State-owned oil marketing companies have released the latest petrol and diesel prices for July 9, 2026, with no major revision in fuel rates across most parts of the country. Motorists planning to refuel their vehicles can expect prices to remain largely stable in major metropolitan cities and several other urban centres.

Although international crude oil prices continue to fluctuate due to global geopolitical developments, domestic retail fuel prices have remained unchanged in most locations for the day.

Fuel Prices Stable in Major Cities

Indian Oil Corporation (IOCL), Bharat Petroleum Corporation Limited (BPCL), and Hindustan Petroleum Corporation Limited (HPCL) have maintained petrol and diesel prices in most major cities.

Consumers in cities such as Delhi, Mumbai, Kolkata, Chennai, Lucknow, Noida, Patna, Ranchi, and Bhopal will not see any significant change in fuel prices compared with the previous day.

Latest Petrol Prices in Major Cities

The current petrol prices are as follows:

Fuel prices may vary slightly from city to city because of differences in state taxes, value-added tax (VAT), freight charges, and dealer commissions.

Diesel Prices See Minor Increase in Two Cities

While diesel prices remained unchanged across most parts of the country, a marginal increase was reported in two cities.

• Bhagalpur: Diesel price increased by ₹0.71 per litre, taking the retail price to ₹100.30 per litre.
• Bengaluru: Diesel price rose by ₹0.79 per litre, with the latest rate reaching ₹99.56 per litre.

Apart from these revisions, diesel prices remained stable in most other major cities.

Why Are Crude Oil Prices Rising?

International crude oil prices have been moving higher amid renewed geopolitical tensions in the Middle East.

Market analysts say concerns over supply disruptions, particularly due to escalating tensions involving the United States and Iran, have contributed to increased volatility in the global oil market.

Any disruption in crude oil production or transportation can influence international benchmark prices, which may eventually affect domestic fuel prices depending on government policies, taxes, exchange rates, and oil marketing company pricing mechanisms.

What Determines Petrol and Diesel Prices in India?

Retail fuel prices in India are influenced by several factors, including:

• International crude oil prices
• Exchange rate between the Indian Rupee and the US Dollar
• Central and state government taxes
• Transportation and freight costs
• Dealer commissions
• Refining and distribution expenses

Because these factors vary over time and across states, petrol and diesel prices are not uniform throughout the country.

Check Fuel Prices Before Refuelling

Consumers are advised to verify the latest fuel prices before visiting petrol pumps, particularly when travelling between states where local taxes can significantly impact retail rates.

Although fuel prices remain stable on July 9, developments in the global crude oil market may influence future revisions. Keeping track of daily price updates can help vehicle owners better manage their fuel expenses.