Fuel prices across India saw minimal changes on August 10, 2026, maintaining a consistent trend observed since May 25. This stability comes despite recent fluctuations in global crude oil markets, influenced by various economic and geopolitical factors.
Key City Fuel Prices for August 10, 2026
In major metropolitan areas, petrol prices largely remained above the ₹100 per litre mark. Delhi recorded petrol at ₹102.12 per litre and diesel at ₹95.20 per litre. Mumbai continued to see petrol above ₹110, priced at ₹111.21 per litre, with diesel at ₹97.83 per litre.
Other significant cities also reported steady rates:
- Hyderabad: Petrol at ₹116.04/litre, Diesel at ₹104.15/litre
- Kolkata: Petrol at ₹113.51/litre, Diesel at ₹99.82/litre
- Bengaluru: Petrol at ₹111.68/litre, Diesel at ₹99.56/litre
- Chennai: Petrol at ₹107.77/litre, Diesel at ₹99.55/litre
Notably, diesel prices remained below ₹100 per litre in most major cities, with Hyderabad being an exception.
Factors Influencing Fuel Rates in India
Several critical elements contribute to the retail price of petrol and diesel at the pump. The most significant is the international price of crude oil, which serves as the primary raw material.
Global Crude Oil Dynamics
Global demand, supply dynamics, and geopolitical developments significantly impact crude oil benchmarks. Any shift in these international prices directly affects India, a major oil importer.
Rupee-Dollar Exchange Rate
Given India's reliance on imported crude, the exchange rate between the Indian Rupee and the US Dollar plays a crucial role. A weakening Rupee increases the cost of crude procurement, potentially leading to higher retail fuel prices.
Taxation and Local Costs
Both central and state governments levy taxes on fuel, which form a substantial portion of the final consumer price. These varying tax structures are a primary reason why fuel rates differ across states and cities. Additionally, transportation costs and local demand-supply conditions also factor into the final retail price.