India Energy Tracker · Editorial Archive

Historical data & scenario analysis

Five years of verified crude, rupee, and Delhi pump-price data. Every value sourced. Where the main dashboard runs a 2026 conflict scenario, that overlay is clearly marked.

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Brent crude vs USD/INR

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OilPriceAPI · Yahoo
Brent (USD/bbl) USD/INR (₹/USD)
Editorial reconstruction · post-May-2022 only

The price difference — what you paid vs what you'd have paid

Chart starts May 22, 2022 — the day the Centre's ₹8/L excise cut set Delhi petrol at ₹96.72 with Brent at $112 × USD/INR ₹77.82. From that anchor, both lines start at parity; the pink line tracks what petrol would have cost if every subsequent rupee of crude × rupee movement had passed through; the blue line is what Delhi actually charged. The shaded area between them is the difference — the part of the crude move that didn't reach the pump, held back through OMC under-recovery and excise/VAT foregone. Pre-May-2022 data is excluded because OMCs ran daily revisions then.
OilPriceAPI · Yahoo · IOCL
Delhi petrol — actual retail (stepped) Market-linked petrol — full pass-through estimate Shaded area = the difference

Anchor: May 22, 2022 — Brent $112.16 × USD/INR ₹77.82 = ₹8,728/bbl crude-in-INR; Delhi petrol ₹96.72/L after the ₹8/L excise cut. Each subsequent day's market-linked price = anchor + (crude-in-INR change × ₹0.00663/L per ₹/bbl) — the elasticity from the main dashboard's Oil Shock calculator. Chart clamps to May 22, 2022 onwards and holds the post-cut tax stack constant. Editorial reconstruction, not an official OMC under-recovery number — see Methodology below for full sourcing.

India fuel — 6 metros

Pump prices at each revision event. Lines drawn between events for visual continuity.
PIB · IOCL · PPAC

India crude basket — FY averages

Fiscal-year averages (USD/bbl). Basket = weighted Brent + Dubai/Oman.
PPAC
Editorial insight

Why Indian fuel doesn't move with global oil

Retail petrol and diesel in India rise faster than they fall. When global crude spikes, Oil Marketing Companies and the Centre's excise duty cushion the consumer initially — then quietly pass it through. When crude falls, that cushion is reclaimed as tax revenue or OMC margin, not consumer relief. The numbers below tell that story across the date range you've selected.

All deltas are computed directly from the verified data above. No interpolation. Change the date range filter to see this asymmetry over different windows — the 2020 COVID crash, the 2022 Russia-Ukraine spike, and the 22-month freeze that followed each tell different chapters.

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