The Price Gap in between Petrol and Diesel Fuel has fallen to all time Lows. Know Historic Fuel Price Difference of Last 15 years in India across Major Metro Cities as Delhi, Mumbai, Chennai and Kolkata
Petrol Vs Diesel Fuel Price Gap at all Time Low in India
Since 2016 - there been many Interventions from Green Tribunal, Government to
- Impose Restriction on Plying on 10 Year Old Diesel Cars (in Delhi / NCR)
- Ban on Sale of High Capacity Diesel Cars in Select Locations (Done in Delhi / NCR for a brief period)
- New Infrastructure Cess with Higher Tax for Higher Capacity Cars - which are lesser fuel efficient
- Removing Subsidies as what was given to Diesel Fuel
Other than it, now the Prices of Diesel and Petrol in such a way that Fuel Prices are on its all time high and the price Difference for the very first time entered in such a way where Diesel Fuel costed more than Petrol in Delhi
See the Price Gap in Petrol and Diesel in 4 Metro Cities as in July 2016
Petrol Price / Litre^ | Diesel Price / Litre^ | Price Gap | |
New Delhi | Rs 62.51 | Rs 54.28 | Rs 8.23 / Litre |
Mumbai | Rs 67.11 | Rs 59.6 | Rs 7.51 / Litre |
Chennai | Rs 62 | Rs 55.82 | Rs 6.18 / Litre |
Kolkata | Rs 66.03 | Rs 56.48 | Rs 9.55 / Litre |
The Price Gap of Rs 6.18 / Litre in Petrol and Diesel in Chennai.
Below is the Latest Price Price Gap in Petrol and Diesel in 4 Metro Cities as in June 2020 - In 4 year
Petrol Price / Litre^ | Diesel Price / Litre^ | Price Gap | |
New Delhi | Rs 79.76 | Rs 79.88 | 22 Paise higher for Diesel |
Mumbai | Rs 86.54 | Rs 78.22 | Rs 8.32 / Litre |
Chennai | Rs 83.04 | Rs 77.17 | Rs 6.87 / Litre |
Kolkata | Rs 81.45 | Rs 75.06 | Rs 6.39 / Litre |
The Fuel Price Gap in now in Negative zone where Diesel fuel cost higher than Petrol
With the fact that Diesel Cars already have
» Price Difference, Higher Road Tax in most of the cities - On Road Price Difference is on a higher side, which will also lead to Higher Finance Interest Cost
» Relative Higher Service Maintenance Cost
» Relative Higher Insurance Premium in Later Years
This new reduced price gap would further dampen in sale of Diesel Cars and even valuation of Old Diesel Car Prices.
If you are Planning to Buy a New Car and Confused in between Petrol / Diesel Choice one
Refer this Comparison on - Diesel Cars Vs Petrol Cars
Historic Fuel Price Difference in India from 2003 to 2020 - Last 18 Years
The Historic Price Difference is on a higher note as against Petrol Cars and has once reached to Rs 24.69 / Litre in April 2012 and now in Negative Zone within 8 Years in Delhi
Know Prices of Petrol and Diesel in India (Capital - Delhi) in last 18 Years
Month | Petrol / Litre | Diesel / Litre | Fuel Price Difference / Litre |
April-03 | Rs 33.49 | Rs 22.12 | Rs 11.37 |
June-04 | Rs 35.71 | Rs 22.74 | Rs 12.97 |
April-05 | Rs 37.99 | Rs 28.22 | Rs 9.77 |
Apr-06 | Rs 43.5 | Rs 30.45 | Rs 13.05 |
Apr-07 | Rs 43 | Rs 30.25 | Rs 12.75 |
Apr-08 | Rs 45.5 | Rs 31.76 | Rs 13.74 |
Apr-09 | Rs 44.7 | Rs 30.86 | Rs 13.84 |
Apr-10 | Rs 48 | Rs 38.1 | Rs 9.9 |
Apr-11 | Rs 58.5 | Rs 37.75 | Rs 20.75 |
Apr-12 | Rs 65.6 | Rs 40.91 | Rs 24.69 |
Apr-13 | Rs 66.09 | Rs 48.63 | Rs 17.46 |
Apr-14 | Rs 72.26 | Rs 55.48 | Rs 16.78 |
Apr-15 | Rs 60.49 | Rs 49.71 | Rs 10.78 |
Apr-16 | Rs 59.68 | Rs 48.33 | Rs 11.35 |
Jul-16 | Rs 62.51 | Rs 54.28 | Rs 8.23 |
July-17 | Rs 63.09 | Rs 53.33 | Rs 9.76 |
July-18 | Rs 75.55 | Rs 67.38 | Rs 8.17 |
July-19 | Rs 72.96 | Rs 66.69 | Rs 6.27 |
June-20 | Rs 79.76 | Rs 79.88 | Diesel Fuel for First Time Exceed price of Petrol |
As can be seen that in last 2 Years (July 2016 and later) - the Price gap is the lowest at under Rs 10 per Litre in Delhi. Even in Chennai its just Rs 5.06 per Litre - making Diesel Cars unattractive in the location
However, Irony is that Indian User is paying tax of Rs 50 Per Litre (including Excise and State VAT) for obtaining 1 Litre of Petrol and Diesel in New Delhi. Rather this was the higher than the final price of Petrol and Diesel (including all taxes)
To be noted that Crude Oil is Priced at 42$ per Barrel, which is much lower than Historic Highs of 120$ per Barrel