Moneycontrol PRO
HomeNewsBusinesscommoditiesPetrol, diesel prices fall 21 paise and 11 paise in Mumbai, Delhi, Kolkata

Petrol, diesel prices fall 21 paise and 11 paise in Mumbai, Delhi, Kolkata

The revised price for the two fuels in Mumbai now stands at Rs 88.08 per litre and Rs 79.24 per litre, respectively

October 18, 2018 / 10:09 IST
3. Beware of the start-stop scam. A common method pumps use to scam motorists is filling up a lower amount ‘by mistake’. For example, say you have asked for fuel worth Rs 1,500. The attendant fills up only Rs 500 worth and after being pointed out his mistake goes ahead and pretends to reset the machine and fills up to Rs 1,000. All the while, you could be under the impression that you received Rs 1,500 worth of fuel. (Representative image)
     
     
    26 Aug, 2025 12:21
    Volume
    Todays L/H
    More

    Prices of petrol and diesel in Mumbai fell 21 paise per litre and 11 paise per litre, respectively, on October 18.

    The revised price for the two fuels in the city now stands at Rs 88.08 per litre and Rs 79.24 per litre, respectively, according to Indian Oil Corporation.

    In Delhi too, petrol and diesel prices fell 21 paise and 11 paise, respectively, to Rs 82.62 per litre and Rs 75.58 per litre.

    Prices in Kolkata mirrored the fall in Delhi and Mumbai, dropping to Rs 84.44 per litre and Rs 77.43 per litre, respectively.

    In Chennai, petrol prices fell by 22 paise to Rs 85.88 per litre and those of diesel fell by 11 paise to Rs 79.93 per litre.

    Petrol & Diesel Rates Oct 20, 2025

    Monday, 20th October, 2025

    Petrol Rate in Mumbai Oct 20, 2025

    • Current Petrol Price Per Litre
      104

    Monday, 20th October, 2025

    Diesel Rate in Mumbai Oct 20, 2025

    • Current Petrol Price Per Litre
      90
    Show

    Other than the fall in fuel prices following an excise duty cut by the government, this is the first time prices of petrol and diesel have fallen in any of the major cities in a couple of months.

    Fuel prices have been on the rise since mid-August, increasing almost every day due to a combination of crude oil climbing to a four-year high and the rupee dipping to its lowest-ever level against US dollar.

    The relentless rise in prices have wiped away the benefits of tax cuts announced by the government on October 4 to provide customers some relief.

    Here is a look at petrol and diesel prices in some of the other major cities in India:

     

    CityPetrol pricePrice changeDiesel pricePrice change
    (Rs/litre)(rise)/fall in(Rs/litre)(rise)/fall in
    paise/litrepaise/litre
    Bengaluru83.272275.9711
    Bhopal85.832277.0211
    Hyderabad87.592282.2112
    Lucknow80.032173.5611
    Port Blair71.081770.6510

    A day before announcing the price cut, the government pressed the Organization of the Petroleum Exporting Countries (OPEC) to move to responsible pricing of oil and gas.

    It said that the recent spike in rates are far detached from market fundamentals and are hurting importing nations.

    India, the world's third-biggest oil consumer, meets over 83 percent of its crude oil needs through imports.

    Of the crude oil imported, about 85 percent comes from OPEC nations. Around 80 percent of the country's gas imports come from those countries as well.

    Moneycontrol News
    first published: Oct 18, 2018 10:09 am

    Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

    Subscribe to Tech Newsletters

    • On Saturdays

      Find the best of Al News in one place, specially curated for you every weekend.

    • Daily-Weekdays

      Stay on top of the latest tech trends and biggest startup news.

    Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347