Petrol and diesel prices are always a topic of discussion in the country. This is an important issue for the general public as fuel prices directly affect their daily lifestyle and expenses. Since 18 February 2025, new rates of petrol and diesel are being implemented, which are going to give relief to people. In this article, we will give you these new rates, their effects and other information related to it.
New rates of petrol and diesel: What changed?
Since 18 February 2025, there has been no major change in the prices of petrol and diesel. However, the impact of the fall in crude oil prices in the international market is gradually visible. Oil companies across the country have released new rates, which are as follows:
| City | Petrol (₹/liter) | Diesel (₹/liter) |
| Delhi | 94.72 | 87.62 |
| Mumbai | 103.44 | 89.97 |
| Kolkata | 103.94 | 90.76 |
| Chennai | 100.85 | 92.44 |
| Bengaluru | 102.86 | 88.94 |
| Lucknow | 94.65 | 87.76 |
| Patna | 105.18 | 92.04 |
| Chandigarh | 94.24 | 82.40 |
Why are petrol and diesel prices?
- Stability in the international market: Crude oil prices have recently remained between $ 71- $ 75 per barrel. This has reduced the pressure on the domestic market.
- Government’s tax policy: The government has not made any major changes in tax on petroleum products.
- Balance of demand-support: Fuel demand and supply remains balanced, which makes prices stable.
- Budget effect: Even after the Union Budget, the government has tried to keep the fuel rates stable.
When were the previous changes?
Petrol and diesel prices changed for the last time in March 2024. At that time prices were reduced to ₹ 2 per liter. Since then, oil companies have kept prices stable.
Impact of international market
Crude oil prices in the global market affect the Indian fuel market. Recently, crude oil prices have fallen to $ 71 per barrel, lower than the previous months. Indian consumers can benefit from this.
Petrol and diesel rates in metros
Petrol and diesel prices vary in major cities of the country. It depends on the tax imposed by the state government. Below are the rates of some major cities:
- Delhi: Petrol ₹ 94.72, Diesel ₹ 87.62
- Mumbai: Petrol ₹ 103.44, Diesel ₹ 89.97
- Kolkata: Petrol ₹ 103.94, Diesel ₹ 90.76
- Chennai: Petrol ₹ 100.85, Diesel ₹ 92.44
What to do consumer?
- Save fuel: Adopt fuel consumption measures while driving.
- See daily updates: Oil companies release new rates every morning. Don’t forget to check them.
- Keep an eye on government policies: Tax deduction or subsidy in future can provide relief.
future prospects
Experts believe that if crude oil prices fall further in the international market, fuel in India can also be cheaper. Apart from this, if the government reduces tax then consumers will get more relief.
Disclaimer:
This article is written only for the purpose of providing information. The information given in it is based on the correct sources, but do check at your level before taking a final decision.
