Fuel price update: City-wise petrol, diesel and LPG rates for Feb 25
Petrol and diesel prices across major Indian cities remained largely stable on Tuesday, with only marginal variations reported in a few locations.
In Mumbai, petrol continued to retail at ₹103.54 per litre, unchanged from the previous day, according to price notifications by state-run fuel retailers.
Current petrol and diesel prices in Major Indian cities (₹/Litre)
| City | Petrol Price | Diesel Price | |
|---|---|---|---|
| New Delhi | 94.77 | 87.67 | |
| Mumbai | 103.54 | 90.03 | |
| Kolkata | 105.41 | 92.02 | |
| Chennai | 100.91 | 92.49 | |
| Bangalore | 102.96 | 90.99 | |
| Hyderabad | 107.50 | 95.70 | |
| Jaipur | 104.72 | 90.12 | |
| Lucknow | 95.12 | 87.86 | |
| Noida | 95.05 | 88.29 | |
| Gurgaon | 95.65 | 88.10 | |
| Bhubaneswar | 100.94 | 92.57 | |
| Thiruvananthapuram | 107.48 | 96.48 | |
| Patna | 105.80 | 91.49 | |
| Chandigarh | 94.30 | 82.45 |
Petrol prices in India are largely driven by global crude oil rates, domestic tax policies and currency exchange movements. According to the latest available data, petrol prices in India remain higher than in several neighbouring countries. The gap is primarily attributed to comparatively higher taxes levied on petrol in India.
LPG Price for February 24
The price of a 14.2 kg domestic LPG cylinder in Mumbai stands at ₹852.50, with no change recorded from last month. The rate has remained unchanged at ₹852.50 since April 2025.
Over the past 12 months, domestic LPG prices have shown an overall upward trend, rising by ₹50 between March 2025 and February 2026. The most significant increase, ₹50, was implemented in April 2025.
Govt extends deadline for CBM, small field bid rounds
The government has extended the deadline for submission of bids under the special coal-bed methane (CBM) and small discovered fields bid rounds, giving investors additional time to factor in recent changes to oil and gas regulations.
Bids for 13 blocks or areas offered for prospecting gas from below coal seams (CBM) in the Special CBM Bid Round will now close on March 3, according to the Directorate General of Hydrocarbons (DGH).
The blocks offered for bidding are in Jharkhand, West Bengal (one block each), Maharashtra, Madhya Pradesh, Chhattisgarh, Odisha (two blocks each), and Telangana (three blocks).
Alongside, nine contract areas, made up of smaller oil and gas discoveries that were previously considered economically unviable to produce, are on offer for bidding in the fourth round of Discovered Small Fields (DSF), the deadline for which is now March 18, according to the DGH.
Both the Special CBM Bid Round and the DSF-IV rounds were previously scheduled to close on February 18.
While coal seam gas, called CBM, can be used to generate electricity, make fertiliser or turned into CNG, the oil produced is turned into fuels like petrol and diesel.