Petrol and Diesel Prices – February 8, 2026: Fuel rates in India are updated every day by oil marketing companies (OMCs), typically around 6 AM. These revisions are linked to global crude oil movements, currency exchange fluctuations, and domestic taxation policies, ensuring fuel prices reflect current market conditions and remain transparent for consumers.
India follows a dynamic fuel pricing system, meaning even small shifts in international oil prices or the rupee-dollar exchange rate can influence retail fuel costs. The final price paid by consumers includes refinery charges, dealer commission, central excise duty, and state VAT, which together form a large part of the retail rate.
City-wise Petrol and Diesel Prices (Reference Data)
| City | Petrol (₹/L) | Diesel (₹/L) |
|---|---|---|
| New Delhi | 94.72 | 87.62 |
| Mumbai | 104.21 | 92.15 |
| Kolkata | 103.94 | 90.76 |
| Chennai | 100.75 | 92.34 |
| Ahmedabad | 94.49 | 90.17 |
| Bengaluru | 102.92 | 89.02 |
| Hyderabad | 107.46 | 95.70 |
| Jaipur | 104.72 | 90.21 |
| Lucknow | 94.69 | 87.80 |
| Pune | 104.04 | 90.57 |
| Chandigarh | 94.30 | 82.45 |
| Indore | 106.48 | 91.88 |
| Patna | 105.58 | 93.80 |
| Surat | 95.00 | 89.00 |
| Nashik | 95.50 | 89.50 |
(Prices may vary slightly based on daily revisions and local taxes.)
Recent data shows fuel prices in many major cities have stayed largely stable for months, with examples such as diesel in Delhi hovering near ₹87.62 per litre and petrol in Mumbai around ₹104.21 per litre in early February 2026.
Key Factors That Influence Fuel Prices in India
Global Crude Oil Prices:
International oil market trends directly impact domestic fuel pricing, since India imports a major portion of its crude oil requirements.
Exchange Rate Movements:
If the Indian rupee weakens against the US dollar, importing crude becomes costlier, often leading to higher fuel prices.
Taxes by Central and State Governments:
Excise duty, VAT, and other local levies significantly affect final retail prices, and tax rates differ across states.
Refining and Distribution Costs:
Expenses involved in refining crude oil into usable fuels and transporting it to retail outlets also play a role.
Supply and Demand Trends:
Higher fuel demand during peak travel or industrial activity can influence pricing patterns.
How to Check Petrol and Diesel Prices via SMS
Consumers can check real-time fuel prices through SMS services:
- Indian Oil: Send RSP + City Code to 9224992249
- BPCL: Send RSP to 9223112222
- HPCL: Send HP Price to 9222201122
These services provide quick access to updated fuel rates in your city.
