⛽ Fuel Prices Hold Steady Across India for the 4th Day in a Row
Fuel consumers in India saw no change in petrol and diesel prices on July 7, 2025, as the state-run oil marketing companies (OMCs) decided to keep rates unchanged amid a stable global crude oil market.
This marks the fourth consecutive day of no revision in prices, offering relief to commuters and transport businesses alike. With international crude hovering around $83 per barrel and the Indian rupee trading in a narrow range, fuel prices are expected to remain stable in the near term.
🛢️ Global Crude Oil Trend
| Metric | Value |
|---|---|
| Brent Crude | $83.40 per barrel |
| WTI Crude | $79.10 per barrel |
| INR/USD Exchange Rate | ₹82.94 per USD |
Prices are expected to stay in check due to:
- China’s slowing demand
- Stable U.S. production
- Expectations of a global interest rate cut cycle
🏙️ City-Wise Petrol and Diesel Rates in India (July 7, 2025)
Fuel prices in India vary across states due to VAT (Value-Added Tax) and freight charges imposed by local governments.
✅ Petrol Prices (₹ per litre)
| City | Petrol Price |
|---|---|
| Delhi | ₹96.72 |
| Mumbai | ₹106.31 |
| Kolkata | ₹106.03 |
| Chennai | ₹102.74 |
| Bengaluru | ₹101.94 |
| Hyderabad | ₹109.66 |
| Pune | ₹105.84 |
| Ahmedabad | ₹96.42 |
| Chandigarh | ₹96.20 |
| Jaipur | ₹108.48 |
✅ Diesel Prices (₹ per litre)
| City | Diesel Price |
|---|---|
| Delhi | ₹89.62 |
| Mumbai | ₹94.27 |
| Kolkata | ₹92.76 |
| Chennai | ₹94.33 |
| Bengaluru | ₹87.89 |
| Hyderabad | ₹97.82 |
| Pune | ₹92.35 |
| Ahmedabad | ₹91.70 |
| Chandigarh | ₹84.26 |
| Jaipur | ₹93.72 |
Prices are updated daily at 6:00 AM by major OMCs such as Indian Oil, Bharat Petroleum, and Hindustan Petroleum.
🏭 Why Have Prices Remained Stable?
Despite minor volatility in the global oil market, several factors are keeping Indian fuel prices steady:
🔍 Key Reasons:
- Crude oil range-bound near $80–85/barrel
- Rupee stability reduces import pressure
- Domestic demand for fuel is consistent but not spiking
- Elections over: No immediate policy change in fuel subsidies or taxation expected
💬 Government Stance on Fuel Pricing
The government has reiterated its commitment to market-linked fuel prices, but also hinted at potential rationalization of fuel taxes in the upcoming Union Budget 2025, scheduled later this month.
Oil Minister Hardeep Singh Puri stated:
“We are monitoring international prices closely and will act in the best interest of the consumer while ensuring market stability.”
🚗 Impact on Consumers and Businesses
Fuel stability has a direct bearing on transport costs, logistics, and inflation. With diesel prices stable, freight charges have not increased, helping contain prices of essential goods.
Auto-rickshaw, cab drivers, logistics firms, and ride-sharing apps benefit from predictable fuel pricing in day-to-day operations.
📲 How to Check Petrol/Diesel Prices Daily?
You can get live fuel price updates via:
- Indian Oil SMS service:
Type RSP <space> Dealer Code and send it to 9224992249 - Mobile apps: Indian Oil, HPCL MyFuel, BPCL SmartDrive
- Websites: iocl.com, hpcl.co.in
Daily price updates help drivers and fleet managers plan trips efficiently.
🧠 Expert Forecast: What’s Next?
According to energy analysts, prices are expected to stay within a narrow band unless:
- Crude oil spikes due to geopolitical tensions
- U.S. interest rate decisions impact global demand
- INR weakens significantly
In case of a surge in oil prices or policy changes in the Union Budget, minor revisions in fuel prices might be expected later this month.
📌 Conclusion
As of July 7, petrol and diesel prices in India remain unchanged, offering some welcome stability amid fluctuating global markets. While prices may remain steady in the short term, it’s essential for commuters and transporters to stay informed, especially with the Union Budget 2025 on the horizon.
Bookmark this page or check back daily on Newz101.com for the latest fuel rate updates, price forecasts, and budget impact analysis.