Fuel Prices Hold Steady Across Delhi, Mumbai, and Major Cities on October 2

• by Akanksha Mishra
• 2026-10-02 15:10:00

State-run oil marketing companies (OMCs)—including Indian Oil Corporation (IOCL), Bharat Petroleum Corporation Limited (BPCL), and Hindustan Petroleum Corporation Limited (HPCL)—have issued the latest retail selling rates for automobile fuels on the morning of Friday, October 2, 2026, keeping pump prices largely steady across major metropolitan hubs and tier-two cities. Motorists and long-distance highway travelers stepping out during the festive holiday weekend can plan their refueling budgets without facing immediate price shocks at the dispenser. Even as international crude oil benchmarks experience recurring price fluctuations in overseas markets, domestic retail fuel tariffs across India have continued to display remarkable resilience, maintaining stability without any abrupt across-the-board revisions since May 2026.

Metro Breakdown: Fuel Costs Across Delhi, Mumbai, Kolkata, and Chennai

Retail pump rates vary between states due to differential local Value Added Tax (VAT), freight distribution costs, and municipal levies:

National Capital Region (Delhi): In New Delhi, petrol is retailing at ₹102.12 to ₹102.15 per liter, while diesel holds steady at ₹95.20 per liter, offering among the most competitive fuel prices among the four prime metros.

Financial Capital (Mumbai): Motorists in Mumbai continue to navigate higher localized state levies, with petrol trading in the range of ₹103.50 to ₹111.31 per liter across regional urban boundaries, while diesel retails around ₹97.83 to ₹97.97 per liter.

Eastern Hub (Kolkata): In Kolkata, petrol prices are hovering between ₹113.46 and ₹113.51 per liter, whereas diesel is being dispensed at ₹99.82 per liter.

Southern Corridor (Chennai): In Chennai, petrol sells at approximately ₹107.73 to ₹107.78 per liter, with diesel standing firm at ₹99.55 to ₹99.66 per liter.

City-Wise Comparison: Petrol and Diesel Rates on October 2, 2026

The table below outlines prevailing pump rates across prominent industrial hubs and state capitals across India:

Resilient Domestic Market: Why Indian Fuel Prices Remain Stable Despite Expensive Global Crude

The stability of retail fuel rates highlights the strategic buffer mechanism deployed by Indian public sector refiners:

Absorption of Global Spikes: Despite volatility and upward surges in global Brent crude benchmarks driven by Middle Eastern geopolitical tensions, domestic oil retailers have absorbed price swings to protect retail consumers from runaway transportation inflation.

Extended Price Freeze Since May 2026: Indian fuel prices have maintained an extended period of relative calm following significant policy interventions and excise duty calibrations earlier in May 2026, shielding household logistics and fleet operators alike.

Daily 6:00 AM Tariff Declaration: State refiners continue to evaluate dynamic pricing factors—including international product crack spreads and rupee-dollar exchange rates—announcing updated daily tariffs across all automated retail outlets sharp at 6:00 AM every morning.

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