Petrol, Diesel Prices Today, September 1, 2026: Check Fuel Rates In Delhi, Mumbai, Hyderabad, Bengaluru, Kolkata

New Delhi, September 1: Petrol and diesel prices remained largely unchanged across major Indian cities on Tuesday, with fuel rates continuing to vary from state to state due to differences in taxes and local levies. Petrol was priced at Rs 102.12 per litre in Delhi and Rs 111.21 per litre in Mumbai, while diesel rates stood at Rs 95.20 and Rs 97.83 per litre, respectively. Hyderabad recorded the highest rates among the cities tracked, with petrol at Rs 117.15 per litre and diesel at Rs 104.85 per litre. 

Oil prices extended gains on Tuesday as renewed fighting between the United States and Iran revived concerns over potential disruptions to crude supplies from the Middle East, particularly through the strategically important Strait of Hormuz. 

Brent crude futures rose 0.7% to $91.13 a barrel, while U.S. West Texas Intermediate crude gained 1% to $86.62. The gains followed a sharp rise in the previous session, when Brent settled 2.7% higher and WTI climbed 2.8%, with both benchmarks touching their highest levels in several days. 

The latest escalation has brought the risk of further supply disruptions back into focus. U.S. President Donald Trump threatened additional strikes against Iran after the two countries exchanged direct attacks over the weekend, raising concerns that the conflict could spill over into energy infrastructure and shipping routes. 

Traffic through the Strait of Hormuz has already fallen sharply, with Kpler data showing visible commodity vessel transits dropping to just five a day over the weekend. Efforts by Qatar and Oman to broker an agreement to reopen the waterway have so far failed to make progress. The strait carried around a fifth of global oil supplies before the conflict erupted in late February. 

Shipping risks were underscored further on Tuesday after the United Kingdom Maritime Trade Operations agency said a tanker reported being hit by three projectiles while sailing out of the Strait of Hormuz. No casualties or environmental damage were reported. 

The United States has sought to bolster energy security as the conflict continues. President Trump announced a deal with Venezuela aimed at controlling oil reserves in the country and said the arrangement would help replenish the U.S. Strategic Petroleum Reserve. 

The SPR fell by another 3.1 million barrels last week to 286.6 million barrels, leaving inventories close to a 44-year low. U.S. companies including Chevron and GE Vernova, India’s ONGC, Italy’s Eni and Colombia’s GeoPark are also progressing towards final agreements on energy projects in Venezuela, according to sources cited by Reuters. 

The supply risks are expected to keep crude prices elevated. A Reuters poll of analysts in August showed expectations for oil prices to remain above $80 a barrel through 2026, as disruptions to shipping continue. 

For India, higher crude prices remain a key macroeconomic risk given the country’s dependence on imported oil. A sustained rise in Brent could increase the import bill, put pressure on the rupee and add to inflationary pressures, while also raising costs for fuel-intensive sectors such as aviation, paints and chemicals. 

The latest jump in crude could therefore weigh on Indian equities even as energy producers stand to benefit from higher oil prices. 

Petrol Prices 

Petrol prices remained largely unchanged across major Indian cities, with rates continuing to vary significantly depending on state-level taxes and local levies. In New Delhi, petrol was priced at Rs 102.12 per litre, while the same rate prevailed in Noida. Gurgaon recorded a slightly higher price of Rs 103.28 per litre. 

Among major metros, Mumbai had the highest petrol price at Rs 111.21 per litre, followed by Kolkata at Rs 108.96 and Chennai at Rs 108.60. Bangalore’s petrol price stood at Rs 110.93 per litre, while Pune recorded Rs 112.58 per litre. 

Petrol was considerably more expensive in some southern and western markets. Hyderabad topped the list at Rs 117.15 per litre, followed by Jaipur at Rs 113.51. Ahmedabad had one of the lowest rates among the cities tracked, at Rs 101.44 per litre, while Lucknow’s petrol price stood at Rs 102.31. 

The wide variation in petrol prices across cities is primarily driven by differences in state taxes and other local charges, even though the underlying fuel cost is broadly similar. Consumers in cities with higher state levies therefore continue to pay significantly more at the pump. 

Diesel Prices 

Diesel prices remained largely unchanged across major Indian cities, with rates continuing to differ depending on state taxes and local levies. In New Delhi, diesel was priced at Rs 95.20 per litre, while Noida and Gurgaon recorded slightly higher rates of Rs 95.56 and Rs 95.94, respectively. Lucknow had the lowest price among these three cities at Rs 95.77 per litre. 

Among major metros, Hyderabad had the highest diesel price at Rs 104.85 per litre, followed by Kolkata at Rs 100.65 and Chennai at Rs 100.43. Pune’s diesel price stood at Rs 99.18 per litre, while Bangalore recorded Rs 98.80 per litre. 

In other cities, Jaipur had diesel priced at Rs 98.54 per litre, while Mumbai stood at Rs 97.83. Ahmedabad recorded a rate of Rs 97.55 per litre, making it one of the cheaper markets in the list. 

The variation in diesel prices across cities is largely due to differences in state-level taxes and local charges. While the underlying fuel costs are broadly similar, these tax differences result in a sizeable gap between the prices paid by consumers across states. 

Source

• CarDekho