Petrol and diesel prices in India are always a topic of discussion. Recently, from 8 April 2025, there has been news of relief in petrol and diesel prices. The central government has increased excise duty, but it will not affect consumers. In this article, we will know how this change happened, the reasons behind it, and what are the new prices in your city.
Petrol-DIESEL Pries Update: Key Details
Below is a brief description of this change through a table:
Description | Information |
date | 8 April 2025 |
Excise duty hike | Petrol: ₹ 2/liter, diesel: ₹ 2/liter |
New excise duty rates | Petrol: ₹ 13/liter, diesel: ₹ 10/liter |
Effect on consumer | no changes |
Global oil price | $ 60 per barrel (approx) |
Previous deduction | March 2025 |
New prices of petrol and diesel in your city
The new prices implemented from 8 April 2025 are given below. These prices are for major cities:
City | Petrol (₹/liter) | Diesel (₹/liter) |
New Delhi | ₹ 94.77 | ₹ 87.67 |
Mumbai | ₹ 103.50 | ₹ 90.03 |
Chennai | ₹ 100.80 | ₹ 92.39 |
Bengaluru | ₹ 102.98 | ₹ 88.99 |
Hyderabad | ₹ 107.46 | ₹ 95.70 |
Kolkata | ₹ 105.01 | ₹ 91.82 |
Reason for excise duty hike
The government has announced an increase in excise duty on petrol and diesel. Many reasons account for this:
- Global oil price decline: Internationally crude oil prices have declined drastically. Both Brent crude and WTI crude touched their lowest level after April 2021.
- Revenue stability: The government has taken this step to increase revenue, so that social welfare and infrastructure projects can be funded.
- No effect on consumer: Oil companies have been instructed to keep retail prices stable.
Will consumers be affected?
The government has clarified that this increase will not be loaded with consumers. Oil companies will accommodate this growth with their margin.
Main point:
- There will be no increase in retail prices.
- If global oil price increases in future, it can have an effect.
Comparison of major cities
Petrol and diesel prices of various cities are given below:
City | Petrol (₹/liter) | Diesel (₹/liter) |
Pune | ₹ 104.04 | ₹ 90.57 |
Jaipur | ₹ 104.72 | ₹ 90.21 |
Lucknow | ₹ 94.69 | ₹ 87.80 |
Indore | ₹ 106.48 | ₹ 91.88 |
Patna | ₹ 105.58 | ₹ 93.80 |
Effect of global oil market
The fall in crude oil prices internationally gave India an opportunity to increase excise duty.
- Brent crude: $ 63 per barrel
- WTI Crude: $ 59 per barrel
This decline is due to the trade war between the US and China, affecting the global demand.
Government’s approach
Union Petroleum Minister Hardeep Singh Puri said that this step has been taken to increase revenue without affecting consumers. He also indicated that further cuts in fuel prices may be possible in future.
Opposition stance
Opposition parties have criticized the government’s move, calling it “injustice to the public”. He says that when oil is becoming cheaper internationally, its benefits should be delivered to the public.
conclusion
There will be no change in petrol and diesel prices from 8 April 2025, although excise duty has been increased. This step has proved to be relieving consumers as retail prices will remain stable.
Disclaimer:
This information is based on government notification and media reports. The reality is that retail prices will not have any effect right now, but the situation can change when global oil price increases in future.