Petrol-Diesel Fresh Prices Announced: City-by-City Rates as of January 1, 2026
On the first day of 2026, the major three petroleum companies of India, IOCL, HPCL, and BPCL, have started the first fuel price revision of the new year. This happens as part of the daily dynamic fuel pricing process, where fuel prices change every day at around 6:00 am. The new fuel prices vary based on the crude prices, exchange rates of the rupee against the US dollar, as well as the VAT.
Why Fuel Prices Matter
Petrol and diesel are basic requirements for a massive part of society — individuals who own personal vehicles and use them on a daily basis, and transportation companies. Changes in fuel prices cause a domino effect on transportation costs, prices of goods, and inflation. On January 1, people begin their year as they monitor announcements regarding this, all due to global economic instability.
Petrol and Diesel Rates Across India On January 1, 2026
Here’s where petrol and diesel cost in major Indian cities as of 1 January 2026:
City| Petrol (₹/L) | Diesel
Delhi | ₹94.77 | ₹87.67
Mumbai | 103.54 | 90.03
Kolkata | 105.41 | 92.02
Chennai | 101.23 | 92.39
Bengaluru | 102.92 | 90.99
Hyderabad | 107.46 | 95.70
Jaipur | 104.72 | 90.
Lucknow |94.69|87.80
Pune | 104.04 | 90.57
Chandigarh | 94.30 | 82
Indore | 106.48 | 91.
Patna |₹105.58|₹93
Surat | ₹95.00 | ₹89.
Nashik | 95.50 | 89.
These statistics give an idea of how much variation there is from city to city. For example, https://buzzook.com/wp-admin/post.php?post=6690&action=edit petrol prices ranged from a maximum of around ₹107.46 per liter in Hyderabad to a relatively low price in Chandigarh, which was ₹94.30 per litre or higher among other cities. In respect to diesel, a relatively low price compared to some large metros was found to be in Chandigarh.
Trend Compared to Previous Days
t the beginning of the year, there was not much movement in fuel prices.https://www.msn.com/en-in/news/india/petrol-diesel-fresh-prices-announced-check-rates-in-your-city-on-january-1/ar-AA1TnA1M?ocid=winp2fptaskbarhover&cvid=57ee1543c7854959a3f8d67eb40690d4&ei=26 Instead, in many cities, the level of fuel prices had been similar to what it was at the end of December 2025, and it seems that the global oil market and changes in currency did not provoke radical changes at the beginning of the year. Regional differences are still in existence, especially where higher state taxes are applied.
Where to Get Current Prices in Your City
If you want the latest, most accurate fuel price for petrol and diesel in your city, services provided by Indian Oil Marketing Companies via the SMS service can help you:
Rupee-Dollar Exchange Rate: Crude oil is traded in dollars. A stronger rupee lowers the local cost of imported crude, while a weaker rupee increases fuel prices.
Taxes & Levies: State VAT and local taxes are major price components and differ from state to state, causing city-wise variations.
Distribution & Dealer Margins: Logistics costs and dealer margins also affect the final retail price at the pump.
Indian Oil (IOCL): Send RSP <dealer code> to 9224992249
BPCL: Send RSP <dealer code> to 9223112222
HPCL: Send HPPRICE <dealer code> to 9222201122
his allows you to obtain the prevailing fuel prices before you head out to a gasoline station.
Circumstances Affecting Daily Fuel Price Rates
At the pump in India, the following are the forces that pull the prices:
The refining margins are fairly low in India, meaning the difference in
World crude oil market benchmarks:
International markets establish the benchmark price of crude. As international prices go up, fuel price is likely to go up; as crude prices decline, fuel prices might remain steady.
Rupee vs. Dollar Trends:
Oil is priced in dollars. A stronger rupee means that the price of foreign crude will reduce; on the other hand, a weakening rupee increases the price of crude.
