Petrol, diesel prices today (October 5): Check latest rates in Delhi, Mumbai, Chennai, Kolkata & more
The gap between international oil costs and retail selling prices is squeezing fuel retailers' margins, forcing them to absorb much of the increase in costs.
- Oct 5, 2026,
- Updated Oct 5, 2026 8:44 AM IST
Petrol and diesel prices across major Indian cities remained unchanged on October 5, even as global crude oil prices stayed above $100 per barrel amid tensions in West Asia. State-run oil marketing companies have kept retail fuel rates steady despite rising supply costs, while private retailer Nayara Energy has raised petrol prices by ₹5 per litre and diesel prices by ₹3 per litre at its outlets.
According to rating agency ICRA, oil marketing companies are facing daily losses of around ₹530 crore due to the gap between international fuel costs and domestic retail prices. Here is a look at the latest petrol and diesel rates in Delhi, Mumbai, Bengaluru and other major cities.
MUST READ: Nayara Energy hikes fuel prices: Petrol up Rs 5, diesel Rs 3 amid crude, retail fuel losses
Retail fuel prices in major metros
In Mumbai, petrol is available at ₹111.21 per litre, the same as the previous day’s rate. Diesel in the financial capital is priced at ₹97.83 per litre. In Delhi, petrol retails for ₹102.12 per litre, while diesel is being sold at ₹95.20 per litre, reflecting the national capital’s relatively lower fuel costs compared to other metro cities.
| City | Petrol Price (₹/L) | Diesel Price (₹/L) |
|---|---|---|
| Mumbai | 111.21 | 97.83 |
| Delhi | 102.12 | 95.20 |
| Kolkata | 113.51 | 99.82 |
| Chennai | 107.76 | 99.55 |
| Bengaluru | 111.68 | 99.56 |
| Hyderabad | 116.15 | 104.23 |
Rising crude oil prices are putting pressure on India's oil marketing companies as domestic petrol and diesel rates remain largely unchanged. The gap between international oil costs and retail selling prices is squeezing fuel retailers' margins, forcing them to absorb much of the increase in costs.
As of October 5, global crude oil prices remain elevated amid geopolitical tensions in West Asia. Continued volatility in international markets could increase India's oil import bill and add pressure on domestic fuel pricing in the coming weeks.
What this means for you
Despite Brent crude reaching above $101 per barrel, fuel prices have remained relatively stable over the past week. The rupee-dollar exchange rate is a key variable, given that India relies heavily on imported crude. When the rupee weakens against the dollar, the cost of procuring crude rises, which can feed directly into higher retail fuel prices.
For daily commuters, this means no major shock at the pump, though prices remain elevated compared to previous years. Consumers should monitor local rates, as city-specific taxes vary even within the same state, leading to differences in retail fuel prices.
SEE WHY: Oil exports via Hormuz rebound to 80% of pre-war levels but Iran is losing its lifeline. Here's how
Why fuel prices differ across cities?
Fuel prices vary from city to city primarily because of differences in local state taxes, transportation charges, and dealer commissions. While the base price of petrol or diesel coming out of oil refineries is uniform across the country, local variables dictate the final retail price at the pump.
Taxes levied by both the central and state governments make up a substantial portion of the final price, which is why petrol and diesel rates differ across states and cities. Transportation costs and prevailing demand-supply conditions also factor into the retail price consumers see at the pump.
Petrol and diesel prices across major Indian cities remained unchanged on October 5, even as global crude oil prices stayed above $100 per barrel amid tensions in West Asia. State-run oil marketing companies have kept retail fuel rates steady despite rising supply costs, while private retailer Nayara Energy has raised petrol prices by ₹5 per litre and diesel prices by ₹3 per litre at its outlets.
According to rating agency ICRA, oil marketing companies are facing daily losses of around ₹530 crore due to the gap between international fuel costs and domestic retail prices. Here is a look at the latest petrol and diesel rates in Delhi, Mumbai, Bengaluru and other major cities.
MUST READ: Nayara Energy hikes fuel prices: Petrol up Rs 5, diesel Rs 3 amid crude, retail fuel losses
Retail fuel prices in major metros
In Mumbai, petrol is available at ₹111.21 per litre, the same as the previous day’s rate. Diesel in the financial capital is priced at ₹97.83 per litre. In Delhi, petrol retails for ₹102.12 per litre, while diesel is being sold at ₹95.20 per litre, reflecting the national capital’s relatively lower fuel costs compared to other metro cities.
| City | Petrol Price (₹/L) | Diesel Price (₹/L) |
|---|---|---|
| Mumbai | 111.21 | 97.83 |
| Delhi | 102.12 | 95.20 |
| Kolkata | 113.51 | 99.82 |
| Chennai | 107.76 | 99.55 |
| Bengaluru | 111.68 | 99.56 |
| Hyderabad | 116.15 | 104.23 |
Rising crude oil prices are putting pressure on India's oil marketing companies as domestic petrol and diesel rates remain largely unchanged. The gap between international oil costs and retail selling prices is squeezing fuel retailers' margins, forcing them to absorb much of the increase in costs.
As of October 5, global crude oil prices remain elevated amid geopolitical tensions in West Asia. Continued volatility in international markets could increase India's oil import bill and add pressure on domestic fuel pricing in the coming weeks.
What this means for you
Despite Brent crude reaching above $101 per barrel, fuel prices have remained relatively stable over the past week. The rupee-dollar exchange rate is a key variable, given that India relies heavily on imported crude. When the rupee weakens against the dollar, the cost of procuring crude rises, which can feed directly into higher retail fuel prices.
For daily commuters, this means no major shock at the pump, though prices remain elevated compared to previous years. Consumers should monitor local rates, as city-specific taxes vary even within the same state, leading to differences in retail fuel prices.
SEE WHY: Oil exports via Hormuz rebound to 80% of pre-war levels but Iran is losing its lifeline. Here's how
Why fuel prices differ across cities?
Fuel prices vary from city to city primarily because of differences in local state taxes, transportation charges, and dealer commissions. While the base price of petrol or diesel coming out of oil refineries is uniform across the country, local variables dictate the final retail price at the pump.
Taxes levied by both the central and state governments make up a substantial portion of the final price, which is why petrol and diesel rates differ across states and cities. Transportation costs and prevailing demand-supply conditions also factor into the retail price consumers see at the pump.