Fuel prices updated across India on April 16, 2026, with metro‑city rates remaining largely unchanged from the previous day.Fuel stations in major Indian cities continued to sell petrol at the same levels as of 6 a.m. on April 16, following a period of stability in global crude‑oil markets. In Mumbai, petrol is retailing at approximately ₹103.50–₹103.54 per litre, while diesel is pegged around ₹90.03 per litre. Kolkata continues to record the highest petrol price among metros at ₹105.41 per litre, with diesel at about ₹92.02 per litre.

In Chennai, petrol is priced near ₹100.84–₹101.06 per litre, while diesel stands at roughly ₹92.39–₹92.61 per litre. By comparison, New Delhi offers relatively cheaper fuel, with petrol at about ₹94.77 and diesel at ₹87.67 per litre, reflecting lower state‑level taxes in the capital region. Variations between cities are driven mainly by state‑levied VAT, dealer commissions, and freight charges rather than the base price set by oil marketing companies.

Prices have been operating under a daily revision regime that began in June 2017, when the government moved away from the earlier fortnightly adjustments on the 1st and 16th of each month. Under this system, state PSUs such as Indian Oil, Bharat Petroleum, and Hindustan Petroleum reset pump rates each morning at 6 a.m., aligning them with international crude rates, currency movement, and local demand. Recent trends show muted changes because international crude has hovered around the USD 90 per barrel mark, with only minor fluctuations in global supply and demand.

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For consumers, the outcome is a stable but high fuel cost environment, especially in high‑tax cities such as Kolkata and Mumbai. Automakers and fleet operators are increasingly shifting toward more fuel‑efficient engines and alternative‑fuel options, including compressed natural gas (CNG) and electric vehicles, to mitigate the impact of expensive petrol and diesel. Motorists are advised to monitor live price trackers or official PSU apps and websites for the most up‑to‑date rates in their specific city as small adjustments can occur on a daily basis.

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