Bhubaneswar, March 25, 2025: In a landscape shaped by global oil prices and market dynamics, petrol and diesel prices across various Indian cities reflect a mix of stability and regional fluctuations. As of today, the prices for fuel in Bhubaneswar have seen a minor reduction, capturing the attention of motorists in the region.
According to the latest data, petrol in Bhubaneswar is priced at Rs 101.10 per liter, while diesel costs Rs 92.68 per liter. This represents a slight drop today, maintaining a trend observed over the past several weeks. In Cuttack, the pricing is slightly higher with petrol at Rs 101.31 per liter and diesel at Rs 92.88 per liter, down 0.55 Paise, as reported on March 25, 2025.
Broadening our view across India, petrol prices vary considerably from city to city. For instance, the capital, Delhi, has petrol priced at Rs 94.77 per liter, while in Mumbai, it stands at Rs 103.50 per liter. Chennai follows closely behind with petrol priced at Rs 101.03 per liter. Diesel prices also exhibit significant differences: in Delhi, it is Rs 87.67 per liter, while in Kolkata, it’s Rs 91.82 per liter, and in Mumbai, Rs 90.03 per liter.
Meanwhile, good news comes from neighboring Pakistan, where the government has indicated potential cuts to petrol and diesel prices slated for April 1, 2025. Reports suggest that a drop of approximately Rs 3 to Rs 3.50 per liter for petrol and around Rs 3 for diesel is expected due to a decrease in global oil prices. Currently, petrol in Pakistan costs Rs 255.63 per liter, and diesel is at Rs 258.64. If the price cuts are implemented, they would provide significant relief to consumers, who are grappling with rising costs amid economic challenges.
The recent global trends indicate a decline in crude oil prices, with petrol moving down from $7.24 to $5.84 per barrel. Diesel prices have also seen an adjustment downwards by $0.60 per barrel. These developments are likely to directly influence the consumer prices in Pakistan, with Finance Minister’s expected announcement to finalize the cuts, coinciding with the festive season of Eidul Fitr.
As for the southern Indian city of Chennai, the latest reports show that as of March 25, 2025, petrol costs Rs 100.80 per liter while diesel is slightly lower at Rs 92.39. This pricing reflects the current crude oil market situation and factors like the Indian rupee's value compared to the US dollar.
Turning to South Africa, economists are predicting similar price reductions ahead, buoyed by a stronger rand and lower international oil prices. Forecasts suggest that motorists might see a petrol price cut of around 85 cents per liter as early as next week. Johann Els, chief economist at Old Mutual Group, emphasized the positive outlook, stating, “At the moment, the daily recovery is running at 58 cents a liter.”
Dawie Roodt, another expert, predicts an even larger decrease, estimating a drop of 90 cents to R1 a liter. This anticipated relief comes as the South African Reserve Bank recently opted to leave interest rates unchanged at 7.5% per annum, which counters steadily rising inflation.
John Krugell, an economics professor at North-West University, further corroborates this trend with good news for inflation expectations: “There is a significant over-recovery of around 87 cents for petrol.” The overall market sentiment is leaning towards optimism, with the potential for sustained price drops in the months to come.
In summary, March 25, 2025, marks a pivotal moment for fuel prices across various regions, with Bhubaneswar and Cuttack showing slight decreases while consumers in Pakistan anticipate relief from upcoming cuts. As international oil prices ease, it sets off a chain reaction influencing domestic pricing strategies worldwide. Economists are watching the developments closely, believing more relief is possible if the trends continue on their current trajectory.
