India fuel prices steady; Hyderabad remains costliest among major metros
Petrol and diesel rates were largely unchanged on September 16, with Hyderabad at ₹116.15 and ₹104.23 per litre, respectively. Delhi remained among the lowest-priced major metros. Brent crude above $108 a barrel and rupee movements are key near-term risks for pump pricing.
What happened
India fuel retail · Petrol and diesel prices remained largely unchanged across Indian metros on September 16. Hyderabad had the highest listed metro prices,
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
- Hyderabad petrol: ₹116.15/litre; diesel: ₹104.23/litre
What changed
Petrol and diesel prices remained largely unchanged across Indian metros on September 16. Hyderabad had the highest listed metro prices, while Delhi remained lower. Elevated Brent crude and rupee-dollar movements remain key risks for future retail fuel pricing.
Why this matters
Fuel retailers can use the current price stability to maintain forecourt demand, while preparing margin and inventory plans for potential crude- and rupee-driven pricing pressure.
What to watch
- Brent crude sustaining above $105-$110 per barrel for multiple weeks
- INR depreciation versus the US dollar, raising India’s landed oil cost
- Indian oil marketing company marketing margins and commentary on under-recoveries
- Government signals on excise duty, state VAT reductions, or informal price-restraint policy
- Changes in freight rates, delivery-partner incentives, and FMCG distributor transport surcharges