Petrol and Diesel Prices Today, October 16: However, prices of petrol and diesel remained constant in major cities of India on Friday, October 16, after the day-to-day revision in prices by state-controlled oil marketing companies at 6 am with growing tensions in the Middle East and fluctuating prices in global crude markets, the cost of retail fuel did not see any hike.
In Delhi, Mumbai and Bangalore, the price of petrol stood at ₹102.12, ₹111.21 and ₹111.68, while diesel prices were recorded at ₹95.20, ₹97.83 and ₹99.56 per litre while constant prices provide a respite to people, there is a risk factor involved in global crude supplies.
Is There a Fuel Price Hike Today, October 16?
Petrol and diesel prices at state-run oil companies remained unchanged on Friday, October 16, 2026 However, some private fuel retailers have raised prices amid pressure from elevated global crude oil costs.
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In Delhi, petrol was priced at ₹102.12 per litre and diesel at ₹95.20 per litre while in Mumbai, petrol cost ₹111.21 per litre, while diesel stood at ₹97.83 per litre. Bengaluru recorded petrol at ₹111.68 per litre and diesel at ₹99.56 per litre.
Private retailers Jio-bp and Nayara Energy have reportedly increased petrol prices by ₹5 per litre and diesel prices by ₹3 per litre, although the timing of the increases varies by company.
International crude oil prices also remained elevated as brent crude fell 0.39% to $105.51 per barrel, while US West Texas Intermediate (WTI) declined 0.55% to $97.43 per barrel in early trading.
For consumers, this means there was no uniform fuel price hike across India on October 16, but motorists buying fuel from certain private retailers may face higher costs.
Petrol and Diesel Rates Today in Major Cities
Fuel prices continued to vary significantly across metropolitan areas on October 16, reflecting differences in state taxes, local levies and other pricing factors.
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