Petrol and diesel prices across India were updated early this morning, February 12, 2026, in line with the daily pricing mechanism followed by public sector oil marketing companies (OMCs). As per the routine, fresh fuel rates were released at 6 am, offering consumers clarity on how much they will pay at the pump today. While prices have remained largely unchanged in most cities, noticeable variations continue to exist from state to state due to differences in local taxes and levies.

Daily Fuel Price Update: How It Works

Every morning, India’s leading fuel retailers revise petrol and diesel prices based on two key global factors — international crude oil rates and the rupee’s movement against the US dollar. Since India imports a major portion of its crude oil requirement, even small fluctuations in global markets or currency exchange rates can influence domestic fuel prices.

This transparent daily pricing system was introduced to ensure consumers receive fuel at market-linked rates rather than facing sudden, sharp revisions. Whether you are a daily commuter, a logistics operator, or a small business owner, these prices directly affect transportation costs and household budgets.

Petrol and Diesel Rates in Major Cities (February 12, 2026)

Here are the latest petrol and diesel prices in some of India’s prominent cities:

• New Delhi: Petrol ₹94.72 per litre | Diesel ₹87.62 per litre




• Mumbai: Petrol ₹104.21 | Diesel ₹92.15




• Kolkata: Petrol ₹103.94 | Diesel ₹90.76




• Chennai: Petrol ₹100.75 | Diesel ₹92.34




• Ahmedabad: Petrol ₹94.49 | Diesel ₹90.17




• Bengaluru: Petrol ₹102.92 | Diesel ₹89.02




• Hyderabad: Petrol ₹107.46 | Diesel ₹95.70




• Jaipur: Petrol ₹104.72 | Diesel ₹90.21




• Lucknow: Petrol ₹94.69 | Diesel ₹87.80




• Pune: Petrol ₹104.04 | Diesel ₹90.57




• Chandigarh: Petrol ₹94.30 | Diesel ₹82.45

Additional cities also reflect regional price differences:

• Indore: Petrol ₹106.48 | Diesel ₹91.88




• Patna: Petrol ₹105.58 | Diesel ₹93.80




• Surat: Petrol ₹95.00 | Diesel ₹89.00




• Nashik: Petrol ₹95.50 | Diesel ₹89.50

Despite uniform base pricing by oil companies, the final retail rates differ because state governments impose varying levels of VAT and other charges.

Why Fuel Prices Have Been Stable for Nearly Two Years

One of the most common questions among consumers is why petrol and diesel prices have shown minimal movement over the past couple of years. Since May 2022, the central government and several state governments reduced excise duty and VAT on fuel. These tax cuts helped cushion the impact of volatile global crude oil prices, resulting in relatively stable pump prices for Indian consumers.

Even though international oil markets continue to witness ups and downs due to geopolitical tensions, supply concerns, and demand shifts, domestic prices have remained steady in comparison.

Key Factors That Decide Petrol and Diesel Prices

Several elements play a role in determining fuel prices in India:

Global crude oil prices
Petrol and diesel are refined from crude oil. When crude prices rise internationally, production costs increase, often leading to higher retail prices.

Rupee-dollar exchange rate
Crude oil imports are paid for in US dollars. A weaker rupee makes imports more expensive, pushing fuel prices higher even if crude prices remain unchanged.

Central and state taxes
Taxes account for a significant portion of the fuel price. Excise duty, VAT, and other local charges vary across states, leading to city-wise price differences.

Refining and distribution costs
The cost of refining crude oil into usable fuel and transporting it to retail outlets also affects final pricing.

Demand and supply dynamics
Seasonal demand, festivals, weather conditions, and economic activity can influence fuel consumption, impacting prices over time.

How to Check Petrol and Diesel Prices via SMS

Consumers can also check daily fuel prices easily through SMS services provided by oil companies:

• Indian Oil: Send your city code followed by “RSP” to 9224992249




• BPCL: Send “RSP” to 9223112222




• HPCL: Send “HP Price” to 9222201122

What Consumers Should Know

While fuel prices may appear unchanged day-to-day, they remain sensitive to global developments and policy decisions. Keeping an eye on daily rates helps consumers plan expenses better and stay informed about market trends. With international crude prices and currency movements constantly evolving, fuel pricing continues to be an important indicator of the broader economic landscape in India.