Petrol Diesel Price Today, October 31, 2026: Petrol and diesel prices remained unchanged across major Indian cities on Saturday, October 31, providing some relief to motorists amid fluctuations in international crude oil prices. Oil marketing companies have released the latest retail fuel rates, with no fresh increase or decrease reported in the cities covered by the latest update.

According to the reported prices, petrol costs ₹102.12 per litre in New Delhi, while diesel is available at ₹95.20 per litre. In Mumbai, petrol is priced at ₹111.21 per litre and diesel at ₹97.83 per litre.

Fuel prices continue to vary considerably across India because of differences in state taxes, transportation costs and other pricing factors.

With the festive season underway, consumers planning road trips or daily travel should check the latest fuel prices before visiting a petrol pump.

Petrol and Diesel Prices Remain Stable on October 31

India's major oil marketing companies, including Indian Oil Corporation, Bharat Petroleum and Hindustan Petroleum, generally update retail petrol and diesel prices at 6 AM every day.

These rates are influenced by several factors, including international crude oil prices, exchange-rate movements and domestic pricing decisions.

Despite volatility in global energy markets, the latest report indicates that retail fuel prices have remained unchanged across the major Indian cities listed.

This means motorists in these locations are paying the same reported rates as the previous day.

However, the actual price may differ slightly between locations, even within the same city, depending on the applicable retail pricing arrangements.

Petrol Diesel Price Today: City-Wise Rates on October 31, 2026

Here are the latest reported petrol and diesel prices in 12 major Indian cities.

Note: Prices are based on the supplied October 31, 2026 report and have not been independently verified against live fuel station quotations. Rates may vary by location.

Which City Has the Highest Petrol Price Today?

Among the 12 cities included in the report, Hyderabad has the highest quoted petrol price at ₹116.15 per litre.

Thiruvananthapuram follows at ₹115.49 per litre, while Kolkata records a petrol price of ₹113.51 per litre.

Patna and Jaipur also have relatively high petrol prices at ₹113.37 and ₹113.19 per litre, respectively.

On the other hand, Chandigarh has the lowest quoted petrol price among the listed cities at ₹101.54 per litre.

The difference between Hyderabad and Chandigarh is ₹14.61 per litre.

For a motorist purchasing 40 litres of petrol, this difference amounts to ₹584.40.

The comparison highlights how significantly fuel expenses can vary between cities.

Which City Has the Cheapest Diesel?

Diesel prices also show noticeable differences across the country.

Among the cities listed, Chandigarh has the lowest reported diesel price at ₹89.47 per litre.

Thiruvananthapuram has the highest quoted diesel price at ₹104.40 per litre, followed closely by Hyderabad at ₹104.23 per litre.

The difference between the highest and lowest reported diesel prices is ₹14.93 per litre.

For commercial vehicle operators and transport businesses that purchase fuel in large quantities, such differences can have a meaningful impact on operating expenses.

However, these rankings apply only to the 12 cities included in the report, not every city in India.

Petrol and Diesel Prices in Delhi, Mumbai and Jaipur

New Delhi

Petrol / Diesel per litre

₹102.12 / ₹95.20

Mumbai

Petrol / Diesel per litre

₹111.21 / ₹97.83

Jaipur

Petrol / Diesel per litre

₹113.19 / ₹98.25

The reported rates show that petrol is more expensive in Jaipur than in Delhi and Mumbai.

Diesel in Jaipur is also priced higher than in the national capital.

Consumers should verify local pump rates before calculating their exact travel expenses.

Why Do Petrol and Diesel Prices Change Every Day?

India follows a dynamic fuel pricing system under which retail petrol and diesel prices are generally reviewed daily.

Several factors can influence these prices.

International Crude Oil Prices

Crude oil is the main raw material used to produce petrol and diesel.

When international crude prices rise, the cost of sourcing oil may increase.

Similarly, a decline in global crude prices can reduce input costs, although retail prices do not necessarily change immediately or by the same amount.

Rupee-Dollar Exchange Rate

India imports a substantial portion of its crude oil requirements.

Because international crude oil transactions are generally denominated in US dollars, the exchange rate between the rupee and dollar plays an important role.

A weaker rupee can make imported crude oil more expensive in domestic currency terms.

Central and State Taxes

Taxes are a major component of retail petrol and diesel prices.

Central excise duties and state-level value-added taxes contribute to differences in pump prices across the country.

State tax structures vary, which is one reason motorists pay different rates in different cities.

Transportation and Distribution Expenses

The distance between fuel supply facilities and retail outlets can also influence pricing.

Transportation expenses, dealer commissions and other operational costs contribute to the final retail price.

Why Have Petrol and Diesel Prices Remained Relatively Stable?

The original report highlights the relative stability of Indian fuel prices despite fluctuations in international energy markets.

Changes in central and state fuel taxes since 2022 have influenced domestic retail prices.

However, it would be inaccurate to suggest that petrol and diesel prices have remained completely unchanged nationwide for the entire period.

Fuel prices have experienced revisions at different times, and local rates can also change because of state taxation and other adjustments.

The latest report specifically indicates that no price revision was recorded in the listed major cities on October 31, 2026.

How Do Fuel Prices Affect Household Budgets?

Petrol and diesel expenses influence household finances directly and indirectly.

People who commute daily using motorcycles, scooters or cars may notice changes in monthly travel expenses whenever fuel prices rise.

Diesel prices can also affect transport businesses, logistics operators and agricultural activities.

Higher transportation expenses may eventually influence the prices of goods and services, although the impact depends on several economic factors.

For example, a person using 50 litres of petrol per month in Jaipur would spend approximately ₹5,659.50 at the reported price of ₹113.19 per litre.

This calculation excludes any other vehicle-related expenses.

How to Check the Latest Petrol and Diesel Prices

Consumers can verify current fuel prices through official oil company websites, mobile applications or authorised fuel station information.

The following official websites provide access to company information and fuel-related services:

• Indian Oil Corporation
• Bharat Petroleum
• Hindustan Petroleum

Motorists can also check the price displayed at their nearest petrol pump before refuelling.

Because prices may differ between locations, checking the exact retail outlet rate is the most reliable way to confirm the amount payable.

Will Petrol and Diesel Prices Increase in November?

With November approaching, consumers may be concerned about possible changes in petrol and diesel prices.

International crude oil prices, geopolitical developments and currency movements will remain important factors to monitor.

However, the direction of future retail fuel prices cannot be predicted with certainty.

Even if crude oil becomes more expensive internationally, domestic pump prices may not rise immediately.

Similarly, a decline in international crude prices does not guarantee an immediate reduction at petrol pumps.

Consumers should follow official daily price announcements rather than relying on unconfirmed forecasts.

Petrol Diesel Price Today: Key Update for Motorists

Petrol and diesel prices were reported to be unchanged across the 12 major Indian cities covered in the October 31, 2026 update.

Petrol is quoted at ₹102.12 per litre in Delhi, ₹111.21 in Mumbai, ₹113.19 in Jaipur and ₹116.15 in Hyderabad.

Diesel is priced at ₹95.20 in Delhi, ₹97.83 in Mumbai, ₹98.25 in Jaipur and ₹104.23 in Hyderabad.

Although international crude oil markets remain volatile, the latest reported retail prices have not changed in these locations.

Motorists should check the latest rate at their local petrol pump before refuelling, particularly when travelling between cities or states.