On March 17, 2026, the country’s petroleum companies have released the prices of petrol and diesel. However, there has been no change in the prices of petrol and diesel in most of the metropolitan cities of the country. But there is such a metropolis also. Where daily movement in fuel prices is being seen. There has been a continuous change or rather a rise in the prices of petrol and diesel in this metropolis. Due to which the price of petrol has crossed Rs 101. This is the largest city of South India, Chennai. Where an increase of 10 paise was seen in the price of petrol and diesel on Monday.
On Tuesday, there was an increase of 16 paise in the price of petrol and 12 paise per liter in the price of diesel. However, there is a rise in the price of crude oil in the international market. Crude oil of Gulf countries is trading beyond $ 100 per barrel. Let us also tell you what the prices of petrol and diesel have become in the four metros of the country.
Petrol and diesel prices from Delhi to Mumbai
According to IOCL data, there has been no change in the prices of petrol and diesel in the country’s capital Delhi. If we look at the figures, the price of petrol in the country’s capital Delhi remains at Rs 94.77 per liter and the price of diesel remains at Rs 87.67 per liter. On the other hand, something similar is being seen in Mumbai also.
If we look at the figures, petrol in Mumbai is Rs 103.50 and diesel is Rs 90.03 per liter. However, no change has been seen in the prices of petrol and diesel in Kolkata also. According to the data, the price of petrol here is Rs 105.41 and diesel is being sold at Rs 92.02 per liter.
Increase in Chennai for the second consecutive day
On the other hand, daily changes are being seen in the prices of petrol and diesel in Chennai, the largest city and metropolis of South India, in recent times. However, on Tuesday, there was an increase of 16 paise per liter in the price of petrol here and the price became Rs 101.06 per liter. There has been an increase of 12 paise per liter in the price of diesel. After which the price has become 92.61 paise per liter.
On Monday, an increase of 10 paise per liter was seen in the prices here. After which the price of petrol became Rs 100.90 per liter and the price of diesel became Rs 92.49 per liter. This means that in Chennai the price of petrol has increased by 26 paise and the price of diesel has increased by 22 paise per liter.
crude oil prices
On the other hand, the price of crude oil is increasing in the international market. According to Bloomberg Commodities data, the price of American Crude WTI has seen an increase of 2.40 percent and the price is seen at $ 95.74 per barrel.
On the other hand, there is an increase of 2.35 percent in Brent crude oil of Gulf countries and the price remains at $ 102.56 per barrel. According to experts, till the time the prices of crude oil will be more than $ 100 per barrel. Will remain a matter of concern in the country. There is a reason for that too. India imports 88 percent of its crude oil requirement.
Petrol crosses Rs 100 in most metros
In major metro cities, petrol prices remain above Rs 100 per liter in most places, including Mumbai, Bengaluru, Hyderabad and Kolkata, while diesel prices in these cities remain below the Rs 100 mark. Fuel prices in India are changed daily by Oil Marketing Companies (OMCs).
These changes are made on the basis of fluctuations in global crude oil prices and changes in foreign exchange rates. The responsibility of setting and distributing fuel prices in the country lies with three big OMCs, which include Indian Oil Corporation (IOC), Bharat Petroleum Corporation Limited (BPCL), and Hindustan Petroleum Corporation Limited (HPCL).
Despite fluctuations in global crude oil markets, petrol and diesel prices in India have remained largely stable over the past few years. Retail fuel prices have seen little change since May 2022, when the central government and several states reduced excise duty and value-added tax (VAT) on fuel.
What things affect prices?
Retail fuel prices in the country are affected by many things. The biggest impact is on the price of crude oil in international markets, because crude oil is the main raw material used to make petrol and diesel.
The rupee-dollar exchange rate also plays an important role, because India imports most of its crude oil needs. If the rupee weakens, the cost of imported crude oil may increase, due to which fuel prices may also increase.
Taxes imposed by the central and state governments also form a major part of the prices of petrol and diesel, which is why fuel rates vary from state to state. Transportation costs and the demand-supply equation also affect the final retail price paid by customers.