Petrol-Diesel Price Today on May 7: Today, on May 7, 2026, there was no change in the prices of petrol and diesel in many big cities of India. Similarly, the current phase of stability in fuel prices continued. Despite fluctuations in global crude oil markets and changes in currency exchange rates, fuel prices at the retail level in the country have remained stable. There was no immediate revision in the rates of petrol and diesel in major cities.

India’s three major oil marketing companies (OMCs)—Indian Oil Corporation (IOC), Bharat Petroleum Corporation Limited (BPCL) and Hindustan Petroleum Corporation Limited (HPCL)—revise fuel prices daily in line with global crude oil prices and foreign currency exchange rates. However, prices have remained stable in recent times.

Petrol reached above 100

The price of petrol in Delhi remains at Rs 94.77 per liter, while the price of diesel is Rs 87.67 per liter. At the same time, prices are higher in Mumbai, where petrol is being sold at Rs 103.54 per liter and diesel at around Rs 90.03 per liter. Petrol prices remain above Rs 100 per liter in most metro cities like Mumbai, Bengaluru, Hyderabad and Kolkata, while diesel prices remain below the Rs 100 mark.

Petrol and diesel rates today

City	Petrol price (per litre)	Diesel price (per litre)
Delhi	Rs 94.77	Rs 87.67
Mumbai	Rs 103.54	Rs 90.03
Kolkata	Rs 105.45	Rs 92.02
Chennai	Rs 100.80	Rs 92.39
Bengaluru	Rs 102.92	Rs 90.99
Patna	Rs 105.18	Rs 92.04
Puducherry	Rs 96.26	Rs 86.47
Raipur	Rs 99.44	Rs 93.39
Ranchi	Rs 97.86	Rs 92.62

Stable prices after May 2022

Despite fluctuations in global crude oil markets, petrol and diesel prices in India have remained largely stable for the last few years. There has been no major change in the prices of petrol and diesel in India since May 2022. During that time, prices remained stable for a long time after the Central Government reduced the excise duty (Rs 8 on petrol and Rs 6 on diesel).

Retail fuel prices are influenced by many factors, including global crude oil prices, rupee-dollar exchange rate, central and state taxes, transportation costs and demand-supply equation. Since India imports a large part of its crude oil, any fluctuations in global prices or changes in currency exchange can impact domestic fuel rates.

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