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- Fuel Price In India
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Looking for the latest fuel prices in India? Look no further! This page provides you with up-to-date information on fuel prices across major Indian cities (as of September 8, 2024). We understand fuel prices fluctuate, so we offer daily updates to help you find and compare fuel prices in and around your city. Today on September 8, 2024 the price of petrol in your city (New Delhi) is ₹94.72 per liter and the price of diesel is ₹87.62 per liter. These prices vary from city to city.
Fuel prices in India are revised by the government on a daily basis depending on international crude oil prices, exchange rate, and taxes since June 15, 2017. Price of fuel in India includes excise duty, value added tax (VAT), and dealer commission. VAT varies from state to state in India and after adding excise duty, dealer commission and VAT, the retail selling price of fuel gets nearly doubled in India.
STATE | PETROL | DIESEL | CNG |
---|---|---|---|
82.42₹/L
|
78.01₹/L
|
--
|
|
109.53₹/L
|
97.34₹/L
|
84.64₹/kg
|
|
93.13₹/L
|
82.43₹/L
|
--
|
|
97.87₹/L
|
90.10₹/L
|
85.00₹/kg
|
|
106.28₹/L
|
93.07₹/L
|
86.62₹/kg
|
|
94.24₹/L
|
82.40₹/L
|
88.30₹/kg
|
|
101.61₹/L
|
94.54₹/L
|
83.58₹/kg
|
|
92.69₹/L
|
88.18₹/L
|
75.94₹/kg
|
|
92.69₹/L
|
88.18₹/L
|
75.94₹/kg
|
|
94.72₹/L
|
87.62₹/L
|
75.09₹/kg
|
|
96.65₹/L
|
88.41₹/L
|
86.50₹/kg
|
|
94.85₹/L
|
90.53₹/L
|
79.02₹/kg
|
|
95.25₹/L
|
88.08₹/L
|
83.24₹/kg
|
|
94.54₹/L
|
86.77₹/L
|
87.11₹/kg
|
|
98.11₹/L
|
83.58₹/L
|
90.00₹/kg
|
|
98.59₹/L
|
93.33₹/L
|
85.59₹/kg
|
|
103.32₹/L
|
89.34₹/L
|
83.19₹/kg
|
|
106.38₹/L
|
95.32₹/L
|
86.50₹/kg
|
|
107.45₹/L
|
92.75₹/L
|
87.37₹/kg
|
|
104.69₹/L
|
91.21₹/L
|
84.32₹/kg
|
|
99.91₹/L
|
85.91₹/L
|
--
|
|
95.89₹/L
|
86.75₹/L
|
--
|
|
100.25₹/L
|
88.97₹/L
|
--
|
|
98.13₹/L
|
89.36₹/L
|
--
|
|
102.59₹/L
|
94.12₹/L
|
86.54₹/kg
|
|
93.76₹/L
|
83.84₹/L
|
74.50₹/kg
|
|
97.26₹/L
|
87.76₹/L
|
88.12₹/kg
|
|
105.57₹/L
|
90.97₹/L
|
86.58₹/kg
|
|
101.50₹/L
|
88.80₹/L
|
--
|
|
101.81₹/L
|
93.40₹/L
|
81.81₹/kg
|
|
108.11₹/L
|
96.30₹/L
|
93.25₹/kg
|
|
97.22₹/L
|
86.26₹/L
|
--
|
|
95.03₹/L
|
88.16₹/L
|
87.66₹/kg
|
|
94.03₹/L
|
88.93₹/L
|
89.50₹/kg
|
|
105.38₹/L
|
92.16₹/L
|
89.75₹/kg
|
This chart provides a comprehensive view of fuel price fluctuations in India's four major metro cities: Delhi, Chennai, Mumbai, and Kolkata. The data spans the last 10 days (as of Sep 08, 2024), allowing you to track the trends for petrol, diesel, and CNG prices.
Use the V3Cars Fuel Cost Calculator or apply this formula: Fuel cost = (Distance / Consumption) × Cost per gallon. Fuel cost = (Distance / 100 × Consumption) × Cost per gallon.
Fuel price in India is affected by many factors. Here are some of the key reasons why petrol and diesel prices may be relatively high in the country:
It is important to note that fuel prices may vary between states in India due to variations in taxes and local factors. The government regularly reviews and revises fuel prices based on market conditions and prevailing policy decisions.
Oil Marketing Companies (OMCs) such as Indian Oil Corporation (IOC), Bharat Petroleum Corporation Limited (BPCL), and Hindustan Petroleum Corporation Limited (HPCL) primarily determine retail fuel prices in India. These state entities control a significant portion of the fuel market in the country.
The Government of India introduced the dynamic pricing mechanism called the 'Daily Review of Fuel Prices' in June 2017, which led to daily changes in fuel prices in India.
Refineries are paid by Indian Oil Corporation for each litre of fuel, and subsequently, the corporation sells it to distributors at a higher rate than the amount paid to refineries. The retail price is determined by adding excise duty, dealer commission, and VAT to the selling price.
According to the brokerage, the companies have estimated a loss of Rs 1.2 per liter on the sale in the current quarter. However, the combined margin of both fuels has been made positive by a profit of Rs 6.8 per liter.