Industrial Diesel Price Hiked by Rs 28/Litre Amid Middle East Tensions

April 3, 2026

New Delhi: State-owned oil companies have increased the price of diesel for industrial use (HSD) by Rs 28.22 per liter, bringing the new rate to Rs 137.81 per liter. This increase represents more than 25 percent. This decision was taken on Wednesday by Indian Oil Corporation Ltd and Bharat Petroleum Corporation Ltd, among others.

Middle East Crisis Caused
According to internal information, the increase is primarily due to the ongoing tensions in the Middle East and rising crude oil prices. These new rates will apply to customers who purchase diesel in bulk directly for industrial and commercial use. The price of furnace oil has also been increased by Rs 23.77 per liter in the same notification.

Supply continues, general public unaffected
Companies have clarified that diesel supplies to industrial and wholesale customers will continue without interruption. Meanwhile, there has been no change in the prices of petrol and diesel for the general public at petrol pumps.

Second major increase in two weeks
This is the second major increase in the price of industrial diesel in two weeks. Previously, on March 20, its price in Delhi was increased from ₹87.67 to ₹109.59 per liter. During this period, the price of premium petrol also increased by ₹2 per liter. The price of crude oil in the international market has reached $108.40 per barrel.

Government Actions and Situation
To maintain fuel availability in the country, the government has imposed an export duty of ₹21.5 per liter on diesel and ₹29.5 per liter on aviation turbine fuel. According to the Ministry of Petroleum and Natural Gas, all refineries in the country are operating at full capacity and sufficient stock of petrol and diesel is available.