Petrol-Diesel Rates Today (April 28, 2026): Despite rising global uncertainty in crude oil markets, fuel prices across India have remained unchanged today, offering temporary relief to consumers. Oil Marketing Companies (OMCs) continue their daily revision mechanism, but no changes have been implemented in retail fuel prices this morning.
How Petrol and Diesel Prices Are Decided in India
Oil Marketing Companies revise fuel prices every day at 6:00 AM, taking into account:
- Global crude oil prices
- Rupee vs US dollar exchange rates
- Refining and transportation costs
- Central and state taxes
Even minor fluctuations in global markets can impact domestic fuel rates, although prices have remained stable today.
Petrol and Diesel Prices on April 27, 2026
Here’s a look at the latest fuel prices across major cities:
| City | Petrol Price (₹/litre) | Diesel Price (₹/litre) |
|---|---|---|
| Delhi | ₹94.77 | ₹87.67 |
| Mumbai | ₹103.54 | ₹90.03 |
| Kolkata | ₹105.45 | ₹92.02 |
| Chennai | ₹100.80 | ₹92.39 |
| Bengaluru | ₹102.92 | ₹90.99 |
| Fatehabad | ₹97.09 | ₹89.56 |
| Panaji (Goa) | ₹95.51 | ₹88.07 |
| Guwahati | ₹93.23 | ₹89.46 |
| Imphal | ₹99.10 | ₹85.16 |
Prices vary from state to state due to differences in local taxes and transportation costs.
Why Are Fuel Prices Stable Today?
Despite significant volatility in international crude oil markets, domestic fuel prices have not been revised. This stability comes as:
- The government has denied any immediate plan to increase fuel prices
- Oil companies are currently absorbing fluctuations
- Market conditions are being closely monitored
Will Petrol and Diesel Prices Increase Soon?
Recent reports suggested a possible ₹25–₹28 per litre hike, citing rising crude oil prices. However, the Ministry of Petroleum and Natural Gas has clarified:
- No proposal for a fuel price hike is under consideration
- Reports of a sharp increase are misleading
This statement has eased concerns among consumers, at least for now.
Global Factors Impacting Fuel Prices
Fuel price trends in India are heavily influenced by global developments. Currently, prices are under pressure due to:
- Ongoing geopolitical tensions involving Iran, Israel, and the United States
- Risks to oil supply routes like the Strait of Hormuz, which handles nearly 20% of global oil shipments
- Fluctuating crude oil demand and supply
Any escalation in these factors could impact future pricing.