Petrol and Diesel Prices Today: Latest Rates Announced Across India

For millions of Indians, the first financial update of the day is not just about the stock market or gold prices — it is about the cost of fuel. Every morning at 6 AM, Oil Marketing Companies (OMCs) release revised petrol and diesel prices, helping consumers stay updated before they head out for work, business, or daily travel.

Fuel prices have a direct impact on the common man’s budget. From office commuters and transport operators to farmers and small business owners, any change in petrol and diesel rates can influence everyday expenses.

The daily price revision system was introduced to bring more transparency into fuel pricing and ensure that consumers receive updated rates based on international market movements, currency fluctuations, and taxation policies.

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Petrol and Diesel Prices Today (July 9, 2026): City-Wise Rates

According to the latest fuel price update, petrol and diesel rates in major Indian cities are:

City	Petrol Price	Diesel Price
New Delhi	₹102.12	₹95.20
Mumbai	₹111.18	₹97.83
Kolkata	₹113.47	₹99.82
Chennai	₹107.77	₹99.55
Gurugram	₹102.77	₹95.44
Noida	₹102.12	₹95.56
Bengaluru	₹110.93	₹98.80
Bhubaneswar	₹109.92	₹100.92
Chandigarh	₹98.10	₹86.09
Hyderabad	₹115.69	₹103.82
Jaipur	₹112.66	₹97.78
Lucknow	₹102.05	₹95.55
Patna	₹113.35	₹99.36
Thiruvananthapuram	₹115.49	₹104.40

Consumers should note that fuel prices are different from state to state because of variations in local taxes, transportation costs, and government duties.

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Why Are Petrol and Diesel Prices Stable Despite Global Oil Market Changes?

Fuel prices in India have remained relatively stable for nearly two years after tax reductions announced by the Government of India and several state governments after May 2022.

Although international crude oil prices continue to move due to global supply and demand conditions, Indian consumers have not witnessed frequent daily fluctuations similar to some international markets.

The country’s fuel distribution network is managed by major Oil Marketing Companies, including Indian Oil Corporation, Bharat Petroleum Corporation Limited, and Hindustan Petroleum Corporation Limited.

Read More- E20 Petrol Controversy Explained: ARAI Report Reveals “Hidden Risks” for Older Cars While Two-Wheelers Get a Clean Chit…

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What Factors Decide Petrol and Diesel Prices in India?

Several important economic factors determine the final retail price of fuel:

1. International Crude Oil Prices

Crude oil is the primary raw material used to produce petrol and diesel. When global crude oil prices increase, fuel costs generally rise because India imports a large portion of its crude requirements.

2. Rupee-Dollar Exchange Rate

India purchases crude oil mainly in US dollars. If the Indian Rupee weakens against the dollar, import costs increase, which can impact domestic fuel prices.

3. Government Taxes and Duties

Central and state taxes form a significant part of the final petrol and diesel price. Differences in state-level taxes are one of the main reasons why fuel prices vary across cities.

4. Refining Expenses

Before reaching petrol pumps, crude oil goes through a refining process. The cost depends on refinery efficiency, crude quality, and operational expenses.

5. Demand and Supply Conditions

Fuel demand often rises during holiday seasons, festivals, and extreme weather conditions. Increased consumption can influence market prices.

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How to Check Petrol and Diesel Prices Through SMS?

Consumers can easily check updated fuel rates using their mobile phones.

For Indian Oil Customers

Send:

RSP <City Code>

to:

9224992249

For BPCL Customers

Send:

RSP

to:

9223112222

For HPCL Customers

Send:

HP Price

to:

9222201122

These services allow customers to access official fuel price information without depending on unofficial sources.

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Fuel Prices Remain a Key Economic Indicator

Petrol and diesel prices continue to play an important role in India’s economy. Any major movement in fuel costs can influence transportation charges, product prices, inflation, and household spending.

While today’s rates remain steady across major cities, consumers continue to watch global crude oil trends, currency movements, and government policies for possible future changes.