New Delhi: Petrol and diesel prices remained largely unchanged across major Indian cities on Tuesday, September 22, even as international crude oil prices eased amid geopolitical uncertainty. Brent crude slipped below the $100-per-barrel mark, but domestic fuel rates continued to remain steady.
According to the latest city-wise fuel price data, petrol is priced at Rs 102.12 per litre in New Delhi, while diesel costs Rs 95.20 per litre. In Bengaluru, petrol is available at Rs 110.93 per litre and diesel at Rs 98.80 per litre.
Mumbai continues to record a higher petrol price of Rs 111.18 per litre, while diesel is priced at Rs 97.83 per litre. Kolkata has petrol at Rs 113.50 per litre and diesel at Rs 99.82 per litre.
Petrol and diesel prices in major cities
| City | Petrol (Rs/litre) | Diesel (Rs/litre) |
|---|---|---|
| New Delhi | 102.12 | 95.20 |
| Mumbai | 111.18 | 97.83 |
| Kolkata | 113.50 | 99.82 |
| Chennai | 107.77 | 99.55 |
| Bengaluru | 110.93 | 98.80 |
| Gurugram | 102.97 | 95.64 |
| Hyderabad | 115.69 | 103.82 |
The latest figures show little movement in the major metropolitan markets. Delhi, Mumbai, Kolkata and Chennai recorded broadly unchanged rates, while Gurugram and Hyderabad also remained flat.
Bengaluru petrol and diesel prices
In Bengaluru, petrol is priced at Rs 110.93 per litre, while diesel costs Rs 98.80 per litre.
The city’s fuel rates are influenced by Karnataka’s state-level taxes, along with transportation costs and dealer commissions. Since petrol and diesel are outside the Goods and Services Tax (GST) regime, differences in state taxation contribute to variations in pump prices across India.
For motorists in Karnataka, the stability in prices means there has been no immediate change at fuel stations despite fluctuations in international crude oil markets.
Mumbai, Delhi and Kolkata fuel rates
Mumbai’s petrol price stands at Rs 111.18 per litre, while diesel is priced at Rs 97.83 per litre. In Kolkata, petrol costs Rs 113.50 per litre and diesel is available at Rs 99.82 per litre.
Delhi remains among the lower-priced major metropolitan markets, with petrol at Rs 102.12 per litre and diesel at Rs 95.20 per litre.
Chennai has petrol priced at Rs 107.77 per litre and diesel at Rs 99.55 per litre.
Among the cities listed, Hyderabad has the highest petrol and diesel prices, at Rs 115.69 and Rs 103.82 per litre, respectively.
Crude oil prices fall below $100
International crude oil prices have remained elevated through much of September because of geopolitical uncertainty and concerns over global oil supplies.
However, Brent crude moved below $100 per barrel on Tuesday after US President Donald Trump said he was open to talks with Iran at the United Nations. Brent had settled at $100.34 per barrel on Monday, down 3.4%, while West Texas Intermediate crude fell 4.5% to $95.78 per barrel.
Brent crude had remained above $100 for much of September. The recent easing came after measures to move additional crude through alternative routes helped reduce some supply concerns. Saudi Arabia has reportedly transported crude through the Strait of Hormuz to compensate for the closure of a key pipeline.
Despite the decline in global benchmarks, domestic petrol and diesel prices have not moved in line with every change in crude oil prices.
Why fuel prices differ between states
Petrol and diesel prices are not uniform across India. State-level taxes, particularly VAT, play an important role in determining the final retail price paid by consumers.
Transportation costs and dealer commissions also contribute to differences between cities. Since petrol and diesel remain outside the GST framework, states continue to levy their respective taxes on these fuels.
This explains why petrol costs Rs 102.12 per litre in Delhi but Rs 115.69 per litre in Hyderabad, despite the underlying fuel being the same.
Centre cuts export levies on petrol and diesel
The Centre recently reduced export levies on petrol and diesel. The changes came into effect from September 16.
The petrol export levy was reduced by Rs 1 per litre to Rs 0.50 per litre, while the diesel export levy was cut by Rs 5 per litre to Rs 20 per litre.
The changes come against the backdrop of elevated international oil prices and continuing uncertainty around global crude supplies.
Will petrol and diesel prices change soon?
A fall in international crude prices does not automatically translate into an immediate reduction in retail fuel prices in India. Oil marketing companies consider several factors, including the rupee-dollar exchange rate, refining costs, taxes and dealer margins, alongside global crude prices.
Therefore, domestic fuel rates can remain unchanged even when international oil benchmarks move significantly in either direction.
For September 22, motorists in major cities can therefore expect largely unchanged petrol and diesel prices, despite the recent easing in global crude oil prices.
Conclusion
Petrol and diesel prices remained steady across major Indian cities on September 22. Bengaluru recorded petrol at Rs 110.93 per litre and diesel at Rs 98.80 per litre, while Delhi’s rates stood at Rs 102.12 and Rs 95.20 per litre, respectively.
Although Brent crude has recently slipped below $100 per barrel, domestic fuel prices have not yet reflected the movement. State taxes, refining costs, currency movements and other components continue to influence the final price paid by consumers.