Petrol-Diesel Price Today (March 16): Petrol and Diesel Rates Remained Static in Delhi, Mumbai, Bengaluru, Kolkata, and Other Cities

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Last Updated: 16th March 2026 - 02:13 pm

Summary:

Petrol and diesel prices in India remained unchanged on March 16, 2026. Petrol price in New Delhi is ₹94.77 per litre, and diesel price is ₹87.67 per litre. This information is based on fuel price data reported by Financial Express.

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Petrol and diesel prices in India remained unchanged on March 16, 2026. Petrol and diesel prices in India remained unchanged on March 16, 2026. Petrol price in New Delhi is ₹94.77 per litre, and diesel price is ₹87.67 per litre. This information is based on fuel price data reported by Financial Express.

Petrol and diesel prices in India are revised daily at 6 AM according to the daily fuel pricing system introduced in June 2017. Petrol and diesel prices are revised based on changes in the prices of crude oil and currency exchange rates.

Petrol And Diesel Prices In Major Cities

Prices of fuel have been varying in different cities due to differences in taxes levied by different state governments and transport costs incurred while transporting fuel from one city to another.

Petrol is priced at ₹94.77 per litre, and diesel is priced at ₹87.67 per litre in New Delhi. Petrol is priced at ₹103.50 per litre, and diesel is priced at ₹90.03 per litre in Mumbai. Petrol is priced at ₹100.80 per litre, and diesel is priced at ₹92.39 per litre in Chennai.

In Kolkata, petrol costs ₹105.41 per litre while diesel is priced at ₹92.02 per litre. In Bengaluru, petrol is priced at ₹102.92 per litre and diesel at ₹90.99 per litre. Fuel prices are higher in some other cities. In Hyderabad, petrol is priced at ₹107.46 per litre and diesel at ₹95.70 per litre.

In Patna, petrol costs ₹106.11 per litre while diesel is priced at ₹91.77 per litre. Meanwhile, petrol prices in Jaipur stand at ₹104.72 per litre with diesel at ₹90.21 per litre, while in Pune, petrol is priced at ₹104.03 per litre and diesel at ₹90.49 per litre.

Fuel prices in the National Capital Region also remain steady. Petrol in Gurgaon is priced at ₹95.44 per litre while diesel costs ₹87.90 per litre. In Noida, petrol is priced at ₹94.77 per litre and diesel at ₹87.89 per litre.

Global Oil Prices Remain Elevated

Global crude oil prices remained elevated amid geopolitical tensions in West Asia. Benchmark Brent crude futures were trading at $104.19 per barrel, while West Texas Intermediate crude fell $1.07, or 1.08%, to $97.64 per barrel as of 7 AM on March 16, according to Reuters.

Oil prices have risen sharply in recent weeks following military actions involving the United States, Israel, and Iran, which disrupted shipping through the Strait of Hormuz. The strait carries nearly one-fifth of the world’s oil supply.

Government Says Fuel Supply Is Adequate

The government has stated that fuel availability in the country remains stable despite global supply concerns.

According to ANI, Sujata Sharma, a Petroleum Ministry official, said India currently has adequate crude oil supply and that refineries are operating at full capacity. She stated that there have been no reports of fuel shortages at retail outlets.

The stability in domestic petrol and diesel prices comes even as international crude oil prices remain elevated, with authorities maintaining supply through existing reserves and refinery operations.

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