Fuel prices in India remain a focal point for consumers as of Friday, March 27, 2026. While state-run Oil Marketing Companies (OMCs) like IOCL, BPCL, and HPCL have kept retail rates steady, private player Nayara Energy has made headlines with a significant price revision.
Today's Petrol & Diesel Prices in Metro Cities:-
As of this morning, standard fuel prices at state-owned pumps across major Indian metros are as follows:
| City | Petrol Price (per Litre) | Diesel Price (per Litre) |
| New Delhi | ₹94.77 | ₹87.67 |
| Kolkata | ₹105.45 | ₹92.02 |
| Mumbai | ₹103.54 | ₹90.03 |
| Chennai | ₹100.84 | ₹92.39 |
| Bangalore | ₹102.92 | ₹90.99 |
| Hyderabad | ₹107.46 | ₹95.70 |
Nayara Energy Petrol and Diesel Price HikeIn a notable move, Nayara Energy, India’s largest private fuel retailer, has implemented a price hike effective immediately. Driven by the surge in global crude oil prices (with Brent crossing $100 per barrel due to ongoing West Asia tensions), Nayara has adjusted its rates to offset rising input costs.
Petrol Hike: Increased by ₹5 per litre.
Diesel Hike: Increased by ₹3 per litre.
At Nayara-operated outlets, petrol is now retailing at approximately ₹100.71 per litre in regions where it was previously lower, though final prices vary state-by-state due to local VAT and freight charges. In some areas, the effective petrol hike has touched ₹5.30 per litre.
Why are Fuel Prices Fluctuating?
The current volatility is primarily linked to:
Global Crude Surge: Brent crude reached nearly $107.10 today.
Geopolitical Tensions: The conflict involving the US, Israel, and Iran has disrupted supply routes through the Strait of Hormuz.
Excise Duty Adjustments: To shield consumers, the central government recently slashed special additional excise duties on diesel and petrol to ₹3/litre and zero, respectively.
State-Run vs. Private Petrol Pumps
While Nayara has raised prices, state-run firms (IOCL, HPCL, BPCL) continue to absorb losses of nearly ₹50 per litre on diesel and ₹20 per litre on petrol to maintain price stability for the general public. Consumers may see a volume shift toward public sector pumps as a result of the price gap created by private retailers.
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