Fuel rates held steady on Wednesday, unchanged across most metros except for Chennai which saw a mild increase 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 17, 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 100.93 a litre, and diesel costs Rs 92.52. Petrol is sold at Rs 105.41 in Kolkata, and diesel is priced at Rs 92.02.
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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.
According to Bloomberg, oil rose after jumping to the highest level in almost five months on Tuesday, as President Donald Trump fueled speculation that the US may join the attack on Iran, raising concerns over Middle East supply disruptions.
West Texas Intermediate gained as much as 1.1% to trade above $75 a barrel earlier. Brent settled near $76 in the previous session, Bloomberg reported.
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