Stories
Petrol and Diesel Prices Remain Steady on October 12 Across Major Indian Cities
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News18•12-10-2026, 07:11
Petrol and Diesel Prices Remain Steady on October 12 Across Major Indian Cities
- •Petrol and diesel prices remained unchanged across major Indian cities including New Delhi, Mumbai, Kolkata, and Chennai.
- •In New Delhi, petrol is priced at Rs 102.12 per litre and diesel costs Rs 95.20 per litre.
- •In Mumbai, petrol stands at Rs 111.21 per litre while diesel is available at Rs 97.83 per litre.
- •Fuel prices are revised daily at 6 am under India's dynamic pricing system, taking into account global crude oil rates and currency fluctuations.
- •Retail prices vary across states due to local taxes, VAT, transportation costs, and dealer commissions as fuel remains outside the GST regime.
Key Questions Answered
In New Delhi, petrol is priced at Rs 102.12 per litre and diesel costs Rs 95.20 per litre. In Mumbai, petrol is available at Rs 111.21 per litre while diesel is priced at Rs 97.83 per litre.
Petrol and diesel prices differ primarily due to state-level taxes like VAT, along with transportation charges and dealer commissions. Because petroleum products remain outside the GST framework, state taxation heavily influences retail rates.
Fuel prices are revised daily at 6 am under India's dynamic pricing system introduced in June 2017. Consumers can check the latest prices for their location by sending an SMS with "RSP Dealer Code" to 92249 92249.
