However, to shield everyday consumers, regular petrol and diesel rates at state-run pumps remain untouched. Regular petrol and diesel prices OMCs revise prices every morning at 6 AM. Despite the massive hikes in commercial and premium fuels, the prices of regular petrol and diesel at pumps—which account for the vast majority of daily retail sales—remained stable on Monday. In simple terms, a weaker rupee can increase the cost of imported crude, pushing up domestic fuel prices, or vice versa. Another factor is the taxes imposed by the Centre and state governments, which form a major component of petrol and diesel prices and are responsible for variations in fuel prices across states.

Source: Mint April 06, 2026 20:20 UTC