Petrol and Diesel Prices on August 30, 2025: Petrol price today Oil marketing companies (OMCs) update petrol and diesel prices daily at 6 am, aligning them with fluctuations in global crude oil prices and currency exchange rates. This daily revision promotes transparency and ensures consumers have access to the most up-to-date and accurate fuel prices.
August 30, 2025: Oil marketing organizations (OMCs) alter the price of gasoline and diesel every day at 6 a.m. to reflect changes in the price of crude oil and currency exchange rates throughout the world. In addition to ensuring that consumers have access to the most recent and correct gasoline prices, this daily modification encourages openness.
Petrol and Diesel Prices in India Today (30 August 2025)
Check the latest city-wise fuel price in India:
City-wise petrol price Today:
| City | Petrol Price Today (Rs./L) | Diesel Price Today (Rs./L) |
|---|---|---|
| New Delhi | 94.72 | 87.62 |
| Mumbai | 104.21 | 92.15 |
| Kolkata | 103.94 | 90.76 |
| Chennai | 100.75 | 92.34 |
| Ahmedabad | 94.49 | 90.17 |
| Bengaluru | 102.92 | 89.02 |
| Hyderabad | 107.46 | 95.70 |
| Jaipur | 104.72 | 90.21 |
| Lucknow | 94.69 | 87.80 |
| Pune | 104.04 | 90.57 |
| 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 |
Key Factors Driving Petrol and Diesel Prices in India
Petrol and diesel prices in India have remained unchanged since May 2022, after the central government and several states reduced fuel taxes. Despite being market-linked, fuel rates are influenced by both global crude oil trends and domestic regulatory policies.
Why Fuel Prices Stay the Same Every Day?
Oil Marketing Companies (OMCs) revise fuel prices daily at 6 am, based on the movement of crude oil in global markets. However, excise duty, state VAT, and informal pricing mechanisms also play a major role in stabilizing retail prices.
Petrol Price in Delhi from 2002 to 2025: How Much Has It Increased? Delhi Petrol Price History (Major Changes)
| Date / Year | Price per Litre (Rs.) | Reason / Note |
|---|---|---|
| 2002 | ~₹29.77 | Early 2000s, low global crude prices |
| 2008 (Jul) | ~₹50.56 | Global crude oil spike |
| 2010 (Jun) | ~₹51.43 | Deregulation of petrol prices in India |
| 2012 (Sep) | ~₹65.64 | Rising crude + weaker rupee |
| 2013 (Sep) | ~₹76.06 | Continued INR depreciation |
| 2014 (Aug) | ~₹71.41 | Crude oil correction |
| 2016 (Apr) | ~₹59.20 | Fall in crude prices |
| 2018 (Oct) | ~₹84.00 | Record high at the time |
| 2020 (Apr) | ~₹69.59 | COVID-19 demand crash |
| 2021 (Jul) | ~₹101.84 | First time crossed ₹100 in Delhi |
| 2022 (May 21) | ₹105.41 | Pre-duty cut high |
| 2022 (May 22) | ₹96.72 | Excise duty cut by Centre (↓ ₹8) |
| 2022 (May 27) | ~₹94.76 | Delhi govt VAT reduction |
| 2023 – 2025 | ₹94.72 – ₹94.77 | Prices stable, no major hike/cut |
| Aug 30, 2025 | ₹94.72 | Current price |
Key Factors Influencing Fuel Rates
Global Crude Oil Prices
Crude oil is the primary raw material for petrol and diesel production. Any rise or fall in international crude prices directly impacts Indian fuel costs.Exchange Rate (₹ vs $)
India imports over 85% of its crude oil needs. A weaker rupee against the US dollar makes imports more expensive, pushing up fuel prices.Taxes & Levies
A significant portion of fuel prices comes from central excise duty and state VAT. Since state taxes vary, fuel rates differ from city to city.Refining & Distribution Costs
Processing crude into usable fuels incurs costs that fluctuate based on refinery efficiency and crude quality.Demand-Supply Trends
Seasonal demand, industrial growth, and consumption patterns also affect retail pricing.
How to Check Petrol & Diesel Prices via SMS
Indian Oil (IOCL): Type
RSP <city code>and send to 9224992249Bharat Petroleum (BPCL): Type
RSP <city code>and send to 9223112222Hindustan Petroleum (HPCL): Type
HP Price <city code>and send to 9222201122
This service provides the latest daily fuel prices for your city instantly.
Frequently Asked Questions (FAQ) on Petrol & Diesel Prices
1. Why are petrol and diesel so expensive in India?
A large part of India’s fuel prices comes from central excise duty and state VAT. Nearly 45–55% of the petrol price is tax. Since India imports most of its crude oil, global prices and exchange rates also play a role.
2. Why haven’t fuel prices changed since May 2022?
Fuel rates have remained stable because the government reduced excise duty in May 2022 and oil marketing companies have kept prices steady despite global fluctuations.
3. Do petrol and diesel prices change every day?
Yes. OMCs update fuel prices daily at 6 am, based on international crude oil movements and currency exchange rates.
4. Which state has the cheapest fuel in India?
Currently, Chandigarh and some Union Territories often have lower fuel rates because of reduced local taxes compared to metro cities like Mumbai or Hyderabad.
5. How can I check petrol prices online?
You can check city-wise petrol and diesel prices on:
IOCL website or mobile app
BPCL SmartDrive app
HPCL MyHPCL app
Or via SMS service (codes shared above).
6. Will petrol and diesel prices increase in 2025?
It depends on global crude oil trends, rupee-dollar exchange rate, and government tax policies. If crude oil prices rise globally, retail prices in India may also increase.
7. Why is petrol cheaper in Delhi compared to Mumbai?
Because each state levies its own Value Added Tax (VAT). Maharashtra charges higher VAT compared to Delhi, making fuel more expensive in Mumbai.
8. Who decides petrol and diesel prices in India?
Petrol and diesel prices are determined by Oil Marketing Companies (OMCs) like Indian Oil, Bharat Petroleum, and Hindustan Petroleum, based on global crude oil trends and exchange rates. However, government taxation policies also influence prices.
9. How much crude oil does India import?
India imports nearly 85% of its crude oil requirements, which makes the country heavily dependent on international prices and currency fluctuations.
10. What is the impact of a weak rupee on fuel prices?
If the Indian rupee weakens against the US dollar, crude oil imports become more expensive, directly raising petrol and diesel prices in India.
11. Why are petrol and diesel prices different in every state?
Because state VAT and local taxes vary, each state has different fuel rates. For example, fuel is cheaper in Union Territories like Chandigarh but costlier in metro cities.
12. How often are petrol and diesel rates revised?
Rates are revised every morning at 6 AM under the Dynamic Fuel Pricing system, introduced in June 2017.
13. What percentage of fuel price is tax?
On average, taxes account for 45–55% of petrol’s retail price and about 35–45% of diesel’s retail price.
14. Can fuel prices go down in India?
Yes, if global crude oil prices fall, or if the government reduces excise duty or VAT, retail prices may decrease.
15. Why is diesel almost as costly as petrol now?
Earlier, diesel was subsidized by the government. But after subsidies were removed and taxes increased, diesel prices came closer to petrol rates.
16. Is there any chance of petrol becoming GST-based?
There have been discussions, but as of now, petrol and diesel are not under GST. If brought under GST, fuel prices could become uniform across India.
17. Why have fuel prices not changed since May 2022?
After the government reduced excise duty in May 2022, oil companies kept prices steady despite global fluctuations. Analysts believe it’s also linked to inflation control and upcoming elections.
18. How much profit do oil companies make on petrol and diesel?
Oil Marketing Companies (OMCs) earn margins based on global crude oil trends. However, due to price control and government pressure, their margins often shrink, especially during high crude prices.
19. Why is petrol cheaper in some Union Territories?
Union Territories like Chandigarh, Andaman & Nicobar Islands, and Puducherry levy lower or no additional state taxes, making petrol and diesel cheaper compared to metro cities.
20. What is the role of OMCs in fuel pricing?
OMCs (IOCL, BPCL, HPCL) decide daily revisions in petrol and diesel rates, factoring in crude oil prices, forex rates, freight costs, refining charges, and dealer commissions.
21. How do international events impact fuel prices?
Events like Russia-Ukraine conflict, OPEC production cuts, or Middle East tensions cause crude oil supply disruptions, leading to higher fuel prices globally, which directly impacts India.
22. Why is petrol price in India higher than in neighboring countries?
India levies high excise duty and state VAT, which significantly increase retail prices. Countries like Nepal, Bhutan, and Bangladesh have lower taxes, hence cheaper fuel.
23. What happens if crude oil prices fall drastically?
If global crude oil prices crash, OMCs can reduce retail prices. However, sometimes governments retain higher tax collections instead of passing full benefits to consumers.
24. Is there a difference in quality of petrol across India?
No. All OMCs supply standardized petrol and diesel quality as per government norms (BS-VI grade fuel). Price differences are mainly due to taxation, not quality.
25. Can consumers save money on fuel?
Yes. Consumers can save by using fuel-efficient driving techniques, choosing CNG/LPG vehicles, or switching to electric vehicles (EVs) in the long run.
26. What is BS-VI fuel and why is it important?
Since April 2020, India adopted BS-VI fuel standards, which have ultra-low sulphur content. This reduces pollution and improves engine efficiency, though it increased refining costs.
27. Will petrol and diesel ever be subsidized again?
Currently, there is no subsidy on petrol and diesel. Subsidies are limited to LPG and kerosene. A return to subsidies seems unlikely, given the government’s fiscal burden.
28. What is the current petrol price in Delhi (August 30, 2025)?
As of August 30, 2025, petrol in Delhi costs ₹94.72 per litre.
29. When did petrol price first cross ₹100 in Delhi?
Petrol crossed the ₹100 mark for the first time in July 2021, when the price reached ₹101.84 per litre.
30. What was the petrol price in Delhi in 2002?
In 2002, the petrol price in Delhi was around ₹29.77 per litre.
31. Why did petrol prices rise sharply in 2008?
In 2008, petrol touched around ₹50.56 per litre due to a global crude oil spike.
32. When were petrol prices deregulated in India?
Petrol prices were deregulated in June 2010, meaning they started moving in line with international crude oil rates.
33. What was the highest petrol price recorded in Delhi?
The highest petrol price in Delhi was ₹105.41 per litre in May 2022, before the government reduced excise duty.
34. How did the COVID-19 pandemic affect petrol prices?
During the COVID-19 demand crash in April 2020, petrol prices in Delhi fell to around ₹69.59 per litre.
35. Why are petrol prices different in each state?
Petrol prices vary across states due to different VAT (Value Added Tax) rates and local levies imposed by state governments.
36. How can I check daily petrol prices in Delhi?
You can check petrol prices via:
SMS: For Indian Oil customers, send RSP<space>DEALER CODE to 9224992249.
Apps/Websites: Use Indian Oil, HPCL, or BPCL official apps and websites.
37. Will petrol prices in Delhi increase further in 2025?
As of now, prices have remained stable (₹94.72–₹94.77) since May 2022. Future changes depend on global crude oil prices, currency exchange rates, and government tax policies.
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