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Historic Petrol and Diesel Fuel Prices of 15 Years in India. 2003 to 2021 Record

Historic Petrol and Diesel Fuel Prices of 15 Years in India. 2003 to 2021 Record

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.

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Important: If you seek advise or recommendation, pls raise query in Car Forum instead of posting in comments

 

Comments 7

Guest - Srinivas Maddali on Tuesday, 03 August 2021 08:19

What was the subsidy given in 2003 to the 2021 year-wise?

What was the subsidy given in 2003 to the 2021 year-wise?
Guest - rajat agarwal on Friday, 28 May 2021 14:54

PEOPLE HAVE TO UNDERSTAND THERE RIGHTS LIKE RIGHT TO VOTE ,RIGHT TO ELECT , RIGHT TO SAY , RIGHT TO ARGUE, ALL POLITICAL PARTIES ARE COMES AND JUST DO WHATEVER HE WANTS AGAIN WHO SUFFERS MIDDLE CLASS , WE HAVE TO COME TOGETHER AND RAISE THE VOICE FOR THE MIDDLE CLASS FAMILIES WHO SUFFERS FOR EVERYTHING LIKE PAY TAXES ON TIME , PAY EMI ON TIME , PAY FULL TUTIONS OR SCHOOL FEES , NO KOTA FOR KIDS , NO RESERVATIONS IN SCHOOLS, COLLEGES , JOBS ALL BENEFITS WILL BE TAKEN BY OTHER CASTE PEOPLE OR GROUPS, NOW ITS HIGH TIME COME TOGETHER AND RAISE VOICE FOR MIDDLE CLASS FAMILIES WHO COMES 35% IN OVER ALL POPULATION

PEOPLE HAVE TO UNDERSTAND THERE RIGHTS LIKE RIGHT TO VOTE ,RIGHT TO ELECT , RIGHT TO SAY , RIGHT TO ARGUE, ALL POLITICAL PARTIES ARE COMES AND JUST DO WHATEVER HE WANTS AGAIN WHO SUFFERS MIDDLE CLASS , WE HAVE TO COME TOGETHER AND RAISE THE VOICE FOR THE MIDDLE CLASS FAMILIES WHO SUFFERS FOR EVERYTHING LIKE PAY TAXES ON TIME , PAY EMI ON TIME , PAY FULL TUTIONS OR SCHOOL FEES , NO KOTA FOR KIDS , NO RESERVATIONS IN SCHOOLS, COLLEGES , JOBS ALL BENEFITS WILL BE TAKEN BY OTHER CASTE PEOPLE OR GROUPS, NOW ITS HIGH TIME COME TOGETHER AND RAISE VOICE FOR MIDDLE CLASS FAMILIES WHO COMES 35% IN OVER ALL POPULATION
Guest - K Srinivas on Saturday, 24 July 2021 11:42

Yes it's right every time middle class is suffering from these politician soon India becomes US

Yes it's right every time middle class is suffering from these politician soon India becomes US
Guest - PIYUSH AGRAWAL on Wednesday, 10 March 2021 08:29

whatever the government was or today have its congress or bJP AAP or any other party all are corrupt and just they are giving burden to middle class families and they dont think how the peoples will suffer through this highs in everything . all the daily needs of public which comes in the use of day to day life are at his highs prices salary going sync there are no jobs no money saving finished . its going very tough to live in this highs and non employement.

whatever the government was or today have its congress or bJP AAP or any other party all are corrupt and just they are giving burden to middle class families and they dont think how the peoples will suffer through this highs in everything . all the daily needs of public which comes in the use of day to day life are at his highs prices salary going sync there are no jobs no money saving finished . its going very tough to live in this highs and non employement.
Guest - ASHOK GUPTA on Thursday, 28 January 2021 13:25



Please provide the historical rates of diesel in 4 metro city (DELHI, MUMBAI, KOLKATA and CHENNAI) in date wise changed for onward DECEMBER 2018 TILL JAN 2021

Thanks

Please provide the historical rates of diesel in 4 metro city (DELHI, MUMBAI, KOLKATA and CHENNAI) in date wise changed for onward DECEMBER 2018 TILL JAN 2021 Thanks
Guest - BS NEGI on Sunday, 02 August 2020 10:03

Please provide the historical rates of diesel in 4 metro city (DELHI, MUMBAI, KOLKATA and CHENNAI) in date wise changed for onward MARCH-2019.

Thanks

Please provide the historical rates of diesel in 4 metro city (DELHI, MUMBAI, KOLKATA and CHENNAI) in date wise changed for onward MARCH-2019. Thanks
Guest - Angel Bottoms on Monday, 07 October 2019 13:41

Dear Sir / Madam

we are direct mandate to major oil selling refinery here in Russia Federation, we provide standard services globally and compact into oil trading with commitment to provide excellent service.
The Refinery which we represent can supply to you and your esteemed buyers company any Russian Origin product such as ;
JP54,
Jet A1,
M100,
D2,
D6, etc
without any complications.On agreed sellers procedures we can close the deal within 48/72hours. If interested kindly contact us via

Email: gaznefte.sell@mail.ru

Thanks.
Angel Bottoms

Dear Sir / Madam we are direct mandate to major oil selling refinery here in Russia Federation, we provide standard services globally and compact into oil trading with commitment to provide excellent service. The Refinery which we represent can supply to you and your esteemed buyers company any Russian Origin product such as ; JP54, Jet A1, M100, D2, D6, etc without any complications.On agreed sellers procedures we can close the deal within 48/72hours. If interested kindly contact us via Email: gaznefte.sell@mail.ru Thanks. Angel Bottoms
Guest
Wednesday, 22 September 2021

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