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The country’s leading state-run oil marketing companies—Indian Oil Corporation (IOCL), Bharat Petroleum Corporation Limited (BPCL) and Hindustan Petroleum Corporation Limited (HPCL)—have released the latest retail prices of petrol and diesel today at 6 am, Wednesday, October 7, 2026. There is a relief news for Indian consumers and drivers today amidst the ongoing fluctuations in the prices of Brent crude and WTI crude in the global crude oil market. According to the latest rate chart released by oil companies today, there has been no major reshuffle in fuel prices in major metros and states across the country and the rates have remained stable. With the onset of the festive season, stability in fuel prices has emerged as a big support for the businessmen involved in daily transportation, freight transportation and logistics, which is expected to keep the transportation cost of essential commodities and vegetables under control.
Due to differences in Value Added Tax (VAT), local cess and freight charges levied at the state level, prices of petrol and diesel are different in different cities of the country. Today, on October 7, fuel prices in major cities of the country have been recorded as follows:
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National Capital Delhi: Petrol is stable at ₹102.12 per liter and diesel at ₹95.20 per litre.
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Financial capital Mumbai: Petrol is being sold at ₹111.21 per liter and diesel at ₹97.83 per liter. Fuel remains costlier in Mumbai than other metros due to high rates of local body tax and VAT.
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Lucknow, the capital of Uttar Pradesh: In the city of Nawabs, Lucknow, today petrol was recorded at ₹ 101.86 per liter and diesel at ₹ 95.36 per liter.
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Noida and Greater Noida: In this industrial city of UP adjacent to Delhi, petrol is being sold at ₹ 101.96 per liter and diesel at ₹ 95.12 per liter.
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Kolkata (West Bengal): In metropolitan Kolkata, the price of petrol remained stable at ₹113.51 per liter and diesel at ₹99.85 per liter.
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Chennai (Tamil Nadu): In Chennai, the major metropolis of South India, petrol is available at the price of ₹ 107.74 per liter and diesel at ₹ 99.55 per liter.
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Patna, the capital of Bihar: In Patna, petrol has been recorded at around ₹105.48 per liter and diesel at around ₹92.27 per litre.
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Bengaluru and Hyderabad: Petrol is trading around ₹102.86 per liter in IT hub Bengaluru and around ₹107.41 per liter in Hyderabad.
The Indian retail fuel market is deeply dependent on international benchmark crude oil (Brent Crude Oil) prices and the exchange rate of the Indian Rupee against the US Dollar. India imports more than 85% of its total crude oil needs from abroad. In recent days, due to the ongoing geopolitical tension in West Asia and supply chain disruptions in the Red Sea route, the prices of Brent crude in the international market have been swinging in the range of 75 to 78 dollars per barrel. However, global economic slowdown and slow pace of energy demand in China have put brakes on the wild surge in oil prices. Indian oil marketing companies balance domestic prices on a daily basis after assessing the 15-day international average price and foreign exchange rates, so that international shocks do not directly impact the pockets of the common Indian consumer.
Often this question arises in the minds of common citizens that why petrol in Delhi is around ₹ 102, while in Mumbai or Kolkata it reaches ₹ 111 to ₹ 113. India’s complex tax structure is responsible for this. When crude oil reaches India from the international market, refineries convert it into petrol and diesel. After this, Central Excise Duty imposed by the Central Government, refinery and transportation margin of oil companies, commission of petrol pump dealer and finally VAT (Value Added Tax) imposed by the concerned state government is added. Since each state government sets VAT rates differently as per its financial policies and revenue needs, there is a huge difference of Rs 5 to Rs 12 in the retail prices of petrol and diesel as the state border changes.
If you are planning to go to the petrol pump in the morning to fill your car tank, then you can know today’s exact rate of your nearest pump by just sending a simple SMS before leaving home:
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Consumers of Indian Oil (IOCL): Go to your phone’s message box, type RSP petrol pump dealer code and type it. 9224992249 Send it to.
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Bharat Petroleum (BPCL) Customers: Type RSP dealer code and enter it 9223112222 Send to.
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Consumers of Hindustan Petroleum (HPCL): Type HPPRICE dealer code and enter it 9222201122 SMS on
As soon as you send the SMS, within a few seconds a reply message will come on your mobile from the concerned oil company, in which today’s applicable per liter price of petrol and diesel in your area will be clearly mentioned. Apart from this, live rates of all the nearby filling stations can be seen based on GPS location through Indian Oil’s ‘IndianOil ONE’ app and BPCL’s ‘Urja’ app.
The month of October is very important in India from economic and social point of view. In this long festive season starting from Navratri and lasting till Dussehra, Karva Chauth, Dhanteras and Diwali, the traffic of private vehicles increases manifold. Also, diesel is used heavily in the delivery of e-commerce companies, transportation of textile markets, electronic goods and agricultural produce to the markets. In such critical times, stable prices of petrol and diesel will act as a shield to keep inflation under control. Economists believe that if international crude oil prices remain below $80, then there is no possibility of any major increase in fuel prices in the domestic market in the coming weeks, which is a big financial relief for the middle class and small businessmen.