Petrol Price Today in Major Cities: Full Breakdown for March 12, 2026 – Stable Amid Global Oil Tensions?
Petrol prices across India remain steady on Thursday, March 12, 2026, despite crude oil volatility from Middle East conflicts. Delhi sees ₹94.77 per litre, while Mumbai stands at ₹103.54, reflecting no daily revisions in most metros.
Current Petrol Prices in Top Cities
Fuel pricing in India follows a dynamic daily revision by oil marketing companies (OMCs) like IOCL, BPCL, and HPCL, based on international crude, exchange rates, and taxes. Here’s the latest snapshot for major cities as of 6 AM IST today.
| City | Petrol Price (₹/Litre) | Change Today | Diesel (₹/Litre) |
| New Delhi | 94.77 | 0.00 | 87.67 |
| Mumbai | 103.54 | 0.00 | 92.15 |
| Kolkata | 105.41 | 0.00 | 90.76 |
| Chennai | 100.93 | -0.13 | 92.34 |
| Bengaluru | 102.92 | -0.04 | 89.02 |
| Hyderabad | 107.46 | 0.00 | 95.70 |
| Gurgaon | 95.65 | 0.00 | – |
| Noida | 94.88 | +0.14 | 87.86 |
| Pune | 104.04 | 0.00 | 90.57 |
| Lucknow | 94.69 | 0.00 | 87.80 |
Prices vary due to state VAT: Southern cities like Hyderabad top ₹107 owing to higher local taxes, while Delhi benefits from lower levies.
Factors Behind Today’s Stability
Crude Brent hovered at $82-85/barrel amid Red Sea disruptions and OPEC+ cuts of 2.2M bpd, yet OMCs absorbed costs via stable rupee (₹83.5/USD). No hikes since early March; minor tweaks in Chennai/Bengaluru reflect local logistics.
RBI’s steady repo at 5.25% curbs imported inflation, while India’s 7.8% Q3 GDP growth sustains demand without panic revisions.
State-Wise Petrol Price Overview
Beyond metros, prices span ₹92-109/L:
- Andhra Pradesh: ₹109.34
- Kerala: ₹106.46
- Bihar: ₹106.26
- Madhya Pradesh: ₹107.39
- Chandigarh: ₹94.30 (lowest tier)
Northeast like Arunachal at ₹92.52 benefits from subsidies; Maharashtra averages ₹104.81. Diesel follows suit, 7-10% cheaper, aiding logistics.
Recent Trends: Why No Major Hikes in 2026?
2026 saw mild fluctuations: February cuts in some cities pre-elections, but March stabilized post-Q3 GDP data. Global wars pushed crude up, yet India stockpiled adequately—strategic reserves cover 10+ days.
OMCs’ marketing margins compressed; hikes unlikely below $130 crude, per analysts. Excise frozen since 2022 aids consumers.
Impact on Daily Life and Economy
For commuters, ₹94.77 in Delhi means ₹9,477 for a 100L tank—up 2% YoY but stable monthly. CNG at ₹76 Delhi edges cheaper for cars.
Economy-wide: Fuel eats 40% transport costs; stability boosts inflation control (CPI 2.8%). Farmers benefit from diesel ₹87.67; aviation feels jet fuel pinch.
Tips to Save on Fuel Costs
Switch to hybrids for 20-30% savings; apps like Fuel@IOC track cheapest pumps. Maintain tyre pressure, avoid idling—save 10%.
Carpool via apps; EV shift: Delhi incentives cut TCO 40% long-term.
Future Outlook: What to Expect Next Week?
Watch OPEC meetings, US tariffs; $100 crude could add ₹2-3/L if passed on. But govt may cut excise pre-budget signals. Track via SMS: RSP PET<space>city to 9224992249.
Stable prices signal resilience, but geo-risks loom.
