Overview
- The Petroleum Division notified a Rs10.28 per litre cut in petrol to Rs253.17 and an Rs8.57 reduction in high‑speed diesel to Rs257.08, effective from midnight through January 15, 2026.
- Officials said the fortnightly revision followed movements in international oil markets and recommendations from the Oil and Gas Regulatory Authority.
- Before the adjustment, ex‑depot prices were Rs263.45 per litre for petrol and Rs265.65 for high‑speed diesel, according to the government notification.
- The reductions were slightly smaller than some advance projections that had indicated a roughly Rs10.60 per litre petrol cut and an Rs8.59 diesel cut.
- Price components remain substantial, with reported petrol and diesel charges including a petroleum levy (about Rs82 and Rs78 per litre, respectively), a Rs2.50 climate support levy, roughly Rs16–17 in customs duty, and about Rs17 in distribution margins, shaping the pass‑through to consumers.