Fuel Price Update : Fuel prices in India have always been a topic of daily concern, especially with frequent fluctuations caused by global crude oil prices and local tax changes. The government has now released the updated petrol and diesel rates for this month, and there are noticeable changes that motorists across the country should be aware of. If you rely on fuel for commuting or business, this update is critical to your monthly budgeting.
Understanding how fuel prices are determined and what the current rates are in your city will help you plan expenses wisely. Here’s a detailed breakdown.
Fuel Price Update : Petrol and Diesel Price Update – May 2025
The monthly revision of petrol and diesel prices has brought moderate changes in many cities. While some metro cities saw minor hikes, a few regions witnessed slight relief in fuel costs.
Highlights of the Latest Fuel Price Update
- Updated fuel prices are effective from May 1, 2025.
- Fluctuations are due to international crude oil movements and currency exchange rates.
- State taxes (VAT) play a crucial role in final fuel prices.
- No changes in central excise duty as of this month.
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Petrol Prices in Major Indian Cities – May 2025
Here is a quick look at the latest petrol rates across key Indian cities:
| City | Petrol Price (₹/Litre) | Change from Last Month |
|---|---|---|
| Delhi | ₹96.72 | +₹0.22 |
| Mumbai | ₹106.31 | +₹0.18 |
| Chennai | ₹102.74 | +₹0.25 |
| Kolkata | ₹106.03 | +₹0.21 |
| Bengaluru | ₹101.98 | +₹0.16 |
| Hyderabad | ₹109.82 | +₹0.20 |
| Ahmedabad | ₹96.42 | +₹0.17 |
| Pune | ₹105.98 | +₹0.19 |
Diesel Prices in Major Indian Cities – May 2025
The diesel prices have also seen slight increases in most cities:
| City | Diesel Price (₹/Litre) | Change from Last Month |
|---|---|---|
| Delhi | ₹89.62 | +₹0.18 |
| Mumbai | ₹94.27 | +₹0.15 |
| Chennai | ₹94.33 | +₹0.20 |
| Kolkata | ₹92.76 | +₹0.17 |
| Bengaluru | ₹88.87 | +₹0.14 |
| Hyderabad | ₹97.92 | +₹0.19 |
| Ahmedabad | ₹91.25 | +₹0.16 |
| Pune | ₹94.42 | +₹0.18 |
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Factors Influencing Fuel Price Changes
Petrol and diesel prices in India are revised daily, and several key factors influence these changes:
- Global crude oil prices – Rising international prices lead to local hikes.
- Currency exchange rates – A weak rupee against the US dollar increases fuel import costs.
- State and central taxes – VAT and excise duties significantly impact the final retail price.
- Transportation and logistics costs – Distribution expenses vary regionally.
- Dealer commission – This is added to the base price before final MRP is fixed.
How to Check Live Fuel Prices in Your City
You can check updated fuel prices daily using several easy methods:
- Visit the official websites of Indian Oil, Bharat Petroleum, or Hindustan Petroleum.
- Send an SMS to get fuel prices:
- Indian Oil: SMS “RSP Dealer Code” to 9224992249
- Bharat Petroleum: SMS “RSP Dealer Code” to 9223112222
- Use mobile apps such as:
- IndianOil ONE
- MyHPCL
- Humsafar
These tools ensure you’re always updated with the latest rates in your area.
Tips to Save on Fuel Costs
With rising fuel prices, adopting smart habits can reduce your monthly fuel bills:
- Maintain proper tyre pressure to improve mileage.
- Turn off the engine at long signals or traffic jams.
- Avoid unnecessary idling and aggressive driving.
- Regular servicing helps your engine run efficiently.
- Consider using public transport or carpooling whenever possible.
What to Expect in the Coming Weeks
Industry experts suggest that unless global crude prices stabilize, small fluctuations in fuel prices are expected to continue. Any geopolitical developments, changes in oil output by OPEC countries, or currency volatility can affect prices further in the coming months.
While no immediate tax changes are anticipated, any government intervention through tax cuts could offer temporary relief.
The revised petrol and diesel prices for May 2025 reflect India’s ongoing dependence on global energy markets. While the changes this month are relatively minor, staying informed about rate updates can help individuals and businesses manage costs effectively.
Fuel prices mentioned are as of May 1, 2025, and may vary slightly depending on local dealers and exact location within the city. It is advisable to verify current rates through official sources before making large purchases or planning travel.
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