Parliament Question: Retail Petrol and Diesel Price Structure

LOK SABHA UNSTARRED QUESTION NO. 3336 TO BE ANSWERED ON 12 MARCH, 2026 Retail Petrol and Diesel Price Structure 3336. SHRI KODIKUNNIL SURESH: पेट(cid:332)ोिलयम और (cid:366)ाकृ ितक गैस मं(cid:361)ी Will the Minister of PETROLEUM AND NATURAL GAS be pleased to state: (a) the detailed cost components of petrol and diesel sold in the country, content-wise and component-wise including all possible expenses, taxes and profit margin, company-wise during the last twelve months; (b) the details of the price breakup for major OMCs such as IOCL, BPCL and HPCL for petrol and diesel indicating differences in pricing components, service provider-wise or company-wise; (c) the average retail price and net price (before taxes) of petrol and diesel in various major States and Cities (offtake centres) during the last twelve months and the manner in which State taxation impacts final prices for consumers; (d) the quantity of crude oil imported by the country for refining and supply in the domestic market during the same period, country-wise (major suppliers) and value-wise; and (e) the steps taken by the Government to reduce the retail price of petrol and diesel for consumers? ANSWER पेट(cid:332)ोिलयम और (cid:366)ाकृ ितक गैस मं(cid:361)ालय म(cid:336) रा(cid:475) मं(cid:361)ी ((cid:373)ी सुरेश गोपी) MINISTER OF STATE IN THE MINISTRY OF PETROLEUM AND NATURAL GAS (SHRI SURESH GOPI) (a) to (e): Prices of petrol and diesel in the country are market-determined and the Public Sector Oil Marketing Companies (OMCs) take appropriate decision on pricing of petrol and diesel. Government makes fiscal interventions whenever necessary to calibrate the tax structure applicable for petroleum products. Central Excise duty was reduced by the Central Government by a total of Rs. 13/litre and Rs. 16/litre on petrol and diesel respectively in two tranches in November 2021 and May 2022, which was fully passed on to consumers. In March, 2024, OMCs reduced the retail prices of petrol and diesel by Rs. 2 per litre each. But in April 2025, when excise duty on Petrol and Diesel was increased by Rs. 2 per litre each it was not passed on to consumers. The quantity of crude oil imported by the country during Jan-Dec 2025 is 248.6 Million Metric Tonnes (MMT) with a value of Rs. 10,94,414.60 crore. The details of Retail Selling Prices (RSP) of Petrol and Diesel sold by PSU OMCs in four metro cities, as on 01.03.2025 and 01.03.2026, are given at Annexure-I. Further, state-wise details of RSP of Petrol and Diesel along with excise duty and applicable VAT as on 01.03.2026 are given at Annexure-II. *****Annexure-I Annexure referred to in reply to Lok Sabha Unstarred Question No. 3336 asked by Shri Kodikunnil Suresh answered on 12.03.2026 regarding “Retail Petrol and Diesel Price Structure”. RSP of Petrol in metro cities (Rs./Litre) Delhi Mumbai Chennai Kolkata OMC As on As on As on As on As on As on As on As on 01.03.2025 01.03.2026 01.03.2025 01.03.2026 01.03.2025 01.03.2026 01.03.2025 01.03.2026 IOCL 94.77 94.77 103.50 103.54 100.80 100.84 105.01 105.45 HPCL 94.81 94.81 103.49 103.49 100.79 100.79 104.99 105.40 BPCL 94.77 94.77 103.45 103.45 100.76 100.76 104.96 105.37 Source: Petroleum Planning and Analysis Cell (PPAC) RSP of Diesel in metro cities (Rs./Litre) Delhi Mumbai Chennai Kolkata OMC As on As on As on As on As on As on As on As on 01.03.2025 01.03.2026 01.03.2025 01.03.2026 01.03.2025 01.03.2026 01.03.2025 01.03.2026 IOCL 87.67 87.67 90.03 90.03 92.39 92.39 91.82 92.02 HPCL 87.71 87.71 90.01 90.01 92.38 92.38 91.81 92.01 BPCL 87.67 87.67 89.98 89.98 92.35 92.35 91.77 91.97 Source: Petroleum Planning and Analysis Cell (PPAC)Annexure-II Annexure referred to in reply to Lok Sabha Unstarred Question No. 3336 asked by Shri Kodikunnil Suresh answered on 12.03.2026 regarding “Retail Petrol and Diesel Price Structure”. Retail Selling Prices (RSP) of Petrol and Diesel as on 01.03.2026 (Rs./Litre) Petrol Diesel States Reference City Excise Duty VAT RSP Excise Duty VAT RSP Delhi New Delhi 21.90 15.40 94.77 17.80 12.83 87.67 West Bengal Kolkata 21.90 21.08 105.45 17.80 13.85 92.02 Maharashtra Mumbai 21.90 24.00 103.54 17.80 15.18 90.03 Tamil Nadu Chennai 21.90 21.34 100.84 17.80 17.57 92.39 Tripura Agartala 21.90 16.25 97.53 17.80 9.86 86.55 Mizoram Aizawl 21.90 17.86 99.06 17.80 11.38 87.92 Haryana Ambala 21.90 15.39 95.94 17.80 12.71 88.37 Karnataka Bengaluru 21.90 22.74 102.96 17.80 15.45 90.99 Madhya Pradesh Bhopal 21.90 26.70 106.52 17.80 16.70 91.89 Odisha Bhubaneswar 21.90 21.24 101.11 17.80 17.44 92.69 Chandigarh Chandigarh 21.90 12.48 94.30 17.80 5.16 82.45 Uttarakhand Dehradun 21.90 13.14 93.35 17.80 12.53 88.24 Gujarat Gandhinagar 21.90 14.86 94.70 17.80 15.06 90.38 Sikkim Gangtok 21.90 20.97 103.35 17.80 12.37 90.45 Assam Guwahati 21.90 18.80 98.19 17.80 14.60 89.42 Telangana Hyderabad 21.90 26.93 107.50 17.80 19.80 95.70 Manipur Imphal 21.90 19.05 99.21 17.80 9.84 85.26 Arunachal Pradesh Itanagar 21.90 11.01 90.87 17.80 5.09 80.38 Rajasthan Jaipur 21.90 24.73 104.72 17.80 14.80 90.21 Punjab Jalandhar 21.90 17.45 97.55 17.80 12.41 87.38 Nagaland Kohima 21.90 16.94 97.70 17.80 12.83 88.83 Uttar Pradesh Lucknow 21.90 14.85 94.69 17.80 12.44 87.81 Goa Panaji 21.90 16.74 96.43 17.80 13.12 88.20 Bihar Patna 21.90 19.31 105.23 17.80 12.51 91.49 Puducherry Puducherry 21.90 13.97 96.26 17.80 8.72 86.47 Andaman & Nicobar Sri Vijaya Puram 21.90 0.82 82.46 17.80 0.77 78.05 Islands Chhattisgarh Raipur 21.90 19.28 99.44 17.80 17.79 93.39 Jharkhand Ranchi 21.90 18.00 97.86 17.80 17.24 92.62 Meghalaya Shillong 21.90 13.60 96.25 17.80 9.60 87.47 Himachal Pradesh Shimla 21.90 13.50 95.05 17.80 10.40 87.13 Jammu & Kashmir Srinagar 21.90 17.51 100.70 17.80 8.61 86.88 Kerala Thiruvananthapuram 21.90 26.41 107.48 17.80 20.00 96.48 Daman & Diu Daman 21.90 10.45 92.44 17.80 10.46 87.94 Ladakh Leh 21.90 15.00 102.35 17.80 5.28 87.45 Andhra Pradesh Amaravati 21.90 29.06 109.74 17.80 21.56 97.57 Lakshadweep Kavaratti 21.90 9.16 100.75 17.80 8.70 95.71 Source: Petroleum Planning and Analysis Cell (PPAC)