Indian fuel prices saw no change on June 27, marking a period of stability since the last adjustment on May 25, 2026. State-owned fuel retailers had previously increased petrol prices by ₹2.61 per litre and diesel by ₹2.71 per litre on that date.
Despite global crude oil markets remaining volatile due to tensions in West Asia and disruptions to key shipping routes, domestic fuel rates across major Indian cities held firm.
Current Fuel Prices in Key Indian Cities (June 27)
- Delhi: Petrol ₹102.12 per litre, Diesel ₹95.20 per litre
- Mumbai: Petrol ₹111.21 per litre, Diesel ₹97.83 per litre
- Hyderabad: Petrol ₹115.69 per litre, Diesel ₹103.82 per litre
- Kolkata: Petrol ₹113.51 per litre, Diesel ₹99.56 per litre
- Bengaluru: Petrol ₹111.68 per litre, Diesel ₹98.80 per litre
- Chennai: Petrol ₹107.76 per litre, Diesel ₹99.55 per litre
While petrol prices largely remain above the ₹100 mark in most major cities, diesel rates are generally below ₹100, with Hyderabad being an exception where diesel is priced at ₹103.82.
Factors Influencing Indian Fuel Prices
Several critical factors combine to determine the final retail price of petrol and diesel at the pump in India:
- International Crude Oil Prices: As India is a significant importer of crude oil, global prices have the most substantial impact on domestic fuel costs.
- Rupee-Dollar Exchange Rate: A weaker Indian Rupee against the US Dollar increases the cost of crude oil imports, subsequently pushing up retail fuel prices.
- Government Taxes: Both the central and state governments levy various taxes (excise duty, VAT) on fuel, which constitute a significant portion of the final price. These differing tax structures are a primary reason for price variations across states.
- Transportation Costs: The cost of transporting refined fuel from refineries to various retail outlets also adds to the final consumer price.
- Demand and Supply: Local demand-supply dynamics can also play a role in minor price adjustments.