For the past ten months, petrol and diesel prices have refused to budge, offering a rare moment of stability for Indian consumers. As of Monday, October 6, petrol in Mumbai is priced at ₹103.50 per litre, unchanged from yesterday, and diesel sits at ₹90.03 per litre, maintaining the same calm amid global market turbulence.

Steady rates across major cities

This prolonged price freeze extends to all major metros and state capitals. New Delhi sees petrol at ₹94.77 and diesel at ₹87.67, while Kolkata records ₹105.41 for petrol and ₹92.02 for diesel. Chennai’s rates stand at ₹100.90 and ₹92.49, and Bangalore sees ₹102.92 and ₹90.99 respectively.

Further south, Hyderabad reports petrol at ₹107.46 and diesel at ₹95.70, while Thiruvananthapuram is slightly higher at ₹107.48 and ₹96.48. Cities like Gurgaon, Noida, and Jaipur continue the pattern, along with Bhubaneswar, Chandigarh, Lucknow, and Patna, all reflecting the same unchanged rates.

Why prices remain frozen

Fuel rates in India are shaped by global crude oil prices, exchange rates, and domestic taxes. Despite fluctuations abroad, retail prices have held steady due to government policy and the high tax component embedded in fuel costs. Compared to neighbouring countries, India’s fuel prices remain on the higher side, a factor largely driven by these levies.

Diesel pricing gets daily updates

Since June 15, 2017, diesel prices have been revised daily instead of every fortnight. This system allows consumers to track small changes without facing sudden, heavy increases. Yet, in the current scenario, daily revisions have had little effect—diesel prices have remained frozen for ten months straight, giving commuters a sense of predictability rarely seen in India’s volatile fuel market.