Fuel Prices Today: Petrol Hike by Rs 5 Reported by Private Retailer
Petrol and Diesel Prices Remain Stable, But Private Retailer Raises Prices
New Delhi – Petrol and diesel prices in India remained largely unchanged on Friday, continuing a period of stability maintained by state-run oil companies. However, a notable development saw private fuel retailer Nayara Energy increase petrol prices by approximately Rs 5 per litre and diesel prices by around Rs 3 per litre, citing elevated crude oil prices linked to the ongoing conflict in the West Asia. This move contrasts with the stance of Indian Oil Corporation (IOC), Bharat Petroleum Corporation Limited (BPCL), and Hindustan Petroleum Corporation Limited (HPCL), which have held prices steady for over 11 months.City-Specific Petrol and Diesel Rates (March 27, 2026)
| City | Petrol Price (Rs per litre) | Diesel Price (Rs per litre) |
|---|---|---|
| Delhi | 94.77 | 87.67 |
| Mumbai | 103.49 | 90.03 |
| Bengaluru | 102.99 | 90.58 |
| Hyderabad | 104.21 | 91.77 |
| Kolkata | 101.11 | 88.97 |
Factors Influencing Fuel Prices
Retail fuel prices in India are influenced by several key factors:- Crude Oil Prices: The price of crude oil in international markets remains the most significant driver of petrol and diesel prices.
- Rupee-Dollar Exchange Rate: A weaker rupee increases the cost of imported crude oil, potentially leading to higher fuel prices.
- Taxes: Central and state government taxes constitute a major component of retail fuel prices, resulting in variations across states.
- Transportation Costs & Demand-Supply Dynamics: These factors also contribute to the final price paid by consumers.
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