Daily Petrol and Diesel Prices in India on January 17, 2026: Petrol and diesel prices in India continue to draw the attention of consumers, businesses, and policymakers alike because fuel costs directly influence household budgets, transportation expenses, and overall inflation. On January 17, 2026, oil marketing companies carried out their routine daily price revision, ensuring that fuel rates reflect the latest market conditions. These updates are part of a transparent pricing mechanism designed to keep consumers informed about current petrol and diesel rates across different cities.
India follows a dynamic fuel pricing system under which petrol and diesel prices are revised every day at 6 AM. Oil marketing companies adjust retail fuel prices by considering multiple factors such as global crude oil prices and foreign exchange movements. This system allows prices to respond quickly to international market changes instead of remaining fixed for long periods.
Daily revision helps reduce the gap between international crude trends and domestic fuel prices. It also gives consumers access to accurate and timely information, allowing them to plan their expenses better, especially those who depend heavily on fuel for work or business.
Fuel prices vary from city to city due to differences in state-level taxes and local levies. Below is a snapshot of petrol and diesel rates in major Indian cities on January 17, 2026.
In New Delhi, petrol is priced at 94.72 rupees per litre, while diesel costs 87.62 rupees per litre. Mumbai continues to record higher prices, with petrol at 104.21 rupees per litre and diesel at 92.15 rupees per litre. Kolkata shows petrol at 103.94 rupees per litre and diesel at 90.76 rupees per litre. Chennai’s petrol price stands at 100.75 rupees per litre, and diesel is available at 92.34 rupees per litre.
Other cities also reflect noticeable variations. Bengaluru records petrol at 102.92 rupees per litre and diesel at 89.02 rupees per litre. Hyderabad remains among the costlier cities, with petrol at 107.46 rupees per litre and diesel at 95.70 rupees per litre. Jaipur reports petrol at 104.72 rupees per litre and diesel at 90.21 rupees per litre, while Lucknow shows comparatively lower prices at 94.69 rupees for petrol and 87.80 rupees for diesel.
Cities like Pune, Chandigarh, Indore, Patna, Surat, and Nashik also show different rates based on local taxation policies, transport costs, and dealer commissions.
One notable trend in India’s fuel market is the relative stability of petrol and diesel prices since mid-2022. This stability is largely due to tax reductions announced by the central government and supported by several state governments. By cutting excise duties and value-added taxes, authorities aimed to cushion consumers from sharp increases caused by global market volatility.
Despite daily revisions, prices have remained unchanged for extended periods, reflecting a balance between market-linked pricing and regulatory intervention. This approach helps manage inflationary pressures while maintaining a degree of price predictability for consumers.
Several interconnected elements determine the final retail price of petrol and diesel in India.
Global crude oil prices play a central role because crude oil is the primary raw material used to produce fuel. Any rise or fall in international crude benchmarks directly impacts domestic fuel costs.
The exchange rate is another critical factor. India imports a large portion of its crude oil requirements, so fluctuations in the value of the Indian rupee against the US dollar significantly affect import costs. A weaker rupee generally leads to higher fuel prices.
Taxes imposed by central and state governments make up a substantial portion of the retail price. Since each state applies different tax rates, fuel prices vary widely across cities.
Refining costs also contribute to the final price. These costs depend on the quality of crude oil and the efficiency of refineries. Changes in operational expenses can influence fuel rates over time.
Demand and supply dynamics further affect pricing. Increased demand during peak travel seasons or economic recovery phases can push prices upward if supply does not adjust quickly.
Staying updated with the latest petrol and diesel prices is simple and convenient. Consumers can use SMS services provided by oil marketing companies to receive city-specific fuel rates directly on their mobile phones.
Customers of Indian Oil can send their city code followed by RSP to 9224992249. Those using BPCL services can send RSP to 9223112222. HPCL customers can check prices by sending HP Price to 9222201122. These services ensure quick access to accurate fuel price information without the need for internet access.
The daily fuel price revision system reflects India’s move toward greater transparency and market responsiveness. While prices are influenced by global and domestic factors beyond individual control, easy access to updated information empowers consumers to make informed decisions. Monitoring petrol and diesel prices regularly has become an essential habit for households and businesses alike in today’s fuel-dependent economy.
