Fuel Prices Today: Check Latest Petrol and Diesel Rates in Major Indian Cities

New Delhi, April 29, 2026 — As of this Wednesday morning, fuel consumers across India can breathe a sigh of relief as petrol and diesel prices have remained steady at their current levels. Despite ongoing global market volatility and fluctuations in international crude oil prices, state-run oil marketing companies (OMCs) have maintained the status quo at the retail pump level today.

For millions of commuters and transport businesses, this stability is a welcome, albeit closely watched, development. With crude oil markets remaining on edge due to geopolitical tensions in West Asia and disruptions to key shipping routes, there had been widespread speculation about a possible upward revision in fuel rates. However, for now, the retail prices remain anchored.

Current Fuel Rates Across Major Metros

As of April 29, 2026, here are the approximate retail prices for petrol and diesel in key Indian metropolitan cities:

(Note: Fuel prices are subject to daily revisions and vary from state to state due to local taxes, VAT, and transportation costs. Consumers are advised to check their local fuel station rates for the most accurate, real-time data.)

Stability Amidst Global Uncertainty

The current price stability comes at a challenging time for global energy markets. Tensions in the Strait of Hormuz, a critical chokepoint for global oil supplies, have raised concerns about potential supply chain disruptions. International crude benchmarks have seen significant movement over the past few weeks, often reaching multi-month highs.

Typically, when global crude prices spike, the impact is felt in India because the country imports a significant portion of its crude oil requirements. However, the government and oil marketing companies have seemingly opted to absorb these shocks to keep inflation in check and provide stability to the domestic economy.

Why Do Prices Differ Across Cities?

Many consumers often wonder why petrol and diesel prices are not uniform across the country. The answer lies in the complex structure of fuel taxation in India. While the base price of fuel—determined by international crude oil costs and the exchange rate of the Indian Rupee against the US Dollar—is largely standard, the final retail price at your local petrol pump includes several components:

1. Central Excise Duty: This is a flat rate levied by the central government and is uniform across the country.
2. State VAT (Value Added Tax): This is the primary driver of regional price variations. Each state government levies its own VAT, which differs significantly from one state to another.
3. Dealer Commission: This is the profit margin for the petrol pump owner, which also adds a small layer to the final cost.
4. Transportation Costs: The distance of a city from the refinery or supply depot affects the freight costs, further influencing local prices.

How to Check Daily Prices

Since fuel prices in India are dynamic and subject to daily revision (updated at 6:00 AM every day), it is always best to verify the rates before heading to the pump.

• SMS Service: You can get the latest prices by sending an SMS to 92249 92249. Simply type “RSP Dealer Code of Petrol Pump” and send it.
• Company Apps/Websites: Most major oil marketing companies, including Indian Oil (IOCL), Bharat Petroleum (BPCL), and Hindustan Petroleum (HPCL), provide mobile apps and online portals where you can check the exact rates for your specific city and dealer.

Outlook for the Coming Months

While today brings stability, analysts are keeping a close watch on the geopolitical landscape. The ongoing conflict in West Asia and the potential for supply chain bottlenecks mean that energy markets will likely remain volatile for the foreseeable future. However, for the average citizen today, the focus remains on the current relief at the pump.