**Executive Summary**
This document provides the response to Lok Sabha Unstarred Question No. 43, posed by Shri Kalipada Saren Kherwal, regarding crude oil and petrol prices. It details the yearly average prices in rupees for the Indian Basket of Crude Oil and petrol prices in New Delhi, spanning from 2004-05 to 2024-25. The response was prepared for January 29, 2026.
**Key Points / Main Content**
* **Crude Oil Prices:**
* Provides the yearly average price of the Indian Basket of Crude Oil from 2004-05 to 2024-25 in Rupees/Barrel (Annexure-I).
* **Petrol Prices in New Delhi:**
* Provides the yearly average retail selling price (RSP) of petrol in New Delhi from 2004-05 to 2024-25 in Rupees/Litre (Annexure-II).
* **Data Source:**
* The Petroleum Planning and Analysis Cell (PPAC) is the source of the data for both crude oil and petrol prices.
**Impact Analysis**
**Shri Kalipada Saren Kherwal**
* **Impact:** Shri Kherwal receives the requested details regarding crude oil and petrol prices.
* **Action Required:** No direct action is required of Shri Kherwal. He has received the requested information.
**Ministry of Petroleum and Natural Gas**
* **Impact:** The Ministry, specifically the Minister of State, provides the answer to the parliamentary question.
* **Action Required:** The ministry has fulfilled its obligation by providing the data.
Key Entities Referenced
Ministry of Petroleum and Natural Gas: The Indian government ministry responsible for the exploration, production, refining, distribution, marketing, import, export, and conservation of petroleum, natural gas, petrochemicals, and related products.
Lok Sabha Unstarred Question No. 43: A parliamentary question regarding crude oil prices and petrol prices, answered in the Lok Sabha.
New Delhi: The location (city) where average petrol prices are analyzed in the response.
Indian Basket of Crude Oil: A weighted average of Dubai, Oman, and Brent crude oil prices, used as a benchmark for crude oil in India.
LOK SABHA
UNSTARRED QUESTION NO. 43
TO BE ANSWERED ON 29 JANUARY, 2026
Crude Oil Prices
43. SHRI KALIPADA SAREN KHERWAL:
पेट(cid:332)ोिलयम और (cid:366)ाकृ ितक गैस मं(cid:361)ी
Will the Minister of PETROLEUM AND NATURAL GAS be pleased to state:
(a) the details of crude oil prices in rupees between 2004-2014 and between 2014-2024, year-
wise; and
(b) the details of petrol price in rupees in New Delhi between 2004-2014 and between 2014-
2024, year-wise?
ANSWER
पेट(cid:332)ोिलयम और (cid:366)ाकृ ितक गैस मं(cid:361)ालय म(cid:336) रा(cid:475) मं(cid:361)ी
((cid:373)ी सुरेश गोपी)
MINISTER OF STATE IN THE MINISTRY OF PETROLEUM AND NATURAL GAS
(SHRI SURESH GOPI)
(a): The yearly average of Indian Basket of Crude Oil from 2004-05 to 2024-25 in
Rupees/Barrel is given at Annexure-I.
(b): The yearly average of Petrol Prices at New Delhi from 2004-05 to 2024-25 is given at
Annexure-II.
*****Annexure-I
Annexure referred to in reply to Lok Sabha Unstarred Question No. 43 asked by Shri
Kalipada Saren Kherwal be answered on 29.01.2026 regarding “Crude Oil Prices”.
Average prices of Indian Basket of Crude Oil
Indian Basket of Crude Oil
FY
(Rs./Barrel)
2004-05 1,762.58
2005-06 2,467.62
2006-07 2,828.34
2007-08 3,188.92
2008-09 3,837.03
2009-10 3,307.86
2010-11 3,878.23
2011-12 5,364.65
2012-13 5,878.93
2013-14 6,383.26
2014-15 5,145.91
2015-16 3,022.05
2016-17 3,190.64
2017-18 3,636.57
2018-19 4,883.54
2019-20 4,286.12
2020-21 3,325.83
2021-22 5,899.97
2022-23 7,488.59
2023-24 6,836.98
2024-25 6,643.80
Source: Petroleum Planning and Analysis Cell (PPAC)Annexure-II
Annexure referred to in reply to Lok Sabha Unstarred Question No. 43 asked by Shri
Kalipada Saren Kherwal be answered on 29.01.2026 regarding “Crude Oil Prices”.
Average Retail Selling Prices (RSP) of Petrol at New Delhi
FY Average RSP of Petrol (Rs./Litre)
2004-05 36.61
2005-06 40.66
2006-07 44.74
2007-08 43.96
2008-09 46.42
2009-10 44.35
2010-11 52.65
2011-12 64.71
2012-13 68.75
2013-14 69.76
2014-15 66.37
2015-16 61.59
2016-17 64.61
2017-18 69.20
2018-19 75.37
2019-20 72.69
2020-21 80.84
2021-22 98.05
2022-23 97.90
2023-24 96.63
2024-25 94.74
Source: Petroleum Planning and Analysis Cell (PPAC)