Petrol and diesel prices have a profound impact on the Indian economy and the life of the general public. This is not only necessary for transport and industries, but is also associated with every person’s daily needs. New rates of petrol and diesel have been implemented since 26 February 2025, which is expected to provide some relief to people. In this article, we will discuss the changes in the prices of petrol and diesel, its causes and effects in detail.
New rates of petrol and diesel: Overview Table
| City | Petrol (₹ per liter) | Diesel (₹ per 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 |
| Gurugram | 95.19 | 88.05 |
| Patna | 105.18 | 92.04 |
The reason for the fall in petrol and diesel prices
- Crude oil prices fall in international market
Recently, crude oil prices in the global market have been stable around $ 80- $ 85 per barrel. This has reduced the cost of fuel in India. - Excise duty cut by government
In the budget 2025, the government decided to reduce the excise duty on petrol and diesel, which reduced their prices. - Demand and supply balance
There is a balance between fuel demand and supply in the country. This has helped to keep prices stable.
Fresh price of petrol and diesel in metros
Petrol and diesel prices in the major metros of the country are as follows:
- 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
When were the previous changes?
Since March 2024, there was no major change in the prices of petrol and diesel by oil companies. At that time, the price of both petrol and diesel was reduced by ₹ 2 per liter. Since then prices were almost stable.
Impact of fall in prices
- Relief to general public
Due to cheap petrol and diesel, transportation costs will be reduced, which can also reduce the prices of everyday things. - Inflation control
Being cheap fuel has a positive effect on inflation. This provides stability to the economy. - Benefits of industries
Industries will benefit from low transport and production costs. This can increase employment opportunities.
How to check your city rate?
If you want to know the price of fresh petrol and diesel in your city, then adopt this process:
- Indian oil customers can send SMS to 9224992249 by writing RSP
. - BPCL customers can message 9223112222 by writing RSP.
Will there be more relief in future?
Experts believe that if the international prices of crude oil remain stable and the government reduces tax rates, then fuel prices may decrease further in the coming months. In the budget 2025, many positive steps have been taken in this direction.
Benefits of petrol and diesel being cheaper
- Transport costs will be low.
- Everyday items like vegetables, grains etc. can be cheap.
- Industrial production costs will decrease.
- Inflation will be controlled.
Disclaimer:
This article is written only for the purpose of providing information. The new rates declared by the government are based on reality. Please use the official information of the respective oil companies to find out the latest price of your city.
