Petrol and Diesel Prices Today: Check the Latest Fuel Rates in Your City on August 7, 2026

Fuel prices remained largely unchanged across the country on August 7, 2026, despite continued fluctuations in global crude oil markets. While international crude prices have been moving up and down, retail petrol and diesel rates in India have stayed stable due to the country's fuel pricing mechanism and tax structure.

If you're planning to refuel today, here's a look at the latest petrol and diesel prices in major Indian cities, along with an explanation of why fuel prices don't always change in line with crude oil movements.

Why Aren't Petrol and Diesel Prices Changing Every Day?

Many consumers expect fuel prices to rise or fall immediately whenever international crude oil prices fluctuate. However, the retail price of petrol and diesel is determined by several factors, not just the cost of crude oil.

The final pump price includes:

• International crude oil prices

• Central excise duty

• State Value Added Tax (VAT)

• Dealer commission

• Transportation and freight costs

• Marketing and operational expenses

Because of these components, short-term movements in crude oil prices do not always result in an immediate change in retail fuel prices.