4 days ago
Indian Fuel Prices Stay Steady as Brent Crude Rises
Petrol and diesel prices in the listed Indian cities stayed the same on September 24 and September 25.
Mumbai petrol cost ₹111.21 per litre, while Mumbai diesel cost ₹97.83.
Delhi had petrol at ₹102.12 and diesel at ₹95.20.
Hyderabad had the highest prices among the cities shown.
The government said it does not currently plan to increase fuel prices.
However, the price of Brent crude rose from $102.27 to $105.70 per barrel across the two days.
India imports much of its crude, so global oil prices and the rupee-dollar exchange rate can affect fuel costs.
Taxes, transportation expenses and local demand also make fuel prices different from one city to another.
Mumbai petrol costs ₹111.21 per litre and diesel ₹97.83, unchanged from the previous day.
Delhi petrol is priced at ₹102.12 per litre, while diesel costs ₹95.20.
Among the listed cities, Hyderabad has the highest petrol and diesel prices at ₹116.15 and ₹104.23 per litre.
The government reportedly has no current proposal to raise petrol or diesel prices despite volatile global crude prices.
Brent crude rose from $102.27 per barrel on September 24 to $105.70 on September 25, while taxes, exchange rates, transport costs and demand affect retail prices.
- Who
- Indian consumers, the government and oil-related authorities are involved.
- What
- Petrol and diesel prices remained stable in the listed cities, while Brent crude prices increased and no government fuel-price hike proposal was reported.
- Where
- Major Indian cities including Mumbai, Delhi, Kolkata, Chennai, Bengaluru and Hyderabad.
- When
- September 24 and September 25; the articles do not specify the year.
- Why
- Retail fuel prices are affected by global crude costs, the rupee-dollar exchange rate, central and state taxes, transportation costs and demand and supply.
Key facts
- Mumbai petrol
- ₹111.21 per litre on both reported dates
- Mumbai diesel
- ₹97.83 per litre on both reported dates
- Delhi fuel prices
- Petrol ₹102.12 and diesel ₹95.20 per litre
- Highest listed prices
- Hyderabad: petrol ₹116.15 and diesel ₹104.23 per litre
- Brent crude on September 24
- $102.27 per barrel
- Brent crude on September 25
- $105.70 per barrel
- Government position
- No current proposal to increase petrol and diesel prices
Sources
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