Here is Historic Fuel Prices in India right from 2003 to 2021 including Price Differential in Petrol and Diesel Fuel in Delhi, Mumbai, Chennai, Kolkata
Petrol Vs Diesel Fuel
Fuel Prices in 2021 at its lifetime highs, where for the first time breached Rs 100 mark in Rajasthan. Somehow Rising Crude Oil Prices and Steep Taxes led to Significant hike in Petrol and Diesel Prices.
See the Price Gap in Petrol and Diesel in 4 Metro Cities as was 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 July 2021 - In close to 5 year
| Petrol Price / Litre^ | Diesel Price / Litre^ | Price Gap | |
| New Delhi | Rs 99.86 | Rs 89.36 | Rs 10.5 / Litre |
| Mumbai | Rs 105.92 | Rs 96.91 | Rs 9.01 / Litre |
| Chennai | Rs 100.75 | Rs 93.91 | Rs 6.84 / Litre |
| Kolkata | Rs 99.84 | Rs 92.27 | Rs 7.57 / 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 2021 - 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, where from levels of Rs 33.49 per Litre Petrol in April 2003, it rose to levels of Rs 99.86 per Litre in July 2021 and for very first time in July 2021 to mark a century.
| 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 |
| July-21 | Rs 99.86 | Rs 89.36 | Rs 10.5 / Litre |
As can be seen that in last 5 Years (since July 2016 and later) - the Price gap is the lowest at under Rs 10 per Litre in Delhi. Even in Kolkata its just Rs 7 per Litre - making Diesel Cars unattractive in the location
However, Irony is that Indian User is paying high taxes
| Tax Paid for Obtaining 1 Litre Fuel in Delhi | Tax Paid for Obtaining 1 Litre Fuel in Mumbai | |
| Petrol | Rs 55.95 per Litre (59%) | Rs 60 per Litre |
| Diesel | Rs 44.77 per Litre (53%) | Rs 51 per Litre |
Basis July 2021 Prices
to tune of Rs 55 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) as was last prevailing in 10 Years ago
To be also noted that Crude Oil although is at its highs of 70$ per Barrel, which is much lower than Historic Highs of 120$ per Barrel, still Petrol and Diesel Prices in 2021 is at its lifetime Highs in India.
