Fuel Price Today remains a key point of attention for households, transport operators, businesses, and policymakers as Indians wake up to petrol and diesel prices for Friday, February 6, 2026. With fuel costs directly impacting daily expenses, inflation trends, and logistics, even marginal changes in rates are closely monitored across the country.
As of early morning, petrol and diesel prices across major Indian cities remain largely stable, continuing the recent trend of calibrated pricing by oil marketing companies (OMCs). While global crude oil prices and currency movements continue to influence the broader outlook, there has been no sharp overnight revision in retail fuel rates in most states.
This report provides a comprehensive overview of fuel prices today, explains why rates differ across cities, and outlines the key factors that determine daily petrol and diesel pricing in India.
Fuel Price Today: National Overview
Petrol and diesel prices in India are revised daily by public sector oil marketing companies, in line with international crude prices, exchange rate movements, and operational costs. These revisions typically come into effect in the early morning hours.
On February 6, 2026, fuel prices across India are tracking previous levels, reflecting a period of relative stability in the global oil market. Industry sources indicate that refiners are balancing international cues with domestic consumption patterns, avoiding abrupt price movements.
Petrol Price Today in Major Cities
Petrol prices vary across cities due to differences in state-level taxes and local levies.
Delhi
Delhi often serves as a reference point for fuel pricing. Petrol prices here generally remain among the lower end nationally due to comparatively moderate state taxes.
Mumbai
Mumbai continues to record some of the highest petrol prices in the country, largely because of higher state taxes and local surcharges. Changes in international crude prices tend to reflect faster in the Mumbai market.
Chennai
In Chennai, petrol prices are influenced by state taxation and regional demand. Rates today are broadly in line with recent trends.
Kolkata
Kolkata’s petrol prices remain slightly higher than the national average, reflecting state-specific tax structures.
Diesel Price Today Across India
Diesel prices are particularly significant for commercial transport, agriculture, and industrial activity.
- In Delhi, diesel prices remain relatively lower compared to most metros
- Mumbai continues to see higher diesel rates due to taxation
- Prices in southern and eastern cities reflect local VAT structures
As of today, diesel prices across major cities show no sharp upward or downward movement, offering short-term relief to logistics operators and fleet owners.
Why Fuel Prices Differ from State to State
One of the most common questions around Fuel Price Today is why petrol and diesel rates vary so widely across India.
Key reasons include:
- State VAT rates: Each state levies its own value-added tax on fuel
- Local taxes and cess: Municipal levies add to the final retail price
- Transportation costs: Distance from refineries and depots affects pricing
As a result, fuel prices can differ significantly even between neighbouring states.
Factors Influencing Petrol and Diesel Prices
1. Global Crude Oil Prices
India imports the majority of its crude oil requirements. Any movement in international crude benchmarks directly impacts domestic fuel pricing.
2. Rupee–Dollar Exchange Rate
A weaker rupee increases the cost of crude imports, often pushing fuel prices higher even if global oil prices remain stable.
3. Central Taxes
Excise duty levied by the central government forms a significant portion of petrol and diesel prices.
4. State Taxes
VAT imposed by states varies widely and is a major reason for price differences across regions.
5. Demand and Consumption Patterns
Seasonal demand, agricultural activity, and transport usage influence pricing decisions over time.
Fuel Prices and Inflation: The Wider Impact
Fuel prices have a direct and indirect impact on inflation in India.
- Higher diesel prices raise transportation and logistics costs
- Increased fuel expenses affect food prices and essential goods
- Businesses often pass on higher fuel costs to consumers
Stable fuel prices, therefore, play a crucial role in containing inflationary pressures and supporting economic activity.
How Often Are Fuel Prices Revised?
Petrol and diesel prices in India are revised daily, based on a transparent pricing mechanism linked to global crude prices and currency fluctuations. These revisions typically occur early in the morning and apply uniformly across retail outlets of public sector oil companies.
Private fuel retailers may follow a slightly different pricing strategy, depending on market conditions.
What Consumers Should Know Before Filling Fuel
For consumers tracking Fuel Price Today, a few practical points are worth noting:
- Prices may vary slightly between outlets within the same city
- Fuel rates are usually updated early in the morning
- Authorised fuel stations display daily prices prominently
Checking official sources or visiting trusted fuel stations helps avoid confusion.
Outlook: What to Expect in the Coming Days
While fuel prices remain stable today, upcoming movements will depend on several global and domestic triggers:
- International crude oil price trends
- Currency market volatility
- Global economic data and geopolitical developments
Any sharp movement in these factors could influence petrol and diesel prices in the days ahead.
Fuel Price Today: Long-Term Perspective
Over the long term, fuel prices in India reflect broader structural factors such as:
- Dependence on crude oil imports
- Taxation policies
- Energy transition initiatives
While short-term stability offers relief, long-term pricing trends will increasingly be shaped by alternative energy adoption and policy reforms.
Final Takeaway
As of February 6, 2026, Fuel Price Today across India shows no major change, with petrol and diesel prices remaining broadly steady in most cities. This stability provides temporary relief to consumers and businesses amid ongoing global uncertainties.
Indian consumers are advised to stay informed through official channels, as fuel prices are subject to daily revision and can change quickly in response to international developments.
This article will be updated if there are any official revisions to petrol or diesel prices during the day.
Disclaimer: The information presented in this article is intended for general informational purposes only. While every effort is made to ensure accuracy, completeness, and timeliness, data such as prices, market figures, government notifications, weather updates, holiday announcements, and public advisories are subject to change and may vary based on location and official revisions. Readers are strongly encouraged to verify details from relevant official sources before making financial, investment, career, travel, or personal decisions. This publication does not provide financial, investment, legal, or professional advice and shall not be held liable for any losses, damages, or actions taken in reliance on the information provided.
Financial Disclaimer: Markets and investment-related products are subject to risks and fluctuations. Readers should conduct their own research and consider consulting a qualified financial advisor before making any investment decisions.
Last Updated on: Friday, February 6, 2026 5:02 pm by Indian News Bulletin Team | Published by: Indian News Bulletin Team on Friday, February 6, 2026 5:02 pm | News Categories: Lifestyle, General
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