Fuel prices hold across major Indian cities as Brent stays above $102
Petrol and diesel rates were broadly unchanged on September 24 across Delhi, Mumbai, Kolkata, Chennai, Bengaluru and Hyderabad. Brent crude at $102.27 a barrel keeps near-term cost pressure in focus for fuel retailers, logistics operators and consumer-facing businesses.
What happened
India fuel retail market · Petrol and diesel prices remained broadly unchanged across major Indian cities on September 24. National average rates were ₹111.21
Key facts
- National average petrol: ₹111.21/litre
- National average diesel: ₹97.83/litre
- Mumbai petrol: ₹111.21/litre; diesel: ₹97.83/litre
- Delhi petrol: ₹102.12/litre; diesel: ₹95.20/litre
- Brent crude: $102.27/barrel
What changed
Petrol and diesel prices remained broadly unchanged across major Indian cities on September 24. National average rates were ₹111.21 per litre for petrol and ₹97.83 for diesel, while Brent crude traded above $102 a barrel.
Why this matters
With pump prices unchanged but Brent above $102, protect fuel margins through tighter inventory, logistics and promotional-cost controls while monitoring for policy or pricing action.
What to watch
- Brent holding above $100-$105 per barrel for multiple weeks rather than a short-lived spike.
- INR depreciation versus the US dollar, which amplifies landed crude costs.
- Any revision in petrol or diesel prices by Indian oil marketing companies across major cities.
- Reported gross marketing margins, under-recovery commentary and inventory losses at Indian fuel retailers.
- Freight-surcharge announcements from road transport, e-commerce, parcel and FMCG distribution operators.