Petrol and diesel rates largely unchanged across major Indian cities
Fuel prices were broadly steady on September 25 despite Brent crude trading above $105.70 a barrel. Petrol ranged from ₹102.12 per litre in Delhi to ₹116.15 in Hyderabad, while diesel ranged from ₹95.20 to ₹104.23.
What happened
retail-company · Petrol and diesel prices remained largely unchanged across major Indian cities on September 25. Brent crude was above $105.7 per barrel, but
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
- Kolkata petrol: ₹113.51/litre; diesel: ₹99.82/litre
- Chennai petrol: ₹107.76/litre; diesel: ₹99.55/litre
- Bengaluru petrol: ₹111.68/litre; diesel: ₹99.56/litre
- Hyderabad petrol: ₹116.15/litre; diesel: ₹104.23/litre
- Brent crude: $105.7/barrel
Why this matters
Fuel-price stability reduces immediate operating volatility for transport-heavy targets, while the widening gap between global crude and domestic prices raises regulatory and margin-risk diligence needs.
What to watch
- Brent crude sustaining above $100-$105 per barrel for more than two to four weeks
- INR depreciation against the US dollar, raising India’s landed crude cost
- Reported under-recoveries or deteriorating marketing margins at Indian Oil, Bharat Petroleum, and Hindustan Petroleum
- Any central or state excise/VAT changes, fuel subsidy announcements, or OMC compensation measures
- Diesel freight surcharges from transporters and higher wholesale produce/logistics costs
- Retail inflation acceleration in transport, food, and delivered-goods categories
- Retailers should maintain current consumer pricing assumptions for near-term logistics and store operating costs, while avoiding long-dated freight-cost commitments.
- Increase monitoring of distributor and last-mile delivery surcharges, especially for bulky, low-margin categories.
- Review promotional calendars for discretionary categories: stable pump prices support urban consumption, but a delayed increase could weaken value retail demand.
- Prepare contingency pricing for food, staples, and home-delivery services if diesel costs begin feeding into wholesale freight rates.
- Track oil-marketing-company marketing margins and dealer communications for early evidence of suppressed fuel-price pass-through.