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Petrol and diesel prices across the country were updated at 6 AM on February 14, 2026, bringing the latest fuel rates for major cities. While prices have largely remained stable, minor variations continue due to local taxes and transportation costs. Fuel prices play a crucial role in determining daily expenses, transport fares, and the overall cost of goods, making it essential for consumers to stay informed.

Fuel Prices Are Updated Daily at 6 AM

Oil marketing companies revise petrol and diesel prices every morning based on several global and domestic factors. These include international crude oil prices, currency exchange rates, and government taxes. This daily revision system ensures transparency and helps consumers receive accurate and timely pricing information.

Although global crude oil markets experience fluctuations, retail fuel prices in the country have remained relatively steady in recent months, offering some relief to households and businesses.

Latest Petrol and Diesel Prices in Major Cities

As per the latest update on February 14, 2026, here are the petrol and diesel prices in key cities:

• New Delhi: Petrol ₹94.72 per litre | Diesel ₹87.62 per litre

• Mumbai: Petrol ₹104.21 per litre | Diesel ₹92.15 per litre

• Kolkata: Petrol ₹103.94 per litre | Diesel ₹90.76 per litre

• Chennai: Petrol ₹100.75 per litre | Diesel ₹92.34 per litre

• Ahmedabad: Petrol ₹94.49 per litre | Diesel ₹90.17 per litre

• Bengaluru: Petrol ₹102.92 per litre | Diesel ₹89.02 per litre

• Hyderabad: Petrol ₹107.46 per litre | Diesel ₹95.70 per litre

• Jaipur: Petrol ₹104.72 per litre | Diesel ₹90.21 per litre

• Lucknow: Petrol ₹94.69 per litre | Diesel ₹87.80 per litre

• Pune: Petrol ₹104.04 per litre | Diesel ₹90.57 per litre

• Chandigarh: Petrol ₹94.30 per litre | Diesel ₹82.45 per litre

• Indore: Petrol ₹106.48 per litre | Diesel ₹91.88 per litre

• Patna: Petrol ₹105.58 per litre | Diesel ₹93.80 per litre

• Surat: Petrol ₹95.00 per litre | Diesel ₹89.00 per litre

• Nashik: Petrol ₹95.50 per litre | Diesel ₹89.50 per litre

The price difference between cities is mainly due to variations in state taxes, transportation costs, and local levies.

Why Fuel Prices Have Remained Stable Recently

Fuel prices have shown relative stability since May 2022, when the central and several state governments reduced taxes on petrol and diesel. Despite fluctuations in global crude oil prices, domestic retail prices have remained steady due to tax adjustments and pricing strategies by oil companies.

This stability has helped consumers manage their monthly expenses and reduced pressure on transportation and logistics sectors.

Key Factors That Determine Petrol and Diesel Prices

1. International Crude Oil Prices:
Petrol and diesel are derived from crude oil. When global crude oil prices increase, fuel prices in the domestic market usually rise as well.

2. Rupee vs US Dollar Exchange Rate:
The country imports most of its crude oil and pays in US dollars. A weaker rupee makes imports more expensive, leading to higher fuel prices.

3. Government Taxes and Duties:
Both central and state governments impose taxes on fuel, which form a significant portion of the retail price. This is why prices vary from city to city.

4. Refining and Transportation Costs:
Crude oil must be refined and transported to fuel stations. These costs are also included in the final retail price.

5. Demand and Supply Conditions:
Higher demand during travel seasons, festivals, or extreme weather can push fuel prices upward.

How to Check Fuel Prices via SMS

Consumers can also check petrol and diesel prices directly from their mobile phones:

• Indian Oil customers: Send RSP to 9224992249

• BPCL customers: Send RSP to 9223112222

• HPCL customers: Send HPPRICE to 9222201122

This service allows users to quickly access updated fuel rates without needing internet access.

Direct Impact on Daily Expenses

Fuel prices affect not only vehicle owners but also the cost of goods and services. Transportation costs influence food prices, public transport fares, and logistics expenses. Stable fuel prices help control inflation and provide financial relief to consumers.

Conclusion

The latest petrol and diesel prices released on February 14, 2026, show stability across most major cities. While global crude oil prices, currency exchange rates, and taxes continue to influence fuel costs, consumers are currently benefiting from steady pricing. Staying informed about daily fuel rates can help individuals and businesses better manage their expenses and plan their budgets effectively.