Petrol Diesel Price Today: Petrol and diesel prices in India are updated every day at 6 am. Their prices depend on international crude oil prices and rupee-dollar fluctuations. Check the latest rates as of September 29th and manage your fuel expenses and monthly budget based on your city.
Petrol Diesel Price Today: Every day begins not just with the sun’s rays, but also with the new prices of petrol and diesel, which directly impact the common man’s pocket. At 6 a.m., the country’s oil marketing companies (OMCs) release the latest rates, based on changes in international crude oil prices and the dollar-rupee exchange rate. These changes impact everyday life—whether it’s an office-goer or a fruit and vegetable vendor.
In such a situation, staying updated with daily prices is not only essential but also wise. This government system ensures transparency so that consumers don’t receive any misleading information.
Today’s Petrol and Diesel Price in Your City
New Delhi: Petrol ₹94.72 per litre, Diesel ₹87.62 per litre.
Mumbai: Petrol ₹104.21, Diesel ₹92.15 per liter.
Kolkata: Petrol ₹103.94, Diesel ₹90.76 per liter.
Chennai: Petrol ₹100.75, Diesel ₹92.34 per liter.
Ahmedabad: Petrol ₹94.49, Diesel ₹90.17 per liter.
Bengaluru: Petrol ₹102.92, Diesel ₹89.02 per liter.
Hyderabad: Petrol ₹107.46, Diesel ₹95.70 per liter.
Jaipur: Petrol ₹104.72, Diesel ₹90.21 per liter.
Lucknow: Petrol ₹94.69, Diesel ₹87.80 per liter.
Pune: Petrol ₹104.04, Diesel ₹90.57 per liter.
Chandigarh: Petrol ₹94.30, Diesel ₹82.45 per liter.
Indore: Petrol ₹106.48, Diesel ₹91.88 per liter.
Patna: Petrol ₹105.58, Diesel ₹93.80 per liter.
Surat: Petrol ₹95.00, Diesel ₹89.00 per liter.
Nashik: Petrol ₹95.50, Diesel ₹89.50 per liter.
Why have prices remained stable for the past two years?
Since May 2022, petrol and diesel prices have remained stable following tax cuts by the central government and several states. Although international prices fluctuate, prices for Indian consumers have remained relatively stable.
What factors determine fuel prices?
Crude oil prices:
Petrol and diesel are primarily produced from crude oil. When international crude oil prices rise, this directly impacts the Indian market.
Rupee against the Dollar:
India imports most of its crude oil, and it is purchased in dollars. If the rupee weakens, fuel becomes more expensive.
Government Taxes and Duties:
The central and state governments impose heavy taxes on petrol and diesel, which constitute a significant portion of the retail price. This is the reason for the price differences across states.
Refining Costs:
The process of making crude oil usable (refining) also incurs costs. This cost depends on the quality of the crude oil and the refinery’s capacity.
Demand and Supply Balance:
If fuel demand increases in the market, prices also tend to rise. Fuel consumption is especially high during festivals, summer, and winter.
