Petrol diesel prices today October 16: Petrol and diesel prices, which directly affect daily expenses, are updated every morning at 6 am by the country’s oil marketing companies (OMCs). The rates fluctuate in accordance with international crude oil prices and the dollar-rupee exchange rate. From New Delhi to Bengaluru, here are the petrol and diesel prices for today, October 16, 2025:
Petrol prices today October 16: Rates in major cities
Petrol price in Mumbai today is Rs 103.50 per litre, with no change from yesterday. The price has remained steady across India for the past 10 months, unchanged since December 1, 2024.
| City | Price (₹/litre) | Price Change (₹) |
|---|---|---|
| New Delhi | ₹94.77 | 0.00 |
| Kolkata | ₹105.41 | 0.00 |
| Mumbai | ₹103.50 | 0.00 |
| Chennai | ₹100.80 | -0.10 |
| Gurgaon | ₹95.65 | +0.15 |
| Noida | ₹95.05 | +0.28 |
| Bangalore | ₹102.92 | 0.00 |
| Bhubaneswar | ₹101.11 | -0.05 |
| Chandigarh | ₹94.30 | 0.00 |
| Hyderabad | ₹107.46 | 0.00 |
| Jaipur | ₹104.41 | -0.31 |
| Lucknow | ₹94.69 | 0.00 |
| Patna | ₹105.23 | -0.35 |
| Thiruvananthapuram | ₹107.48 | 0.00 |
Source: Good Returns
Diesel prices today October 16: Rates in major cities
Diesel price in Mumbai today is ₹90.03 per litre, with no change from yesterday. The rate has stayed the same across India for the last 10 months, unchanged since December 1, 2024.
| City | Price (₹/litre) | Price Change (₹) |
|---|---|---|
| New Delhi | ₹87.67 | 0.00 |
| Kolkata | ₹92.02 | 0.00 |
| Mumbai | ₹90.03 | 0.00 |
| Chennai | ₹92.39 | -0.10 |
| Gurgaon | ₹88.10 | +0.13 |
| Noida | ₹88.19 | +0.30 |
| Bangalore | ₹90.99 | 0.00 |
| Bhubaneswar | ₹92.69 | -0.05 |
| Chandigarh | ₹82.45 | 0.00 |
| Hyderabad | ₹95.70 | 0.00 |
| Jaipur | ₹89.93 | -0.28 |
| Lucknow | ₹87.81 | 0.00 |
| Patna | ₹91.49 | -0.32 |
| Thiruvananthapuram | ₹96.48 | 0.00 |
What impacts petrol and diesel prices?
Petrol prices in India are affected by factors such as international crude oil prices, domestic tax structures, and currency exchange rates. However, the central government carefully monitors diesel prices in India and adjusts rules and rates based on national and global factors.
Prices have remained stable for the past two years
Since May 2022, petrol and diesel prices have remained stable following tax cuts by the central government and several states. Although the international market fluctuates, prices for Indian consumers have remained relatively stable.
Factors that determine fuel prices
Crude Oil Prices: Petrol and diesel are primarily produced from crude oil. When international crude oil prices rise, it directly impacts the Indian market.
Rupee Against the Dollar: India imports most of its crude oil, and it is purchased in dollars. If the rupee weakens, fuel becomes more expensive.
Government Taxes and Duties: The central and state governments impose heavy taxes on petrol and diesel, which constitute a significant portion of the retail price. This is the reason for the price differences across states.
Refining Costs: The process of making crude oil usable (refining) also incurs costs. This cost depends on the quality of the crude oil and the refinery’s capacity.
