New Delhi: Petrol and diesel prices across India remained unchanged on March 13, 2026, even as global crude oil markets continue to fluctuate amid escalating geopolitical tensions in the Middle East.
Oil marketing companies (OMCs) revise fuel prices daily at 6 AM, adjusting retail rates based on international crude oil prices and currency exchange movements. This dynamic pricing mechanism aims to ensure transparency and keep domestic fuel prices aligned with global market trends.
Despite the volatility in international oil markets, Indian authorities have indicated that retail fuel prices are likely to stay stable for now, with oil companies absorbing part of the price fluctuations to protect consumers from sudden price hikes.
Global Oil Markets Face Uncertainty
Crude oil prices have witnessed sharp swings in recent days due to the ongoing tensions involving Iran, Israel, and the United States in the Middle East.
The conflict has raised concerns over potential disruptions to oil shipments through the Strait of Hormuz, a vital global energy route responsible for transporting nearly 20% of the world’s oil supply.
Earlier this week, Brent crude briefly crossed $115 per barrel before retreating amid signs of possible de-escalation in the region. The surge in oil prices has raised fears of an energy supply shock and inflationary pressures worldwide.
However, the Indian government has signalled that domestic petrol and diesel prices will remain steady in the short term, offering relief to consumers and helping keep inflation under control.
Petrol and Diesel Prices in Major Indian Cities (March 13, 2026)
| City | Petrol (₹/L) | Diesel (₹/L) |
|---|---|---|
| New Delhi | 94.72 | 87.62 |
| Mumbai | 104.21 | 92.15 |
| Kolkata | 103.94 | 90.76 |
| Chennai | 100.75 | 92.34 |
| Ahmedabad | 94.49 | 90.17 |
| Bengaluru | 102.92 | 89.02 |
| Hyderabad | 107.46 | 95.70 |
| Jaipur | 104.72 | 90.21 |
| Lucknow | 94.69 | 87.80 |
| Pune | 104.04 | 90.57 |
| Chandigarh | 94.30 | 82.45 |
| Indore | 106.48 | 91.88 |
| Patna | 105.58 | 93.80 |
| Surat | 95.00 | 89.00 |
| Nashik | 95.50 | 89.50 |
Why Fuel Prices Differ Across Cities
Although fuel prices have largely remained unchanged since May 2022, variations exist between cities due to differences in state taxes, transportation costs, and local levies.
Several key factors influence petrol and diesel pricing in India:
- Global crude oil prices: Crude oil is the primary raw material used to produce petrol and diesel, making international price trends a major influence.
- Exchange rate: Since India imports a large portion of its crude oil, the value of the Indian rupee against the US dollar affects import costs.
- Taxes: Central excise duty and state-level VAT account for a significant portion of retail fuel prices and vary across states.
- Refining costs: Expenses involved in converting crude oil into refined fuel also impact retail pricing.
- Demand and supply: Changes in domestic demand or supply conditions can influence fuel price trends.
How to Check Fuel Prices via SMS
Consumers can easily check the latest petrol and diesel prices in their city using SMS services:
- Indian Oil: Send
RSP <City Code>to 9224992249 - BPCL: Send
RSPto 9223112222 - HPCL: Send
HP Priceto 9222201122
These SMS services provide quick updates on the latest fuel prices without needing to visit petrol pumps.
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