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Petrol Diesel Prices Today October 24: City-wise Rates & Updates

Petrol and Diesel Prices Today: October 24, 2025 City-wise Rates

Oil Marketing Companies have announced the latest petrol and diesel prices across major Indian cities for October 24, 2025. Fuel rates continue to show significant variation between metropolitan centers, with Hyderabad recording the highest petrol price at ₹107.46 per liter.

Key Takeaways

  • Hyderabad has the highest petrol price at ₹107.46/L
  • Chandigarh offers the cheapest diesel at ₹82.45/L
  • Prices updated daily at 6 AM by OMCs
  • Multiple factors including taxes and crude rates influence final costs

City-wise Fuel Prices on October 24

Here are the latest petrol and diesel rates across major Indian cities:

City Petrol (₹/L) Diesel (₹/L)
New Delhi 94.72 87.62
Mumbai 104.21 92.15
Kolkata 103.94 90.76
Chennai 100.75 92.34
Ahmedabad 94.49 90.17
Bengaluru 102.92 89.02
Hyderabad 107.46 95.70
Jaipur 104.72 90.21
Lucknow 94.69 87.80
Pune 104.04 90.57
Chandigarh 94.30 82.45
Indore 106.48 91.88
Patna 105.58 93.80
Surat 95.00 89.00
Nashik 95.50 89.50

What Determines Fuel Prices in India?

Oil Marketing Companies implement daily price revisions at 6 AM, adjusting rates based on global crude oil market fluctuations and currency exchange rates. This system ensures transparency and provides consumers with current fuel pricing.

Despite the daily adjustments, petrol and diesel prices have maintained stability since May 2022, when central and state governments implemented tax reductions. The pricing mechanism combines market-linked factors with regulatory influences including excise duties and informal price caps.

Primary Factors Affecting Fuel Costs

  • Global Crude Oil Prices: As the primary raw material, international crude rates directly impact final fuel costs
  • Currency Exchange Rates: India’s heavy reliance on crude imports means rupee-dollar exchange rates significantly influence pricing
  • Taxation Structure: Both central and state taxes contribute substantially to retail prices, creating regional variations
  • Refining Expenses: Processing costs vary based on crude quality and refinery operational efficiency
  • Market Dynamics: Consumption patterns and supply adjustments also play a role in price determination

How to Check Current Fuel Prices

Consumers can access real-time petrol and diesel rates through SMS services:

  • Indian Oil: Text city code followed by “RSP” to 9224992249
  • BPCL: Send “RSP” to 9223112222
  • HPCL: Text “HP Price” to 9222201122

These services provide immediate updates on current fuel pricing in your location, helping motorists make informed decisions about their fuel purchases.

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