Petrol-Diesel Prices Today, October 1: New petrol and diesel prices released; check the latest rates in major cities..

Petrol and Diesel Prices Today, 1 October 2026: There have been no major changes in petrol and diesel prices across major cities in the country on Thursday, 1 October. In the capital, Delhi, petrol is retailing at ₹102.12 per litre and diesel at ₹95.20 per litre. Meanwhile, in Mumbai, petrol is priced at ₹111.21 per litre and diesel at ₹97.83 per litre. Oil companies review petrol and diesel prices daily under India's dynamic fuel pricing system. New prices come into effect at 6 AM every day. However, fuel prices vary across states due to differences in taxes, VAT, transportation costs, and dealer commissions.

Petrol and Diesel Rates in Major Cities Today

According to available city-wise rates, petrol prices remain above ₹100 per litre in most major cities across the country. In many markets, the price of diesel also exceeds ₹95 per litre. Among the major cities listed, Hyderabad has the highest petrol price at ₹115.73 per litre, followed by Kolkata (₹113.51), Patna (₹113.37), and Jaipur (₹112.66).

Why Do Petrol and Diesel Prices Vary Across Cities?

The primary reason for the variation in retail petrol and diesel prices across states is the taxes and VAT levied by state governments. Additionally, transportation costs and dealer commissions influence the final price. Petrol and diesel currently fall outside the ambit of GST; therefore, state-level taxes play a significant role in determining their retail prices.

Impact of Crude Oil Prices and the Rupee's Value

India imports a large portion of its crude oil requirements. Consequently, fluctuations in crude oil prices in the international market impact the cost of domestic petroleum products. Additionally, the rupee's exchange rate against the dollar is a crucial factor influencing fuel prices. A weakening rupee can drive up the cost of imported crude oil.

**Petrol and diesel rates change at 6 AM**

India has implemented a dynamic fuel pricing system since June 2017. Under this system, oil companies review petrol and diesel prices daily, with revised rates coming into effect at 6 AM. Customers can also check petrol and diesel prices in their city via oil companies' SMS services. For instance, under Indian Oil's service, one can obtain local price details by sending an SMS with the text 'RSP' to the designated number.

**Further cuts in export duties on diesel and ATF**

The central government has reduced export duties on diesel and Aviation Turbine Fuel (ATF) for the second consecutive fortnight. Effective October 1, the export levy on diesel has been lowered to ₹16 per litre, and on ATF to ₹10.5 per litre. Meanwhile, the export duty on petrol remains unchanged at ₹0.5 per litre.

According to notifications issued by the Ministry of Finance, the export duty on diesel has been cut by ₹4 per litre; previously, from September 16 to September 30, the duty stood at ₹20 per litre. Similarly, the levy on ATF has been reduced by ₹4.5 per litre, bringing it down from ₹15 to ₹10.5 per litre.

**₹9 reduction in diesel duty since September**

The government has been consistently reducing export levies on diesel and ATF since September 1. On September 1, the duty on diesel was ₹25 per litre, a figure that has now been lowered to ₹16—marking a reduction of ₹9 per litre within a single month. Meanwhile, the export duty on ATF has been reduced from ₹19 to ₹10.5 per litre during this period—a cut of ₹8.5 per litre.

**No change in excise duty on domestic petrol and diesel**

The government has clarified that there is no change in the existing excise duty rates for petrol and diesel intended for domestic consumption. In other words, this decision primarily concerns the levy imposed on the export of petroleum products.

**Duty rates reviewed every fortnight**

Export duties on petrol, diesel, and ATF were introduced on March 27, 2026. This measure was implemented to discourage the export of petroleum products—amid the crisis in West Asia—and to ensure their availability in the domestic market. The government reviews these export duty rates every 15 days, basing the assessment on the average international market prices of crude oil, petrol, diesel, and ATF since the last review.

The new rates, effective from October 1, are the result of this review process. These duty rates may be revised again in the next review based on international prices. The government's latest notification amends the notifications issued on March 26.

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