Petrol and diesel prices across India were updated early Monday morning, January 19, 2026, as oil marketing companies (OMCs) released the latest fuel rates at 6:00 AM. These daily revisions play a crucial role in household budgets and transportation costs, making it essential for commuters and travelers to stay informed before heading out.

Fuel prices in India are influenced by a combination of global crude oil trends, the rupee’s performance against the US dollar, and central and state taxes. While prices remained largely stable in many cities today, noticeable differences continue to exist across states due to varying tax structures.

Why Petrol and Diesel Prices Matter Daily

Every day does not just begin with sunrise—it also starts with updated fuel prices that directly affect millions of Indians. Whether it’s an office-goer filling up a two-wheeler or a trader transporting fruits and vegetables, petrol and diesel prices have a direct impact on daily expenses and inflation.

To ensure transparency, oil marketing companies revise fuel prices daily based on international crude oil rates and foreign exchange movements. This system helps consumers receive accurate and up-to-date pricing without confusion.

Petrol and Diesel Prices in Major Cities (January 19, 2026)

Here are the latest petrol and diesel rates across key Indian cities today:

• New Delhi: Petrol ₹94.72 | Diesel ₹87.62

• Mumbai: Petrol ₹104.21 | Diesel ₹92.15

• Kolkata: Petrol ₹103.94 | Diesel ₹90.76

• Chennai: Petrol ₹100.75 | Diesel ₹92.34

• Ahmedabad: Petrol ₹94.49 | Diesel ₹90.17

• Bengaluru: Petrol ₹102.92 | Diesel ₹89.02

• Hyderabad: Petrol ₹107.46 | Diesel ₹95.70

• Jaipur: Petrol ₹104.72 | Diesel ₹90.21

• Lucknow: Petrol ₹94.69 | Diesel ₹87.80

• Pune: Petrol ₹104.04 | Diesel ₹90.57

• Chandigarh: Petrol ₹94.30 | Diesel ₹82.45

• Indore: Petrol ₹106.48 | Diesel ₹91.88

• Patna: Petrol ₹105.58 | Diesel ₹93.80

• Surat: Petrol ₹95.00 | Diesel ₹89.00

• Nashik: Petrol ₹95.50 | Diesel ₹89.50

Note: Fuel prices may vary slightly depending on local levies and dealer margins.

Why Fuel Prices Have Remained Stable for Nearly Two Years

Petrol and diesel prices in India have shown remarkable stability over the past two years. This is largely due to tax cuts implemented by the central and several state governments in May 2022. Despite fluctuations in global crude oil markets, domestic fuel prices have remained relatively unchanged, offering relief to consumers.

However, stability does not mean immunity. Global developments continue to influence future pricing trends.

Key Factors That Determine Petrol and Diesel Prices

1. International Crude Oil Prices

Petrol and diesel are refined from crude oil. Any rise in global crude prices directly increases fuel production costs, which eventually impacts retail prices in India.

2. Rupee vs Dollar Exchange Rate

India imports the majority of its crude oil, which is purchased in US dollars. If the rupee weakens against the dollar, fuel becomes more expensive even if crude prices remain unchanged.

3. Government Taxes and Duties

A significant portion of fuel prices consists of central excise duty and state VAT. This is the primary reason petrol and diesel prices vary widely from one state to another.

4. Refining and Distribution Costs

Refining crude oil into usable fuel involves costs that depend on crude quality, refinery efficiency, and transportation expenses.

5. Demand and Supply Dynamics

When fuel demand rises—especially during festive seasons, peak summer travel, or winter months—prices tend to increase. Supply disruptions can also push rates higher.

How to Check Petrol and Diesel Prices via SMS

Consumers can easily check fuel prices in their city using SMS services provided by oil companies:

• Indian Oil (IOC): Type your city code followed by “RSP” and send it to 9224992249

• BPCL: Send “RSP” to 9223112222

• HPCL: Send “HP Price” to 9222201122

These services provide instant updates and help consumers stay informed without relying on external sources.

Outlook

With global crude oil prices and geopolitical factors remaining volatile, fuel prices may witness changes in the future. However, for now, Indian consumers continue to benefit from relative stability at the pump. Staying updated with daily fuel prices can help individuals and businesses plan travel and logistics more efficiently.

Disclaimer: Petrol and diesel prices are subject to daily revisions. Consumers are advised to check official sources for real-time updates before making travel or purchasing decisions.