Latest Petrol and Diesel Prices in India as of December 19, 2024

As of December 19, 2024, petrol and diesel prices across major Indian cities remain stable, continuing the trend observed since May 2022. This stability is attributed to the central government’s significant tax reductions implemented to provide relief to consumers.

City-Wise Petrol and Diesel Prices:

City	Petrol Price (₹/Litre)	Diesel Price (₹/Litre)
Delhi	94.72	87.62
Mumbai	103.44	89.97
Chennai	100.75	92.56
Kolkata	104.95	91.76
Noida	94.81	87.93
Lucknow	94.65	87.76
Bengaluru	102.86	88.94
Hyderabad	107.41	95.65
Jaipur	104.88	90.36
Trivandrum	107.25	96.13
Bhubaneswar	100.97	92.46

Note: Prices are subject to change and may vary slightly based on local taxes and other factors.

Factors Influencing Fuel Prices:

1. Global Crude Oil Prices: Fluctuations in international crude oil markets directly impact domestic fuel prices.

2. Exchange Rates: The rupee-to-dollar exchange rate affects the cost of crude oil imports, influencing fuel prices.

3. Taxes: Central and state taxes, including excise duties and value-added tax (VAT), contribute significantly to the final retail price of fuel.

4. Logistics and Local Levies: Transportation costs and local municipal taxes can cause regional variations in fuel prices.

5. Refining Costs: The process of converting crude oil into petrol and diesel adds to the overall cost, depending on refinery efficiency and crude oil quality.

6. Demand: Seasonal demand fluctuations can influence fuel pricing dynamics.

Conclusion:

While fuel prices have remained unchanged since May 2022, they are subject to various influencing factors. Consumers are advised to stay informed about potential changes by regularly checking updates from official sources or trusted news outlets.

For the most accurate and up-to-date information, please refer to official announcements or authorized fuel price aggregators.