Crude Oil Consumption in India
In 2023, India consumed around 220 Million Metric Tonnes of crude-oil or petrol products. Petrol rates in India is one of the significant factors that directly or indirectly impact a huge level of population, regardless of them not acknowledging the fact. India's fuel consumption is on a rise consistently and in May 2023 reached an all time high as per reports by the end of the year. This festive season in India, passenger vehicle sales sky-rocketed breaching the million mark and despite increase of 85% in the used car segment.
As per the data, more than 80% of Indians have opted for petrol vehicles, which indicates the strong demand and consumption for the country ahead. Maximum number of purchases were made by individuals below of the age of 35, which ensured that almost Rs. 4.7 crore was disbursed daily during the year for vehicle loans by just one major car selling platform in India. The increasing funding and convenient option of EMI payments predict a surge in fuel-based vehicle purchases despite availability of EV. The availability of other options have failed to impact petrol consumption and petrol prices in India hold a firm grip.
Factors Impacting Petrol Prices in India
The critical nature of petrol for a developing economy like India would hold on to the have an upward trend for consumption as well as imports. If the imports for crude oil increases, so would be the end-user petrol rate in India. However, major investments are made for refining sector and exploration, which would stabilise for internal supply rather than global. Following factors generally impact the petrol prices in India:
Domestic Usage of Petrol
The total consumption for petrol increases every year with increasing vehicle sales, as a basic economic indication, the higher the demand, the cost would also increase according to it.
The scarcity and controlled availability of petrol would increase the cost, fuelled with inflation and other aspects. If there is a disruption in supply, petrol prices are impacted adversely, while on the other hand if supply increases by internal production, prices would be stable.
Revenue Collection For Government
The tax collected through numerous levies and charges imposed on both businesses and consumers in fuel sector is the largest source of income for Indian government treasury. When the central ministry decides to increase the revenue generation from petrol prices in India, The domestic rates within the country would be also impacted as per those decisions.
Government Regulations
In India, government have strong intervention in fuel prices pertaining to the essential nature of the product and its vivid variations used in countless sectors. Moreover, if the ruling government decides for an expectation of higher votes in the coming election, petrol prices in India would be pull down in favour of the consumers. In contrast, if the central government decides to get more revenue for treasury earnings, a slight hike in petrol rates in India is expected.
Global Aspects
Internationally petrol holds significance for many developed and developing economies, which also fluctuates strongly as per the geopolitical relations between the importing and exporting countries. However, if there are any war escalations between countries that fall in the trading route of India, also have a directional push for petrol prices in India. The recent war in 2023 by Russia increased the demand for oil globally and the countries that barred Russian oil witnessed huge spike in rates. Petrol rates in India were unaffected since Indian government allowed trading Russian crude oil.
Daily Petrol Prices Revision in India
Daily petrol prices revision is a better proposition for a number of reasons. The first and the foremost is that it allows you to easily absorb the changes in daily petrol prices in India by a few paise.
When petrol prices are revised or changed every fortnight there is a big variation in prices, which puts great additional pressure on the consumer.
In India, petrol prices are revised by the oil marketing companies like Indian Oil, Bharat Petroleum and Hindustan Petroleum based on the international prices. So, when international crude oil prices gain, petrol prices in India move higher and so on. On the other hand, if crude oil prices in the international markets drop, we see a fall in daily or today's petrol prices in India. In any case, we are providing our readers with the daily petrol prices, so they can plan their requirements of filling petrol accordingly.
Factors affecting Todays Petrol Price In India
Cost of Crude Oil – The change in the price of crude oil in the international market directly influences the price of crude oil in the domestic market; this is one of the most important factors responsible for an increase in petrol prices in Indian domestic market. Increase in international demand, low production rate and any political unrest in the crude oil producing countries of the world severely affects petrol price.
Increased Demand – Economic growth in India and other developing countries has also led to the increase in demand for the petrol and other essential fuels in India. The number of people who own private vehicles has gone up in the recent past which has contributed to the increase in demand for petrol in India; this has resulted in the hike in petrol prices in India.
Mismatch of Supply & Demand – Oil refinery companies in India face problem to meet the demands of the market due to the high cost of input price of crude oil thus resulting in less supply and more demand for petrol in the country.
An increase in supply results in a decrease in the price of the petrol and vice versa. Oil refining and marketing companies maintain crude oil inventory up to six weeks, which also influences the price of the petrol and petroleum products.
Tax Rates – The prices of petrol and other petroleum products varies according to the local government policies which impose taxes on fuels. As and when the government of India raises tax rates on fuels the oil companies in India also increases the price of the petrol to recover losses and maintain marginal profits in the oil business in India.
Rupee to Dollar Exchange Rate – The rupee-dollar exchange rate is also one of the major factors which influence the price of petrol in India. Indian oil companies pay to the oil imported from other countries in terms of dollars, but their expenses are regarding rupee. So, when the price of the crude oil is in the fall but the rupee is also weak against the dollar then it will reduce the gains to the oil refiners. On the other hand, when the rupee strengthens against the dollar and the price of the crude oil is in the fall, then the oil companies tend to gain.
Logistics - Logistics is one of the significant factors in pricing retail fuel. Petrol and diesel transported to longer distances to cities or regions farther from depots will be priced higher than the places nearer to the oil companies storage area. The reason behind the change in the prices of petrol in different cities across India. This difference may be huge between cities that are far from each other. For example, petrol price in Delhi is Rs.72.38 per liter on January 24, 2018, and the same petrol price is Rs. 80.25 per litre in Mumbai.
Various taxes that impact petrol prices in India
The fear linked to the rise of petrol prices in India seems to be never ending. Do we blame crude oil for these steep prices hikes? Or, is the root cause something different? Well, the answer lies in the fact that while crude oil continues to remain cheaper, it is the taxes levied by the state and central governments which are actually responsible for the ever rising petrol rates.
If studies are to be followed, it would be quite simple to associate the tax factor to the steep hike in petrol prices. Since May 2014, there has been a successive increase in excise duties. Data reveals that as of November 2014, there has been a 54 percent increase in the excise duty on petrol.
In spite of the government slashing excise duty on petrol according to the Budget 2018, yet there seems to be no downward curve when the price of petrol is taken into consideration. This is due to the introduction of Rs. 8 per litre as Road Cess.
Daily price revision of petrol has begun from 16th June this year. It has been observed that the price rise has happened gradually. As petrol does not fall under GST, the price of it varies across states. However, when considering the cost & freight prices along with the excise duty, dealer commission, applicable VAT, etc, it has been found that the taxes on petrol sums up to be more than its actual cost.
Although, presently crude oil has become much cheaper compared to what it had been way back in 2014, it is the collective taxes levied by the state and the central government that has caused the petrol prices to rise to what it had been in 2014, the highest till date.
Despite promises from the government regarding rolling back the taxes, we are yet to see some positive efforts on this front.
How Petrol Prices Today in India are calculated?
Petrol prices are a function of many things. Among these include the average of the India crude basket, to which is added a host of taxes including value added tax, central excise etc.
At the moment, we have the excise duty levied by the government, which is a staggering Rs 21 per litre. Should this be reduced we might get some respite from very high retail level of fuel and diesel.
The value added tax, differs from state to state. In cities like Mumbai and New Delhi the value added tax is very high, which has resulted in an extremely high prices for both petrol and diesel.
In India, retail prices are determined by the oil marketing companies, bearing all these things in mind. So, the retail price of petrol in India today is determined by the Indian Oil Marketing Company, which is the largest oil marketing company in the country.
For example, it releases the price of petrol everyday at 6 am, wherein it is revised at the petrol pumps in the country. The private sector petrol pumps like Shell also determine their own prices, though they tend to be higher than that of Indian Oil Company, BPCL and HPCL.
Why petrol prices today are expensive in India?
The fuel is one of the costliest, when compared to neighboring countries like Pakistan, Bangladesh and Sri Lanka. It maybe recalled that petrol and diesel prices were earlier subsidized by the government, but, the same were aligned to market prices.
However, the government has over the years added to excise duty on petrol, which has made it horribly expensive for consumers.
The one reason why excise is added before petrol is retailed at the fuel stations is to mop-up additional resources for social schemes.
However, this leave the common burdened with additional rates on the fuel.
The government is looking at the possibility of reducing petrol prices over the longer term, however, it would need to find more longer term mechanisms to do so. One of them is to add some taxes onto Oil and Natural Gas Corporation, which is an oil exploration company. However, these maybe all temporary measures and one needs to find a more durable long-term solution.
Where and how to check petrol prices in India today?
You can check petrol prices in India, in a number of ways. The most popuar way is to send an SMS. For example, if you are at an HPCL pump you can send an SMS to: HPPRICE DEALER CODE and send it to 9222201122.
For Indian Oil Corporation or IOC send SMS to: Type: RSP DEALER CODE and send it to 9224992249.
You can also go online and check a number of websites, that provide you daily rates of the fuel. Remember, that Indian Oil the country's largest retailer revises fuel prices everyday at 6 am in the morning. So, you are able to check live petrol price everyday after this time.
It is also important to note that bulk of the fuel is supplied by the government owned oil refining companies, including the likes of Indian Oil, Bharat Petroleum and HPCL. There are other private retailers like Shell, which also retail fuel at a slightly higher price.
Brands of Petrol Pumps in India
India which mainly depends on imports for fuel sells fuels and lubricants for vehicles across the petrol bunks or petrol pumps which are spread across the length and breadth of the country. The largest oil and gas company in India – Indian Oil Corporation (IOC), owns most of the filling stations and it is followed by Hindustan Petroleum (HP) and Bharat Petroleum (BP).
There are six brands of petrol pumps which are currently active in India. They are:
- Indian Oil Corporation
- Hindustan Petroleum
- Bharat Petroleum
- Shell
- Reliance Petroleum
- Essar Oil
1. Indian Oil Corporation
The Indian Oil Corporation (IOC) is one of the biggest oil company in India. It is owned by the government of India and is valued as the most profitable company in the country. IOCL mainly operates most of the petroleum market share through its filling stations, Servo Lubricant oils, natural gas. Apart from this, it also provides electric charging stations for electric vehicles at its filling stations.
2. Bharat Petroleum
Bharat Petroleum is the second-largest oil and gas company in India and stands next to IOCL. It has its refineries located in Kochi and Mumbai. The fuel filling stations of Bharat Petroleum provides world-class services to its customers across the country.
3. Hindustan Petroleum
Hindustan Petroleum or HPCL is one of the most trusted brands of fuel filling stations in India. The firm operates two of the major refineries in the country and produces an array of petroleum fuels.
4. Shell
Shell, which is operated by Royal Dutch Shell currently has over 100 filling stations in India. Known for its superior quality of fuel, the company has plans to expand the number of petrol filling outlets across many centres in the country.
5. Reliance Petroleum
Owned by the Indian conglomerate, Reliance Industries, Reliance Petroleum is one of the largest private sector oil firms in India. Its Jamnagar refinery is touted as one of the largest refineries in India.
6. Essar Oil
Essar Oil is part of the Essar Group which was earlier known as Nayara Energy. As of now it has over 1,400 petrol pumps located across India and has plans for expanding its presence by setting up more pumps in the country.
Oil Imports in India
India mainly depends on imports when it comes to oil and gas. The country imports close to 82.8% of crude oil and 45.3% of natural gas to meet the domestic requirements. The country’s net foreign exchange for the fiscal year 2017 – 2018 stood at $63.305 billion due to import of crude oil. The country generated around 35.2 million tons of petrol and its related products from indigenous crude oil production whereas the consumption of petroleum and its substitute products stood at 204.9 million tons.
Due to the heavy import of fuel, India occupies the third position when it comes to consumption of oil after the U.S. and China.
Inadequate reserves of petroleum in the country has forced India to depend on imports. The country is slowly turning to use its renewable resources such as wind, solar, biomass, hydroelectric power and so on to achieve energy sufficiency in coming days as it plans to replace the use of petroleum products which contributes greatly towards air pollution.
What is the Chemical Formula of Petrol?
Petrol, fuel, is a liquid combination derived from a petroleum source. The liquid mixture consists of predominantly aliphatic hydrocarbons. This liquid is enhanced by the addition of aromatic hydrocarbons like benzene and toluene. The addition of aromatic hydrocarbons will increase the octane ratings.
The octane ratings refer to the measure of the fuel’s ability to resist knock, which happens when an engine’s cylinder ignites prematurely.
Hence petrol has a basic chemical formula due to the presence of a mixture of several compounds which are blended as per the requirements.
The Chemical Formula of Petrol is CnH2n+2.
How is Crude converted into finished products?
Crude oil or crude is often a dark, sticky liquid which cannot be used as it is without changing it.
Usually, crude oil is a mixture of different chemicals known as hydrocarbons. Hence, the first and foremost part of refining crude oil is the heating process. The crude oil will be heated until it boils. The boiling liquid will be separated into different liquids and gases in distillation columns. After this process, the liquids will be used to make paraffin, petrol, diesel fuel and so on.
The boiling process will turn the oil into a mixture of gases in the column. The gases flow up the column – the hottest will remain at the bottom and the cooler one at the top. These gases will cool down as they go up the column until they condense to turn back into liquid form again. Now, the separated liquids and gases will be cleaned and subjected to further processing, to make many other sub-products.
Petrol Demand in Rural India this Year
The demand for petrol in rural India has been continuously rising due to the increasing use of petrol-based machinery in various sectors. This is particularly noticeable in agriculture, where there has been a significant transition from manual labor to mechanized operations. As the reliance on machinery powered by petrol has become a necessity for farmers to optimize productivity, the demand for petrol has consequently surged.
With the ongoing economic development in rural areas, the adoption of mechanized techniques has become crucial to boost agricultural outputs. The shift towards petrol-based machinery has proven to be more efficient and time-saving, leading to increased agricultural production and improved livelihoods for rural communities. However, this shift has also led to a higher demand for petrol, as the usage of machinery continues to expand and diversify in various sectors, contributing to the overall development of rural India's economy.
Another factor contributing to the increased demand for petrol in rural India is the improved road connectivity that has been witnessed in recent times.
The rural areas have witnessed substantial growth in their road infrastructure, which has led to a significant increase in the number of vehicles, including both two-wheelers and four-wheelers. Since these vehicles predominantly rely on petrol as their fuel source, it has consequently led to a notable surge in the consumption of petrol in these regions.
The improved road connectivity has resulted in greater accessibility and connectivity for the rural population. As a result, more people now rely on personal vehicles for transportation, leading to a proliferation of petrol-powered vehicles. This rise in mobility has not only increased the demand for petrol but has also resulted in a higher consumption rate of this fuel in rural India. Hence, the growth in road infrastructure plays a crucial role in the surging petrol demand in rural areas.
Being a developing economy, India is the third largest consumer of crude oil globally and about 96% of the consumption is imported. The volume of petrol products consumed in India for 2023 stood at 164 million metric tonnes. Almost all the petrol produced and circulated in the country is poured in the transport sector alone. The high dependency of fuel and crude oil for petrol production makes international fuel prices impact the local petrol prices in India today.
On average in India, the two-wheeler segment contributes more than 60% in the total demand, followed by cars and three-wheeler. Since the petrol rates in India today are deregulated, a sudden hike in the rates would have serious implications for disposable income of common men. States with exceeding number of two-wheeler than cars generally have higher consumption and depending on these factors, India petrol rates vary from as per the state regulation and taxes collected.
What Aspects Are Affecting Today Petrol Prices In India?
The strong connectivity and inter-dependency for trades in the modern world today have lead to numerous factors have either a positive or negative impact on petrol prices in India today.
As far the basic economics is concerned, whenever there is an increase in demand locally, the prices are evident to get impacted as the supply would remain the same against it. In contrast when there is an increase in supply due to multiple reasons, petrol rates in India today might fall slightly.
Since the consumption of petroleum products is high in India and the necessity for the fuel has direct implications on savings of the middle class population, the government intervenes multiple times to ensure there is stability in petrol prices in India today. If the government enters in a trade agreement with crude oil or petrol exporting country for reduced customs and other levies, then there is a fortunate decrease in India petrol rates today.
On the other hand, if there are geopolitical tensions in global powers or conflicts escalate in crude oil exporting countries, then there are chances of international demand to hike amidst uncertainties and the collective procurement of crude oil can uplift the per barrel prices for it. Hence, these changes at global levels can push for petrol rates in India to have a mirroring effect if the volatility in prices is high.
Another significant aspect that can either hike or pull down India petrol rates today is government regulations. The revenue generated from fuel tax collection is one of the highest in India, which gets impacted from the fuel rates across the country. If the government of India feels there is a requirement to increase the treasury revenue, a slight increase in custom charges and levies over petroleum products can attract exponential tax collection. Hence, if recently there is a tax rate increases in fuel, a hike is expected for petrol rates in India today.
When financial markets around the globe are lurking around with uncertain sentiments posted by economic turmoil, stagflation or recession, investors would exit their holdings and flock over alternative instruments for their investments including crude oil, commodities and safe-haven metals.
If investors predict there is a growth in crude consumption ahead, collective buying positions of the traders can force the prices globally to sky-rocket. Ultimately the rise at international levels can facilitate for local petrol prices in India to follow the trend accordingly.
Petrol Prices Across the Region
Petrol prices were revised daily in India with effect from June 15, 2017. This was a marked departure from the earlier practice of revising petrol prices every fortnight.
For instance, compared to India, petrol prices in countries like Pakistan and Bangladesh are lower. This is partly because these countries have different taxation policies on petroleum products. In contrast, countries like Nepal and Bhutan witness petrol prices that are somewhat comparable or even higher than in India, due to their landlocked geography which affects transportation costs and their dependence on India for petroleum imports.
The following table outlines the petrol prices in India and its neighboring countries, offering a clear comparison:
Country Petrol Price (per litre, in local currency) India Approx. 100-105 INR Pakistan Approx. 150 PKR Bangladesh Approx. 89 BDT Nepal Approx. 110 NPR Bhutan Approx. 65 BTN
It's important to note that the petrol prices are subject to fluctuate based on global oil price changes, domestic policy adjustments, and currency valuation shifts. These factors collectively make petrol pricing a dynamic component of the region's economies.
Economic and Policy Implications
The higher petrol prices in India not only reflect the country's tax policy but also highlight the broader economic challenges of managing inflation and promoting sustainable growth. The government has often defended high fuel taxes as a necessary measure to finance public spending without exacerbating fiscal deficits. However, critics argue that this places an undue burden on consumers and impacts the cost of living and doing business in India.
In contrast, neighboring countries with lower petrol prices face their own set of challenges.
For example, lower tax revenues from petrol can limit government spending on essential services and infrastructure development. Thus, each country's approach to petrol pricing reveals a balancing act between generating revenue, controlling inflation, and ensuring economic stability.
Ultimately, the variation in petrol prices across India and its neighbors underscores the complexities of economic policy-making in a region characterized by diverse economic landscapes. As global oil prices continue to exhibit volatility, the impact on regional petrol prices and, by extension, on the economies and consumers of these countries will be closely watched by policymakers and analysts alike.
Overview of Petrol Price Trends in India
Petrol prices in India have seen notable fluctuations over the years. The rates are influenced by global crude oil prices, currency exchange rates, and domestic taxes. For consumers, understanding the factors driving these changes is crucial.
Factors Affecting Petrol Prices
One of the primary drivers of petrol prices is the cost of crude oil. As India imports most of its oil, international market trends significantly impact local prices. For instance, when crude oil prices rise globally, Indian prices follow suit.
Currency exchange rates also play a role. A stronger rupee can offset rising international oil prices, while a weaker rupee can make imports more expensive. This dynamic directly affects the cost at the pump.
Domestic taxes are another significant factor. Both central and state governments levy taxes on petrol, which adds to the final retail price. Changes in tax rates can lead to immediate price adjustments.
Recent Trends and Predictions
In recent years, petrol prices have been on an upward trajectory. This is due to a combination of rising global crude prices and a depreciating rupee. Analysts predict that these trends may continue if current global economic conditions persist.
Experts also highlight the potential for policy changes. Government interventions, such as tax adjustments or subsidies, could alter the price landscape. However, predicting these changes remains challenging.
Impact on Consumers
Rising petrol prices directly impact consumers. Higher fuel costs increase transportation expenses, which can lead to a rise in the prices of goods and services. Understanding these potential impacts can help consumers plan their budgets better.
Conclusion
The future of petrol prices in India hinges on multiple factors, including global oil trends, currency fluctuations, and domestic policies. Staying informed about these elements will help consumers navigate price changes effectively.
How Government Taxes Shape Petrol Prices in India
The price of petrol in India is influenced by various factors, with government taxes and duties playing a significant role. These taxes include excise duty levied by the central government and Value Added Tax (VAT) imposed by state governments. Together, they form a substantial portion of the retail price of petrol.
Central Government Taxes
The central government imposes excise duty on petrol. This tax is uniform across the country and contributes significantly to the revenue. As of now, the excise duty on petrol stands at Rs 32.90 per litre. This amount is fixed and does not vary with changes in crude oil prices.
State Government Taxes
State governments levy VAT on petrol, which varies from state to state. For instance, Maharashtra charges 26% VAT plus an additional Rs 10.12 per litre as cess. In contrast, Delhi imposes a VAT of 30%. These variations lead to different retail prices across states.
Impact on Retail Prices
The combined effect of central excise duty and state VAT results in high retail prices for petrol. For example, if the base price of petrol is Rs 40 per litre, adding Rs 32.90 as excise duty and varying VAT rates can push the final price to over Rs 100 per litre in some states.
Global Crude Oil Prices
While taxes play a major role, global crude oil prices also impact petrol prices in India. When crude oil prices rise, the base price of petrol increases, leading to higher retail prices even before taxes are added.
Government Revenue
The revenue generated from these taxes is crucial for both central and state governments. It funds various development projects and social welfare schemes. However, high taxes also burden consumers, leading to calls for tax reductions.
Recent Trends
In recent years, there have been fluctuations in petrol prices due to changes in global crude oil prices and adjustments in tax rates by governments. The COVID-19 pandemic also affected demand and supply dynamics, influencing prices further.
Consumer Impact
The high cost of petrol affects consumers directly by increasing transportation costs. It also has an indirect impact on the prices of goods and services, contributing to overall inflation.
Future Outlook
The future of petrol pricing in India will depend on global oil market trends and government policies regarding taxation. Any changes in these areas will directly affect retail prices.
Latest Updates on Petrol Price
Petrol Prices in India Stable at Rs. 111.21 Amid Global Oil Trends
Today's petrol price in India is Rs. 111.21 per litre, remaining unchanged from yesterday. This price has stayed consistent over the past several days, showing stability in local costs.
Local factors seem to indicate no recent tax changes or government announcements impacting petrol prices. Thus, stability likely represents a balance in supply and demand.
Globally, the petrol market remains influenced by crude oil prices, which have been steady recently. Economic conditions and geopolitical tensions often affect these prices.
While comparing with the last 10 days petrol prices in India, the highest petrol rate is recorded at Rs. 111.21, on 30/10/2026.
⏱ 30 October 2026
Petrol Prices in India Remain Stable at Rs. 111.21 Amid Market Trends
Today, the petrol price in India is Rs. 111.21 per litre, unchanged from yesterday’s rate. This price trend indicates stability over the week.
The petrol price has remained consistent at Rs. 111.21 for consecutive days, with only a minor shift to Rs. 111.18 on October 10.
On the global front, oil prices have shown fluctuation due to various market factors, impacting local pricing indirectly. As such, consumers should stay informed about these global trends.
While comparing with last 10 days petrol prices in India, the highest petrol rate is recorded at Rs. 111.21, on 20/10/2026.
⏱ 20 October 2026
Petrol Prices in India Rise to Rs. 111.31 Due to Global Crude Fluctuations
Today, the petrol price in India stands at Rs. 111.31, up from Rs. 111.21 yesterday. Over the past week, the price has remained stable.
On October 9, the price was the same at Rs. 111.21. Historical data shows that the price has not changed since October 1.
Local factors influencing petrol prices are the global crude oil fluctuations. As global markets face uncertainty, local prices may reflect these changes.
Looking at global trends, crude oil prices are affected by ongoing conflicts and OPEC decisions. Such events typically cause shifts in petrol pricing.
While comparing with last 10 days petrol prices in India, the highest petrol rate is recorded at Rs. 111.31, on 10/10/2026.
⏱ 10 October 2026
Petrol Prices in India Remain Stable at Rs. 111.21 Amid Global Trends
Today's petrol price in India is Rs. 111.21 per litre. This price has not changed from the previous day. Over the past week, the price has remained constant, indicating no fluctuations.
Local factors show stable pricing, as recent government policies have kept petrol rates unchanged. The consistency in price can also be attributed to steady global crude oil prices.
Globally, oil markets are stable, showing no significant shifts that may affect local prices. Demand and supply dynamics remain balanced, which controls price variation.
While comparing with last 10 days petrol prices in India, the highest petrol rate is recorded at Rs. 111.21, on 30/09/2026.
⏱ 30 September 2026
Petrol Prices in India Show Slight Rise to Rs. 111.21 Amid Global Oil Trends
Today, the petrol price in India is ₹111.21 per litre, up from ₹111.18 yesterday. This slight increase marks a stable trend over the past week.
Over the last seven days, the pricing has remained consistent, primarily fluctuating between ₹111.18 and ₹111.21. Various global economic factors are influencing these rates.
On the international scene, crude oil prices have experienced mild adjustments, but local taxation policies remain steady. No new government regulations have been announced that may affect petrol pricing.
While comparing with last 10 days petrol prices in India, the highest petrol rate is recorded at Rs. ₹111.21, on 20/09/2026.
⏱ 20 September 2026
Petrol Prices in India Hold Steady at Rs. 111.21 Amid Global Oil Trends
Today's petrol price in India stands at Rs. 111.21 per litre, unchanged from yesterday's price. This consistent pricing has remained stable for the past week, reflecting minimal fluctuations.
Over the last week, the petrol price has remained mostly stable. It recorded Rs. 111.31 early in the week, but it dropped to Rs. 111.18 before stabilizing again. Local tax policies and economic conditions seem to have minimal impact on these recent prices.
Looking at global trends, the oil market has seen a mix of supply adjustments and demand fluctuations. This has contributed to the current pricing context. The international crude oil prices have influenced local rates, but stable actions in the markets have provided a buffer.
While comparing with the last 10 days petrol prices in India, the highest petrol rate is recorded at Rs. 111.31, on 04/09/2026.
⏱ 10 September 2026
Petrol Prices in India Drop to Rs. 111.21 Due to Market Adjustments
Today, the petrol price in India is Rs. 111.21 per litre, showing a decrease from Rs. 112.40 yesterday. This change reflects minor market adjustments and fluctuations over the past few days.
Over the last week, petrol prices have remained relatively stable with a few slight changes. On August 17, petrol was priced at Rs. 111.31, and on August 15, it was Rs. 111.38. Prices seem to have steadied around Rs. 111.21.
The most significant local factor influencing prices appears to be ongoing adjustments based on crude oil market conditions. Global oil prices can affect local rates as international trends traverse through supply and demand fluctuations.
Currently, the global oil market experiences mixed trends, which could influence these local rates. Changes in production levels and international economic policies also play roles in these adjustments.
While comparing with last 10 days petrol prices in India, the highest petrol rate is recorded at Rs. 112.40, on 19/08/2026.
⏱ 20 August 2026
Petrol Prices in India Stable at Rs. 111.21 Amid Global Oil Trends
Today's petrol price in India is ₹111.21 per litre, which remains unchanged compared to yesterday's price of ₹111.31. Over the past week, the prices have remained stable, indicating consistency.
Local factors do not show any significant changes affecting today's rate. The petrol prices have been relatively stable, with minimal fluctuations in the last few days.
Globally, oil market trends influence local petrol prices significantly. Recent observations indicate stable global crude prices. This stability often reflects in domestic markets.
While comparing with the last 10 days petrol prices in India, the highest petrol rate is recorded at Rs. 111.31, on 09/08/2026.
⏱ 10 August 2026
Petrol Prices in India Stable at Rs. 111.21 Amid Global Oil Trends
Today's petrol price in India is Rs. 111.21 per litre, which is unchanged from yesterday. Over the past week, the prices have remained stable, with no significant fluctuations.
Recent data shows that petrol prices have held steady, with daily rates consistently at Rs. 111.21 since July 29, following a slight increase to Rs. 112.40 on July 27.
Local factors have not indicated recent changes, so the stability is likely influenced by global oil market trends. The market appears to be stabilizing after previous fluctuations due to geopolitical tensions.
While comparing with last 10 days petrol prices in India, the highest petrol rate is recorded at Rs. 112.40, on 27/07/2026.
⏱ 30 July 2026
Petrol Prices in India Remain Stable at Rs. 111.21 Despite Global Market Fluctuations
Today, the petrol price in India is ₹111.21. This price has remained stable, unchanged from the previous day. Over the last week, the price has not seen much variation.
Locally, there are no new taxes or government policy changes impacting petrol prices. However, global market fluctuations can influence local prices. Oil markets remain volatile, but supply issues and changing demand affect costs significantly.
While comparing with the last 10 days' petrol prices in India, the highest petrol rate is recorded at Rs. 111.21, on 20/07/2026.
⏱ 20 July 2026
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