Petrol Price Today, May 14: Check Latest Fuel Price In Your City

Petrol Price Today: Retail fuel prices across India remained largely unchanged on Thursday, May 14, 2026, providing temporary relief to consumers despite significant volatility in the international energy market.

While the conflict in West Asia has sparked fresh concerns over global supply chains and energy security, state-run oil marketing companies (OMCs) have opted to maintain current rates in major metropolitan areas, likely absorbing the pricing pressure to shield the domestic economy from immediate inflation.

In the national capital, New Delhi, petrol continues to retail at ₹94.77 per litre, while diesel is priced at ₹87.67 per litre. Financial capital Mumbai saw prices hold steady at ₹103.54 for petrol and ₹90.03 for diesel. While most cities showed zero to minimal fluctuations, slight marginal adjustments were noted in cities like Patna and Thiruvananthapuram, where prices saw a minor uptick of approximately ₹0.05 to ₹0.31 due to localized tax factors.

PM’s Conservation Appeal and Energy Security

The stability in prices comes at a time of heightened awareness regarding India’s dependence on imported crude. Prime Minister Narendra Modi recently urged citizens to practice mindful consumption, suggesting a reduction in unnecessary fuel usage and wastage. These remarks have led to widespread speculation regarding future demand-management strategies, though the government has clarified that there are currently no plans for fuel rationing. Official reports indicate that India maintains a robust strategic reserve, with enough crude oil and LNG for 60 days and LPG for 45 days.

Global Crude Volatility and the ‘West Asia’ Factor

International benchmark Brent crude remains elevated as the geopolitical crisis in the Middle East threatens critical transit corridors like the Strait of Hormuz. Given that India imports over 85% of its crude requirements, any prolonged disruption could significantly impact import costs. Analysts suggest that while OMCs are currently holding rates steady, a sustained period of high global prices may eventually necessitate a nationwide revision to protect the profitability of state-run retailers.

City-Wise Fuel Rates: May 14, 2026