India's Fuel Market: Regular Prices Steady Amid Rising Costs

India's Fuel Market: Regular Prices Steady Amid Rising Costs.webp

April 1, New Delhi: The Ministry of Petroleum and Natural Gas clarified that the prices of regular petrol and diesel—the fuels that India relies on—remain unchanged at ₹94.77/litre and ₹87.67/litre in Delhi.

With global petroleum prices up by as much as 100% in the last month, Public Sector Undertaking (PSU) oil marketing companies are incurring losses of ₹24.40/litre on petrol and ₹104.99/litre on diesel at the RSP level as of April 1, 2026. These decisions align with the commitment of Hon'ble Prime Minister @narendramodi to protect Indian citizens from soaring international prices.

The recent ₹2/litre revision only applies to premium petrol variants—XP95, Power95, Speed—high-performance products whose prices are revised every two weeks, and whose sales represent 2–5% of the total volume. These are purchased by motorists at a premium, by choice.

Every petrol pump in India continues to offer regular petrol and diesel at unchanged prices, even as prices have risen by 30–50% in countries around the world.
 
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delhi diesel fuel prices india ministry of petroleum and natural gas natural gas oil marketing companies petrol petroleum power95 premium petrol price revision public sector undertaking rsp (refining, storage and product) speed xp95
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