Petrol and Diesel Prices in India Today – April 24, 2025
Fuel prices in India continue to be a daily concern for millions. Whether you’re a daily commuter, a logistics operator, or a homemaker planning a budget, the cost of petrol and diesel hits home every single day. As of April 24, 2025, here’s where the prices stand across major Indian cities.
Latest Fuel Rates (INR/Litre) – Key Cities
| City | Petrol Price (₹) | Diesel Price (₹) |
|---|---|---|
| Delhi | 96.72 | 89.62 |
| Mumbai | 106.31 | 94.27 |
| Kolkata | 106.03 | 92.76 |
| Chennai | 102.63 | 94.24 |
| Bengaluru | 101.94 | 87.89 |
| Patna | 107.74 | 94.51 |
Note: Prices may vary slightly based on local taxes and transportation costs.
What’s Causing the Fluctuations in Fuel Prices?
Global Crude Oil Trends
India imports more than 80% of its crude oil requirements. Any fluctuation in the international oil market has a direct impact on fuel prices here. Over the past week, crude oil prices have edged slightly higher due to geopolitical tensions and supply chain concerns in the Middle East. This has translated into a marginal hike in domestic fuel rates.
Impact of Rupee vs. Dollar
Another major factor is the exchange rate. A weakening rupee against the US dollar increases the cost of oil imports. With the rupee trading around 83.15 against the dollar, oil companies are facing higher procurement costs, which gets passed on to consumers.
The Human Side of Rising Fuel Costs
“It’s Not Just Fuel, It’s Everything Else Too”
For people like Ramesh, an auto-rickshaw driver in Delhi, a rise of even ₹1 in diesel or petrol can mean reduced income or higher fares that customers resist. “My expenses go up, but customers don’t want to pay ₹10 extra,” he says, reflecting the daily reality of millions across the country.
Middle-Class Budgets Feel the Heat
From grocery bills to school fees, an increase in fuel prices often triggers a chain reaction. Transportation costs are a part of every commodity’s pricing. Housewives and salaried workers alike are revisiting their budgets almost every month.
Government’s Role and Tax Components
The central and state governments levy excise duty, VAT, and other taxes on petrol and diesel. These taxes contribute significantly to the retail prices you pay. Currently, taxes make up over 50% of the fuel cost in many states.
There have been calls for rationalizing these duties, especially from states where fuel prices are higher due to local levies. However, given the fiscal pressure, there hasn’t been a major cut in duties post-2022.
How Can Consumers Cope?
Smart Ways to Save on Fuel
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Carpooling and Ride-Sharing: Reduces individual fuel costs.
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Public Transport: Metro and bus services remain more cost-effective options.
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Use of Fuel Cards or Loyalty Apps: Some apps offer cashbacks and discounts.
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Regular Vehicle Maintenance: Ensures optimal fuel efficiency.
Looking Ahead
With the global economic outlook still uncertain and crude oil markets remaining volatile, fuel prices in India may continue to see periodic revisions. For now, consumers are bracing for marginal hikes and hoping for policy relief.
As the Lok Sabha elections approach in 2025, fuel prices may also take center stage in public discourse. Political leaders are likely to address the issue as it directly impacts voters across economic classes.
