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Fuel Prices Today, 30 March 2026: Fuel prices in Delhi and major Indian metro cities remain stable today, Monday, March 30, 2026. While global crude oil has surged to approximately $113 per barrel due to ongoing conflict in West Asia and the effective closure of the Strait of Hormuz, domestic state-run oil marketing companies (OMCs) are holding retail rates steady following a significant excise duty cut by the central government.
Fuel Prices Today (March 30, 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 Gas | Standard | ₹64.80 per Litre |
Metro City Comparison (per Litre)
| City | Petrol Price | Diesel Price |
|---|---|---|
| Mumbai | ₹103.54 | ₹90.03 |
| Bangalore | ₹102.96 | ₹90.99 |
| Chennai | ₹100.85 | ₹92.39 |
| Kolkata | ₹105.41 | ₹92.02 |
| Hyderabad | ₹107.46 | ₹95.70 |
State-Wise Average Fuel Prices (per Litre)
| State / Union Territory | Petrol Price | Diesel Price |
|---|---|---|
| Andaman & Nicobar | ₹82.42 | ₹78.01 |
| Andhra Pradesh | ₹109.65 | ₹97.47 |
| Bihar | ₹105.23 | ₹91.49 |
| Chandigarh | ₹94.30 | ₹82.45 |
| Delhi | ₹94.77 | ₹87.67 |
| Goa | ₹96.70 | ₹88.37 |
| 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 |
| Maharashtra | ₹103.54 | ₹90.03 |
| Punjab | ₹98.29 | ₹88.09 |
| Rajasthan | ₹104.72 | ₹90.21 |
| Tamil Nadu | ₹100.85 | ₹92.40 |
| Telangana | ₹107.46 | ₹95.70 |
| Uttar Pradesh | ₹94.69 | ₹87.81 |
| West Bengal | ₹105.45 | ₹92.02 |
Important Market Updates
- Government Intervention: The central government recently cut excise duty by ₹10 per litre on petrol and diesel to shield consumers from global price spikes. As of March 27, 2026, the effective duty stands at ₹3 for petrol and zero for diesel.
- OMC Absorption: Despite the tax cut, retail prices haven’t dropped because OMCs are using the relief to offset huge losses incurred from expensive crude imports, which surged toward $149 per barrel during the height of the conflict.
- Private Retailers: Unlike state-run pumps, some private retailers like Nayara Energy have reportedly raised petrol prices by roughly ₹5 per litre and diesel by ₹3 per litre to reflect actual costs.
- LPG & CNG: Domestic LPG prices saw a significant ₹60 hike earlier in March, while CNG rates have remained unchanged following a minor adjustment at the start of the year.
Global Oil Market Today
The global oil market remains in a state of high volatility, with prices surging near $100–$113 per barrel. This spike is primarily driven by the effective closure of the Strait of Hormuz following escalating conflict in the Middle East.
| Benchmark | Price (USD/bbl) | Daily Change |
|---|---|---|
| Brent Crude | $112.57 | +4.22% |
| WTI Crude | $99.64 | +5.46% |
| Urals Oil | $105.91 | +9.97% |
Critical Market Drivers
- Geopolitical Conflict: Markets are reacting to joint US-Israel air strikes on Iran that began on February 28, 2026. The ongoing closure of the Strait of Hormuz—a chokepoint for 20% of global oil supply—has added a massive risk premium.
- Emergency Reserve Release: On March 11, IEA member countries unanimously agreed to release 400 million barrels from emergency reserves to mitigate supply shortages.
- OPEC+ Stance: Eight OPEC+ members, including Saudi Arabia and Russia, have paused production increases through March 2026. A critical meeting is scheduled for April 5, 2026, to decide on future output.
- Supply Disruptions: Global oil supply is projected to plunge by 8 million barrels per day (mb/d) in March. While non-OPEC+ producers like Brazil and Guyana are increasing output, it is not yet enough to offset Middle Eastern losses.
6-Month Price Trend (Delhi)
| Month | Petrol (Regular) | Diesel (Regular) | Key Market Events |
|---|---|---|---|
| October 2025 | ₹94.72 | ₹87.67 | Prices remain frozen as OMCs absorb high import costs |
| November 2025 | ₹94.72 | ₹87.67 | 6-month stability phase continues |
| December 2025 | ₹94.72 | ₹87.67 | OMCs report steady rates despite global swings |
| January 2026 | ₹94.72 | ₹87.67 | Stability persists; state-run OMCs maintain price freeze |
| February 2026 | ₹94.72 | ₹87.67 | Geopolitical tensions begin to spike crude oil |
| March 2026 | ₹94.77 | ₹87.67 | Excise duty cut by ₹10/L; Premium petrol hiked by ₹2/L |
Key Trend Drivers
- Retail Price Freeze: Standard petrol and diesel prices have seen zero net change since September 2025 for the common consumer. State-run OMCs have been “absorbing” global volatility to manage domestic inflation.
- Major Policy Shift (March 2026): On March 27, 2026, the central government slashed excise duty by ₹10 per litre for both petrol and diesel in response to global crude oil hitting a peak of $149 per barrel.
- Selective Hikes: While regular fuel stayed flat, OMCs implemented a ₹2 per litre hike for premium variants (XP95, Speed, and Power) on March 20, 2026.
- LPG & CNG Volatility: LPG jumped by ₹60 to reach ₹913 per domestic cylinder on March 7. CNG prices in Delhi showed a “steady upward drift,” rising by roughly ₹2.50 per kg over the six-month period.
What This Means for Consumers
- State-Run Pumps: Regular petrol and diesel remain stable at ₹94.77/L and ₹87.67/L, respectively, thanks to the excise duty cut and OMC absorption.
- Private Pumps: Nayara and other private outlets may charge ₹5 more for petrol and ₹3 more for diesel.
- Premium Fuels: Expect to pay ₹2 more per litre for high-octane variants.
- 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.
