Fuel prices remained largely unchanged in the country on Friday, and held steady across most metros. The last major revision in petrol prices was in March 2024, when the rate was cut by Rs 2 per litre.
Here are the updates on the petrol and diesel prices on June 30, 2025:
In Delhi, a litre of petrol is retailed at Rs 94.77, and diesel costs Rs 87.67. In Mumbai, petrol is priced at Rs 103.50 per litre, and diesel costs Rs 90.03. In Chennai, petrol is now sold at Rs 100.80 a litre, and diesel costs Rs 92.39. Petrol is sold at Rs 105.41 in Kolkata, and diesel is priced at Rs 92.02.
In India, fuel prices have remained steady since May 2022, after the central government and various state governments reduced fuel taxes.
Currently, oil marketing companies such as state-run Indian Oil Corp. review the domestic prices of petrol and diesel on a daily basis, and any changes—determined broadly by the global crude oil prices and the foreign exchange rates—are effected at the fuel stations at 6:00 a.m.
The price revisions method, or the dynamic fuel price methodology, considers several factors such as international crude prices, the exchange rate of the rupee against the dollar, actual and expected demand, and the trade flow in global crude markets.
On Monday, oil fell, following its biggest weekly loss in more than two years, as hedge funds piled into bearish bets after a fragile truce between Iran and Israel, and before a likely OPEC+ supply hike. Oil is trading near where it started before Israel first attacked Iran on June 13, with the focus returning to supply and demand fundamentals.
Brent dropped to $67.13 a barrel, with a loss of 0.94%, after sliding 12% last week. While West Texas Intermediate for August traded near $64.73, with a loss of 1.21%, Bloomberg reported.
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