On April 16, 2023, petrol and diesel prices in India remained stable at state-run outlets, despite fluctuations in the global oil market. Brent crude oil prices are currently between $94.75 and $95.60 per barrel, reflecting a 10% drop over the past week, although prices are still about 44% higher than a year ago. The Indian government has prioritized the supply of Piped Natural Gas (PNG) and Liquefied Petroleum Gas (LPG) amidst disruptions caused by the ongoing conflict in West Asia. Sujata Sharma, Joint Secretary in the Ministry of Petroleum & Natural Gas, emphasized that measures have been taken to stabilize energy supplies, with full gas supply ensured for critical industries. Additionally, authorities have implemented monitoring measures to prevent market malpractices, conducting 2,100 surprise inspections and penalizing 237 distributors to curb hoarding and black marketing.