Despite Global Crude Fluctuations, Retail Rates Remain Steady Across India

Oil marketing companies (OMCs) have released today’s updated fuel prices for 14 July 2025, and once again, there’s no change in petrol and diesel prices across major Indian cities. Despite shifts in international crude oil prices, the retail prices of petrol and diesel have remained stable, thanks largely to the influence of government policies, taxation structures, and currency fluctuations.

🛢 Why Petrol-Diesel Prices Remain Unchanged in India

India’s fuel pricing is linked to global crude oil markets, but the actual prices paid by consumers are shaped by multiple domestic factors:

• Central and state government taxes

• Rupee to Dollar exchange rate

• Refining and distribution costs

• Government pricing control mechanisms

Since May 2022, there has been no major nationwide revision in retail fuel prices, except for minor adjustments in select states due to local taxation. Although oil companies update prices daily at 6 AM, the government often absorbs volatility in crude prices to maintain consumer affordability.

📍City-wise Petrol and Diesel Prices on 14 July 2025

Here are the fuel prices in major Indian cities today:

Note: Price differences across states are primarily due to varying VAT (Value Added Tax) rates imposed by respective state governments.

⛽️ Key Factors That Influence Fuel Prices in India

1. Crude Oil Prices in the International Market
   Petrol and diesel are derived from crude oil. A rise in global crude prices directly impacts production costs in India.

2. INR to USD Exchange Rate
   Since India imports over 80% of its crude oil, a weaker rupee means higher import costs, driving up domestic prices.

3. Central & State Taxes
   Central excise and state VAT make up a significant portion of the fuel price. States with higher VAT naturally have higher fuel prices.

4. Refining Costs
   Converting crude oil into usable fuel involves refining. Costs vary depending on efficiency and technology, affecting final retail prices.

5. Demand & Supply Dynamics
   Seasonal spikes in demand or supply disruptions due to weather or geopolitical issues can also influence fuel prices.

📱 How to Check Fuel Prices in Your City via SMS

You can receive up-to-date fuel prices for your city by sending a simple text message:

• Indian Oil (IOCL): Type RSP <City Code> and send to 9224992249

• Bharat Petroleum (BPCL): Type RSP and send to 9223112222

• Hindustan Petroleum (HPCL): Type HP Price and send to 9222201122

✅ Summary

• No change in petrol and diesel prices on 14 July 2025

• Prices continue to remain stable despite crude oil fluctuations

• Government control and taxation are key to steady rates

• Fuel prices vary across states due to different VAT policies

Stay tuned for daily updates on fuel prices and market trends. Bookmark this page to check petrol and diesel prices in your city every morning