Petrol and diesel prices across India have remained unchanged on 3 November 2025, continuing the 11-month streak of stability since December 2024.
Mumbai: As of Monday, 3 November 2025, petrol and diesel prices in India continue to remain unchanged for the eleventh consecutive month. The stability in fuel rates, which began on 1 December 2024, persists across all major metros and most states.
In Delhi, petrol is priced at ₹94.72 per litre, while diesel costs ₹87.62 per litre. Mumbai continues to record higher fuel rates, with petrol at ₹103.50 per litre and diesel at ₹89.87 per litre. In Chennai, petrol sells for ₹100.90 per litre and diesel for ₹92.32 per litre, whereasIN Kerala cities, Kozhikode records ₹105.91 for petrol and ₹94.91 for diesel, while Thiruvananthapuram has even higher rates at ₹107.25 and ₹96.13 per litre respectively.
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Fuel prices are influenced by global crude oil rates, exchange rate fluctuations, freight costs, and central and state taxes. India imports over 82% of its crude oil requirement, making domestic prices sensitive to global market movements. However, despite occasional fluctuations in international crude prices, the Oil Marketing Companies (OMCs) — Indian Oil, Bharat Petroleum, and Hindustan Petroleum — have not revised retail prices since December 2024.
Analysts suggest that the government’s focus on maintaining consumer price stability ahead of major state elections may be a reason behind this prolonged freeze. The combined impact of excise duty, Value Added Tax (VAT), and dealer commission continues to account for a significant portion of retail fuel prices.
State-wise highlights:
- Highest petrol price: Andhra Pradesh – ₹109.83/litre
- Lowest petrol price: Andaman & Nicobar Islands – ₹82.46/litre
- Highest diesel price: Andhra Pradesh – ₹97.82/litre
- Lowest diesel price: Andaman & Nicobar Islands – ₹77.13/litre
Despite global crude oil trading around $83 per barrel, domestic prices have not reflected recent dips, underscoring the government’s tight control over retail fuel pricing.
Experts predict that unless global oil prices witness a sharp surge or the rupee weakens substantially, the price freeze on petrol and diesel in India is likely to continue through the end of 2025.
The long-standing stability in India’s fuel prices reflects a calculated balance between market dynamics and policy-driven consumer protection — a trend expected to persist in the coming months barring major international shifts.
(Disclaimer: Fuel prices in India are revised daily by state-run oil marketing companies based on global crude oil trends, exchange rates, and taxation. The above rates are indicative and may vary slightly across cities and fuel stations due to local taxes, dealer commissions, and transport costs. Readers are advised to check the latest prices before purchase.)
Published: 03 Nov 2025, 07:33 am IST
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