Petrol and diesel prices across major Indian cities remained largely unchanged on April 7, even as global crude oil markets continue to witness volatility due to ongoing geopolitical tensions in West Asia. State-run oil marketing companies have maintained stable retail fuel rates despite rising international prices, offering temporary relief to consumers.
In the national capital, New Delhi, petrol is priced at ₹94.77 per litre, while diesel stands at ₹87.67 per litre. These rates have remained steady for several weeks, reflecting the government’s effort to shield domestic consumers from sharp global fluctuations.
In Mumbai, fuel prices continue to be higher due to local taxes. Petrol is retailing at around ₹103.50 per litre, while diesel is priced at approximately ₹90.03 per litre. Mumbai consistently records among the highest fuel prices in the country due to state-level levies.
Also Read: Woman Arrested At Lucknow Metro Station After 53 Cartridges Recovered
Kolkata has petrol prices at about ₹105.41–₹105.45 per litre, with diesel around ₹92.02 per litre. Meanwhile, in Bengaluru, petrol is priced near ₹102.92–₹102.96 per litre, and diesel stands at approximately ₹90.99 per litre. Prices in southern cities remain elevated but stable.
Other major cities such as Chennai and Hyderabad also continue to see petrol prices above the ₹100 mark, underscoring the broader trend of high fuel costs across urban India. Despite this, diesel prices in most cities remain below ₹100 per litre, providing some relief for transportation and logistics sectors.
The stability in fuel prices comes even as global crude oil rates have surged amid geopolitical tensions, particularly involving Iran and disruptions in key shipping routes like the Strait of Hormuz. Analysts note that while domestic prices have not yet reacted sharply, sustained pressure in global markets could eventually lead to revisions.
For now, oil marketing companies appear to be absorbing some of the cost pressures, keeping retail rates unchanged. However, market watchers caution that any prolonged spike in crude oil prices may translate into higher fuel costs in the coming weeks, depending on government policy decisions and currency movements.
Also Read: “Businessman First”: Donald Trump Signals Bid To Control Iran Oil Amid War