Petrol & Diesel Price List: As of May 11, 2025, petrol and diesel prices in India have been updated, reflecting the latest changes in the global oil market. Fuel prices in India are revised daily based on international crude oil rates, currency exchange rates, and domestic taxes. These prices can vary from city to city due to factors like local transportation costs, state taxes (VAT), and central government duties. Staying updated on these prices is crucial for budget planning, especially for businesses and individuals who rely heavily on transportation.
Petrol & Diesel Price List May 11
| City | Petrol (₹/L) | Diesel (₹/L) |
|---|---|---|
| Delhi | ₹96.72 | ₹89.62 |
| Mumbai | ₹106.31 | ₹94.27 |
| Chennai | ₹102.63 | ₹94.24 |
| Kolkata | ₹106.03 | ₹92.76 |
| Bengaluru | ₹101.94 | ₹87.89 |
| Hyderabad | ₹109.66 | ₹97.82 |
Source: Indian Oil Corporation
Understanding the factors that influence fuel prices can help you make informed decisions about your daily commutes and long-term vehicle investments. Stay updated on local prices and consider adopting fuel-saving habits to reduce your transportation costs over time.
Why Do Fuel Prices Vary Across Indian Cities?
Fuel prices in India are not uniform across all cities due to several reasons:
- State Taxes (VAT) – Each state imposes a different Value Added Tax (VAT) on fuel, causing price differences.
- Transportation Costs – Transporting fuel from refineries to various locations incurs logistics costs, which vary by distance and region.
- Dealer Commission – Fuel station operators receive a commission per liter sold, which can differ from state to state.
- Central Excise Duty – The central government levies a uniform excise duty, but it can be adjusted during the annual budget.
Understanding the Daily Price Revision Mechanism
India follows the dynamic fuel pricing mechanism, meaning petrol and diesel prices are updated daily at 6 a.m. based on international crude oil prices and foreign exchange rates. This practice, known as ‘dynamic pricing’, was introduced in June 2017 to ensure transparency and align domestic prices with global markets.
Factors Influencing Fuel Prices:
- Crude Oil Prices – The global benchmark for oil, like Brent Crude, significantly impacts Indian fuel prices.
- Exchange Rates – A weaker rupee against the US dollar increases import costs, pushing fuel prices higher.
- Demand and Supply Dynamics – Global political and economic events, like conflicts or economic sanctions, can disrupt supply chains, affecting prices.
Practical Tips to Save on Fuel Costs
Fuel expenses can add up quickly, especially if you rely on personal vehicles for commuting. Here are some practical tips to improve your vehicle’s fuel efficiency:
- Drive Smoothly – Avoid rapid acceleration and harsh braking.
- Maintain Tire Pressure – Properly inflated tires reduce fuel consumption.
- Plan Your Trips – Combine errands to minimize driving distance.
- Use Air Conditioning Wisely – It can increase fuel consumption by 10-20%.
- Regular Maintenance – Clean air filters and timely oil changes can improve mileage.
FAQs on Petrol & Diesel Price List
Q1: How often do petrol and diesel prices change in India?
Prices change daily at 6 a.m. as per the dynamic fuel pricing system.
Q2: Why are fuel prices higher in Mumbai compared to other cities?
Mumbai has one of the highest VAT rates on fuel, significantly increasing the final retail price.
Q3: How can I check the latest fuel prices in my city?
You can check the latest prices on oil marketing company websites or mobile apps like Indian Oil’s ‘Fuel@IOC’.
