Petrol Diesel Price Today: Oil marketing companies have released the latest fuel prices for Monday, August 3, 2026, bringing relief to vehicle owners as petrol and diesel prices remain unchanged across the country. Although there has been no nationwide revision in fuel prices, the rates continue to differ from one city to another due to variations in state taxes, Value Added Tax (VAT), transportation costs, and local levies.

Before heading to the fuel station, motorists are advised to check the latest prices in their respective cities.

Fuel Prices Stay Stable on August 3

Petrol and diesel prices have been kept unchanged despite ongoing fluctuations in global crude oil markets.

Oil marketing companies revise fuel prices every day at 6:00 AM, taking into account factors such as:

• International crude oil prices.
• Rupee–US dollar exchange rate.
• Refining and transportation costs.
• State taxes and local levies.

While the base price remains the same, final retail prices vary depending on the location.

Why Do Fuel Prices Differ Across Cities?

Many consumers wonder why petrol and diesel prices are not identical throughout the country even when there is no official price revision.

The variation is mainly due to:

• Different VAT rates imposed by state governments.
• Local taxes and municipal levies.
• Transportation and logistics costs.
• Dealer commissions and regional pricing policies.

As a result, motorists in different states pay different prices for the same fuel.

Petrol Prices in Major Cities on August 3

Diesel Prices in Major Cities on August 3

How Are Daily Fuel Prices Decided?

Fuel prices in India are reviewed every day based on several domestic and international factors.

The key elements influencing daily price revisions include:

• Global crude oil price movements.
• Exchange rate between the Indian Rupee and the US Dollar.
• Import costs.
• Freight and distribution expenses.
• Central and state taxes.
• Dealer commissions.

Even if international crude prices fluctuate, retail fuel prices may remain unchanged depending on the overall pricing mechanism.

How to Check the Latest Petrol and Diesel Prices

Consumers can verify the latest fuel prices through multiple official channels, including:

• Official websites of oil marketing companies.
• Mobile applications of fuel retailers.
• SMS services offered by oil companies.
• Authorized fuel stations.

Checking fuel prices before refuelling can help motorists stay informed about any daily revisions.

Fuel Rates Continue to Offer Stability

With no change in petrol and diesel prices on August 3, 2026, vehicle owners can continue purchasing fuel at existing rates. Although city-wise prices differ because of taxation and local charges, the absence of a nationwide revision provides short-term stability for commuters and businesses that depend on daily transportation.

Motorists should continue monitoring official updates, as fuel prices are reviewed every morning based on changing global and domestic market conditions.