New Delhi: Indian Oil Corporation Ltd (IndianOil) has kept prices of regular petrol and diesel unchanged across India, even as international crude oil markets remain volatile. The state-run oil major reiterated its focus on supply stability and consumer protection.
Global Crude Movement
Global crude oil prices have fluctuated in recent weeks amid geopolitical tensions. Brent crude was trading near $96 per barrel as of mid-November 2026, significantly higher than levels seen earlier in the year in some periods but well below extreme spikes reported in certain market phases. Many countries have seen corresponding upward pressure on retail fuel prices.
No Change in Regular Automotive Fuels
Despite the global trends, IndianOil confirmed that there has been no increase in the prices of regular petrol and diesel in the domestic market. Retail rates in major cities remained stable on 14 November 2026:
- New Delhi: Petrol ₹102.12/litre | Diesel ₹95.20/litre
- Mumbai: Petrol ₹111.21/litre | Diesel ₹97.83/litre
- Chennai: Petrol ₹107.76/litre | Diesel ₹99.55/litre
- Kolkata: Petrol ₹113.51/litre | Diesel ₹99.82/litre
Fuel prices have largely stayed steady for an extended period, shielding Indian consumers from sharper international swings.
Limited Adjustment in Premium Grade
The only reported revision applies to the company’s premium petrol grade. XP-95 premium petrol saw a limited upward adjustment of ₹2 per litre in some updates. This grade accounts for only a small share (around 5%) of total petrol sales, so the impact on the majority of consumers remains minimal.
Focus on Supply and Stability
IndianOil emphasised its commitment to ensuring uninterrupted fuel availability nationwide. The company stated that its priorities continue to be consistent supply, responsible pricing, and reliable service, even as global oil markets experience volatility driven by geopolitical factors and demand-supply dynamics.
The announcement is aimed at reassuring the public that regular automotive fuel prices remain stable at a time when international crude markets continue to show significant movement.
