India Fuel Prices — May 2026
Official petrol and diesel prices across 50 major Indian cities. Updated daily.
Official petrol and diesel prices across 50 major Indian cities. Updated daily.
Petrol and diesel prices in India are revised daily by the three Oil Marketing Companies (OMCs): Indian Oil Corporation (IOCL), Bharat Petroleum (BPCL), and Hindustan Petroleum (HPCL). This daily revision system (introduced in 2017) links Indian pump prices more closely to international crude oil prices and INR/USD movements, replacing the previous fortnightly revision system.
India's fuel pricing structure is complex: the base price (from OMCs) is uniform, but the final pump price varies significantly by state due to State Government VAT rates (ranging from ~18% in some states to ~36% in others) and excise duties. This is why Mumbai residents pay notably more for petrol than Delhi residents, even buying from the same brand station on the same day.
India does not have Super 98 or the multi-grade system used in GCC countries. Indian fuel is primarily: Petrol (standard 91 RON, and premium 95+ RON variants like Power, Speed, Hi-Speed) and Diesel. Premium petrol brands (IOCL's XtraPremium, BPCL's Speed) typically cost INR 3–5 more per litre than regular petrol. India is also rapidly building out CNG and EV infrastructure as alternatives.