Apna Dukan Apna Business

30/05/2026

Crude oil prices in India did not always move the same way as petrol and diesel prices 👀

Between 2007 and 2013, Brent crude oil prices jumped from $68 to $103 per barrel.
But during the same period, petrol prices were only around ₹45–₹63 and diesel prices were around ₹32–₹49 per litre.

Then something interesting happened👇

After 2013, crude oil prices started falling:
• 2016 → Brent crude dropped to $48
• 2020 → Brent crude dropped further to $40

But fuel prices in India kept rising:
• Petrol → ₹62 → ₹71 → ₹96 → ₹103
• Diesel → ₹50 → ₹69 → ₹89 → ₹96

Now in 2026, crude oil prices have again reached around $104 per barrel.

May month approximate data used:

2007 → Brent $68 | Petrol ₹45 | Diesel ₹32
2010 → Brent $75 | Petrol ₹53 | Diesel ₹38
2013 → Brent $103 | Petrol ₹63 | Diesel ₹49
2016 → Brent $48 | Petrol ₹62 | Diesel ₹50
2020 → Brent $40 | Petrol ₹71 | Diesel ₹69
2023 → Brent $75 | Petrol ₹96 | Diesel ₹89
2026 → Brent $104 | Petrol ₹103 | Diesel ₹96

Source: Brent crude historical data, PPAC, IOCL, major metro fuel prices.

30/04/2026

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