There have been several oscillations about the change in petrol and diesel rates in India since the early 2000s. Several reasons and factors that impact the change include the Global oil market rates, changing government policies, and geopolitical emergence.
The world’s 3rd largest oil market and consumers belong to India. It propels a fast-growing economy and attracts greater demands. India is one of the largest crude oil importers. It possesses great refining capacity. Globally, India is the 7th-largest exporter of refined petroleum products.
There is a great potential for future growth as the total consumption of oil is on the higher side. The challenges, at times, for energy security come from reliance, especially at times of rising global oil prices. The government of India adapts different policies to attract potential foreign investments in the oil and gas sector and develop alternative energies.
Azaadi Ke baad !
Subsequently, post-independence, there has been a steady escalation in prices due to dollar-rupee rate volatilities, taxes, and subsidies. Global crude oil rates are the most noteworthy and determining factor of petrol price in Indian history. A feeble rupee increases the cost of oil imports in India. Other potential causes include excise duty, VAT, refining, and distribution costs.
From 1947 to 2025, India has seen an upward growth with regard to the crude oil market. In 1947, the petrol prices were Rs 0.25 to Rs 0.27 per litre, while in 2014, they came up to 72.43 per litre. India has seen a rise from 2024 to 2025 in petrol price to 105.01.
Lately, renewable energy is taking its stance over petrol-based vehicles. This is leading to a decline in consumers, which makes the route of interest in high prices go all the more beyond doubt in the future.
The supply and demand of petrol and diesel bring changes in their price points across the country, also bringing changes in the Indian economy and the global crude oil markets.
Petrol Diesel: Everyday Update
Petrol and diesel prices vary daily depending on the vital fuel pricing system in India. By 6 am every day on a daily basis, they are revised. The minute’s variation in global oil prices can be transmitted to fuel users and dealers.
The last call rate is finalised after adding payment to the refineries, excise duty, VAT, Value added tax and dealer commission. Hence, post this petrol gets nearly magnified.
The changes do have an impact on the life of a common man and affect daily commuters, office goers, fruit sellers, and vegetable vendors. Keeping track of the prices can help us keep a note of our monthly spending.
Prices of Petrol and Diesel on 20th September 2025
| City | Petrol Price (₹/L) | Diesel Price (₹/L) |
| New Delhi | ₹94.72 | ₹87.62 |
| Mumbai | ₹104.21 | ₹92.15 |
| Kolkata | ₹103.94 | ₹90.76 |
| Chennai | ₹100.75 | ₹92.34 |
| Ahmedabad | ₹94.49 | ₹90.17 |
| Bengaluru | ₹102.92 | ₹89.02 |
| Hyderabad | ₹107.46 | ₹95.70 |
| Jaipur | ₹104.72 | ₹90.21 |
| Lucknow | ₹94.69 | ₹87.80 |
| Pune | ₹104.04 | ₹90.57 |
| Chandigarh | ₹94.30 | ₹82.45 |
| Indore | ₹106.48 | ₹91.88 |
| Patna | ₹105.58 | ₹93.80 |
| Surat | ₹95.00 | ₹89.00 |
| Nashik | ₹95.50 | ₹89.50 |
| City | CNG Rates |
| New Delhi | ₹76.09 |
| Mumbai | ₹77.00 |
| Chennai | ₹91.50 |
| Patna | ₹84.54 |
| Kolkata | ₹90.00 |
Stable Since 2022
The current government has made sure that the centre and other state governments cut taxes after May 2022 to maintain stability in the fuel prices. Though there have been many developments, fluctuations in the petrol and diesel rates, it has stayed the same for Indian consumers. It has not been affected by any form of geopolitical changes or international prices.
It’s not easy to predict the petrol and diesel price for the next five years as it shall vary and differ each year, with its impact on global crude oil costs, government policies on tax and duties and India’s energy transition. Electric vehicles, self-driving cars, and energy conservation plans and goals may bring in revolutionary changes in the country. Cleaner energy sources and reliance on fossil fuels will be the next generation’s future updates.