Petrol rates across India remained largely unchanged on Friday, March 6, even as global crude oil prices surged due to rising tensions between the United States and Iran. The petrol prices today showed stability in most cities, despite volatility in international oil markets.
According to the latest notification issued by state-run oil marketing companies, petrol prices today have not seen any significant changes across major Indian cities. However, the final retail price continues to vary depending on state-level taxes and local levies.
Petrol Prices Today in Major Indian Cities
In the national capital Delhi, petrol prices today stood at ₹94.77 per litre, making it one of the relatively cheaper markets among metro cities.
Here are the petrol prices today in other key cities:
- Mumbai – ₹103.54 per litre
- Kolkata – ₹105.45 per litre
- Chennai – ₹100.84 per litre
- Hyderabad – ₹107.46 per litre
- Bengaluru – ₹102.96 per litre
- Pune – ₹104.36 per litre
- Lucknow – ₹94.69 per litre
- Jaipur – ₹104.69 per litre
- Ahmedabad – ₹94.47 per litre
- Patna – ₹105.23 per litre
Among major cities, Hyderabad currently has one of the highest petrol prices today, while Delhi and Ahmedabad remain among the cheapest markets due to relatively lower state taxes.
Global Crude Oil Prices Rise
Even though petrol prices today remain stable domestically, global oil markets have been witnessing sharp movements. Brent crude hovered near $85 per barrel, after reaching its highest level since mid-2024 in the previous session.
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Meanwhile, West Texas Intermediate (WTI) crude climbed nearly 18% this week, although prices slipped slightly toward $79 per barrel on Friday after US President Donald Trump indicated that steps could be taken to reduce pressure on oil prices.
What Determines Petrol Prices in India
Several factors influence petrol prices today in India. The most important is the global price of crude oil, which is the main raw material used in petrol production.
The rupee–dollar exchange rate also plays a key role since India imports a large share of its crude oil requirements. In addition, central excise duty and state-level VAT significantly impact the final retail price.
These taxation differences are the primary reason why petrol prices today vary across cities even when global crude oil prices fluctuate.