This comes even as crude oil prices saw a dip following the ceasefire announcement two days ago. However, with lasting peace still uncertain, volatility in crude markets persists. This ongoing fluctuation is once again putting pressure on India's oil marketing companies.

International Fuel Prices

Fuel prices across India remained unchanged at the start of the new financial year 2026-27 on April 10, even as global crude markets continue to witness volatility due to disruptions in key shipping routes. The prices remain around USD 100 per barrel.

Petrol Diesel Prices Today

In the national capital, petrol is still being sold at Rs 94.77 per litre, while diesel stands at Rs 87.67 per litre. Mumbai continues to rank among the most expensive metros, with petrol priced at Rs103.54 per litre and diesel at around Rs 90.03 per litre. In other major cities such as Bengaluru, Hyderabad, and Kolkata, petrol prices remain above Rs 100 per litre, whereas diesel continues to stay below the Rs 100 mark.

What determines petrol and diesel prices in India?

Fuel prices in India are influenced by a mix of global and domestic factors. The most important among them is the international price of crude oil, which serves as the primary raw material for petrol and diesel. Any movement in crude prices has a direct impact on the rates consumers pay at fuel stations. Another crucial factor is the rupee-dollar exchange rate. Since India imports a large portion of its crude oil, a weaker rupee against the dollar increases import costs, which can lead to higher fuel prices domestically.

Why do fuel prices vary ?

Apart from global factors, taxes imposed by both the central and state governments form a significant part of the final fuel price. This is the main reason why petrol and diesel rates differ from one state to another. Additionally, transportation costs and local demand-supply dynamics also play a role in determining the prices consumers see at the pump.

Petrol Price City Wise