Petrol Diesel Price Today, October 12, 2026: Petrol and diesel prices remain an important part of everyday household expenses in India. Whether you travel to work on a motorcycle, drive a car, operate a commercial vehicle, or run a transportation business, changes in fuel prices can directly affect your monthly budget.

Oil marketing companies release updated petrol and diesel rates every morning at 6 AM. The daily pricing mechanism allows consumers to check the applicable retail rates in their respective cities.

According to the price information reported for Monday, October 12, 2026, petrol is priced at ₹102.12 per litre in New Delhi, ₹111.18 in Mumbai, ₹113.47 in Kolkata, and ₹107.77 in Chennai. Meanwhile, diesel is listed at ₹95.20 per litre in Delhi and ₹97.83 in Mumbai.

Fuel prices differ across cities because of state-level taxes, transportation expenses, local charges, and other pricing factors.

Here is a detailed look at the latest petrol and diesel prices in India, city-wise fuel rates, reasons behind price differences, and ways to check updated prices before refuelling.

Petrol and Diesel Prices Today: October 12, 2026 City-Wise Rate List

The following table presents the petrol and diesel prices reported for 14 major Indian cities on October 12, 2026.

Note: The above figures are reproduced from the supplied October 12, 2026 price report and have not been independently verified against official live listings. Fuel rates may vary by location and outlet. Confirm the applicable price with your fuel retailer.

Petrol Price Today: Which Cities Have the Highest and Lowest Rates?

According to the reported figures, Hyderabad has the highest petrol price among the 14 cities listed, at ₹115.69 per litre.

Thiruvananthapuram follows closely at ₹115.49 per litre, while petrol costs ₹113.47 in Kolkata and ₹113.35 in Patna.

Chandigarh has the lowest reported petrol rate in this comparison at ₹98.10 per litre.

The difference between Hyderabad and Chandigarh is ₹17.59 per litre.

For a motorist purchasing 40 litres of petrol, that price difference would amount to ₹703.60.

This comparison illustrates how regional fuel pricing can influence the running costs of vehicles.

Diesel Price October 12: Check Rates in Major Cities

Diesel remains essential for India's transportation, agriculture, logistics, and commercial sectors.

Based on the supplied data, Thiruvananthapuram records the highest diesel price among the listed cities at ₹104.40 per litre.

Hyderabad follows at ₹103.82, while diesel is priced at ₹100.92 in Bhubaneswar.

Chandigarh reports the lowest diesel price in the table at ₹86.09 per litre.

The difference between Thiruvananthapuram and Chandigarh is ₹18.31 per litre.

Such variations can significantly affect businesses that operate diesel-powered vehicles, especially those covering long distances.

Why Have Petrol and Diesel Prices Remained Relatively Stable?

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

The central government and several state governments implemented tax reductions beginning in May 2022, which influenced retail fuel prices.

However, it is important to distinguish between periods of price stability and a complete freeze on rates.

Fuel prices can still change because of revisions by oil marketing companies, state tax adjustments, and local pricing conditions.

Although international crude oil prices influence fuel costs, changes in global markets are not necessarily reflected immediately or proportionately in retail petrol and diesel prices.

Oil marketing companies also consider broader pricing policies and market conditions when determining retail rates.

What Factors Determine Petrol and Diesel Prices in India?

Several components influence the final amount consumers pay at fuel stations.

1. International Crude Oil Prices

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

When global crude oil prices increase, the cost of acquiring and processing petroleum can rise.

However, the impact on retail prices depends on several other factors, including taxes, exchange rates, and oil marketing companies' pricing decisions.

2. Indian Rupee Against the US Dollar

India imports a substantial portion of its crude oil requirements.

Since international oil purchases are generally priced in US dollars, movements in the rupee-dollar exchange rate can affect import expenses.

A weaker rupee makes dollar-denominated crude oil more expensive in domestic currency terms, assuming the international price remains unchanged.

Conversely, a stronger rupee can help reduce import costs.

3. Central and State Government Taxes

Taxes account for a significant component of petrol and diesel retail prices.

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

Because tax structures vary across states, petrol and diesel prices are not identical throughout the country.

This is one of the major reasons motorists encounter different rates when travelling between states.

4. Refining and Distribution Expenses

Crude oil must undergo refining before it can be used as petrol or diesel.

Refining costs depend on factors such as the type of crude oil, processing requirements, energy expenses, and refinery operations.

Transportation and distribution costs also contribute to the final retail price.

5. Demand and Supply Conditions

Fuel consumption changes depending on economic activity, transportation requirements, agricultural operations, and seasonal demand.

Increased demand can influence market conditions, although higher consumption does not automatically result in an immediate retail price increase.

Global supply disruptions and changes in oil production can also affect crude oil prices.

How Do Fuel Prices Affect Household Budgets?

Petrol and diesel costs influence more than just the amount motorists spend at filling stations.

For households, petrol prices affect daily commuting expenses, particularly for people who travel long distances to work.

Diesel prices can influence transportation costs for goods, agricultural produce, and commercial deliveries.

If transportation expenses increase substantially, businesses may eventually pass some of these costs on to consumers.

This can affect the prices of vegetables, groceries, and other essential products.

For families trying to manage monthly spending, checking fuel rates and monitoring vehicle mileage can help with financial planning.

How to Check Petrol and Diesel Prices Through SMS

Consumers can obtain fuel price information using services offered by major oil marketing companies.

The supplied report lists the following SMS options:

These SMS formats and numbers are taken from the supplied article. Customers should confirm that the services remain active through their oil company's official website before relying on them.

Consumers can also use the official websites or mobile applications of Indian Oil, Bharat Petroleum, and Hindustan Petroleum to check applicable fuel prices.

Will Petrol and Diesel Prices Increase in the Coming Days?

Predicting short-term fuel price movements is difficult because several domestic and international factors are involved.

Global crude oil prices, geopolitical developments, currency fluctuations, and government tax decisions can influence future retail rates.

However, an increase or decrease in crude oil prices does not guarantee an equivalent adjustment at Indian fuel stations.

Motorists should therefore rely on official price announcements rather than unverified predictions about upcoming increases or reductions.

Petrol Diesel Price Today: Important Update for Vehicle Owners

The reported October 12, 2026 fuel rates show substantial differences across Indian cities.

Petrol is listed at ₹102.12 per litre in Delhi, ₹111.18 in Mumbai, ₹112.66 in Jaipur, and ₹115.69 in Hyderabad.

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

Conclusion: Petrol and diesel prices continue to be an important consideration for Indian households and businesses. With fuel rates generally updated at 6 AM, motorists should check their city's latest official retail prices before visiting a filling station.

The figures in this report are based on the supplied October 12 price bulletin. They do not independently establish whether prices increased, decreased, or remained unchanged compared with October 11.