NEW DELHI, March 15 -- Petrol and diesel prices in India remained unchanged on March 15, 2026, even as global oil markets continue to experience sharp volatility amid geopolitical tensions in West Asia. Oil marketing companies (OMCs) update fuel prices daily at 6 AM, aligning them with movements in global crude oil prices and currency exchange rates. The daily revision mechanism is designed to promote transparency and ensure consumers receive the most up-to-date information on retail fuel prices.
However, despite fluctuations in international oil markets, the Indian government has indicated that petrol and diesel prices are expected to remain stable for now, with oil marketing companies absorbing part of the volatility to avoid sudden pric...