Fuel Prices Today, 29 March 2026: Fuel prices across major Indian cities remain largely unchanged from yesterday. The central government recently announced a significant ₹10 per litre excise duty cut on both petrol and diesel to offset rising global crude oil prices, which have surged toward $149 per barrel due to geopolitical tensions in West Asia. However, state-run oil marketing companies (OMCs) like IOCL, BPCL, and HPCL are using this tax relief to absorb their own losses rather than passing price cuts to consumers, keeping retail rates steady for now.
Delhi Fuel Prices Today (March 29, 2026)
| Fuel Type | Variant | Price (Delhi) |
|---|---|---|
| Petrol | Regular | ₹94.77 per Litre |
| Petrol | Premium (XP95/Speed) | ₹101.89 per Litre |
| Diesel | Regular | ₹87.67 per Litre |
| Diesel | High Speed / Turbo | ₹92.45 per Litre |
| CNG | Standard | ₹77.09 per kg |
| LPG | Domestic (14.2 kg) | ₹913.00 per cylinder |
| LPG | Commercial (19 kg) | ₹1,884.50 per cylinder |
| PNG | Domestic (Piped Gas) | ₹47.89 per SCM |
| Auto LPG | Standard | ₹50.21 per Litre |
| Ethanol (E100) | Bio-fuel | ₹72.50 per Litre |
Today’s Fuel Prices in Major Cities (per Litre)
| City | Petrol Price | Diesel Price |
|---|---|---|
| New Delhi | ₹94.77 | ₹87.67 |
| Mumbai | ₹103.54 | ₹90.03 |
| Bangalore | ₹102.96 | ₹90.99 |
| Hyderabad | ₹107.46 | ₹95.70 |
| Kolkata | ₹105.45 | ₹92.02 |
| Chennai | ₹100.85 | ₹92.81 |
| Gurgaon | ₹95.57 | ₹87.83 |
| Noida | ₹94.90 | ₹87.81 |
| Ahmedabad | ₹94.63 | ₹90.61 |
| Lucknow | ₹94.69 | ₹87.81 |
| Patna | ₹105.23 | ₹91.49 |
| Pune | ₹103.95 | ₹90.03 |
State-Wise Average Prices (per Litre)
| State | Petrol Price | Diesel Price |
|---|---|---|
| Andhra Pradesh | ₹109.65 | ₹97.47 |
| Bihar | ₹105.23 | ₹91.49 |
| Goa | ₹97.30 | ₹89.04 |
| Gujarat | ₹94.94 | ₹90.61 |
| Haryana | ₹95.95 | ₹88.40 |
| Karnataka | ₹102.92 | ₹90.99 |
| Kerala | ₹107.48 | ₹96.48 |
| Madhya Pradesh | ₹106.52 | ₹91.89 |
| Rajasthan | ₹104.72 | ₹90.21 |
| Tamil Nadu | ₹100.85 | ₹92.40 |
| Uttar Pradesh | ₹94.69 | ₹87.81 |
| West Bengal | ₹105.45 | ₹92.02 |
Key Market Updates
- Excise Duty Cut: The government has slashed excise duty to ₹3 for petrol and zero for diesel as of March 27, 2026, a reduction of ₹10 per litre on both fuels.
- State-Run OMCs: IOCL, BPCL, and HPCL are using this tax relief to absorb their own losses rather than passing price cuts to consumers, keeping retail rates steady.
- Private Retailers: Unlike state-run companies, private retailer Nayara Energy recently increased its prices by roughly ₹5 per litre for petrol and ₹3 per litre for diesel to cover higher input costs.
- Premium Fuels: Prices for premium petrol variants (like BPCL’s Speed or IOCL’s XP95) were recently hiked by approximately ₹2 per litre.
- LPG & CNG: Domestic LPG remains at ₹913 per cylinder following the ₹60 hike earlier this month; CNG holds steady at ₹77.09 per kg in Delhi.
Global Oil Market
International benchmarks spiked earlier this month following conflict in the Middle East, though they eased slightly after a 10-day strike pause was announced. As of March 27, 2026, prices remain volatile.
| Benchmark | Current Price |
|---|---|
| Brent Crude | $107.81 – $114.81 per barrel |
| WTI Crude | $96.48 – $98.24 per barrel |
| Heating Oil | ~$4.32 per gallon |
| RBOB Gasoline | ~$3.16 per gallon |
Why Are Prices Stable Despite Global Spike?
- Excise Duty Relief: The government’s ₹10 per litre excise duty cut on petrol and diesel has provided room for OMCs to absorb global price increases.
- State-Run Absorption: OMCs are using the tax relief to offset their own under-recoveries rather than passing benefits to consumers.
- Strategic Reserves: India maintains adequate oil stocks to handle potential disruptions.
Fuel Price Trend (Last 6 Months)
| Period | Petrol (Delhi) | Diesel (Delhi) | LPG (Delhi) | CNG (Delhi) |
|---|---|---|---|---|
| September 2025 | ₹94.77 | ₹87.67 | ₹853.00 | ₹74.59 |
| March 2026 | ₹94.77 | ₹87.67 | ₹913.00 | ₹77.09 |
| 6-Month Change | 0% | 0% | +₹60 (7%) | +₹2.50 (3.3%) |
Can Fuel Prices Change?
Short-Term Outlook:
- State-Run Pumps: Rates are expected to remain stable as OMCs utilize the excise duty cut to manage their margins.
- Private Retailers: Nayara and other private players may continue to charge a premium to reflect global prices.
- Future Risks: If global crude sustains above $120 per barrel, pressure may build for retail price adjustments.
What This Means for Consumers
- Stable Rates: Regular petrol and diesel prices at state-run pumps remain unchanged despite global volatility.
- Premium Variants: Expect to pay ₹2 more per litre for high-octane petrol.
- Private Pumps: Nayara outlets may charge ₹5 more for petrol and ₹3 more for diesel.
- LPG: Domestic cylinder prices remain at post-hike levels; Ujjwala beneficiaries receive a ₹300 subsidy.
Disclaimer: Fuel prices are subject to daily revisions by oil marketing companies. Rates are indicative and may vary by outlet. Please check with local fuel stations for exact pricing.
