Today’s Diesel and Petrol Prices Across Major Cities in India

On June 15, 2017, India introduced daily revisions in diesel prices, a shift from the previous system of bi-weekly price changes. By adjusting diesel prices daily, consumers can more easily track price fluctuations and avoid the sudden, large-scale price hikes that were common under the bi-weekly system. 

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Petrol Prices in India

Here is a look at the current diesel prices across major cities in India:

• New Delhi: ₹87.67 (No change)
• Kolkata: ₹91.82 (No change)
• Mumbai: ₹90.03 (No change)
• Chennai: ₹92.39 (Decreased by ₹0.42)
• Gurgaon: ₹88.10 (Increased by ₹0.25)
• Noida: ₹88.13 (Increased by ₹0.32)
• Bangalore: ₹88.99 (No change)
• Bhubaneswar: ₹92.96 (Increased by ₹0.45)
• Chandigarh: ₹82.45 (No change)
• Hyderabad: ₹95.70 (No change)
• Jaipur: ₹89.93 (Decreased by ₹0.28)
• Lucknow: ₹87.81 (Decreased by ₹0.17)
• Patna: ₹92.26 (Decreased by ₹0.16)
• Thiruvananthapuram: ₹96.21 (Increased by ₹0.03)

While diesel prices have remained stable in cities like New Delhi, Kolkata, and Mumbai, there have been minor fluctuations in cities like Chennai, Gurgaon, Noida, and Bhubaneswar. Chennai experienced a decrease of ₹0.42 per liter, while Gurgaon and Noida saw an increase of ₹0.25 and ₹0.32, respectively. Bhubaneswar recorded the highest increase at ₹0.45, while Thiruvananthapuram saw a small rise of ₹0.03.

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Petrol Prices in India

Petrol prices in India are influenced by several key factors, including international crude oil prices, domestic tax structures, and currency exchange rates. Despite fluctuations in global oil prices, the taxation system in India remains a crucial factor in maintaining high fuel prices. The central and state governments impose various taxes, including excise duty and VAT (Value Added Tax), which contribute to a substantial portion of the retail price.

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Here’s a look at the latest petrol prices across major cities in India:

• New Delhi: ₹94.77 (No change)
• Kolkata: ₹105.01 (No change)
• Mumbai: ₹103.50 (No change)
• Chennai: ₹100.80 (Decreased by ₹0.43)
• Gurgaon: ₹95.25 (Increased by ₹0.27)
• Noida: ₹94.98 (Increased by ₹0.27)
• Bangalore: ₹102.92 (No change)
• Bhubaneswar: ₹101.39 (Increased by ₹0.46)
• Chandigarh: ₹94.30 (No change)
• Hyderabad: ₹107.46 (No change)
• Jaipur: ₹104.41 (Decreased by ₹0.31)
• Lucknow: ₹94.69 (Decreased by ₹0.15)
• Patna: ₹105.41 (Decreased by ₹0.17)
• Thiruvananthapuram: ₹107.33 (Increased by ₹0.03)

While prices in cities like New Delhi, Kolkata, and Mumbai have remained stable, some cities have experienced slight changes. Chennai saw a decrease of ₹0.43, while Gurgaon and Noida reported an increase of ₹0.27 per liter. Bhubaneswar experienced the largest increase at ₹0.46, while Thiruvananthapuram had a modest rise of ₹0.03.

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Despite the regular fluctuations, the significant disparity in petrol prices across cities can largely be attributed to state-specific taxes and transportation costs. Fuel prices in larger cities like Mumbai and Hyderabad are typically higher due to additional costs associated with transportation and distribution.

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