Overview

• On June 27, petrol prices stood at ₹94.77 in Delhi, ₹103.50 in Mumbai, ₹100.80 in Chennai and ₹105.41 in Kolkata, with diesel ranging from ₹87.67 to ₹92.39 per litre across these metros.
• The last major revision was a ₹2-per-litre cut in March 2024, and a ₹2 excise duty hike in April 2025 has yet to affect retail rates.
• Central and state tax cuts since May 2022 have underpinned more than three years of uninterrupted fuel price stability.
• Oil marketing firms review petrol and diesel rates daily at 6:00 a.m. using a methodology that factors in global crude prices, the rupee-dollar exchange rate, demand forecasts and trade flows.
• Brent crude neared $67.91 a barrel and West Texas Intermediate traded near $65.43 after President Trump announced a tentative ceasefire between Iran and Israel.