Stable Fuel Prices Spark Diwali Joy

Imagine heading out for Diwali road trips without worrying about sudden fuel hikes. That’s the reality for Indian drivers as petrol and diesel prices hold steady for the fourth day on October 12, 2025. This timely stability feels like a festive gift, especially with global crude oil dipping.

Many wonder why prices aren’t dropping despite crude falling to around $59 per barrel. It’s largely due to high taxes, which account for about 55% of petrol costs and 50% for diesel. These include central excise, state VAT, and dealer commissions, keeping rates firm even as international benchmarks shift.

For instance, in a ₹100 litre of petrol, roughly ₹55 goes to taxes. States like Maharashtra charge higher VAT, explaining Mumbai’s elevated prices. Oil companies adjust daily at 6 AM based on global cues and rupee-dollar rates, but this buffer means changes aren’t immediate.

Curious about today’s petrol and diesel prices in major cities? Here’s a quick look at the unchanged rates from reliable sources like IndianOil.

Delhi offers reasonable rates at ₹94.77 for petrol and ₹87.89 for diesel, ideal for NCR commuters. In contrast, Hyderabad tops the list at ₹107.46 for petrol, thanks to varying state taxes.

Another common question is how the new E20 ethanol blend affects car mileage. This 20% ethanol mix, rolled out nationwide, can cause a 2-4% drop in efficiency for most vehicles. For example, if your sedan averaged 15 kmpl before, it might now hit around 14 kmpl due to ethanol’s lower energy content.

While it’s safe for BS6 cars and reduces emissions, older models may need extra maintenance. Some drivers report mileage falling from 15 to 12 kmpl, with potential repair costs rising on India’s bumpy roads.

On a positive note, stable petrol and diesel prices mean real savings for festive travel. Consider a 500km Diwali drive, like Delhi to Chandigarh and back, in a hatchback getting 14 kmpl. You’d use about 35 litres, costing around ₹3,317 at Delhi rates, saving ₹166 compared to a 5% hike.

For diesel SUVs, savings could exceed ₹2,000 on longer trips to places like Pune. This stability acts like a hidden Diwali discount, freeing up cash for sweets and gifts.

People often ask about petrol versus diesel for better value. Diesel edges out with superior highway mileage, like ₹87.89 in Delhi beating petrol by ₹7. It’s a win for cabs and long-haul drivers, though petrol suits quick city runs.

Compared to alternatives, EVs offer low running costs but high upfront prices. CNG shines in NCR for cheapness, yet petrol and diesel win on availability for cross-country drives.

Wondering if you should stock up on fuel? Dealers say no, as prices revise daily via oil marketing companies. For better mileage, clean air filters, check tyre pressure to avoid 10% extra guzzling, and use AC wisely in traffic.

This petrol and diesel price stability on October 12, 2025, aligns perfectly with Diwali vibes. It’s a relief for daily commuters and families alike. What’s your take, still too high or just right for the festivities?