Archive · 29 Sep 2026
Petrol, Diesel Prices Stay Steady as Crude Costs Rise
Fuel prices in several Indian cities stayed mostly unchanged on September 28 and 29.
Delhi had lower prices than the other listed metro cities.
Hyderabad had the highest petrol and diesel prices in the table.
Mumbai’s petrol price stayed at ₹111.21 per litre.
The government said it had no current plan to raise petrol or diesel prices.
However, crude oil bought from other countries became more expensive.
This can reduce the money that oil companies make when pump prices do not change.
The rupee’s value against the dollar can also affect the cost of imported oil.
Taxes, transport costs, dealer commissions, and local demand help explain why prices differ between cities.
On September 28-29, petrol and diesel prices remained unchanged in most listed Indian metros.
Delhi recorded petrol at ₹102.12 per litre and diesel at ₹95.20, while Mumbai rates were ₹111.21 and ₹97.83.
Hyderabad had the highest listed prices: ₹116.15 per litre for petrol and ₹104.23 for diesel.
The government has no current proposal to increase petrol or diesel prices despite elevated global crude prices.
Brent crude was reported at $106.70-$106.80 per barrel, while WTI was $93.60-$93.86, increasing pressure on refiners’ margins.
- Who
- Indian consumers, the government, state refiners, and oil marketing companies are affected.
- What
- Petrol and diesel prices remained broadly stable while international crude prices stayed high.
- When
- September 28 and September 29, at the times reported in the articles.
- Where
- Major Indian cities including Delhi, Mumbai, Kolkata, Chennai, Bengaluru, and Hyderabad.
- Why
- The government has no current proposal for a fuel-price increase, while imported crude costs, exchange rates, taxes, transport charges, and dealer commissions affect pricing.
Stable Prices and No Hike
Rising Costs and Margin Pressure
Government pricing approach
Stable Prices and No Hike
The government has no proposal at present to raise petrol or diesel prices, helping consumers avoid an immediate increase at the pump.
Rising Costs and Margin Pressure
If global crude prices remain high, pressure may grow for the government to support oil marketing companies or address their losses.
Effect on refiners
Stable Prices and No Hike
Keeping retail prices unchanged provides consumers with relatively stable fuel costs despite volatile international markets.
Rising Costs and Margin Pressure
Import costs have risen while domestic prices remain stagnant, eroding retail margins and leaving state refiners to absorb the impact.
- Delhi rates
- Petrol ₹102.12 per litre; diesel ₹95.20 per litre.
- Mumbai rates
- Petrol ₹111.21 per litre; diesel ₹97.83 per litre.
- Kolkata rates
- Petrol ₹113.51 per litre; diesel ₹99.82 per litre.
- Chennai rates
- Petrol ₹107.76 on September 28 and ₹107.77 on September 29; diesel ₹99.55 per litre.
- Bengaluru rates
- Petrol ₹111.68 per litre; diesel ₹99.56 per litre.
- Hyderabad rates
- Petrol ₹116.15 per litre; diesel ₹104.23 per litre.
- Reported crude prices
- Brent ranged from $106.70 to $106.80 per barrel; WTI ranged from $93.60 to $93.86 per barrel.
