Fuel prices in India have been revised on March 5, 2026, with slight fluctuations in various cities across the country. Here’s a quick breakdown of the latest petrol and diesel rates in major urban centers:
- Delhi: Petrol – ₹107.60/litre | Diesel – ₹96.75/litre
- Mumbai: Petrol – ₹113.47/litre | Diesel – ₹102.64/litre
- Chennai: Petrol – ₹110.80/litre | Diesel – ₹98.50/litre
- Bangalore: Petrol – ₹110.00/litre | Diesel – ₹99.00/litre
- Kolkata: Petrol – ₹108.25/litre | Diesel – ₹97.50/litre
The fluctuations in petrol and diesel prices are primarily driven by changes in global crude oil prices, exchange rates, and domestic taxes. Fuel rates in India are reviewed regularly, and any changes reflect both international market conditions and decisions made by the central government and state authorities.
Impact of Crude Oil Prices on Domestic Fuel Costs
The recent global rise in crude oil prices, particularly in light of geopolitical tensions and supply disruptions, has contributed to the rise in fuel prices across India. These fluctuations are closely monitored by economists and government officials to gauge their potential impact on inflation and the cost of living.
Government Measures to Mitigate Rising Fuel Prices
The Indian government has been taking measures to address rising fuel costs, including excise duty adjustments and subsidies to shield consumers from extreme price hikes. However, with crude oil prices continuing to remain volatile, the road ahead for fuel prices remains uncertain.
