Fuel prices across India are closely monitored due to their direct impact on transportation costs, inflation, and the overall economy. As of July 18, 2025, the petrol price update today reflects both stability and minor adjustments depending on the region. Two significant areas of focus are Delhi and Rajasthan, where fuel prices often vary due to state-specific taxes and logistical considerations.
Current Petrol Prices in Delhi
In the national capital, the price of petrol remains unchanged from the previous day. On July 18, 2025, petrol in Delhi is retailing at Rs. 96.72 per litre. This price stability aligns with the broader trend of the central government maintaining excise duties and international crude oil prices staying relatively steady.
Factors Influencing Delhi Petrol Rates:
- Central and State Taxes: Nearly 60% of the petrol price is composed of taxes. Delhi’s VAT structure plays a key role.
- Global Crude Oil Trends: Fluctuations in Brent crude impact refinery base prices.
- Refinery Costs and Transportation: The cost of refining and moving fuel to urban centers like Delhi adds to the final retail price.
Diesel Rates in Delhi
As of July 18, 2025, diesel in Delhi is priced at Rs. 89.62 per litre. Diesel remains the backbone for commercial transportation, and its pricing affects logistics, freight charges, and agricultural machinery operations.
Updated Fuel Prices in Rajasthan
In Rajasthan, fuel prices tend to be higher than in many other states due to the state’s comparatively elevated VAT on petroleum products. On July 18, 2025, the petrol price in Jaipur, the capital city, stands at Rs. 108.45 per litre.
Key Reasons for Higher Fuel Rates in Rajasthan:
- High State-Level Taxes: Rajasthan has one of the highest VAT rates on fuel.
- Transport & Storage Costs: Given the state’s geographic expanse, logistics costs add a premium.
- Regional Demand-Supply Dynamics: Tourist-heavy regions like Jaipur and Udaipur often see demand spikes.
Diesel Price in Rajasthan
The diesel price in Rajasthan on July 18, 2025, is Rs. 93.75 per litre. While diesel is slightly less taxed than petrol, the state’s high VAT structure still makes it costlier compared to many other states.
Nationwide Trends in Fuel Pricing
Fuel prices in India are revised daily based on the dynamic pricing mechanism, which takes into account:
- International crude oil rates
- Exchange rate fluctuations
- Refinery transfer prices
- Dealer commissions
- Central and state taxes
Daily revisions ensure real-time alignment with global market conditions, but they also expose consumers to frequent price swings.
Impact on Consumers
For urban commuters and transport operators, rising fuel costs in Rajasthan lead to increased expenses, especially for long-distance travel. In Delhi, more stable prices have brought slight relief, although even minor increases can affect cab fares, food delivery services, and other fuel-dependent sectors.
Looking Ahead: What to Expect
With the global oil market facing uncertainty due to geopolitical tensions and OPEC+ production adjustments, prices may remain volatile in the coming months. Domestic policy adjustments, such as potential cuts in excise duty or VAT relief in high-tax states like Rajasthan, could influence upcoming fuel price trajectories.
FAQs – Petrol & Diesel Price Update Today
Q1: Why are fuel prices different in Delhi and Rajasthan?
A: The primary reason is the variation in state-level VAT. Rajasthan imposes higher taxes on fuel compared to Delhi, making petrol and diesel more expensive.
Q2: How often are petrol and diesel prices updated?
A: Prices are revised daily at 6 AM under the dynamic fuel pricing system, which reflects international market trends.
Q3: What is the petrol price today in Delhi?
A: As of July 18, 2025, the petrol price in Delhi is Rs. 96.72 per litre.
Q4: What is the current diesel price in Rajasthan?
A: On July 18, 2025, diesel in Rajasthan is priced at Rs. 93.75 per litre.
Q5: Does crude oil price directly impact local fuel prices?
A: Yes, international crude oil rates significantly influence the base price set by refineries, which in turn affects local fuel prices.
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