Fuel Price in India Today – Petrol and Diesel Rate City-Wise (8 May 2025)

In India, fuel price continue to influence the daily lives of millions. From commuting expenses to logistics costs, petrol and diesel prices are closely monitored by individuals and businesses alike. On 8 May 2025, oil marketing companies have released the latest rates for petrol and diesel across major Indian cities.

Unlike the international market, fuel prices in India are adjusted daily based on crude oil rates, global demand-supply dynamics, and currency exchange fluctuations. Let’s take a look at the city-wise rates for today and what factors are contributing to the current fuel pricing trends.

City-Wise Petrol and Diesel Price (8 May 2025)

Fuel prices vary from city to city due to local taxes, transportation costs, and VAT imposed by state governments. Here’s a snapshot of today’s rates:

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Why Do Fuel Prices Differ Across Indian Cities?

Fuel rates in India are not uniform, and for good reason. The final price includes several components beyond the base price, such as central excise duty, state VAT, dealer commissions, and freight charges.

States like Maharashtra and Rajasthan, for instance, have higher fuel prices due to higher VAT. Conversely, Union Territories like Chandigarh tend to have lower prices due to reduced tax rates. Moreover, transportation and storage also add to the cost in remote areas.

How Are Daily Fuel Prices Calculated?

Indian Oil Corporation Ltd. (IOCL), Bharat Petroleum Corporation Ltd. (BPCL), and Hindustan Petroleum Corporation Ltd. (HPCL) follow a dynamic pricing system. This means prices are revised at 6 AM daily based on:

• International crude oil price fluctuations

• INR/USD exchange rate

• Refinery processing costs

• Freight and transport charges

This dynamic pricing system aims to ensure transparency and prevent sudden hikes.

Impact of Fuel Prices on the Common Man

For many families, a small change in fuel prices can have ripple effects—impacting transportation costs, vegetable prices, cab fares, and even online delivery fees. With the increasing dependence on personal vehicles and e-commerce, every paisa counts.

Today’s prices may be stable compared to last week, but many citizens remain concerned about the long-term trend. There is hope that with global oil prices stabilizing, domestic rates will become more manageable in the coming months.

Tips to Save on Fuel

While we may not control fuel prices, we can control how we consume fuel. Here are a few tips:

• Keep your vehicle well-maintained to improve mileage

• Carpool whenever possible

• Use fuel-efficient driving habits

• Opt for public transportation or electric vehicles when feasible

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