Petrol and Diesel Prices Drop in Maharashtra as New Rates Announced for May 7
Mumbai, 7th May 2025: Petrol and diesel prices in Maharashtra saw a downward revision early this morning, bringing some relief to consumers. The new fuel rates, announced at 6 a.m., are now effective across cities in the state.
Fuel prices remain a daily concern for the average citizen, impacting everything from transportation costs to overall household expenses. The latest reduction in petrol and diesel rates offers minor respite amid ongoing global volatility in crude oil prices.
While international crude oil rates continue to be the primary factor influencing fuel prices, the final cost at the pump varies across cities due to state-specific taxes, VAT, and freight charges. Despite these local differences, the overall trend today is a decrease in prices statewide.
How to Check Updated Fuel Rates
Consumers can verify the latest prices using official channels:
Indian Oil customers: Send an SMS with HPPRICE to 92222 01122
BPCL customers: Text RSP to 92231 12222
Citizens are advised to check local rates on official state portals or fuel company websites, as rates may slightly vary by location.
Global Market Still a Key Influencer
While today’s dip offers temporary relief, fuel prices are expected to remain volatile, closely tied to movements in the international crude oil market. Regular updates remain crucial for both consumers and businesses managing transportation or logistics costs.
