Petrol and diesel rates hold steady across major Indian metros
Mumbai petrol and diesel stood at ₹111.21 and ₹97.83 per litre on September 12, while Hyderabad remained the costliest major metro at ₹115.73 and ₹103.86. Brent crude near $103 a barrel and rupee moves remain key pricing risks.
What happened
India fuel retail market · Petrol and diesel prices remained largely unchanged across major Indian cities. Mumbai petrol was ₹111.21 per litre, while Hyderabad
Key facts
- National average petrol: ₹111.21/litre
- National average diesel: ₹97.83/litre
- Mumbai petrol/diesel: ₹111.21/₹97.83 per litre
- Delhi petrol/diesel: ₹102.12/₹95.20 per litre
- Hyderabad petrol/diesel: ₹115.73/₹103.86 per litre
What changed
Petrol and diesel prices remained largely unchanged across major Indian cities. Mumbai petrol was ₹111.21 per litre, while Hyderabad recorded the highest metro prices. Brent crude near $103 per barrel and rupee movements remain key risks for fuel retail pricing.
Why this matters
Stable pump prices preserve near-term fuel retail planning, but elevated Brent and rupee volatility warrant close monitoring of margins and inventory exposure.
What to watch
- Brent crude holding above $100-105 per barrel for multiple weeks
- INR depreciation versus the US dollar, raising landed crude costs
- Indian oil marketing company reported marketing margins and inventory gains/losses
- Any announced revision in petrol or diesel prices by major oil marketing companies
- Changes in central excise duty or state VAT on fuel