Petrol, Diesel Prices See Mild Decline In Chennai On June 19; Here's How Much You Pay For Fuel In Your City
In India, fuel prices have remained steady since May 2022, after the central government and various state governments reduced fuel taxes.
Fuel rates held steady on Thursday, unchanged across most metros except for Chennai which saw a mild decrease in rates. 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 19, 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 100.90 a litre, and diesel costs Rs 92.02. 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 Corporation 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 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.
Bloomberg reported that oil steadied after a volatile trading week as the market focused on whether President Donald Trump will plunge the US into the conflict between Israel and Iran, which has raised concerns around supply disruptions.
West Texas Intermediate was near $75 a barrel after closing marginally higher on Wednesday, while Brent settled below $77. Prices have fluctuated in a range of around $8 this week, with volatility spiking, options getting more bullish, and key spreads significantly widening in backwardation, according to Bloomberg.
Trump concluded a meeting Wednesday with top advisers, but the White House offered few clues about whether he decided the US will join the offensive to destroy Tehran’s nuclear program. Iran’s foreign minister said the OPEC producer remained committed to diplomacy, as per Bloomberg.
