New Delhi, April 23 -- Petrol and diesel prices in India stayed steady on April 23, 2026, despite significant fluctuations in global oil markets driven by geopolitical tensions in West Asia.

Despite ongoing fluctuations in global oil prices, the Indian government has suggested that petrol and diesel rates are likely to remain stable for the time being. Oil marketing companies are reportedly absorbing some of the volatility to prevent sudden increases in fuel prices for consumers.

Oil marketing companies revise fuel prices every day at 6 AM, taking into account changes in international crude oil rates and foreign exchange movements. This daily pricing system is intended to maintain transparency and reflect real-time market conditions for...