![Fuel Prices Today [9 April, 2026]: Petrol & Diesel Steady in India, Crude Crashes 20% on US-Iran Ceasefire; Relief Expected in Coming Weeks | Check City-Wise Rates](https://assets-news-bcdn.dailyhunt.in/cmd/resize/800x600_75/fetchdata20/images/d1/dd/a3/d1dda3e25d679622ae6ddf7a58bb0e5d80963742ca149e2d3d979ee3a3026ad4.webp)
Fuel Prices Today, 9 April 2026: International crude oil prices are beginning to stabilize following their sharpest single-day crash in years triggered by the two-week ceasefire between the US and Iran.
Global benchmarks experienced a dramatic 13-18% plunge immediately after President Trump announced the ceasefire, as the "war premium" deflated on hopes of the Strait of Hormuz reopening. Domestic retail fuel prices in India, however, remain largely unchanged as oil marketing companies (OMCs) assess the durability of the truce.
Fuel Prices Today (April 9, 2026)
| Fuel Type | Variant | New Delhi | Mumbai | Chennai | Kolkata |
|---|---|---|---|---|---|
| Petrol | Regular | ₹94.77 | ₹103.54 | ₹100.80 | ₹105.86 |
| Diesel | Regular | ₹87.67 | ₹90.03 | ₹92.39 | ₹92.02 |
| LPG | Domestic (14.2 kg) | ₹913.00 | ₹912.50 | ₹928.50 | ₹939.00 |
| LPG | Commercial (19 kg) | ₹2,078.50 | ₹2,031.00 | ₹2,246.50 | ₹2,208.50 |
| CNG | Standard | ₹77.09 | ₹81.00 | ₹91.50 | ₹94.00 |
| PNG | Domestic | ₹49.59 | ₹50.00 | ₹50.00 | ₹50.00 |
| AutoGas | LPG for vehicles | ₹64.80 | ₹65.38 | ₹58.78 | ₹57.26 |
| ATF | Jet Fuel (per KL) | ₹1,04,927 | ₹98,247 | ₹1,09,873 | ₹1,09,450 |
Metro City Comparison - Petrol & Diesel (per Litre)
| City | Petrol Price | Diesel Price |
|---|---|---|
| New Delhi | ₹94.77 | ₹87.67 |
| Mumbai | ₹103.54 | ₹90.03 |
| Chennai | ₹101.06 | ₹91.50 |
| Bangalore | ₹102.96 | ₹88.95 |
| Hyderabad | ₹107.46 | ₹97.00 |
Note: While "normal" fuel rates are stable, Premium petrol and Industrial diesel saw minor hikes earlier this month to offset previous high crude costs.
International Fuel Prices
Global benchmarks experienced a dramatic 13-18% plunge immediately after President Trump announced the ceasefire, as the "war premium" deflated on hopes of the Strait of Hormuz reopening.
| Benchmark | Current Price | Peak (Late March) | Drop |
|---|---|---|---|
| Brent Crude (Global) | $94.75 - $96.70 per barrel | ~$119 | -13.3% |
| WTI Crude (US) | $94.41 - $96.92 per barrel | ~$119 | -16.4% |
Historical Context: The immediate crash of ~$26 per barrel represents the steepest single-day decline since the COVID-19 demand shock in April 2020.
The Ceasefire Agreement
- Brokered By: Pakistan
- Announced By: President Donald Trump
- Condition: The suspension of US and Israeli military strikes is strictly subject to the "complete, immediate, and safe opening" of the Strait of Hormuz by Iran
- Supply Relief: The possible reopening of the Strait, a chokepoint for 20% of global oil supply, has eased immediate fears of a massive energy shortage
Market Outlook
Strait of Hormuz
- Although the ceasefire was announced, shipping experts report that transit remains cautious and has not yet returned to pre-war volumes
- The condition of safe reopening is yet to be fully implemented
Domestic Relief
- Indian consumers might see a downward revision in pump prices in the coming weeks if international crude stays below $100 for a sustained period
- OMCs typically adjust rates based on a 15-day average of international prices
Aviation Impact
- Aviation Turbine Fuel (ATF) prices were hiked by 8.5% in early April
- However, airline shares (like IndiGo) skyrocketed by 11% today on expectations of future fuel cost relief
Commodity Market (MCX)
- Crude oil futures in India hit their lower circuit limit (6% drop) following the news
Stock Market Impact
- Indian equity markets surged, with the Sensex gaining over 2,900 points and the Nifty rising nearly 4% on the back of lower energy costs
What This Means for Consumers
- Immediate Impact: No change at state-run pumps today; OMCs are waiting for sustained price trends
- Relief Expected: If crude stays below $100, petrol and diesel prices could be revised downward in the coming weeks
- Private Pumps: Shell, Nayara, and other private retailers may adjust faster than state-run outlets
- Currency Watch: The Rupee remains under pressure, which partially offsets the benefit of lower crude prices
Disclaimer: Fuel prices are subject to daily revision by oil marketing companies. All rates listed are indicative and may vary by outlet, location, and date. Please check with your local fuel station or the official IOCL/BPCL/HPCL apps for real-time pricing.