Fuel Prices Update: April 15 - Latest Rates in Major Cities
Petrol and Diesel Prices Remain Unchanged in Major Indian Cities
Fuel rates across major Indian cities remained largely unchanged on Wednesday, April 15, 2026, marking an extended phase of stability in petrol and diesel prices. Retail fuel prices have held steady despite ongoing fluctuations in global crude oil markets and currency movements. There have been no significant revisions in petrol and diesel rates across key cities so far.
The three major oil marketing companies (OMCs) in India, Indian Oil Corporation (IOC), Bharat Petroleum Corporation Limited (BPCL), and Hindustan Petroleum Corporation Limited (HPCL), revise fuel prices daily to align with global crude oil prices and foreign exchange rate movements. However, prices have remained stable in recent sessions.
Petrol prices in Delhi continue to be priced at Rs 94.77 per litre, while diesel stands at Rs 87.67 per litre. In contrast, prices are higher in Mumbai, where petrol is retailing at Rs 103.49 per litre and diesel at around Rs 90.03 per litre.
Read also: Treasury Yields Experience Largest Increase in Two Weeks Following Release of Labor Market Data
| Petrol Rate in Mumbai | Diesel Rate in Mumbai |
|---|---|
| Rs 103.49 per litre (April 15, 2026) | Rs 90.03 per litre (April 15, 2026) |
| Rs 103.45 per litre (April 14, 2026) | Rs 89.97 per litre (April 14, 2026) |
Among major metro cities, petrol prices remain above Rs 100 per litre in most locations, including Mumbai, Bengaluru, Hyderabad, and Kolkata, while diesel prices continue to remain below the Rs 100 mark.
Fuel prices in India are revised daily based on movements in global crude oil prices and changes in foreign exchange rates. Despite volatility 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 limited movement since May 2022, when excise duties and state taxes were reduced.
The factors that influence retail fuel prices in India include global crude oil prices, the rupee–dollar exchange rate, central and state taxes, transportation costs, and demand–supply dynamics. Since India imports a large share of its crude oil, any fluctuation in global prices or currency movements can impact domestic fuel rates.
Read also: US-Iran Tensions Spark Uptick in Oil Prices Amid Global Market Decline
More in Economy
Treasury Yields Experience Largest Increase in Two Weeks Following Release of Labor Market Data
US-Iran Tensions Spark Uptick in Oil Prices Amid Global Market Decline
MoSPI Releases Uniform Norms for DDP Estimates with 2022-23 Base Year
