Petrol Diesel Price Today, October 15, 2026: Indian oil marketing companies have released the reported petrol and diesel prices for Thursday, October 15. Fuel rates remain an important concern for millions of motorists, transport operators and businesses because even a small change in prices can influence daily travel expenses and transportation costs.

In India, petrol and diesel retail prices are generally reviewed under a daily pricing mechanism, with applicable rates updated at 6 AM. These prices may differ across cities because of state taxes, local levies, transportation expenses and other pricing factors.

According to the October 15 price list provided, petrol is priced at ₹102.12 per litre in New Delhi, ₹111.18 in Mumbai, ₹112.66 in Jaipur and ₹115.69 in Hyderabad. Diesel prices also vary considerably across major cities.

Before visiting a fuel station, motorists can check the latest applicable rates through official oil company websites, mobile applications or authorised SMS services.

Petrol and Diesel Prices on October 15, 2026: City-Wise Fuel Rate List

Here are the reported petrol and diesel prices across 14 major Indian cities for October 15, 2026.

Note: These figures are reproduced from the supplied October 15, 2026 price update and have not been independently verified against live oil marketing company bulletins. Actual pump prices should be confirmed locally.

Among the cities listed, Hyderabad has the highest reported petrol price at ₹115.69 per litre, followed closely by Thiruvananthapuram at ₹115.49.

Chandigarh has the lowest petrol price in this comparison at ₹98.10 per litre, while its diesel rate stands at ₹86.09.

Petrol and Diesel Prices in Delhi, Mumbai, Kolkata and Chennai

Fuel prices across India's four major metropolitan cities show noticeable differences.

In New Delhi, the reported petrol price is ₹102.12 per litre, while diesel costs ₹95.20 per litre.

Mumbai motorists are paying ₹111.18 for petrol and ₹97.83 for diesel, according to the supplied rates.

In Kolkata, petrol is listed at ₹113.47 per litre and diesel at ₹99.82 per litre.

Chennai's reported rates stand at ₹107.77 for petrol and ₹99.55 for diesel.

These differences highlight the influence of state-level taxation and regional distribution costs on fuel prices.

Petrol Diesel Rates in Jaipur, Lucknow, Patna and Other Cities

Motorists in Jaipur are reportedly paying ₹112.66 per litre for petrol and ₹97.78 for diesel.

In Lucknow, petrol is priced at ₹102.05 per litre, while diesel costs ₹95.55.

Patna has comparatively higher rates, with petrol listed at ₹113.35 and diesel at ₹99.36 per litre.

In Gurugram, petrol costs ₹102.77 and diesel ₹95.44, while Noida's reported prices are ₹102.12 and ₹95.56, respectively.

Although some of these cities are geographically close, their retail fuel prices can differ because of applicable state taxes and local pricing arrangements.

Why Have Petrol and Diesel Prices Remained Relatively Stable?

Petrol and diesel prices in India have experienced periods of relative stability despite fluctuations in international crude oil markets.

Tax reductions introduced by the central government and several state governments from May 2022 contributed to changes in retail fuel prices.

Subsequent pricing decisions by oil marketing companies have also influenced the rates paid by consumers.

However, describing prices as completely unchanged for two years would be misleading because revisions have occurred during that period, including changes in March 2024.

Retail fuel prices do not necessarily move immediately or proportionately with every change in international crude oil prices.

Domestic pricing decisions also depend on market conditions, taxation and the commercial considerations of oil marketing companies.

What Factors Determine Petrol and Diesel Prices in India?

Several important factors influence how much motorists pay for petrol and diesel.

1. International Crude Oil Prices

Crude oil is the primary raw material used to manufacture petrol and diesel.

When global crude oil prices increase, the cost of sourcing petroleum can rise for Indian refiners.

However, an increase in international crude prices does not automatically result in an immediate increase at Indian fuel stations.

2. Rupee-Dollar Exchange Rate

India imports a substantial share of its crude oil requirements, and international oil transactions are commonly denominated in US dollars.

When the Indian rupee weakens against the dollar, importing crude oil becomes more expensive in rupee terms, assuming other factors remain unchanged.

A stronger rupee can help reduce import costs.

3. Central and State Government Taxes

Taxes form an important component of petrol and diesel retail prices.

The central government imposes applicable excise duties, while state governments levy value-added tax or other relevant sales taxes.

Differences in state taxation are among the main reasons fuel prices vary across India.

4. Refining and Distribution Expenses

Crude oil must undergo refining before it becomes usable petrol or diesel.

Refining costs depend on factors such as crude quality, processing technology, operational efficiency and energy requirements.

Transportation, storage and dealer-related expenses also contribute to the final retail price.

5. Fuel Demand and Supply Conditions

Demand for petrol and diesel changes depending on transportation activity, economic conditions and seasonal requirements.

Higher consumption can influence market conditions, although retail prices are also affected by company pricing decisions and other factors.

How to Check Petrol and Diesel Prices Through SMS

Motorists who want to verify local fuel prices can use the official services provided by Indian oil marketing companies.

The supplied report lists the following SMS methods.

These are the contact details mentioned in the original report. Customers should verify that the numbers and message formats remain active through their oil company's official website before using them.

Motorists can also check fuel prices through authorised mobile applications or directly at their nearest petrol pump.

How Rising Fuel Prices Can Affect Your Monthly Budget

Petrol and diesel expenses are a significant part of the monthly budget for many Indian households.

Consider a commuter who uses 40 litres of petrol every month.

If petrol becomes ₹2 more expensive per litre, the commuter's monthly fuel spending increases by ₹80.

For someone consuming 100 litres monthly, the same increase adds ₹200 to the fuel bill.

Diesel price changes can also affect commercial transportation, agricultural operations and logistics expenses.

However, the final impact on consumer goods depends on several factors, including transportation contracts, operating costs and market competition.

Will Petrol and Diesel Become Cheaper in the Coming Days?

Future fuel price movements will depend on international crude oil trends, currency fluctuations, taxation and pricing decisions made by oil marketing companies.

A decline in global crude oil prices may reduce input costs, but it does not guarantee an immediate reduction in retail petrol or diesel prices.

Similarly, an increase in crude oil prices does not necessarily lead to an instant revision at fuel stations.

Consumers should follow official announcements rather than relying on unverified predictions about upcoming fuel price changes.

Petrol Diesel Price October 15, 2026: Important Update for Motorists

The reported October 15 fuel price list shows petrol at ₹102.12 per litre in Delhi, ₹111.18 in Mumbai, ₹112.66 in Jaipur and ₹115.69 in Hyderabad.

Diesel is listed at ₹95.20 in Delhi, ₹97.83 in Mumbai, ₹97.78 in Jaipur and ₹103.82 in Hyderabad.

For motorists, commercial drivers and transport businesses, checking local fuel prices can make it easier to estimate daily expenses and plan travel budgets.

Before refuelling, verify the current price displayed at your petrol station or through an authorised oil marketing company service. Retail rates can differ by location, and the supplied figures should not be treated as independently confirmed live quotations.