Petrol Diesel Price Today: Oil marketing companies (OMCs) released the latest petrol and diesel prices at 6:00 AM on August 6, 2026. While fuel rates remained largely unchanged across most parts of the country, slight variations were recorded in some cities due to differences in state taxes and local levies. Here's a detailed look at today's fuel prices, the factors that influence them, and how you can check the latest rates in your city.

Fuel Prices Remain Largely Stable

Petrol and diesel prices continue to remain stable across most Indian cities. Although international crude oil prices and currency movements fluctuate regularly, retail fuel prices have seen limited changes in recent months.

Oil marketing companies revise fuel prices every morning based on several market factors, including global crude oil prices, the rupee's exchange rate against the U.S. dollar, taxes, and refining costs.

Consumers are advised to check daily fuel prices, as even small changes can affect transportation and household expenses.

Petrol and Diesel Prices in Major Cities Today

Below are the latest fuel prices for August 6, 2026:

Fuel prices may vary slightly depending on local taxes and transportation costs.

Why Have Fuel Prices Been Relatively Stable?

Retail fuel prices in India have remained relatively stable since May 2022, following reductions in excise duty by the central government and tax revisions by several state governments.

Although crude oil prices continue to fluctuate in international markets, retail prices in India have experienced fewer changes compared to earlier periods.

What Determines Petrol and Diesel Prices?

Several factors influence the daily retail prices of petrol and diesel.

1. International Crude Oil Prices

Petrol and diesel are refined from crude oil. When global crude oil prices rise or fall, retail fuel prices may eventually be affected.

2. Rupee-Dollar Exchange Rate

India imports a significant portion of its crude oil, which is purchased in U.S. dollars. A weaker rupee can increase import costs, potentially affecting domestic fuel prices.

3. Central and State Taxes

Fuel prices vary between states because of differences in Value Added Tax (VAT) and other local taxes imposed by state governments.

4. Refining and Distribution Costs

The cost of refining crude oil into usable fuel, along with transportation and distribution expenses, also contributes to the final retail price.

5. Demand and Supply

Seasonal demand, transportation requirements, and overall market conditions can influence fuel pricing over time.

How to Check Fuel Prices Through SMS

Consumers can also check the latest fuel prices using SMS services provided by major oil marketing companies.

Indian Oil (IOCL)

Send:

RSP

to 9224992249

Bharat Petroleum (BPCL)

Send:

RSP

to 9223112222

Hindustan Petroleum (HPCL)

Send:

HP Price

to 9222201122

Users should include the correct city code where applicable to receive the latest fuel prices.

Why Fuel Prices Differ Across Cities

Even when base fuel prices remain unchanged, retail rates can vary between cities due to:

• State VAT
• Local taxes
• Transportation costs
• Dealer commissions

As a result, consumers may notice different petrol and diesel prices even within the same state.

Final Thoughts

The latest fuel price update for August 6, 2026, indicates that petrol and diesel rates remain largely stable across India, with only minor variations in certain cities due to local taxation. While international crude oil prices and currency movements continue to influence the broader energy market, retail fuel prices have remained relatively steady in recent months.

Motorists planning long-distance travel or managing transportation expenses can benefit from checking the latest city-wise fuel prices each day, especially since rates are updated every morning at 6:00 AM by the country's oil marketing companies.