Fueling Your Day: Unchanged Petrol and Diesel Prices Across India's Metros

In a period marked by economic fluctuations, commuters and businesses across India continue to benefit from stable fuel prices. As of September 23, the rates for both petrol and diesel in major Indian cities have remained constant, offering a predictable cost for daily travel and logistics. This stability is largely attributed to the central government's proactive measures, particularly the excise duty cuts implemented on May 21, 2022, which have buffered consumers from the volatility of international crude oil markets.

For residents of the capital, New Delhi, petrol is priced at Rs 96.72 per litre, while diesel stands at Rs 89.62 per litre.

The financial hub of Mumbai sees petrol at Rs 106.31 and diesel at Rs 94.27. In the southern metropolis of Chennai, commuters are paying Rs 102.63 for petrol and Rs 94.24 for diesel. Kolkata, in the east, maintains petrol at Rs 106.03 and diesel at Rs 92.76.

Beyond the four major metros, other significant cities also reflect this consistent pricing trend.

In the tech capital Bengaluru, petrol is available at Rs 101.94 per litre and diesel at Rs 87.89. Hyderabad's rates are Rs 109.66 for petrol and Rs 97.82 for diesel. Jaipur in Rajasthan shows petrol at Rs 108.48 and diesel at Rs 93.72. Meanwhile, in Uttar Pradesh, Lucknow reports petrol at Rs 96.57 and diesel at Rs 89.76, and Noida's prices are Rs 96.65 for petrol and Rs 89.82 for diesel.

Gurugram, near Delhi, offers petrol at Rs 97.18 and diesel at Rs 90.05.

The price of fuel in India is a dynamic calculation influenced by a multitude of factors. These include the global price of crude oil, the exchange rate of the Indian Rupee against the US Dollar, the central government's excise duty, state-specific Value Added Tax (VAT), and dealer commissions.

While international crude oil prices can fluctuate daily, the government's intervention in May 2022 has largely shielded domestic consumers from these changes, providing a much-needed period of price stability. This consistent pricing empowers millions, allowing for better financial planning and reducing the burden of unpredictable transportation costs in their daily lives.