Daily Price Revisions
Petrol prices in India are updated every day at 6:00 AM. This daily adjustment is part of the dynamic pricing system. Since June 2017, this has been the method
used to revise petrol prices, offering consumers up-to-date pricing. The prices of petrol are affected by changes in the cost of crude oil, along with the exchange rates.
Current City Rates
On Sunday, March 16, 2025, petrol prices vary across different cities. In Bangalore, the price is ₹102.92 per liter, reflecting a decrease of ₹0.06. Chennai has a price of ₹100.80 per liter, with no change. In Hyderabad, petrol costs ₹107.46 per liter, remaining steady. Kolkata's petrol price is ₹105.01 per liter, also unchanged. Mumbai City petrol is priced at ₹103.50 per liter, holding steady, and in New Delhi, it is ₹94.77 per liter, also with no change.
Fuel Prices by City
The cost of petrol varies widely depending on the city. For example, in Adilabad, the petrol price is ₹108.83, unchanged from the previous period. In Agartala, the price is ₹97.53, which reflects a decrease of ₹0.04. Other cities include Agra at ₹94.61 (up ₹0.13), Ahmedabad at ₹94.29 (down ₹0.29), and Ajmer at ₹104.36 (down ₹0.39). The price fluctuations are influenced by factors like local taxes, transportation expenses, and dealer margins. View all cities for a comprehensive list.
State-Wise Prices
Petrol prices also differ based on the state. In Andhra Pradesh, petrol is priced at ₹108.45 per liter, showing a decrease of ₹0.04. In Delhi, the price stands at ₹94.77 per liter, remaining constant. Each state's pricing is impacted by the Value Added Tax (VAT) and other state-specific levies. For instance, Andaman and Nicobar has a petrol price of ₹82.46, while Arunachal Pradesh stands at ₹90.97, reflecting a small increase of ₹0.02. View a complete list of states to get the latest pricing.
Key Price Influencers
Several factors significantly affect petrol prices. The most prominent is the fluctuating cost of international crude oil, which India imports. The exchange rate between the rupee and the US dollar is also a key driver. Other influential elements include central excise duties levied by the government, the VAT set by state governments, refining costs, and dealer margins. These elements collectively determine the final retail price of petrol.
FAQs on Petrol
Various factors influence daily petrol price adjustments, including global crude oil prices and currency exchange rates. The final price is determined by crude oil costs, refining charges, excise duty, dealer commissions, VAT, and other local taxes. Petrol prices can vary between states due to differing tax structures, particularly VAT. To save on petrol costs, it's advisable to drive efficiently, maintain proper tire pressure, avoid idling, and make use of fuel station loyalty programs. Additionally, global crude oil price changes directly affect retail petrol rates, and petrol's higher cost compared to diesel is mainly attributed to taxes and production.
