Petrol Diesel Price Today, October 31, 2026: Crude Oil Rises, Check Latest Fuel Rates in 12 Cities

Petrol Diesel Price Today, October 31, 2026: International crude oil prices are showing renewed upward movement, raising concerns about a possible increase in fuel costs. However, according to the latest rates reported for Saturday, October 31, petrol and diesel prices in major Indian cities have remained unchanged compared with the previous day.

Oil marketing companies, including Indian Oil Corporation (IOC), Bharat Petroleum Corporation Limited (BPCL) and Hindustan Petroleum Corporation Limited (HPCL), regularly update retail fuel prices.

Despite fluctuations in international oil markets, the reported domestic petrol and diesel rates have not witnessed a fresh increase today.

For motorists, transport operators and businesses, fuel prices remain an important part of daily expenses.

Here is a look at the reported petrol and diesel prices across major Indian cities and the factors that influence retail fuel rates.

Petrol and Diesel Prices Today in Major Indian Cities

According to the rates provided for October 31, 2026, petrol and diesel prices in 12 major cities are as follows:

CityPetrol Price (Per Litre)Diesel Price (Per Litre)
Delhi₹102.12₹95.20
Mumbai₹111.21₹97.83
Kolkata₹113.47₹99.82
Chennai₹107.87₹99.66
Jaipur₹113.19₹98.25
Gurugram₹102.97₹95.64
Noida₹102.12₹95.56
Bengaluru₹111.68₹99.56
Hyderabad₹116.15₹104.23
Bhubaneswar₹109.03₹100.74
Lucknow₹102.68₹96.10
Patna₹113.37₹99.36

Note: These are the city-wise rates reported in the supplied October 31 update. They have not been independently verified against live oil company price feeds. Actual pump prices may vary by location.

Have Petrol and Diesel Prices Increased Today?

According to the reported update, there has been no fresh increase in petrol or diesel prices on October 31, 2026.

The rates in the listed cities are described as unchanged from the previous day.

This comes despite renewed upward movement in international crude oil prices.

However, changes in global crude oil prices do not always result in immediate adjustments to retail petrol and diesel prices in India.

Oil marketing companies consider several factors before revising pump prices.

These include international fuel prices, exchange rates, taxes, operating costs and domestic market conditions.

As a result, retail prices may remain stable even when global crude oil markets experience short-term fluctuations.

Petrol and Diesel Prices in Delhi

In the national capital, the reported petrol price stands at ₹102.12 per litre, while diesel is priced at ₹95.20 per litre.

Fuel rates in Delhi are closely followed because the city serves as an important reference point for comparing prices across different regions.

However, motorists should remember that petrol and diesel prices can vary significantly between states because of differences in local taxes and other charges.

Fuel Prices in Mumbai and Kolkata

Mumbai continues to report petrol prices above ₹110 per litre.

According to the supplied figures, petrol costs ₹111.21 per litre, while diesel is available at ₹97.83 per litre.

In Kolkata, petrol is reported at ₹113.47 per litre and diesel at ₹99.82 per litre.

These differences highlight how regional taxation and other pricing factors influence the amount consumers pay at fuel stations.

Petrol and Diesel Prices in Jaipur

For motorists in Rajasthan's capital, Jaipur, the reported petrol price is ₹113.19 per litre.

Diesel is listed at ₹98.25 per litre.

Fuel prices are particularly important for commuters, commercial vehicle operators and transport businesses that depend on daily road travel.

Even a small increase in per-litre prices can affect monthly fuel expenses for people who drive long distances.

Hyderabad Reports Higher Fuel Prices

Among the cities included in the supplied list, Hyderabad has the highest reported petrol and diesel prices.

Petrol is listed at ₹116.15 per litre, while diesel stands at ₹104.23 per litre.

By comparison, the reported prices in Delhi are lower.

This variation shows why motorists should check the rates applicable to their own city rather than relying on national averages.

Why Are International Crude Oil Prices Rising?

International crude oil prices are influenced by several economic and geopolitical factors.

Changes in global oil demand, production decisions by major oil-producing countries and supply disruptions can affect market prices.

Geopolitical tensions may also influence expectations about future oil availability.

Additionally, currency movements and global economic conditions can contribute to fluctuations.

When international crude prices rise, the cost of purchasing and processing crude oil may increase for oil companies.

However, the eventual impact on Indian consumers depends on several domestic pricing factors.

How Do Crude Oil Prices Affect Petrol and Diesel Rates?

India imports a substantial portion of the crude oil required to meet its energy needs.

Because crude oil is traded internationally, changes in global prices can influence domestic fuel costs.

The exchange rate between the Indian rupee and the US dollar also matters.

If the rupee weakens against the dollar, imported crude oil can become more expensive in rupee terms, even without a major change in the international dollar price.

However, petrol and diesel retail prices are not determined by crude oil costs alone.

Refining margins, transportation expenses, dealer commissions and government taxes also contribute to the final price paid by consumers.

Therefore, a rise in crude oil prices does not necessarily mean that petrol and diesel prices will increase the following day.

Why Do Petrol and Diesel Prices Differ Between Cities?

Motorists often notice that the price of petrol or diesel in one city is different from the rate in another.

One major reason is the variation in state-level taxes.

Different states impose different value-added tax or sales tax arrangements on petrol and diesel.

Transportation costs, dealer-related expenses and other applicable charges may also influence the final retail price.

This is why fuel rates in cities such as Delhi, Mumbai, Jaipur and Hyderabad can vary considerably.

Consumers should always check local fuel prices before planning their expenses.

What Was the Previous Fuel Price Increase?

The supplied report refers to an earlier increase of ₹2.61 per litre in petrol and ₹2.71 per litre in diesel.

However, it does not specify the exact date, city or pricing authority associated with those increases.

As fuel price changes can differ by location, these figures should not be treated as a confirmed nationwide revision without additional verification.

For the latest update, the main reported development is that prices in the listed cities have remained unchanged on October 31.

How to Check Petrol and Diesel Prices in Your City

Consumers can check the latest retail fuel prices through official oil marketing company channels.

Indian Oil, BPCL and HPCL provide customer services and digital platforms for checking applicable fuel rates.

Motorists can also contact their nearest authorised petrol pump.

When checking prices, make sure the information relates to the correct city or fuel station.

This is especially important for people travelling between states, where fuel rates may differ.

Will Petrol and Diesel Prices Increase in November?

With international crude oil prices showing upward movement, motorists may be concerned about possible changes in November.

However, it is not possible to predict an exact retail fuel price increase based only on short-term crude oil movements.

Future prices will depend on international market conditions, exchange rates and decisions taken by oil marketing companies.

Consumers should follow official price updates rather than assuming that an increase is certain.

Final Words

Petrol and diesel prices in major Indian cities have reportedly remained unchanged on October 31, 2026, despite renewed strength in international crude oil markets.

According to the supplied figures, petrol costs ₹102.12 per litre in Delhi, ₹111.21 in Mumbai, ₹113.19 in Jaipur and ₹116.15 in Hyderabad.

Although global crude oil prices can influence domestic fuel costs, retail prices also depend on taxes, currency movements and other factors.

Motorists should check the latest rates from their fuel provider before refuelling, as prices can vary by city and petrol pump.

For now, the reported October 31 update indicates no fresh change in petrol and diesel prices across the listed cities.