Petrol, Diesel Prices Today, July 16, 2026: Check Latest Fuel Rates in Your City as Lucknow and Patna See Notable Increase

Mumbai, July 16: Retail fuel prices remained largely steady across metros and state capitals on Thursday. While New Delhi, Mumbai and several other cities saw no change, Bengaluru saw a decline in both petrol and diesel prices, whereas Lucknow and Patna recorded increases. 

Oil prices rose for a fourth straight session on Thursday after fresh US strikes on Iranian military targets heightened fears of a wider conflict in the Middle East. Investors remained focused on geopolitical developments as tensions around the Strait of Hormuz, a key oil transit route, continued to escalate. 

As trade progressed, oil futures edged down. Brent crude futures dipped 0.2% to $84.8 a barrel, while US West Texas Intermediate (WTI) crude dipped 0.06% to $79.5 a barrel. 

Despite the rally, analysts noted that the pace of gains has been measured as there has been no significant disruption to physical oil flows so far. However, the risk premium in crude prices has increased sharply. 

Here’s a look at the latest fuel prices. 

Petrol Prices 

Petrol prices remained largely stable across major Indian metro cities and state capitals on Thursday, with only a handful of locations witnessing marginal revisions. State-run oil marketing companies continued to hold retail fuel prices steady in most parts of the country despite persistent volatility in global crude oil markets. 

Bangalore slashed prices most by 31 paise while Chandigarh edged down by 3 paise. Source: goodreturns.in

Among the four metros, petrol prices were unchanged in New Delhi at Rs 102.12 per litre and in Mumbai at Rs 111.21 per litre. Chennai saw a marginal increase of 2 paise to Rs 107.78 per litre, while Kolkata recorded a slight decline of 3 paise, taking the price to Rs 113.48 per litre. 

Among other major cities, Bangalore witnessed the sharpest decline, with petrol prices falling 31 paise to Rs 111.37 per litre. Chandigarh also saw a marginal reduction of 3 paise to Rs 101.51 per litre, while prices remained unchanged in Gurgaon at Rs 102.97, Noida at Rs 101.96, Bhubaneswar at Rs 108.97, Hyderabad at Rs 115.69 and Thiruvananthapuram at Rs 115.49 per litre. 

On the upside, Jaipur recorded an increase of 13 paise to Rs 113.32 per litre. Lucknow saw petrol prices rise by 77 paise to Rs 102.63 per litre, while Patna registered the biggest increase among the listed cities, with prices climbing 99 paise to Rs 114.36 per litre. Fuel prices continue to vary across states due to differences in value-added tax (VAT), freight charges and local levies. 

Diesel Prices 

Gurgaon didn’t see any change in prices while Jaipur rose by 9 paise. Source: goodreturns.in

Diesel prices remained largely unchanged across major metro cities and state capitals on Thursday, with only a few locations witnessing marginal revisions. State-owned oil marketing companies continued to maintain stable retail fuel prices in most parts of the country despite the recent surge in international crude oil prices. 

Diesel prices stayed steady in New Delhi at Rs 95.20 per litre, Mumbai at Rs 97.83 per litre and Kolkata at Rs 99.82 per litre. Chennai recorded a marginal increase of 1 paisa, taking the retail price to Rs 99.56 per litre. 

Among other key cities, Bangalore saw the steepest decline, with diesel prices falling 30 paise to Rs 99.26 per litre. Prices remained unchanged in Gurgaon at Rs 95.64 per litre, Noida at Rs 95.44, Bhubaneswar at Rs 100.68, Chandigarh at Rs 89.47, Hyderabad at Rs 103.82 and Thiruvananthapuram at Rs 104.40 per litre. 

On the upside, Jaipur recorded a 9-paise increase to Rs 98.34 per litre. Lucknow saw diesel prices rise by 71 paise to Rs 96.07 per litre, while Patna registered the sharpest increase among the listed cities, with prices climbing 95 paise to Rs 100.31 per litre.  

Source

• goodreturns.in