Gasoline Prices in India decreased to 1.08 USD/Liter in August from 1.09 USD/Liter in July of 2025. This dataset provides the latest reported value for - India Gasoline Prices - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The Wholesale Price Index of petrol across India during financial year 2024 was just around ***. The price index value of petrol increased by about ** percent from the base year of 2012. An overall increase in the price index was seen in recent years in the country.

The average price of Indian basket crude oil was estimated to reach ***** U.S. dollars per barrel in the financial year 2024. While Indian basket crude oil prices have fluctuated during the reported period, this figure significantly decreased from the previous year’s average of ***** U.S. dollars. The average price of crude oil went up marginally around the financial year 2012, touching almost *** U.S. dollars per barrel. Recent trends in the Indian oil industry The last several years have seen a slight but steady increase in Indian crude oil refinery capacity. However, the annual domestic crude oil production volume has consistently decreased. Not surprisingly, the volume of crude oil imports had recently been on the rise for several years. The future of the Indian energy sector As the third-largest primary energy consumer globally, India relies on various sources to meet its energy demands. At the same time, a significant increase in primary energy consumption across various sources is projected for the coming decades, with renewables playing a vital role in the Indian energy transition.

WPI Fuel YoY in India decreased by 2.43 percent in July from -2.65 percent in June of 2025. This dataset includes a chart with historical data for India WPI Fuel and Power YoY.

As of January 2025, the Consumer Price Index (CPI) for fuel and light across India was over ***, meaning it had increased since March 2022. The CPI measures the change in consumer prices of goods and services purchased by households across India over time.

The data shows the date-wise details of the retail selling price of petrol and diesel in metro cities for Indian Oil Corporation (IOC) Note: 1. Daily price change is applicable in India since 16.6.2017 2. Daily Price change is applicable from 6.00 AM 3. Data for 2002 to 2017 is available only for Delhi

Crude Oil rose to 64.68 USD/Bbl on September 2, 2025, up 1.04% from the previous day. Over the past month, Crude Oil's price has fallen 2.44%, and is down 12.67% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Crude Oil - values, historical data, forecasts and news - updated on September of 2025.

As of July 2025, the average annual price of Brent crude oil stood at 71.79 U.S. dollars per barrel. This is over eight U.S. dollars lower than the 2024 average. Brent is the world's leading price benchmark for Atlantic basin crude oils. Crude oil is one of the most closely observed commodity prices as it influences costs across all stages of the production process and consequently alters the price of consumer goods as well. What determines crude oil benchmarks? In the past decade, crude oil prices have been especially volatile. Their inherent inelasticity regarding short-term changes in demand and supply means that oil prices are erratic by nature. However, since the 2009 financial crisis, many commercial developments have greatly contributed to price volatility, such as economic growth by BRIC countries like China and India, and the advent of hydraulic fracturing and horizontal drilling in the U.S. The outbreak of the coronavirus pandemic and the Russia-Ukraine war are examples of geopolitical events dictating prices. Light crude oils - Brent and WTI Brent Crude is considered a classification of sweet light crude oil and acts as a benchmark price for oil around the world. It is considered a sweet light crude oil due to its low sulfur content and low density and may be easily refined into gasoline. This oil originates in the North Sea and comprises several different oil blends, including Brent Blend and Ekofisk crude. Often, this crude oil is refined in Northwest Europe. Another sweet light oil often referenced alongside UK Brent is West Texas Intermediate (WTI). WTI oil prices amounted to 76.55 U.S. dollars per barrel in 2024.

India Consumer Price Index (CPI): Fuel and Light data was reported at 178.400 2012=100 in Mar 2025. This records an increase from the previous number of 178.300 2012=100 for Feb 2025. India Consumer Price Index (CPI): Fuel and Light data is updated monthly, averaging 136.600 2012=100 from Jan 2011 (Median) to Mar 2025, with 171 observations. The data reached an all-time high of 186.500 2012=100 in Aug 2023 and a record low of 86.200 2012=100 in Jan 2011. India Consumer Price Index (CPI): Fuel and Light data remains active status in CEIC and is reported by Ministry of Statistics and Programme Implementation. The data is categorized under Global Database’s India – Table IN.HD002: Consumer Price Index. [COVID-19-IMPACT]

Petroleum: Retail Price: High Speed Diesel Oil: Delhi data was reported at 87.620 INR/l in 2024. This records a decrease from the previous number of 89.620 INR/l for 2023. Petroleum: Retail Price: High Speed Diesel Oil: Delhi data is updated yearly, averaging 30.450 INR/l from Mar 1990 (Median) to 2024, with 35 observations. The data reached an all-time high of 93.070 INR/l in 2022 and a record low of 4.080 INR/l in 1990. Petroleum: Retail Price: High Speed Diesel Oil: Delhi data remains active status in CEIC and is reported by Ministry of Petroleum and Natural Gas. The data is categorized under Global Database’s India – Table IN.RBL006: Petroleum: Retail Price.

The 2025 annual OPEC basket price stood at ***** U.S. dollars per barrel as of July. This would be lower than the 2024 average, which amounted to ***** U.S. dollars. The abbreviation OPEC stands for Organization of the Petroleum Exporting Countries and includes Algeria, Angola, Congo, Equatorial Guinea, Gabon, Iraq, Iran, Kuwait, Libya, Nigeria, Saudi Arabia, Venezuela, and the United Arab Emirates. The aim of the OPEC is to coordinate the oil policies of its member states. It was founded in 1960 in Baghdad, Iraq. The OPEC Reference Basket The OPEC crude oil price is defined by the price of the so-called OPEC (Reference) basket. This basket is an average of prices of the various petroleum blends that are produced by the OPEC members. Some of these oil blends are, for example: Saharan Blend from Algeria, Basra Light from Iraq, Arab Light from Saudi Arabia, BCF 17 from Venezuela, et cetera. By increasing and decreasing its oil production, OPEC tries to keep the price between a given maxima and minima. Benchmark crude oil The OPEC basket is one of the most important benchmarks for crude oil prices worldwide. Other significant benchmarks are UK Brent, West Texas Intermediate (WTI), and Dubai Crude (Fateh). Because there are many types and grades of oil, such benchmarks are indispensable for referencing them on the global oil market. The 2025 fall in prices was the result of weakened demand outlooks exacerbated by extensive U.S. trade tariffs.

Brent rose to 68.10 USD/Bbl on September 1, 2025, up 0.92% from the previous day. Over the past month, Brent's price has fallen 0.95%, and is down 11.87% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Brent crude oil - values, historical data, forecasts and news - updated on September of 2025.

Fuel Price: Indian Oil Corporation Limited: Bitumen: Koyali: Packed: Grade VG10 data was reported at 37,450.000 INR/Metric Ton in 06 Dec 2018. This stayed constant from the previous number of 37,450.000 INR/Metric Ton for 05 Dec 2018. Fuel Price: Indian Oil Corporation Limited: Bitumen: Koyali: Packed: Grade VG10 data is updated daily, averaging 32,660.000 INR/Metric Ton from Nov 2009 (Median) to 06 Dec 2018, with 3323 observations. The data reached an all-time high of 44,950.000 INR/Metric Ton in 30 Sep 2013 and a record low of 24,673.000 INR/Metric Ton in 29 Feb 2016. Fuel Price: Indian Oil Corporation Limited: Bitumen: Koyali: Packed: Grade VG10 data remains active status in CEIC and is reported by Indian Oil Corporation Limited. The data is categorized under India Premium Database’s Energy Sector – Table IN.RBJ004: Fuel Price: Indian Oil Corporation Limited: Bitumen: Packed.

India Inflation Nowcast: Contribution: Energy Prices: Fuel Price: Petrol: Kolkata data was reported at 0.000 % in 12 May 2025. This stayed constant from the previous number of 0.000 % for 05 May 2025. India Inflation Nowcast: Contribution: Energy Prices: Fuel Price: Petrol: Kolkata data is updated weekly, averaging 0.266 % from Jul 2020 (Median) to 12 May 2025, with 254 observations. The data reached an all-time high of 4.446 % in 10 Mar 2025 and a record low of 0.000 % in 12 May 2025. India Inflation Nowcast: Contribution: Energy Prices: Fuel Price: Petrol: Kolkata data remains active status in CEIC and is reported by CEIC Data. The data is categorized under Global Database’s India – Table IN.CEIC.NC: CEIC Nowcast: Inflation: Headline.

Get the latest insights on price movement and trend analysis of Gasoline in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).

Get comprehensive insights into the Diesel market, with a focused analysis of the Diesel price trend across Asia, Europe, North America, Latin America, and the Middle East Africa.

The Wholesale Price Index of aviation turbine fuel across India during financial year 2024 was *****. The price index value of turbine fuel increased by about ** percent from the base year of 2012. An overall increase in the price index was seen over the years from financial year 2013 in the country.

This dataset provides values for GASOLINE PRICES reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

On August 18, 2025, the Brent crude oil price stood at 66.54 U.S. dollars per barrel, compared to 63.42 U.S. dollars for WTI oil and 68.21 U.S. dollars for the OPEC basket. Oil prices remained largely unchanged that week as economic expectations stayed low.Europe's Brent crude oil, the U.S. WTI crude oil, and OPEC's basket are three of the most important benchmarks used by traders as reference for oil and gasoline prices. Lowest ever oil prices during coronavirus pandemic In 2020, the coronavirus pandemic resulted in crude oil prices hitting a major slump as oil demand drastically declined following lockdowns and travel restrictions. Initial outlooks and uncertainty surrounding the course of the pandemic brought about a disagreement between two of the largest oil producers, Russia and Saudi Arabia, in early March. Bilateral talks between global oil producers ended in agreement on April 13th, with promises to cut petroleum output and hopes rising that these might help stabilize the oil price in the coming weeks. However, with storage facilities and oil tankers quickly filling up, fears grew over where to store excess oil, leading to benchmark prices seeing record negative prices between April 20 and April 22, 2020. How crude oil prices are determined As with most commodities, crude oil prices are impacted by supply and demand, as well as inventories and market sentiment. However, as oil is most often traded in future contracts (where a contract is agreed upon while product delivery will follow in the next two to three months), market speculation is one of the principal determinants for oil prices. Traders make conclusions on how production output and consumer demand will likely develop over the coming months, leaving room for uncertainty. Spot prices differ from futures in so far as they reflect the current market price of a commodity.

The flexible fuel vehicle (FFV) market, valued at $104 million in 2025, is projected to experience robust growth, exhibiting a Compound Annual Growth Rate (CAGR) exceeding 5% from 2025 to 2033. This expansion is driven by several key factors. Government regulations promoting cleaner fuel alternatives and reducing carbon emissions are significantly impacting market adoption. Furthermore, increasing consumer awareness of environmental concerns and the desire for fuel-efficient vehicles are boosting demand for FFVs. The rising price volatility of conventional fuels also contributes to the growing appeal of flexible fuel options, offering consumers cost savings and fuel diversification. Technological advancements leading to improved engine performance and durability in FFVs further solidify their market position. Segment-wise, the E10-E25 ethanol blend type is expected to dominate the market due to its wider compatibility and availability. Passenger cars currently represent the largest vehicle segment within the FFV market, although commercial vehicle adoption is anticipated to increase significantly over the forecast period. Geographically, North America, particularly the United States, is likely to hold a substantial market share, followed by Asia Pacific, fueled by growing economies and expanding automotive sectors in countries like China and India. However, the market faces restraints, including the limited infrastructure for biofuel distribution in certain regions and the higher initial cost of FFVs compared to conventional vehicles. Despite these challenges, the overall market outlook remains positive, driven by the aforementioned factors and continuous innovation within the automotive industry. The competitive landscape is characterized by a mix of established automotive manufacturers, including General Motors, Ford, Toyota, and Volkswagen, alongside other key players like Subaru, Volvo, Honda, Hyundai, BMW, and Stellantis. These companies are actively investing in research and development to improve FFV technology, expand their product portfolios, and cater to the evolving consumer preferences for sustainable and cost-effective transportation solutions. The continued development of advanced biofuels, coupled with supportive government policies, will likely play a crucial role in shaping the future trajectory of the FFV market, pushing it towards significant growth and wider adoption in the coming years. Strategic partnerships and collaborations between automotive manufacturers and biofuel producers are expected to further accelerate market expansion. This comprehensive report provides an in-depth analysis of the flexible fuel vehicle (FFV) market, covering the period from 2019 to 2033. It offers a detailed understanding of market dynamics, growth drivers, challenges, and future trends, empowering stakeholders to make informed strategic decisions. The report utilizes 2025 as the base year and provides estimations for 2025, with forecasts extending to 2033. The historical period analyzed is 2019-2024. The market is segmented by ethanol blend type (E10 to E25, E25 to E85, E85 and above), vehicle type (passenger cars, commercial vehicles), and fuel type (petrol, diesel). Key players analyzed include Subaru Corporation, Volvo Car Corporation, General Motors, Volkswagen AG, Stellantis NV, Honda Motor Company, Hyundai Motor Company, BMW AG, Nissan Motor Company, Toyota Motor Corporation, and Ford Motor Company. The report projects a market size in the millions of units. Recent developments include: February 2022: BMW launched a 3-series sedan in Brazil capable of running on ethanol-blended fuel. The new BMW 3 series can function normally even when running entirely on ethanol. A 2.0-liter four-cylinder B48 turbo powers the 3-series that has been slightly tuned to run on ethanol-based fuel., December 2022: SIAM, along with the Government of India, conducted a demonstration session where it showcased the vehicle features and technological developments to emphasize the use of FFVs (Flex-fuel vehicles) and future possibilities. During the demonstration, it was emphasized that there is a need for technology that can be used to convert waste to wealth, as India uses a significant amount of fossil fuel in the world.. Key drivers for this market are: Ratification of Stringent Exhaust Emission Regulations. Potential restraints include: Increase Sales of Electric Vehicle May Restraint the Growth of the Market. Notable trends are: Ratification of Stringent Exhaust Emission Regulations will Diesel Fuel Type Segment.