February 12, 2026: OMCs adjust the price of petrol and diesel every day at six in the morning to reflect changes in the price of crude oil and currency exchange rates throughout the world. In addition to ensuring that consumers have access to the most recent and correct gasoline rates, this daily charge promotes openness.
The current price of petrol and diesel in India
City-wise Petrol & Diesel Prices – February 12
| City | Petrol (Rs/L) | Diesel (Rs/L) |
|---|---|---|
| New Delhi | 94.72 | 87.62 |
| Mumbai | 104.21 | 92.15 |
| Kolkata | 103.94 | 90.76 |
| Chennai | 100.75 | 92.34 |
| Ahmedabad | 94.49 | 90.17 |
| Bengaluru | 102.92 | 89.02 |
| Hyderabad | 107.46 | 95.70 |
| Jaipur | 104.72 | 90.21 |
| Lucknow | 94.69 | 87.80 |
| Pune | 104.04 | 90.57 |
| Chandigarh | 94.30 | 82.45 |
| Indore | 106.48 | 91.88 |
| Patna | 105.58 | 93.80 |
| Surat | 95.00 | 89.00 |
| Nashik | 95.50 | 89.50 |
Important Elements Affecting Diesel and Petrol Prices
Following tax cuts by the federal government and a number of state governments, the price of gasoline and diesel in India has not changed since May 2022.
Every day at 6:00 in the morning, Oil Marketing Companies (OMCs) update gasoline prices to reflect changes in the world’s crude oil markets. While these rates are technically market-linked, they are also influenced by regulatory measures such as excise duties, base pricing frameworks, and informal price caps.
Important Elements Affecting Indian Fuel Prices
- Crude Oil Costs: Since crude is the primary ingredient used to produce petrol and diesel, the price of crude oil globally is a major factor in fuel costs.
- Exchange Rate: The value of the Indian rupee in compared to the US dollar has a major impact on petrol prices since India imports a lot of crude oil. Prices usually increase when the rupee depreciates.
- Taxes: A significant amount of retail fuel costs are derived from federal and state taxes. State-by-state differences in tax rates result in regional pricing difference.
- Refining Costs: Retail prices are influenced by the price of turning crude oil into useable fuel. Depending on refinery efficiency and crude quality, these expenses may change.
- Demand-Supply Dynamics: Fuel prices are also influenced by market demand. As supply react to changes in consumption patterns, more demand may result in higher pricing.
How to Use SMS to Verify Gas and Diesel Prices
With SMS, you can quickly find out the most recent pricing for petrol and diesel in your city. Customers of Indian Oil can text “RSP” and the city code to 9224992249. To get the most recent petrol prices, BPCL customers may text “RSP” to 9223112222, while HPCL customers can text “HP Price” to 9222201122.
FAQs – Petrol & Diesel Prices (February 12, 2026)
1. What are the latest petrol and diesel prices on February 12, 2026?
Fuel prices vary city-wise. For example, petrol in New Delhi is Rs94.72 per litre and diesel is Rs87.62 per litre, while in Mumbai petrol costs Rs104.21 and diesel Rs92.15 per litre.
2. When are petrol and diesel prices updated in India?
Oil Marketing Companies (OMCs) revise petrol and diesel prices daily at 6:00 AM based on global crude oil prices and currency exchange rate fluctuations.
3. Why do fuel prices differ from city to city?
Fuel prices vary due to differences in state-level VAT, transportation costs, and local taxes, which impact the final retail price.
4. What are the main factors affecting petrol and diesel prices in India?
Key factors include global crude oil prices, rupee-dollar exchange rate, central and state taxes, refining costs, and demand-supply dynamics.
5. Have petrol and diesel prices changed recently?
Fuel prices have largely remained stable since the tax cuts announced in May 2022, though OMCs continue daily revisions based on global market movements.
6. How can I check petrol and diesel prices via SMS?
-
Indian Oil (IOC): Send RSP <City Code> to 9224992249
-
BPCL: Send RSP to 9223112222
-
HPCL: Send HP Price to 9222201122
7. Why does the rupee-dollar exchange rate affect fuel prices?
Since India imports most of its crude oil in US dollars, a weaker rupee increases import costs, leading to higher petrol and diesel prices.
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