Petrol-Diesel Price: Was there any change in petrol and diesel prices today, May 7? Check the rates quickly.
Petrol-Diesel Price Today: There has been no change in petrol and diesel prices across the country today. With this, the current phase of stability in fuel prices continues.
Petrol-Diesel Price Today on May 7: Today, May 7, 2026, no changes were observed in petrol and diesel prices across several major cities in India. Consequently, the ongoing period of stability in fuel prices persists. Despite fluctuations in global crude oil markets and changes in currency exchange rates, retail fuel prices within the country remain stable. No immediate revisions have been made to petrol and diesel rates in major cities.
India's three major Oil Marketing Companies (OMCs)—Indian Oil Corporation (IOC), Bharat Petroleum Corporation Limited (BPCL), and Hindustan Petroleum Corporation Limited (HPCL)—revise fuel prices daily in alignment with global crude oil rates and foreign currency exchange rates. However, prices have remained steady in recent days.
Petrol Crosses the ₹100 Mark.
In Delhi, the price of petrol remains at ₹94.77 per liter, while diesel is priced at ₹87.67 per liter. Meanwhile, prices are higher in Mumbai, where petrol is selling at ₹103.54 per liter and diesel at approximately ₹90.03 per liter. In most metro cities—such as Mumbai, Bengaluru, Hyderabad, and Kolkata—petrol prices continue to hover above the ₹100 per liter mark, while diesel prices remain below the ₹100 threshold.
Petrol and Diesel Rates Today
| City | Petrol Price (per litre) | Diesel Price (per litre) |
| Delhi | Rs 94.77 | Rs 87.67 |
| Mumbai | Rs 103.54 | Rs 90.03 |
| Kolkata | Rs 105.45 | Rs 92.02 |
| Chennai | Rs 100.80 | Rs 92.39 |
| Bengaluru | Rs 102.92 | Rs 90.99 |
| Patna | Rs 105.18 | Rs 92.04 |
| Puducherry | 96.26 rupees | Rs 86.47 |
| Raipur | Rs 99.44 | Rs 93.39 |
| Ranchi | Rs 97.86 | Rs 92.62 |
Prices Stable Since May 2022
Despite fluctuations in global crude oil markets, petrol and diesel prices in India have remained largely stable over the past few years. Since May 2022, no significant changes have been observed in petrol and diesel prices across India. During that period, fuel prices remained stable for an extended duration following the Central Government's reduction in excise duty (by ₹8 on petrol and ₹6 on diesel).
Retail fuel prices are influenced by several factors, including global crude oil prices, the Rupee-Dollar exchange rate, central and state taxes, transportation costs, and demand-supply dynamics. Since India imports a significant portion of its crude oil, any fluctuation in global prices or changes in currency exchange rates can impact domestic fuel rates.
