Fuel Prices Hold Steady Across India
As September 1, 2026, begins, fuel prices across India are largely stable, with petrol and diesel rates showing minimal changes in most major metropolitan areas. The national average for petrol is recorded at ₹111.21 per litre, and diesel is priced at ₹97.83 per litre, offering commuters a period of relative predictability at the pump.
Metro City Fuel Rates on September 1
While national averages provide a general overview, city-specific rates reflect local taxes and transportation costs, leading to variations:
- Mumbai: Petrol is stable at ₹111.21 per litre, with diesel also holding steady at ₹97.83 per litre.
- Delhi: The capital sees petrol priced at ₹102.12 per litre and diesel at ₹95.20 per litre, maintaining its position among cities with comparatively lower fuel costs.
- Kolkata: Diesel is available at ₹99.82 per litre, a slight decrease from the previous day.
- Chennai: Similarly, Chennai's diesel rate is ₹99.55 per litre, also marking a minor reduction.
- Bengaluru: Residents pay ₹111.68 per litre for petrol and ₹99.56 per litre for diesel.
- Hyderabad: This city records the highest metro rates, with petrol at ₹115.69 per litre and diesel at ₹103.82 per litre.
Factors Influencing Fuel Costs
Global crude oil prices and the rupee-dollar exchange rate are primary determinants of fuel costs in India. Brent crude is currently trading around $91.13 per barrel. Given India's significant reliance on imported crude, a weaker rupee directly increases procurement costs, which can then translate into higher retail fuel prices.
Beyond international market dynamics, domestic factors play a crucial role. Both central and state governments levy various taxes that form a substantial portion of the final retail price, explaining the differences observed across states and cities. Additionally, transportation costs and the prevailing demand-supply conditions within specific regions contribute to the variations consumers encounter at the fuel stations.
For daily commuters, the current stability means no immediate price shocks, though fuel prices remain elevated compared to historical levels. Consumers are encouraged to monitor local rates, as city-specific tax structures can lead to different pricing even within the same state.