Petrol and Diesel Price Today in India – Latest Fuel Rates and City-Wise Updates
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Fuel prices remain one of the most searched topics in India, as petrol and diesel directly impact transportation, inflation, and daily expenses. Every morning at 6 AM, oil companies revise fuel rates based on international crude oil prices, taxes, dealer commissions, and transportation costs. Here is today’s latest update on petrol and diesel prices across major Indian cities.
Why Do Petrol and Diesel Prices Change Daily?
India follows a system called Dynamic Fuel Pricing, where fuel rates are adjusted every day. The main factors influencing these changes include:
- Global Crude Oil Prices: When international oil prices rise or fall, Indian fuel rates also shift.
- Demand and Supply: Seasonal demand affects refining and distribution costs.
- Central and State Taxes: Around 45–55% of petrol’s final price comes from taxes.
- Dealer Commission: Petrol pump owners get a fixed margin that adds to retail pricing.
- INR–USD Exchange Rate: Crude oil is purchased in USD; a weaker rupee makes fuel expensive.
Petrol and Diesel Price Today – Major Indian Cities
Below is today’s city-wise fuel price update (approximate values based on daily market revisions):
| City | Petrol Price (₹/Litre) | Diesel Price (₹/Litre) |
|---|---|---|
| Delhi | ₹94–95 | ₹87–88 |
| Mumbai | ₹106–107 | ₹94–95 |
| Chennai | ₹102–103 | ₹94–95 |
| Kolkata | ₹103–104 | ₹90–91 |
| Patna | ₹105–107 | ₹92–94 |
(Prices may vary slightly by city due to local taxes and transportation costs.)
Why Do Some Cities Have Higher Fuel Prices?
Fuel rates in cities like Mumbai, Patna, and Hyderabad are higher because these states impose higher VAT (Value Added Tax) on petrol and diesel. Meanwhile, Delhi and Chandigarh usually have lower rates due to lower state taxes.
Recent Trend: Are Fuel Prices Expected to Rise or Fall?
According to market reports, crude oil prices have been fluctuating due to global geopolitical issues, supply cuts by OPEC countries, and economic uncertainty. Analysts suggest:
- If crude oil rises above $85 per barrel: Fuel prices in India may increase.
- If crude oil falls below $75 per barrel: Prices may drop or remain stable.
For now, fuel prices in most Indian cities have remained largely stable, with minor fluctuations.
How Fuel Prices Impact Your Daily Budget
The cost of petrol and diesel affects much more than vehicle expenses. It influences:
- Grocery and vegetable prices
- Public transport fares
- Online delivery charges
- Construction and manufacturing costs
- Overall inflation
That’s why even a small change in fuel rates can impact household expenses.
How to Check Daily Petrol and Diesel Prices
You can check updated fuel prices daily using:
- IOCL Website: Indian Oil daily price checker
- Bharat Petroleum App
- HPCL App
- SMS Services: You can also send SMS to your oil company to get the latest rate
Conclusion
Petrol and diesel prices in India continue to remain stable in most regions, but ongoing global factors may influence rates in the coming weeks. Staying updated with daily price revisions helps consumers plan travel, budgets, and business expenses more efficiently.
Bookmark this page for daily fuel updates and pricing trends across major Indian cities.
Disclaimer: Fuel prices vary across states due to taxes and transportation charges. The above information is based on publicly available market updates and city-wise trends.
Before diving into the full analysis, make sure to read this complete article for a clear and accurate understanding.
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