The new financial year began today, and along with it brought mixed updates on fuel rates. While petrol and diesel prices on April 1, 2026, remain unchanged across most of the cities in India, there has been a sharp increase in premium petrol and diesel prices giving pressure in the fuel market.

Regular Petrol and Diesel Prices on April 1
At the start of FY2026-27, fuel prices in India have not been revised, offering temporary relief to consumers. Despite expectations of a change due to global crude oil volatility, oil marketing companies have kept petrol and diesel rates steady across major cities.
Latest petrol prices in Major Indian cities April 1st:
New Delhi: Rs 94.77 per litre
Kolkata: Rs 105.45 per litre
Mumbai: Rs 103.54 per litre
Chennai: Rs 100.84 per litre
Noida: Rs 94.77 per litre
Bangalore: Rs 102.96 per litre
Hyderabad: Rs 107.46 per litre
Thiruvananthapuram: Rs 107.48 per litre
Latest diesel prices on April 1st:
New Delhi: Rs 87.67
Kolkata: Rs 92.02
Mumbai: Rs 90.03
Chennai: Rs 92.39
Noida: Rs 87.89
Bangalore: Rs 90.99
Hyderabad: Rs 95.70
Thiruvananthapuram: Rs 96.48
Premium petrol and diesel prices see sharp hike
Even as regular fuel prices remain stable, premium petrol and diesel prices are seeing a significant increase today, with hikes ranging from Rs 1.50 per litre to as high as Rs 11 per litre. This revision has been implemented by Indian Oil Corporation, which offers these premium fuel variants in select cities.
As per report, In Delhi, the price of 100-octane petrol (XP100 petrol) has surged from Rs 149 per litre to Rs 160 per litre.
Premium diesel variant 'Extra Green' has also been increased from Rs 91.49 per litre to Rs 92.99 per litre.
While there has been no official clarification by the OMCs, its is suggestive that the increase in premium fuel prices is because of the global and domestic factors. Fluctuations in crude oil prices, rising logistics and refining costs, and ongoing geopolitical tensions are the key triggers.
Crude oil Prices remain volatile
Global oil markets continue to influence domestic pricing trends. On April 1, WTI crude oil was trading around $102.92 per barrel at the time of writing while Brent crude prices have seen a sharp surge in recent weeks and have jumped more than 60% in March alone.
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