Petrol, diesel prices remain steady across major Indian cities as of September 25, 2024

As of today, September 25, 2024, petrol and diesel prices across India’s major cities remain largely unchanged. In Delhi, petrol continues to be priced at Rs 94.72 per litre, with no fluctuation from the previous day or the previous month. Diesel in the capital is also steady at Rs 87.62 per litre. This trend reflects stable fuel prices under India’s dynamic fuel pricing system, which has been in place since June 2017. Prices are revised daily at 6 AM, aimed at ensuring greater transparency and curbing speculative fluctuations in the market.

Several factors contribute to fuel price changes, including international crude oil prices, the exchange rate between the rupee and the US dollar, and global geopolitical tensions. These factors are critical in determining the cost of crude imports. On the domestic front, changes in excise duties, state-level taxes, and variations in demand also play a role in shaping fuel prices. Gross refining margins and dealer commissions further affect the final prices paid by consumers.

Petrol and Diesel Prices in Key Cities (as of September 25, 2024):

Delhi

• Petrol: Rs 94.72 per litre
• Diesel: Rs 87.62 per litre

Mumbai

• Petrol: Rs 103.44 per litre
• Diesel: Rs 89.97 per litre

Chennai

• Petrol: Rs 100.85 per litre
• Diesel: Rs 92.44 per litre

Kolkata

• Petrol: Rs 103.94 per litre
• Diesel: Rs 90.76 per litre

Noida

• Petrol: Rs 94.66 per litre
• Diesel: Rs 87.76 per litre

Lucknow

• Petrol: Rs 94.65 per litre
• Diesel: Rs 87.76 per litre

Bengaluru

• Petrol: Rs 102.86 per litre
• Diesel: Rs 88.94 per litre

Hyderabad

• Petrol: Rs 107.41 per litre (highest)
• Diesel: Rs 95.65 per litre

Jaipur

• Petrol: Rs 104.88 per litre
• Diesel: Rs 90.36 per litre

Trivandrum

• Petrol: Rs 107.62 per litre
• Diesel: Rs 96.43 per litre

Bhubaneswar

• Petrol: Rs 101.06 per litre
• Diesel: Rs 92.91 per litre  

Global Oil Price Movements

International crude oil prices continue to influence domestic fuel rates. Recent developments, such as a weaker US dollar and the People's Bank of China (PBOC) announcing additional stimulus measures, have led to a rebound in global crude prices. However, despite these fluctuations, domestic petrol and diesel rates remain relatively stable, thanks to India's pricing mechanisms and government policies.