Petrol, Diesel Prices Today, November 12, 2026: Check Latest Rates in Delhi, Mumbai, Chennai, Kolkata, Bengaluru and Other Cities

Mumbai, November 12: Petrol and diesel prices today, November 12, remained unchanged across major Indian cities, including Delhi, Mumbai, Kolkata, Chennai and Bengaluru. Petrol is retailing at Rs 102.12 per litre in Delhi, while diesel costs Rs 95.20 per litre. Hyderabad has among the highest fuel rates, with petrol at Rs 116.15 and diesel at Rs 104.23 per litre.

Crude oil prices declined more than 1% on Thursday, November 12, as hopes of progress in diplomatic efforts to end the Iran and Russia-Ukraine wars eased concerns over potential disruptions to global energy supplies. Brent crude futures fell 1.2% to $91.7 per barrel, while US West Texas Intermediate (WTI) crude futures dropped 1.1% to $85.6. The decline reversed some of the gains recorded in the previous session, when Brent and WTI had advanced 1.4% and 0.6%, respectively.

Market sentiment was influenced by expectations that diplomatic efforts could pave the way for a ceasefire in the Russia-Ukraine conflict and prevent further escalation in the Middle East. Russian and Ukrainian negotiators agreed to a major prisoner exchange following two days of US-mediated discussions in Abu Dhabi, although significant differences over territorial issues remain unresolved.

Investors are also monitoring developments surrounding the Iran conflict. Iranian security chief Mohsen Rezaei warned that Tehran would not allow any enriched nuclear material to leave the country and threatened consequences in the event of further US strikes. Washington, meanwhile, has maintained that nuclear issues must form part of any initial negotiations aimed at ending the conflict.

Supply-side developments also weighed on crude prices. OPEC+ oil production rose sharply in October, led by increased output from Saudi Arabia, despite continued disruptions to shipments through the Strait of Hormuz.

Meanwhile, US crude inventories increased by 9 million barrels in the latest week, according to data from the American Petroleum Institute (API). Investors are awaiting official figures from the US Energy Information Administration (EIA), which were delayed by a day due to a US public holiday.

However, persistent uncertainty surrounding the Strait of Hormuz, a critical route for global energy shipments, could limit further declines in crude prices.

The decline in international crude prices could offer relief to India, one of the world’s largest oil-importing economies. Softer crude prices can help moderate imported inflation, reduce pressure on the current account deficit and support the rupee. They could also improve the cost outlook for fuel-intensive sectors such as aviation, paints, chemicals and logistics.

Lower oil prices are generally favourable for Indian equities, particularly when concerns over geopolitical supply disruptions and imported inflation ease. However, the trajectory of crude prices will remain sensitive to developments in the Middle East, Russia-Ukraine negotiations and the security of shipments through the Strait of Hormuz.

Check the latest city-wise petrol and diesel prices across India, including Noida, Gurgaon, Jaipur, Lucknow and other state capitals.

Petrol Prices

Petrol prices across major Indian cities remained unchanged on Thursday, with New Delhi retailing petrol at Rs 102.12 per litre. The national capital’s rates were steady, while neighbouring Noida and Gurgaon reported prices of Rs 101.96 and Rs 102.97 per litre, respectively.

Among the major metropolitan cities, Mumbai continued to have a higher petrol price at Rs 111.21 per litre, while Kolkata retailed the fuel at Rs 113.51 per litre. In Chennai, petrol was priced at Rs 107.76 per litre, while Bengaluru reported a rate of Rs 111.68 per litre.

Among other state capitals, Hyderabad recorded the highest petrol price at Rs 116.15 per litre, followed by Thiruvananthapuram at Rs 115.49 per litre. Jaipur, Patna and Kolkata reported rates of Rs 113.19, Rs 113.37 and Rs 113.51 per litre, respectively. Bhubaneswar sold petrol at Rs 108.97 per litre.

Meanwhile, petrol prices stood at Rs 101.54 per litre in Chandigarh and Rs 101.89 per litre in Lucknow. All the listed cities reported no change in petrol prices, indicating a steady retail fuel-price environment. Rates may vary across cities depending on state taxes, local levies and transportation costs.

Diesel Prices

Diesel prices across major Indian cities remained unchanged on Thursday, with New Delhi retailing the fuel at Rs 95.20 per litre. Rates were marginally higher in neighbouring Gurgaon and Noida at Rs 95.64 and Rs 95.44 per litre, respectively, while Chandigarh recorded a lower price of Rs 89.47 per litre.

Among the major metropolitan cities, Mumbai sold diesel at Rs 97.83 per litre, while Kolkata reported a price of Rs 99.82 per litre. In Chennai, diesel was priced at Rs 99.55 per litre, compared with Rs 99.56 per litre in Bengaluru.

Thiruvananthapuram recorded the highest diesel price among the listed cities at Rs 104.40 per litre, closely followed by Hyderabad at Rs 104.23 per litre. Bhubaneswar reported a rate of Rs 100.68 per litre, while Jaipur and Patna retailed diesel at Rs 98.25 and Rs 99.36 per litre, respectively.

Meanwhile, diesel prices stood at Rs 95.36 per litre in Lucknow. All the listed cities reported no change in retail diesel prices, keeping fuel costs stable for consumers and transport operators. Prices continue to vary across cities due to differences in state taxes, local levies and transportation costs.

Source

•  Goodreturns.in