Petrol Diesel Price Today: Government Extends Excise Duty Relief on Ethanol-Blended Petrol: The Centre has kind of doubled down on its ethanol-blending game plan, extending central excise duty exemptions to petrol that has more ethanol mixed in. As per a June 10 notification, petrol blended with 22%, 25%, 27%, and 30% ethanol will keep getting a nil excise duty rate, as long as the fuel matches Bureau of Indian Standards (BIS) specifications. It looks like ethanol is no longer just a secondary add-on fuel but, increasingly, a real pillar in India’s long-term energy strategy.
This decision comes at a time when policymakers are trying to balance energy security, environmental targets, and the reality that global crude oil prices can swing significantly. By pushing for higher ethanol blending, the government aims to reduce dependence on imported oil while also encouraging cleaner fuel adoption. The latest announcement, meanwhile, builds on earlier relief measures, including the ₹10-per-litre excise duty cut on petrol and diesel announced in March. At the same time, export duties of ₹21.5 per litre on diesel and ₹29.5 per litre on aviation turbine fuel (ATF) remain in place. That combination, essentially, points to a broader effort by the government to manage domestic fuel supply and pricing pressures.
Petrol Diesel Price Today In India, 11 JuneÂ
As of Thursday, June 11, 2026, fuel prices across major Indian cities remain largely stable, with no significant revisions reported compared to the previous day. Despite ongoing volatility in global crude oil markets and heightened geopolitical tensions, domestic retail fuel rates have remained unchanged in most regions. Since no specific location has been provided, the following prices are based on the latest available rates in New Delhi. Petrol is currently retailing at ₹102.12 per litre, while diesel is priced at ₹95.20 per litre. Consumers and market participants continue to closely monitor international oil prices, currency movements, and government policy decisions for future pricing trends.
Petrol Diesel Price Today In Major Cities Across IndiaÂ
Fuel Price Hikes Continue As Crude Oil Rally Intensifies Amid Global Conflict
Fuel prices have stayed on an upward track in the last few weeks, kinda showing the strain getting worse because global crude oil prices have been high. Since May 15, petrol and diesel prices have been pushed up four times, and together it’s about a cumulative increase of nearly ₹7.5 per litre. The most recent change by itself added around ₹2.6 per litre to petrol and roughly ₹2.7 per litre for diesel. The ongoing US-Iran conflict is also making the whole situation tougher, as energy markets get more nervous, so crude prices rise, and the outlook for domestic fuel costs becomes messy, not exactly clear. While people are getting hit at the pump, state-owned oil marketing companies still seem to be under heavy financial pressure, with reports saying they are absorbing daily losses of about ₹1,600 crore to ₹1,700 crore. In fact, over the past 10 weeks, the cumulative losses are reported to have already gone past the ₹1 lakh crore mark, which points to bigger problems linked to the worldwide energy crisis.
(With Inputs)