Petrol and diesel prices in India saw little to no change on August 9, 2026, maintaining the rates observed across major metropolitan areas. This consistent pricing comes after a period of stability in fuel costs, which have largely held firm since May 25, when state-owned Oil Marketing Companies (OMCs) last adjusted prices upwards.
Current Fuel Rates in Major Metros
As of August 9, 2026, consumers in India's leading cities continue to pay the following for petrol and diesel (per litre):
- Delhi: Petrol ₹102.12, Diesel ₹95.20
- Mumbai: Petrol ₹111.31, Diesel ₹97.97
- Hyderabad: Petrol ₹116.04, Diesel ₹104.82
- Kolkata: Petrol ₹113.51, Diesel ₹99.82
- Bengaluru: Petrol ₹110.93, Diesel ₹98.80
- Chennai: Petrol ₹107.87, Diesel ₹99.65
Notably, petrol prices in cities like Bengaluru, Hyderabad, and Kolkata remain above the ₹110 per litre mark, with Hyderabad seeing diesel prices also exceeding ₹100.
What Influences India Fuel Prices?
The retail cost of petrol and diesel at the pump is a complex interplay of several global, economic, and domestic factors. At the core is the international price of crude oil, which serves as the primary raw material for both fuels and significantly impacts consumer costs.
Another crucial variable is the rupee-dollar exchange rate. Given India's substantial reliance on imported crude oil, a weaker rupee against the dollar directly increases the cost of procurement, which can then translate into higher retail fuel prices for the end consumer.
Why Do Prices Differ Across Cities?
Beyond global market dynamics, local factors contribute to the variation in fuel prices from one city to another. Taxes levied by both the central government (excise duty) and individual state governments (Value Added Tax - VAT) constitute a significant portion of the final price. These varying tax structures are a primary reason why petrol and diesel rates differ across states.
Additionally, transportation costs from refineries to distribution points, along with prevailing demand-supply conditions within specific regions, also play a role in determining the ultimate price consumers see at the fuel station.