Petrol Prices in India: Comprehensive List of State-Wise Petrol Prices (2026)

Petrol prices in India are a key economic indicator, directly impacting inflation, transportation costs, and household expenses. A combination of global crude oil rates, exchange rates, refining costs, and domestic taxes such as central excise duty and state VAT determines the petrol price.

Due to variations in state taxes and local factors, petrol prices in India differ significantly across regions, making daily tracking of petrol rates important for consumers and policymakers alike. As fuel costs influence almost every sector of the economy, understanding petrol price trends is crucial for both economic planning and personal budgeting.

Petrol Prices in India: Latest Update

The Oil Marketing Companies (OMCs) — Indian Oil Corporation (IOCL), Bharat Petroleum (BPCL), and Hindustan Petroleum (HPCL) — revise fuel prices daily at 6 AM based on global crude oil prices and forex rates. These prices may differ significantly from one state to another due to the influence of state-level VAT and other local levies.

Key Highlights

• Highest petrol prices: Telangana, Madhya Pradesh, Andhra Pradesh (~₹108–109/L)
• Lowest petrol price: Andaman & Nicobar (~₹82/L)
• Metro benchmark: Delhi (~₹94.77), Mumbai (~₹103.54)

Important Note

• Prices are revised daily at 6 AM based on global crude oil rates and exchange rates.
• Variations occur due to:
  • State VAT
  • Transportation costs
  • Dealer commissions

Also Check: Excise Duty on Petrol: Impact on Petrol Prices in India

List of State-Wise Petrol Prices in India (As of Today- March 2026)

Top 5 States with the Highest Petrol Prices

Here are the Top 5 States with the Highest Petrol Prices in India (March 2026) based on the latest available data:

1. Andhra Pradesh

• ~₹109–110 per litre
• Among the highest due to high state VAT and surcharges

2. Telangana

• ~₹108–109 per litre
• Consistently ranks high because of elevated fuel taxes

3. Madhya Pradesh

• ~₹107–108 per litre
• High VAT makes it one of the costliest states for petrol

4. Kerala

• ~₹106–107 per litre
• Includes additional state cess on fuel

5. Rajasthan

• ~₹104–106 per litre
• High taxation structure pushes prices upward

Top 5 States with Lowest Petrol Prices (2026)

Why Petrol Prices Vary Across India?

Petrol prices in India are not uniform. They fluctuate daily and vary between regions due to:

1. State-Level Taxes (VAT)

Each state levies its own tax on petrol in addition to the central government’s excise duty. This causes price variations of ₹10 or more between different states.

2. Freight and Transportation Costs

States farther from refineries may bear higher logistical charges, adding to the petrol price.

3. Dealer Commissions

Oil companies pay commissions to dealers, which differ based on location, category, and infrastructure.

4. Currency Exchange Rates & Global Crude Oil Prices

India imports most of its crude oil. Any depreciation in the Indian rupee or a hike in global crude prices impacts domestic retail fuel rates.

Sharing is caring!