Latest Petrol Price In India

The price of petrol in India varies from city to city, and is revised on a daily basis. Petrol price is influenced by several factors, including international crude oil price, exchange rate, and taxes.

In general, the price of petrol in India is relatively high compared to many other countries, primarily due to high taxes levied by the government. Today on May 1st, 2024 the price of petrol in Delhi is ₹94.72 per liter, while in Mumbai, it is ₹104.21 per liter.

International crude oil prices significantly impact the price of petrol in India. India imports a significant portion of its crude oil from other countries. The price of crude oil is determined by global demand and supply factors, including geopolitical tensions, production cuts by oil-producing countries and changes in the global economic landscape.

The exchange rate also plays a crucial role in determining the price of petrol in India. Since crude oil is traded in US dollars, any fluctuation in the exchange rate of the Indian Rupee against the US dollar can have a significant impact on the price of petrol.

To summarize, the price of petrol in India is influenced by several factors, including international crude oil prices, exchange rates and taxes levied by the central and state governments.

Read More

Petrol Prices in Metro Cities
(May 01, 2024)

State-wise List For Petrol Price

STATE PETROL PRICE CHANGE
Andaman and Nicobar Islands 82.42₹/L 0.00
Andhra Pradesh 108.55₹/L -1.18
Arunachal Pradesh 94.61₹/L +1.13
Assam 96.38₹/L -0.17
Bihar 106.92₹/L -0.20
Chandigarh 94.24₹/L 0.00
Chhattisgarh 101.52₹/L +0.58
Dadra and Nagar Haveli 92.51₹/L 0.00
Daman and Diu 92.39₹/L -0.95
Delhi 94.72₹/L 0.00
Goa 95.36₹/L -0.38
Gujarat 94.51₹/L -1.46
Haryana 95.33₹/L -0.13
Himachal Pradesh 92.98₹/L -0.79
Jammu and Kashmir 99.91₹/L +2.89
Jharkhand 99.10₹/L +0.93
Karnataka 100.69₹/L +0.19
Kerala 105.71₹/L -1.11
Madhya Pradesh 107.52₹/L 0.00
Maharashtra 105.37₹/L +1.49
Manipur 99.57₹/L +0.42
Meghalaya 94.92₹/L -1.39
Mizoram 95.65₹/L +1.86
Nagaland 96.17₹/L 0.00
Odisha 102.73₹/L +1.63
Pondicherry 91.87₹/L -2.99
Punjab 96.76₹/L -0.05
Rajasthan 105.52₹/L -0.15
Sikkim 100.85₹/L 0.00
Tamil Nadu 101.79₹/L -0.21
Telangana 107.48₹/L -1.93
Tripura 96.64₹/L -0.83
Uttar Pradesh 94.47₹/L -0.30
Uttarakhand 93.82₹/L -0.24
West Bengal 105.17₹/L +0.38
View All States Petrol Prices

Frequently Asked Questions (FAQs)

Despite getting cheaper oil from Russia, high taxes, refining costs, exchange rates, distribution and transportation costs, and government subsidies contribute to high oil prices in India.

Petrol Price in:

Andhra Pradesh 111.05₹/L

Kerala 109.71₹/L

Rajasthan 109.25₹/L

Madhya Pradesh 109.11₹/L