Morning Rate Rundown
Every day at 6 AM IST, India’s oil marketing companies update petrol and diesel prices based on the latest global crude rates, foreign exchange levels, and state‑wise taxation. This morning saw no change in rates across major cities, underlining a steady trend since May. Here’s a snapshot of today’s city‑wise prices:
Metro City Snapshot
City | Petrol (₹/L) | Diesel (₹/L) |
---|---|---|
New Delhi | 94.77 | 87.62 |
Mumbai | 103.50 | 90.03 (₹92.15 as per local data) |
Kolkata | 105.41 | 92.02 |
Chennai | 100.80 | 92.39 |
Bengaluru | 99.84 | – |
Chandigarh | 94.24 | – |
Beyond the Metros: State-Wise Variations
Fuel rates vary notably across states due to differing VAT and local levies:
Petrol ranges from ₹90.62/L in Arunachal Pradesh to ₹108.29/L in Andhra Pradesh .
Diesel varies from ₹80.16/L in Arunachal to ₹96.17/L in Andhra Pradesh.
In Bihar, petrol stands at ₹105.18/L and diesel at ₹92.04/L .
Why Prices Stay the Same (Today)
Global Crude & Currency Balance: International oil prices and the rupee‑dollar exchange have remained stable since early June, helping maintain domestic prices.
Tax & VAT Structure: With central excise fixed and no recent state VAT changes, these stable tax slabs ensure zero daily fluctuation.
How This Affects You
Commuters & Daily Riders
Predictable fuel rates allow planners—autos, taxis, ride‑shares—to budget efficiently. For daily commuters, such as office-goers and students, stability eases the stress of variable monthly travel costs.
Small Businesses & Farmers
Diesel-powered transport—trucks, tractors, generators—benefits from today’s calm. Farmers in states like Bihar and Punjab can manage costs better during harvest season, while small traders enjoy gentle margins.
Household Economics
Even for families relying on motorised two-wheelers or generators, steady fuel prices mean smoother monthly budgeting. In metro homes, where fuel-related transport or backup power is part of life, constancy matters.
Looking Ahead: What Residents Should Know
Global alerts like Middle‑East tensions or OPEC decisions can shift crude prices overnight, potentially triggering price updates at 6 AM the following day.
Currency watch: Any sudden rupee depreciation may prompt fuel cost rises.
Tax policy news: State budget announcements could alter VAT, impacting pump rates.
Green alternatives: India’s push for hydrogen and electric mobility may eventually ease reliance on petrol/diesel .