Petrol, Diesel Prices Today, July 17, 2026: Chennai, Hyderabad See Sharp Hikes, Patna Gets Biggest Cut

Mumbai, July 17: Petrol and diesel prices remained largely unchanged across India’s major metro cities on Friday, with New Delhi, Mumbai and Kolkata seeing little to no movement. However, fuel rates witnessed notable revisions in several state capitals, led by sharp increases in Chennai and Hyderabad, while Patna, Lucknow and Noida recorded price cuts. Hyderabad continued to have the highest petrol and diesel prices among the major cities tracked, while Delhi’s fuel rates remained unchanged at ₹102.12 per litre for petrol and ₹95.20 per litre for diesel. 

Crude oil prices climbed on Friday and were set for their strongest weekly gains in months as escalating military hostilities between the United States and Iran heightened concerns over disruptions to global energy supplies. Fears that the conflict could spread beyond the Strait of Hormuz to the Red Sea added a fresh geopolitical risk premium to the market.  

Brent crude futures rose 0.9% to almost $85 a barrel, while U.S. West Texas Intermediate (WTI) crude gained 1% to $79.8 a barrel during Asian trading hours. The gains put both benchmarks on track for weekly advances of nearly 12%.  

The latest rally follows a sharp escalation in the conflict after the United States intensified strikes across the Gulf, while Iran retaliated with missile and drone attacks targeting U.S. military facilities and allies in the region. The renewed hostilities have disrupted oil flows through the Strait of Hormuz, one of the world’s most critical energy chokepoints through which roughly a fifth of global oil supplies normally pass.  

Investor concerns deepened after reports that Tehran had asked Yemen’s Houthi movement to prepare to shut the Bab el-Mandeb Strait—the gateway to the Red Sea—if U.S. attacks on Iranian infrastructure continue. A disruption at both Hormuz and Bab el-Mandeb would significantly affect global crude shipments, tighten tanker availability and drive up freight and insurance costs, analysts said.  

The prospect of simultaneous disruptions to two of the world’s most important oil transit routes has prompted traders to build a larger geopolitical premium into crude prices. The International Energy Agency has also warned that a prolonged escalation could have significant implications for global energy markets.  

Petrol Prices 

Petrol prices were largely steady across major Indian cities on Friday, although select state capitals witnessed marginal revisions. New Delhi’s petrol price remained unchanged at ₹102.12 per litre, while Mumbai saw a slight decline of 3 paise to ₹111.18 per litre. Kolkata recorded a marginal increase of 2 paise to ₹113.50 per litre. 

Among the southern metros, Chennai posted one of the sharpest increases, with petrol prices rising by ₹1.18 to ₹108.96 per litre. Hyderabad also witnessed a significant hike of ₹1.38, taking the fuel price to ₹117.07 per litre, making it the costliest among the major metros tracked. 

Prices were mixed across other state capitals. Bengaluru saw a 31-paise increase to ₹111.68 per litre, while Jaipur’s petrol price rose by 29 paise to ₹113.61. Chandigarh registered a modest increase of 3 paise to ₹101.54 per litre, whereas Bhubaneswar and Thiruvananthapuram saw no change, with prices holding steady at ₹108.97 and ₹115.49 per litre, respectively. 

On the other hand, Lucknow, Patna and Noida recorded declines in petrol prices. Patna saw the steepest cut of 99 paise to ₹113.37 per litre, followed by Lucknow, where prices fell by 74 paise to ₹101.89. Noida’s petrol price eased by 7 paise to ₹101.89 per litre, while Gurgaon remained unchanged at ₹102.97 per litre. 

Diesel Prices 

Diesel prices were largely unchanged across India’s major cities on Friday, although a few state capitals witnessed modest revisions. Prices remained steady in New Delhi at ₹95.20 per litre, Mumbai at ₹97.83 and Kolkata at ₹99.82 per litre, reflecting continued stability in fuel rates across key metropolitan centres. 

Among southern cities, Chennai recorded a sharp increase of ₹1.18, taking diesel prices to ₹100.74 per litre. Hyderabad also saw a significant hike of ₹1.40, pushing the price to ₹105.22 per litre, the highest among the major cities covered. Bengaluru witnessed a smaller increase of 30 paise to ₹99.56 per litre. 

Elsewhere, Jaipur’s diesel price rose by 29 paise to ₹98.63 per litre, while Bhubaneswar, Chandigarh, Gurgaon and Thiruvananthapuram reported no change. Diesel continued to retail at ₹100.68 per litre in Bhubaneswar, ₹89.47 in Chandigarh, ₹95.64 in Gurgaon and ₹104.40 in Thiruvananthapuram. 

On the downside, diesel prices eased in parts of north India. Patna registered the steepest decline, with prices falling by 95 paise to ₹99.36 per litre, while Lucknow saw a 71-paise reduction to ₹95.36. Noida also recorded a marginal 7-paise cut, bringing the diesel price to ₹95.37 per litre. 

Source

•  goodreturns.in