New Delhi [India]: The Government has decided to withdraw the temporary regulatory measures governing the sale and distribution of Petrol and Diesel.
The Ministry of Petroleum and Natural Gas said that with effect from 1st July, 2026 the temporary measures will be lifted from Motor Spirit and High Speed Diesel through retail outlets of Public Sector Oil Marketing Companies.
According to the statement, during the period of disruptions arising from the West Asia crisis, the government continued to shield retail consumers from the sharp increase in international fuel prices by maintaining stable retail prices of petrol and diesel.
This led to a significant price difference between retail fuel prices and those applicable to bulk consumers.
The Ministry said that to address this situation, the temporary regulatory measures, introduced on 12th of this month, prescribed a temporary limit of 200 litres of High Speed Diesel per customer or vehicle per day at retail outlets and required industrial, institutional and commercial consumers.
The measures were aimed at preventing black marketing, hoarding and diversion of diesel while ensuring uninterrupted availability of petrol and diesel to retail consumers.
Following a review of the supply situation of petroleum products in the country, the Government has concluded that the temporary regulatory measures are no longer required in the public interest.
The temporary measures helped ensure adequate availability of petrol and diesel across the country while safeguarding the interests of retail consumers.
Their withdrawal reflects the improvement in the supply situation and the restoration of normal supply arrangements.
After several price hike amid the West Asian conflict, the oil prices have kept constant. As of today, the price of petrol is ₹102.12 per litre and diesel is ₹95.20 per litre in national capital New Delhi.
Fuel prices are constant at every part of the country after the last hike announced in the month of May. There is no major hike in the prices of CNG and LPG too.
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