Fuel Prices Today, 12 April 2026: Global crude oil prices have finished their most volatile week of the year near monthly lows. The US-Iran ceasefire and subsequent peace talks in Islamabad have significantly reduced the “war premium,” though domestic retail fuel prices in India remain frozen as oil companies monitor the situation’s stability. While international markets saw a historic single-day crash of 16-17% on 8 April, retail petrol and diesel rates at state-run pumps have not seen a fresh revision today.
Delhi Fuel Prices Today (April 12, 2026)
| Fuel Type | Variant | Price (Delhi) |
|---|---|---|
| Petrol | Regular | ₹94.77 per Litre |
| Diesel | Regular | ₹87.67 per Litre |
| CNG (IGL) | Standard | ₹77.09 per Kg |
| Domestic LPG | 14.2 kg Cylinder | ₹913.00 per Cylinder |
| Commercial LPG | 19 kg Cylinder | ₹2,078.50 per Cylinder |
| Domestic PNG | NA | ₹49.59 per SCM |
| AutoGas (LPG) | Automotive | ₹64.80 per Litre |
| Aviation Fuel (ATF) | Domestic Scheduled | ₹1,04,927 per KL |
City-wise Fuel Price Table (12 April 2026)
Prices for Petrol and Diesel are per litre; CNG is per kg; LPG is per 14.2kg domestic cylinder.
| City | Petrol | Diesel | CNG | Domestic LPG |
|---|---|---|---|---|
| New Delhi | ₹94.77 | ₹87.67 | ₹77.09 | ₹913.00 |
| Mumbai | ₹103.54 | ₹90.03 | ₹80.50 | ₹912.50 |
| Kolkata | ₹105.41 | ₹92.02 | ₹93.50 | ₹939.00 |
| Chennai | ₹100.80 | ₹92.39 | ₹91.50 | ₹928.50 |
| Bangalore | ₹102.92 | ₹90.99 | ₹88.95 | ₹915.50 |
| Hyderabad | ₹107.46 | ₹95.70 | ₹97.00 | ₹965.00 |
| Lucknow | ₹94.65 | ₹87.76 | ₹92.25 | ₹951.00 |
Industrial & Commercial Fuel Highlights
- Commercial LPG (19 kg): Prices remain high at ₹2,078.50 (Delhi) and ₹2,031.00 (Mumbai) following the sharp hike on 1 April
- Aviation Fuel (ATF): Domestic jet fuel is priced at approximately ₹1,04,927 per KL for scheduled airlines, while non-scheduled charter rates remain near records at ₹2.07 lakh per KL
- AutoGas (LPG): Currently retailing at ₹64.80 per litre in Delhi
- Piped Natural Gas (PNG): Supply in Delhi remains “Top Priority” and is currently priced at ₹49.59 per SCM
Key Market Updates
- Windfall Tax: To increase domestic availability, the government recently raised export duties (windfall tax) on diesel to ₹55.5 per litre and on ATF to ₹42 per litre
- Cooking Gas: Domestic LPG prices have remained stable since March 2026, but commercial cylinders (used by hotels) continue to reflect the ₹195.50 hike implemented on 1 April
- Retail Stability: Retail prices are inclusive of Excise Duty and VAT, which vary by state. The current stability is expected to continue until the peace talks in Islamabad show a long-term resolution
Global Oil Market Today – April 12, 2026
Global crude oil prices remain at their lowest levels this month following a historic crash triggered by the US-Iran ceasefire announcement. While international markets are closed for the weekend, prices ended the week with a 10%–12% weekly decline as high-level peace talks in Islamabad entered their second day.
| Benchmark | Price (USD/bbl) | Weekly Change |
|---|---|---|
| WTI Crude (US) | $96.57 | -12% weekly |
| Brent Crude (Global) | $95.20 | -10% weekly |
| OPEC Basket | ~$107.29 | NA |
Crude Oil (CLW00) Price Chart
- Open: $90.30 | High: $91.80 | Low: $88.76
- Previous Close: $89.93 | Volume: 178,385 | Open Interest: 282,178
- Daily Change: -0.39%
Market Sentiment & Peace Talks
- Direct Negotiations: For the first time since 1979, top U.S. and Iranian officials are meeting directly in Islamabad, bypassing the usual shuttle diplomacy
- Strait of Hormuz: Despite the ceasefire, oil prices retain a “risk premium” as the Strait remains largely closed to commercial traffic. The U.S. Navy has reportedly sent minesweeping ships to clear the passage to restore tanker flow
- Price Volatility: Oil previously hit all-time highs of $410.45 (WTI) and $147.50 (Brent) during the peak of the conflict but has plummeted over $26 per barrel since the diplomatic breakthrough on 8 April
What This Means for Consumers
- Regular Fuel: Petrol and diesel remain stable at state-run pumps; no immediate revision expected as OMCs recover from previous under-recoveries
- Commercial LPG: Restaurants and small businesses face ₹2,078.50 per 19kg cylinder in Delhi
- ATF: Domestic jet fuel corrected to ~₹1.04 lakh/KL for scheduled carriers, which may help stabilise airfares
- Peace Talks Impact: Any breakthrough could lead to further price stability; any breakdown could renew the risk premium
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.
