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Petrol and Diesel Price Update in India (March 2025) – City-Wise Rates & Key Factors

 

CityPetrol Price (₹/litre)Diesel Price (₹/litre)
New Delhi94.7787.67
Mumbai103.5090.03
Chennai100.8092.39
Kolkata105.0191.82
Noida94.8788.11
Lucknow94.6987.91
Bengaluru102.9288.99
Hyderabad107.4695.70
Jaipur104.4289.93
Trivandrum107.4896.48
Bhubaneswar103.5494.76

Fuel prices in India are influenced by several factors:

  1. Crude Oil Prices: As the primary raw material, fluctuations in global crude oil prices directly impact domestic fuel costs.

  2. Exchange Rates: Since India imports a significant portion of its crude oil, variations in the exchange rate between the Indian Rupee and the US Dollar affect fuel prices. A weaker Rupee typically leads to higher costs.

  3. Taxes: Both central and state governments levy taxes on fuel, leading to price variations across states

  4. Refining Costs: Expenses incurred in refining crude oil into petrol and diesel also contribute to the final price.

  5. Demand and Supply: An imbalance between fuel demand and supply can cause price fluctuations.

Oil Marketing Companies (OMCs) in India revise fuel prices daily at 6 AM, ensuring transparency and alignment with global market trends

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