Sanjaya

Indian fuel price, seen whole.

as of 20 Apr 2026

Brent crude

$123.28/ bbl

as of 13 Apr 2026 · proxy for Indian Basket

7d ▼ 3.39%1y ▲ 84.47%

USD / INR

93.07

as of 20 Apr 2026 · ECB cross-rate

The rupee-dollar rate sits upstream of the refinery transfer price. When INR weakens, the import bill climbs.

Retail

Four metros, two products

Equity

Indian oil PSUs

Closing prices on NSE. Downstream OMCs (IOC, BPCL, HPCL) tend to move inversely to crude on a given day; upstream producers (ONGC, OIL) move with it.

Composition · Delhi petrol

Every rupee, traced

  • Refinery64.33
  • Commission3.14
  • Central excise11.90
  • State VAT15.40

RSP: 94.77 / L. Taxes (excise + VAT) account for 28.8% of the pump price.

Events

Recent moves on the chart

  • 15 Feb 2026crisisHormuz tensions drive crude to USD 100+
  • 15 Mar 2024policyFirst OMC-led price cut in 22 months
  • 1 Jul 2022policyWindfall tax on crude producers
  • 22 May 2022excise changeExcise cut: petrol Rs 8/L, diesel Rs 6/L
  • 24 Feb 2022crisisRussia invades Ukraine