Petrol and diesel prices have a direct impact on the common man’s pocket. Every day, their prices fluctuations affect not only transport but also the prices of everyday things. Recently, the prices of petrol and diesel have been cut across the country since 18 April 2025, which has brought great relief to the general public.
This time the cut is special because it has been implemented simultaneously in the whole country and the reasons are also very important. Oil companies have given the benefit to customers due to the fall in crude oil prices in the international market and change in tax by the government. In this article, we will know how the prices of petrol and diesel decreases, what are the new prices, and what will be the effect on your pocket.
Petrol and diesel prices decreased: What is the main reason?
Petrol and diesel prices depend on many factors, such as crude oil prices in the international market, dollar-dollar exchange rate, central and state government tax, dealer commission etc. In April 2025, crude oil prices have come down to $ 65-78 per barrel, lower than the last few months. Apart from this, the government has also made a slight change in excise duty, which reduced the burden on oil companies and gave the customers the benefit.
When and how the new prices of petrol and diesel were implemented?
The country’s major oil marketing companies (OMCs) update the price of petrol and diesel every day at 6 am. On 18 April 2025, new prices have come into force across the country from 6 am. The cut of this time was around ₹ 2 per liter, due to which the prices of petrol and diesel have reduced by around Rs 80 or even in many cities.
Overview of petrol and diesel prices (table)
| Main point | Description |
| Date of implementation of new prices | 18 April 2025 |
| Average cut of petrol | ₹ 2 per liter (approx) |
| Average cut of diesel | ₹ 2 per liter (approx) |
| Petrol in Delhi | ₹ 94.77 per liter |
| Diesel in Delhi | ₹ 87.67 per liter |
| Petrol in Mumbai | ₹ 103.50 per liter |
| Diesel in Mumbai | ₹ 90.03 per liter |
| Crude oil prices | 65-78 dollars (International) |
| Prices change time | 6 am every day |
| Main reason | Crude oil price declines, tax change |
| Effect | Relief in the prices of transport, agriculture, everyday things |
Petrol-diesel prices: What is the new rate in your city?
Petrol and diesel prices are different in every state and city, as state governments apply VAT (VAT) according to their own. Below are new prices of some major cities and states:
Petrol-diesel prices in major cities (18 April 2025)
| City/state | Petrol (₹/liter) | Diesel (₹/liter) |
| New Delhi | 94.77 | 87.67 |
| Mumbai | 103.50 | 90.03 |
| Kolkata | 105.01 | 91.82 |
| Chennai | 100.80 | 92.39 |
| Hyderabad | 107.46 | 95.70 |
| Jaipur | 104.72 | 90.21 |
| Lucknow | 94.61 | 87.71 |
| Pune | 104.14 | 90.67 |
| Chandigarh | 94.30 | 82.45 |
| Indore | 106.48 | 91.88 |
| Patna | 105.58 | 93.80 |
| Surat | 95.00 | 89.00 |
| Nashik | 95.50 | 89.50 |
State-wise petrol and diesel prices (18 April 2025)
| State/Union Territory | Petrol (₹/liter) | Diesel (₹/liter) |
| Andhra Pradesh | 109.76 | 97.59 |
| Arunachal Pradesh | 92.66 | 82.20 |
| Assam | 98.53 | 89.76 |
| Bihar | 106.94 | 93.80 |
| Gujarat | 94.49 | 90.17 |
| Karnataka | 103.36 | 91.43 |
| Kerala | 106.08 | 95.04 |
| Madhya Pradesh | 107.50 | 92.82 |
| Maharashtra | 104.64 | 91.18 |
| Odisha | 102.52 | 94.07 |
| Rajasthan | 104.36 | 89.88 |
| Tamil Nadu | 102.05 | 93.65 |
| Telangana | 108.83 | 97.10 |
| Uttar Pradesh | 94.75 | 87.84 |
| West Bengal | 106.24 | 92.96 |
| Andaman and Nicobar | 82.46 | 78.05 |
How are the prices of petrol and diesel fixed?
Many factor work in fixing the prices of petrol and diesel:
- International crude oil prices: When crude oil prices are low, petrol and diesel can also be cheap.
- Dollar-Rupaya exchange rate: Crude oil is purchased in dollars, so prices change even when the rupee is stronger or weak against the dollar.
- Government Tax: Central Government Excise Duty and State Governments impose VAT, which makes the rate different in each state.
- Dealer Commission and Transportation: Petrol pump owners’ commission and the cost of transporting oil from one place to another is also added to the price.
- Daily Pricing System: Since 2017, the price of petrol and diesel is updated in the country at 6 am every day, due to which the impact of international market fluctuations is immediately visible.
The effect of decreasing the price of petrol and diesel
Impact on general public
- Transport cheaper: Petrol and diesel being cheaper may reduce bus, taxi, auto and truck fare.
- Everyday things: Due to cheap transport, the prices of things like vegetables, fruits, grains, milk can get relief.
- Agricultural sector: Farmers use diesel in tractors, pumpsets etc., which will reduce the cost of farming and can also reduce the prices of grain.
- Industry: Diesel generators are used in many industries, which can reduce production costs.
Impact on government and economy
- Inflation rate: Petrol-diesel is cheaper, transport and production costs will be reduced, which can provide relief in inflation.
- Revenue: Tax cuts may affect the government’s revenue, but the general public gets relief.
- Effect on voters: The direct impact of prices in the election season is also seen on the mood of voters.
Reasons behind changes in petrol and diesel prices
- Recession in the international market: The demand for crude oil declined due to global recession and trade war, causing prices to fall.
- Government intervention: Governments reduce tax and provide relief to the public in the election season.
- Rupee strong: Crude oil is cheaper than the rupee is stronger against the dollar.
- Morgine of oil companies: Reduction by the government reduces the burden on companies and they can reduce prices.
Who benefits the most from petrol and diesel being cheaper?
- Medium and low income group: For which the budget of transport and kitchen is important.
- Farmers: There is a large consumption of diesel in farming.
- Small traders: Definition may increase due to decrease in transport costs.
- Passenger: Travel will be easier due to low bus, taxi, auto fare.
Petrol and diesel prices fall: Future possibility
- Crude oil prices: If crude oil prices fall further in the international market, then there can be relief further.
- Government Policy: Taxes or prices may increase again after elections, so this relief can also be temporary.
- Demand and Supplies: Prices can go up again when demand increases or decreases supply at globally.
Frequently asked questions on petrol and diesel prices (FAQs)
1. Do petrol and diesel prices change everyday?
Yes, from 2017, the price of petrol and diesel is updated in the country at 6 am every morning.
2. Why do petrol and diesel prices are separated in every state?
Each state government imposes its own VAT (VAT), which causes prices to vary.
3. What can be cheaper than petrol and diesel being cheaper?
Transport, vegetables, fruits, grains, milk, taxi-auto fare and cost of farming can be relieved.
4. How long can prices be low?
As long as crude oil prices are low and the government does not increase tax, then there can be relief.
5. Have prices been reduced due to elections?
Many times in the election season, governments reduce tax and give relief to the public, but the direct answer is policy.
conclusion
From 18 April 2025, the general public has got a big relief due to the cut in petrol and diesel prices. This relief has been possible due to the fall in international prices of crude oil and the change in tax by the government. Petrol and diesel prices are updated everyday and state wise vary. Due to decrease in prices, the price of transport, agriculture and everyday things will be directly affected. However, this relief can also be temporary, as prices may rise again according to the global market and government policy. So keep these things in mind while planning your budget.
Disclaimer
This article is based on the prices and news of petrol and diesel available on 18 April 2025. Petrol and diesel prices vary everyday and can vary from state wise. Please check the latest rate by visiting the petrol pump of your city or from the official website. Prices cuts are often seen in the election season, but this relief is not permanent. The information given in the article is only for general information, before any financial decision, consult an expert or concerned department.
