Petrol-Diesel Prices Today: Every day, at the crack of dawn, Indian petroleum companies release the updated prices for petrol and diesel. For quite some time now, petrol and diesel prices in India have remained stable. In major metropolitan cities like Mumbai, Kolkata, and Chennai, petrol prices have crossed the ₹100 mark. Meanwhile, diesel rates in these cities are also hovering above ₹90 per litre. From office-goers to tea vendors and fruit sellers, everyone relies on petrol and diesel, and consequently, everyone keeps a close watch on their prices. As of Tuesday morning, there has been no change whatsoever in these rates.
- Tax cuts by the Central Govt post May 2022
- Several state governments also cut taxes
- No major revision since then
- Global crude fluctuations absorbed
- Consumers unaffected so far
- India imports crude oil in USD
- Sells fuel to consumers in INR
- Weaker rupee = higher fuel costs
- The exchange rate directly impacts prices
- Updated daily at 6:00 AM by oil cos
Check Petrol Prices in These Major Cities
In the national capital, New Delhi, the price of petrol is recorded at ₹94.72 per litre. Here, the diesel rate is trending at ₹87.62 per litre. In Mumbai, Maharashtra, the price of petrol stands at ₹104.21, while the diesel rate is currently at ₹92.15 per litre. In Kolkata, the capital of West Bengal, petrol is trending at ₹103 per litre, while diesel is being sold at a rate of ₹90.76 per litre.
Check Petrol and Diesel Rates Here as Well
In Chennai, the capital of Tamil Nadu, the price of petrol is recorded at ₹100.75, and the diesel rate stands at ₹92.34 per litre. In Ahmedabad, Gujarat, petrol is priced at ₹94.49 per litre, while diesel is trending at ₹90.17 per litre.
In Bengaluru, the capital of Karnataka, petrol is priced at ₹102.92, while diesel is recorded at ₹89.02 per litre. In Hyderabad, the capital of Telangana, petrol is trending at ₹107.46, and diesel is at ₹95.70 per litre.
Petrol and Diesel Prices Stable for a Long Time
Petrol and diesel prices in India have remained stable for a considerable period. This stability follows the tax cuts implemented by the Central Government—and several state governments—after May 2022. Since then, there has been no significant change in petrol and diesel prices. While crude oil prices in the global market continue to fluctuate, the pockets of Indian consumers have remained unaffected.
The Rupee vs. the Dollar
India primarily imports crude oil. This means that India purchases crude oil in dollars but sells it to its consumers in rupees. Consequently, a weakening rupee impacts fuel prices in India.
