103.50 per litre and diesel at ₹90.03 per litre. Kolkata residents are paying ₹105.41 for a litre of petrol and ₹92.02 for diesel. Meanwhile, in Chennai, petrol is available at ₹100.80 per litre and diesel at ₹92.39 per litre. These prices reflect the continued trend of relatively steady fuel costs in recent months.
Across other major cities, fuel prices present a varied landscape. In Bangalore, petrol is priced at ₹102.92 per litre, while Chandigarh has the lowest petrol price among the metro cities at ₹94.30 per litre. These variations are due to differing state taxes and transportation costs.
State-wise, there are also notable differences. For example, in Tamil Nadu, petrol is priced at ₹101.81 per litre. In Haryana, the petrol price stands at ₹95.33 per litre, a slight decrease from the beginning of May. Bihar sees diesel priced at ₹92.47 per litre, reflecting a decrease over the course of May. These state-level fluctuations highlight the impact of local levies on the final price consumers pay.
The dynamic fuel pricing mechanism, which was introduced in June 2017, ensures that fuel prices are revised daily at 6:00 AM. This system aims to increase transparency and limit speculative practices by aligning domestic prices with international market dynamics. Factors influencing these prices include Brent crude oil prices, the rupee-to-US dollar exchange rate, geopolitical risks, and supply-chain issues. Domestic conditions, such as changes in excise duty, state taxes, and demand, also play a significant role.
Globally, crude oil prices have seen some volatility. Brent crude, the global benchmark, rose to $65.06 per barrel recently, following earlier dips to below $59, which was the lowest level since February 2021. These fluctuations in the international crude market directly impact the prices that Indian consumers pay at the pump.
Consumers can stay updated on the daily price changes through various mobile applications offered by oil marketing companies like Indian Oil, Bharat Petroleum, and Hindustan Petroleum. These apps provide real-time information on petrol and diesel prices, ensuring transparency and helping consumers make informed decisions. The stability in fuel prices provides some relief to consumers and businesses, helping to manage household budgets and operational costs effectively.