Global comparison
What a litre of petrol costs in other major oil-producing, oil-importing, and peer-economy countries. India shown at its Delhi retail price converted to USD via the current ECB cross-rate.
as of 1 Mar 2026
India in context
Delhi petrol ranked 5 of 23 countries shown.
Delhi petrol at ₹94.77/L = $1.01/L at USD/INR 94.25. India ranks 5 of 23 in this comparison (1 = cheapest), around the 18th percentile.
Quick read
India USD/L
$1.01
Rank
5/23
Cheapest
$0.59
Costliest
$3.38
Cheap end
Producer states and subsidised retail systems.
- Indonesia$0.59 · ₹56
- Saudi Arabia$0.62 · ₹58
- Russia$0.83 · ₹78
- United States$0.96 · ₹90
- India$1.01 · ₹95
India's neighbourhood
Countries closest to Delhi petrol in this dataset.
- Russia$0.83 · ₹78
- United States$0.96 · ₹90
- Japan$1.11 · ₹105
- Argentina$1.19 · ₹112
Expensive end
Mostly high-tax European retail prices.
- Singapore$3.38 · ₹319
- Netherlands$2.80 · ₹264
- Germany$2.47 · ₹233
- Switzerland$2.36 · ₹222
- France$2.33 · ₹220
Global for India
Cargo flows into Indian refineries and terminals.
Cargo flows track which suppliers feed Indian refineries and LNG terminals, cargo exposure, and price linkage.
Crude imports
19.4 MMT
Month
2026-02
VLCC equivalent
72 cargoes
Supplier book
Who supplies India, and what they supply
External supply to Indian refineries, LNG terminals, LPG balance, and price exposure.
Latest crude import split
2026-02
Middle East
48.3%
Eurasia
33.5%
North America
6.9%
Africa
6.6%
South America
4.4%
Supplier
Russia / Eurasia
Supplies
Discounted crude barrels
Cargo
Aframax / Suezmax crude
Baltic / Black Sea / Arctic cargoes into west and east coast refineries
Buyers: IOC, BPCL, HPCL, Reliance, Nayara, MRPL
Choke: Insurance, shadow fleet scrutiny, payment channels, Suez / Cape routing
Exposure: Margin-positive when discounts hold; fragile when sanctions, freight or insurance tighten.
The post-2022 swing supplier. Drives refinery margin, sanctions exposure, shipping risk, and the Brent-vs-actual-cost gap.
33.5% regional share · ~24 VLCC eq.
Supplier
Iraq
Supplies
Basrah crude
Cargo
VLCC / Suezmax crude
Gulf tanker flow into Indian crude SPMs
Buyers: IOC, BPCL, HPCL, Reliance, Nayara, MRPL
Choke: Strait of Hormuz, Basrah loading reliability, OSP / term allocations
Exposure: Core baseload barrel; disruption hits every Indian refining slate quickly.
Core term supplier for PSU refiners. A workhorse barrel for Indian refinery slates.
48.3% regional share · ~35 VLCC eq.
Supplier
Saudi Arabia
Supplies
Arab Light / Arab Medium crude
Cargo
VLCC crude
Ras Tanura / Gulf load ports to west coast and east coast SPMs
Buyers: IOC, BPCL, HPCL, MRPL, private refiners
Choke: Strait of Hormuz, Saudi OSP, OPEC+ supply policy
Exposure: Strategic relationship barrel; OSP moves flow into landed cost and inventory decisions.
Strategic anchor supplier. OSP changes are a signal for landed crude cost and OMC pressure.
48.3% regional share · ~35 VLCC eq.
Supplier
UAE / Abu Dhabi
Supplies
Murban and related crude grades
Cargo
Short-haul crude
Short-haul Gulf cargoes into coastal refining hubs
Buyers: IOC, BPCL, HPCL, MRPL, Reliance
Choke: Hormuz, Murban pricing, Gulf freight availability
Exposure: Short-haul flexibility source; useful when refiners need fast replacement cargoes.
Flexible Gulf crude source and strategic partner; useful when Russian or Iraqi flows tighten.
48.3% regional share · ~35 VLCC eq.
Supplier
Qatar
Supplies
Long-term LNG
Cargo
LNG carrier
Ras Laffan LNG into Dahej and other west-coast re-gas terminals
Buyers: Petronet LNG, GAIL, IOC, BPCL, CGD and fertiliser offtakers
Choke: Long-term contract slope, spot LNG tightness, Dahej / Kochi utilisation
Exposure: Gas-system anchor; affects fertiliser subsidy, CGD margins, power switching and industrial fuel choice.
The backbone gas supplier. Qatar contracts shape fertiliser, CGD, power and industrial gas economics.
48.3% regional share · ~35 VLCC eq.
Supplier
United States
Supplies
LNG, crude, LPG
Cargo
Long-haul LNG / crude / LPG
Atlantic / Gulf Coast cargoes into Indian LNG and liquids systems
Buyers: GAIL, IOC, BPCL, HPCL, Reliance, LPG importers
Choke: Panama / Cape routing, Henry Hub, US export policy, shipping distance
Exposure: Diversification option; valuable in Gulf disruption but exposed to long-haul freight and US gas pricing.
Diversification supplier. Important for spot LNG, long-haul crude optionality, and LPG balance.
6.9% regional share · ~5 VLCC eq.
Supplier
Africa
Supplies
Sweet crude barrels
Cargo
Suezmax / Aframax sweet crude
West African crude cargoes into private and PSU refineries
Buyers: Reliance, Nayara, IOC, BPCL, HPCL
Choke: Long-haul freight, Nigerian loading reliability, Atlantic Basin differentials
Exposure: Quality-balancing source; protects slates when Middle East / Russian grades become less attractive.
Quality-balancing source. Useful when refiners need lighter/sweeter barrels or non-Gulf diversification.
6.6% regional share · ~5 VLCC eq.
CEO / Chairman use
Questions this surface should answer before a morning call
Built from public monthly cargo data today. The next layer is live vessel feeds and port-level nominations when a defensible source is available.
If Hormuz tightens, which Indian crude and LNG receipts are exposed first?
If Russian discounts compress, which refiners lose the margin cushion fastest?
If Qatar LNG reprices, where does the pressure land: fertiliser, CGD, power or industry?
If Atlantic cargoes become cheaper, which west-coast assets can absorb the substitution?
Cargo intelligence
Monthly import cargo, translated into operational terms
Official monthly data gives crude imports by region, not live vessel nominations. Sanjaya converts that into cargo-equivalent exposure so the import mix reads like a supply book. Live AIS cargo tracking can plug into this surface later.
Middle East
48.3%
9.4 MMT
~35 VLCC-sized cargo equivalents
Eurasia
33.5%
6.5 MMT
~24 VLCC-sized cargo equivalents
North America
6.9%
1.3 MMT
~5 VLCC-sized cargo equivalents
Africa
6.6%
1.3 MMT
~5 VLCC-sized cargo equivalents
South America
4.4%
0.9 MMT
~3 VLCC-sized cargo equivalents
Product exports
Outbound cargo tells you refinery optionality
MR cargo equivalent assumes roughly 45 KT product tanker lift. This is an operating translation, not a vessel manifest.
Petrol · 23 countries
sorted cheapest → most expensive
- Indonesia₹55.6$0.59
- Saudi Arabia₹58.4$0.62
- Russia₹78.2$0.83
- United States₹90.5$0.96
- India₹95.2$1.01
- Japan₹104.6$1.11
- Argentina₹112.2$1.19
- South Africa₹113.1$1.20
- South Korea₹115.9$1.23
- Canada₹120.6$1.28
- Brazil₹121.6$1.29
- Mexico₹127.2$1.35
- China₹129.1$1.37
- Turkey₹135.7$1.44
- Australia₹164.0$1.74
- Spain₹173.4$1.84
- United Kingdom₹187.6$1.99
- Italy₹198.9$2.11
- France₹219.6$2.33
- Switzerland₹222.4$2.36
- Germany₹232.8$2.47
- Netherlands₹263.9$2.80
- Singapore₹318.6$3.38