Petrol, Diesel price today (March 23): Check fuel rates in Delhi, Mumbai, Noida, Kolkata and other cities

The prices of petrol and diesel on Monday, March 23, 2026, remained steady even as global crude markets remain on edge amid tensions in West Asia and disruptions to key shipping routes. The Indian government has indicated that petrol and diesel prices are expected to remain stable for now despite fluctuations in international oil markets. This is because oil marketing companies (OMCs) are absorbing part of the volatility to avoid sudden price shocks for consumers.

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Petrol, Diesel prices today

In Delhi, petrol continues to retail at Rs 94.77 per litre, while diesel is priced at Rs 87.67 per litre. Prices remain higher in Mumbai, where petrol is selling at Rs 103.54 per litre and diesel at about Rs 90.03 per litre, with slight fluctuations in some major cities in the south.


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Across major cities such as Bengaluru, Hyderabad and Kolkata, petrol prices are still above Rs 100 per litre, while diesel continues to be below Rs 100.

City	Petrol Price (₹/litre)	Diesel Price (₹/litre)

New Delhi

94.77

87.67

Mumbai

104.21

92.15

Kolkata

103.94

90.76

Chennai

100.80

92.39

Noida

94.87

88.01

Gurugram

95.19

88.05

Bengaluru

99.84

85.93

Hyderabad

107.46

95.70

Petrol and diesel prices in India have remained unchanged since May 2022, following tax reductions by the central government and several state governments.

Will prices of petrol and diesel increase?

Oil marketing companies have increased the prices of premium, high-octane petrol variants like XP95 and Power petrol by about ₹2 to ₹2.30 per litre. The revised rates have already come into effect at several fuel stations across the country.

At some outlets, Indian Oil Corporation’s XP95 is now retailing at nearly ₹101.80 per litre. Similarly, premium petrol sold by Hindustan Petroleum Corporation Limited has also become more expensive. This has raised concerns over whether regular petrol and diesel prices could be next in line for a hike.

For now, oil companies are holding back any increase in commonly used fuels, keeping inflation worries in mind. However, with global crude prices climbing and the rupee weakening, the pressure is mounting on major players like Bharat Petroleum Corporation Limited, Hindustan Petroleum Corporation Limited, and Indian Oil Corporation. If international crude prices stay elevated for a longer period, it may become difficult for these companies to absorb the burden, making a revision in regular fuel prices increasingly likely.