By News Desk 
Oil marketing companies in India revise petrol and diesel prices daily at 6 AM, aligning rates with fluctuations in global crude oil prices and foreign exchange rates. This regular review ensures price transparency and provides consumers with the most accurate and up-to-date information on fuel costs.
Since May 2022, fuel prices in India have remained largely stable, following tax cuts implemented by the central government and several state governments. However, daily price adjustments continue based on international market trends.
The government indirectly influences fuel pricing through various mechanisms, including excise duties, base pricing, and dealer commissions, despite fuel prices being deregulated.
🚘 Petrol and Diesel Prices in Major Cities – May 7, 2025
| City | Petrol (₹/L) | Diesel (₹/L) |
|---|---|---|
| New Delhi | ₹94.70 | ₹87.69 |
| Mumbai | ₹104.28 | ₹92.17 |
| Kolkata | ₹103.95 | ₹90.73 |
| Chennai | ₹100.71 | ₹92.38 |
| Ahmedabad | ₹94.43 | ₹90.18 |
| Bengaluru | ₹102.98 | ₹89.08 |
| Hyderabad | ₹107.43 | ₹95.72 |
| Jaipur | ₹104.77 | ₹90.28 |
| Lucknow | ₹94.63 | ₹87.88 |
| Pune | ₹104.02 | ₹90.53 |
| Chandigarh | ₹94.33 | ₹82.48 |
| Indore | ₹106.42 | ₹91.82 |
| Patna | ₹105.52 | ₹93.89 |
| Surat | ₹95.02 | ₹89.04 |
| Nashik | ₹95.51 | ₹89.54 |
🔍 Key Highlights:
- Fuel prices are reviewed daily based on international benchmarks.
- Government levies still play a significant role in final retail prices.
- Despite global volatility, prices in India have remained relatively unchanged since May 2022 due to tax interventions.
Consumers are advised to stay updated with daily fuel rates, which can vary slightly across cities due to local taxes, transportation costs, and dealer margins.