Petrol Price in mumbai
Date: 16th May 2026Today's Petrol Price In Mumbai
Today's Price
₹ 106.68
Yesterday's Price
₹ 103.54
Change
₹ 3.14
Petrol prices are subject to frequent revisions and hence tracking them daily is important. Petrol is a widely used fuel in cars and its rate impacts the fuel bill that you have to pay. Petrol prices in India are influenced by several factors, the most important of which are the price of global crude oil, the average price of the Indian crude basket, and finally the price in your city is decided by the state-level tax, which is the value added tax.
Monthly Petrol Price Trend in mumbai
The table below displays the daily petrol price in the city for the last 30 days, offering a clear picture of how the rate has changed over time.
Date
Price / Ltr
15-05-2026
₹ 106.68
14-05-2026
₹ 103.54
13-05-2026
₹ 103.5
12-05-2026
₹ 103.54
11-05-2026
₹ 103.54
10-05-2026
₹ 103.54
09-05-2026
₹ 103.54
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Petrol Rate Today in Popular Cities
Petrol prices can vary across different metro cities due to transportation costs, local taxes, and demand patterns. Comparing petrol rates with other major metro cities provides a broader perspective on regional price differences and national pricing trends.
City
Price / Ltr
₹ 109.86₹ 3.31
₹ 97.35₹ 3.01
₹ 113.03₹ 3.29
₹ 106.68₹ 3.14
₹ 106.68₹ 3.14
₹ 107.48₹ 3.26
₹ 97.27₹ 2.97
₹ 101.21₹ 2.97
₹ 107.97₹ 2.94
₹ 98.31₹ 2.93
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How Petrol Price is Determined in Mumbai
Petrol prices are determined through a combination of global and domestic factors. The base price of petrol is set by oil marketing companies such as Indian Oil Corporation, Bharat Petroleum, and Hindustan Petroleum based on international crude oil rates.
Factors Affecting Petrol Price in Mumbai
Several factors influence petrol prices on a daily basis. The most significant factor is the fluctuation in global crude oil prices, as India imports a large portion of its crude oil.
Petrol Price Breakdown in Mumbai
The petrol price is made up of multiple components. These include the base price of petrol, refinery processing costs. On top of this, the central government imposes excise duty, while the state government applies VAT.
Impact of Petrol Prices on Consumers in Mumbai
Petrol prices have a direct impact on the daily expenses of consumers. Higher fuel prices increase transportation costs for individuals, especially those who rely on personal vehicles for commuting.
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Petrol usage is influenced by a combination of consumer demand, government taxation policies, and global crude oil market trends. A well‑developed fuel distribution network and widespread availability of petrol pumps make fuel access convenient for daily commuters and businesses. At the same time, fluctuations in international oil prices and currency exchange rates continue to shape the overall pricing environment.
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