Petrol and diesel prices remain unchanged across major Indian cities
Retail fuel rates were unchanged on Sept. 28, with petrol priced at Rs 102.12 per litre in Delhi and Rs 111.21 per litre in Mumbai. The update covers Delhi, Mumbai, Kolkata, Chennai, Hyderabad and Bengaluru.
The development
Domestic petrol and diesel prices remained unchanged on Sept. 28, with petrol at Rs 102.12/litre in Delhi and Rs 111.21/litre in Mumbai.
The numbers
- September 28
- 1.27%
- $1.32
- $105.64
- 0.76%
- $93.11
- 0036 GMT
- 7.4 million barrels per day
- Sept. 28
- Rs 102.12/litre
- Rs 113.51/litre
- Rs 111.21/litre
- Rs 107.77/litre
- Rs 115.69/litre
- Rs 110.89/litre
- Rs 95.20/litre
- Rs 99.82/litre
- Rs 97.83litre
- Rs 99.55/litre
- 103.82/litre
- 98.80/litre
- May end
Why it matters to operators and investors
With fuel rates steady, there is no near-term pricing-driven rationale to alter logistics, delivery, or fuel-adjacent partnership plans.
What to watch next
- Brent crude oil movement and sustained changes above recent trading ranges.
- INR/USD depreciation, which raises landed crude costs for Indian refiners.
- Indian oil marketing company marketing-margin disclosures and refinery-gate price movements.
- Government excise-duty, VAT or oil-marketing-company pricing announcements.
- Freight-rate revisions by logistics providers and aggregators.
- Fuel sales-volume trends in major metros and commercial-vehicle demand.
- Maintain stable fuel inventory and staffing plans at high-volume urban outlets, with no immediate demand-shock assumption.
- Monitor dealer margins and product availability rather than changing promotional pricing solely on the unchanged rate signal.
- Use the stable pricing window to target fleet, taxi and last-mile delivery customers with volume-linked loyalty offers.
- For retail operators, keep near-term logistics budgets unchanged but retain contingencies for a later fuel-driven freight surcharge.
The counter-case
A one-day pause in listed pump prices is weak evidence of pricing stability: Indian retail fuel prices can remain administratively sticky even as crude oil, rupee movement, dealer commissions, refinery margins and tax burdens change. Unchanged headline rates may therefore mask pressure on oil marketing company margins or set up a later adjustment.