Petrol Price in Maharashtra

Maharashtra, a western state in India, is arguably the country’s most significant economic hub. With its vast network of industries, agriculture, and extensive urban population, the state depends heavily on petrol for transportation and commerce. Understanding the trends in petrol price in Maharashtra is essential for residents, businesses, and industries alike.

Petrol Price (Today & Yesterday) in Maharashtra

It is important to understand petrol rate fluctuations as they directly impact daily expenses, business costs, and economic planning. The table below shows the petrol rate today in Maharashtra compared to the price of fuel yesterday.

TodayYesterdayPrice Change (â‚ı)
111.21111.21Price Change 0

Petrol Price Maharashtra & Other Cities in India (Today & Yesterday)

The following table provides a comparative analysis of petrol prices in major cities of Maharashtra.

CityToday's Petrol Price (Per Litre) Yesterday's Petrol Price (Per Litre) Price Change (â‚ı)
Ahmednagar111.71111.71Price Change 0
Akola112.06112.06Price Change 0
Alibag112.08112.08Price Change 0
Amravati112.78112.78Price Change 0
Aurangabad114.79114.79Price Change 0

Last 10 Days Petrol Prices in Maharashtra

The changes in petrol prices in Maharashtra over the past 10 days are mentioned in the table below. This will provide a concise overview of price fluctuations during this period.

DatePetrol Price (Per Litre) Price Change (â‚ı)
21/08/2026111.71Price Change 0
21/08/2026112.06Price Change 0.35
21/08/2026112.78Price Change 0.72
21/08/2026112.26Price Change -0.52
21/08/2026112.86Price Change 0.6
21/08/2026111.84Price Change -1.02
21/08/2026112.4Price Change 0.56
21/08/2026112.63Price Change 0.23
21/08/2026111.72Price Change -0.91
21/08/2026112.14Price Change 0.42

Historical Monthly Petrol Prices in Maharashtra

Review the historical monthly trends of the petrol price in Maharashtra to gain a better understanding of how prices have shifted over time.

DetailsPrice (â‚ı)
1st July111.71 â‚ı/L
Current Date or 21st August112.26 â‚ı/L
Highest Price in 1st August113.18 â‚ı/L
Lowest Price in 3rd August111.18 â‚ı/L
Overall TrendRising
Price Change0.49%
DetailsPrice (â‚ı)
1st July112.6 â‚ı/L
Current Date or 31st July113.17 â‚ı/L
Highest Price in 3rd July113.21 â‚ı/L
Lowest Price in 1st July111.21 â‚ı/L
Overall TrendRising
Price Change0.51%

Overview of Petrol Prices in Maharashtra

Fluctuations in petrol prices are driven by global crude oil price variations, the rupee's exchange rate with the US dollar, and geopolitical factors. Additionally, the balance of supply and demand in the market is crucial for determining fuel prices.

Key Factors Affecting Petrol Rates in Maharashtra

Here are the primary factors that impact the petrol prices in Maharashtra:
  • Dealer commissionsGeopolitical events
  • Natural disasters
  • Government subsidies
  • Supply and demand
  • Currency exchange rate
  • Global crude oil prices
  • Taxes (VAT, Excise Duty, etc.)

Difference in Petrol and Diesel Rates in Maharashtra

Diesel prices in Maharashtra are usually lower than petrol prices. See the table below to compare the current market rates of petrol and diesel.

Petrol Price (â‚ı/Per Litre)Diesel Price (â‚ı/Per Litre)Price Change
111.2197.83â‚ı13.38

Understanding the Components of Petrol Pricing in Maharashtra

The current petrol price in Maharashtra is influenced by several key factors, with international crude oil prices playing the most significant role.
  • International Crude Oil Prices: The global price of crude oil is the main driver affecting petrol prices.Commission to Petrol Pump Dealers: Petrol pump dealers receive a commission on sales, which is factored into the total price.
  • Value Added Tax (VAT) or Sales Tax: State governments impose VAT or sales tax, further contributing to the overall petrol price in Maharashtra.
  • Buffer for Future Inflation: A buffer is added to cover potential future increases related to crude oil and refining costs, to help manage inflation.
  • Excise Duty + Road Cess: The government of India applies excise duty and road cess on petrol, which increases the final retail price.
  • Oil Marketing Company (OMC) Processing Cost: This refers to the costs that oil marketing companies incur when refining crude oil into petrol and other products.

Stay Updated: Latest Petrol Rates in Maharashtra

Here is the latest petrol price in Maharashtra:

StateToday’s Petrol Price (â‚ı)
Mumbai111.21

FAQs

What is the current price of petrol in Maharashtra?

The current price of petrol in Maharashtra (Mumbai) is â‚ı111.21

How often are petrol prices in Maharashtra updated?

The petrol price in Maharashtra is revised daily at 6 am based on the dynamic fuel pricing mechanism.

What are the main determinants of Maharashtra's petrol prices?

The main determinants of Maharashtra’s petrol prices are global crude oil prices, USD-INR exchange rate, geopolitical events and demand and supply.

How do local taxes and levies impact petrol rates in Maharashtra?

Local taxes, particularly VAT, significantly impact petrol prices in Maharashtra. Government policies and economic factors influence these taxes, ultimately affecting consumer prices.

Why are petrol prices different from diesel prices in Maharashtra?

Petrol prices differ from diesel prices in Maharashtra due to the varying local tax structures.

Which is generally more expensive in Maharashtra: petrol or diesel?

Generally, the petrol price in Maharashtra is higher compared to the price of diesel.

How is the retail price of petrol in Maharashtra broken down?

The retail price of petrol in Maharashtra is primarily constituted by the cost of crude oil, refining costs incurred by Oil Marketing Companies (OMCs), dealer commissions, excise duty, and Value Added Tax (VAT).

What was the cost of petrol in Maharashtra yesterday?

Yesterday’s cost of petrol in Maharashtra was â‚ı111.21

Why do petrol prices change daily in Maharashtra?

Petrol prices fluctuate daily based on factors like global crude oil prices, the rupee-dollar exchange rate, supply-demand dynamics, and geopolitical events. These factors collectively shape the fuel market and impact consumer prices.

Is there a designated time for daily petrol price updates in Maharashtra?

Petrol prices in Maharashtra are updated daily at 6 am.

What is the price for 1 litre of petrol in Maharashtra?

The current price of 1-litre petrol in Maharashtra is â‚ı111.21.