Fuel prices across India remained steady on February 5, 2026, extending the prolonged phase of price stability that has prevailed in recent years. Motorists in major cities continued to pay the same retail rates for petrol and diesel, as oil marketing companies did not announce any revisions in daily pricing. The lack of movement reflects stable global crude oil trends and unchanged central and state tax structures, which together play a decisive role in determining pump prices.
In the national capital, Delhi, petrol continued to retail at around ₹94.72 per litre, while diesel was priced at approximately ₹87.62 per litre. Mumbai, which typically records some of the highest fuel prices among metropolitan cities due to higher local levies, saw petrol selling at about ₹104.21 per litre and diesel at close to ₹92.15 per litre. In Kolkata, petrol hovered near ₹103.94 per litre, with diesel at roughly ₹90.76 per litre, while Chennai recorded petrol prices of around ₹100.75 per litre and diesel at approximately ₹92.34 per litre.
Southern and southern-central cities continued to show relatively higher fuel costs. In Bengaluru, petrol was priced near ₹102.92 per litre and diesel at about ₹89.02 per litre. Hyderabad remained among the costliest cities for fuel, with petrol selling at around ₹107.46 per litre and diesel close to ₹95.70 per litre. In contrast, cities such as Ahmedabad reported comparatively lower prices, with petrol at approximately ₹94.49 per litre and diesel at about ₹90.17 per litre, underscoring the impact of state-level taxation on retail fuel rates.
Industry observers note that the consistency in fuel prices is largely due to stable international crude oil benchmarks and the absence of recent changes in excise duty or state value-added tax. Since petrol and diesel prices were last revised at the national level several years ago, daily fluctuations in global oil markets have not translated into corresponding changes at the retail level. Oil marketing companies continue to absorb minor variations in crude prices and currency movements, maintaining predictable pricing for consumers.
Stable fuel prices have offered relief to households and transport-dependent sectors, particularly at a time when cost control remains a priority for businesses and logistics operators. With transportation costs remaining predictable, the broader inflationary impact of fuel has stayed muted, supporting price stability across several essential goods and services.
Looking ahead, analysts suggest that fuel prices are likely to remain unchanged in the near term unless there is a significant shift in global crude oil markets or a revision in fuel taxation by the central or state governments. For now, consumers across major Indian cities can expect continuity at the fuel pump, with petrol and diesel prices on February 5, 2026, holding firm at existing levels.
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Last Updated on: Thursday, February 5, 2026 12:59 pm by News Proton Team | Published by: News Proton Team on Thursday, February 5, 2026 12:59 pm | News Categories: General, Trending