Petrol and diesel prices remained unchanged across major Indian cities on Monday, extending the ongoing phase of stability in retail fuel rates. As per the daily price revision mechanism followed by oil marketing companies, there was no upward or downward movement in fuel prices compared with Sunday, February 8, offering continued relief to consumers amid broader concerns around household and transport costs.
In the national capital, petrol continued to retail at ₹94.77 per litre, while diesel was priced at ₹87.67 per litre. Mumbai, which typically records the highest fuel prices among metros due to higher local taxes, also saw no revision, with petrol hovering around ₹103.40 per litre and diesel near ₹90.03 per litre. Similar stability was observed in other metropolitan centres including Bengaluru, Chennai and Kolkata, where pump prices remained frozen at their previous levels.
Across southern cities such as Hyderabad and Chennai, fuel retailers reported no change in rates during the morning update. Petrol prices in Hyderabad continued to trade above the ₹107 per litre mark, while diesel prices remained close to ₹95 per litre. In Chennai, both petrol and diesel prices were unchanged, reflecting the wider nationwide trend. Northern and western cities, including Ahmedabad, Jaipur and Pune, also saw fuel rates holding steady.
The absence of any price revision today is largely attributed to stable global crude oil prices and a relatively steady rupee against the US dollar. International oil benchmarks have shown limited volatility in recent sessions, reducing cost pressures on refiners and retailers. At the same time, there have been no changes in central excise duties or state-level value-added taxes on petrol and diesel, which together make up a significant portion of retail fuel prices in India.
Under India’s fuel pricing system, petrol and diesel prices are revised daily based on global crude oil trends, freight costs, currency movements and domestic taxation. While this mechanism allows prices to adjust quickly during periods of sharp global movement, it also means that rates can remain unchanged for extended periods when international and domestic factors remain balanced.
For consumers, the continued stability in fuel prices provides some predictability in daily commuting and transportation expenses. For businesses dependent on logistics and road transport, unchanged diesel prices help in keeping operating costs steady, particularly at a time when companies remain cautious about passing on higher costs to consumers.
Market observers note that unless there is a sharp movement in global crude oil prices or a change in tax policy, fuel prices are likely to remain range-bound in the near term. However, they also caution that geopolitical developments or sudden currency fluctuations could quickly alter the outlook.
As of February 9, 2026, petrol and diesel prices across India show no signs of immediate movement, marking another day of calm in the fuel market after months of intermittent volatility.
Disclaimer: The information presented in this article is intended for general informational purposes only. While every effort is made to ensure accuracy, completeness, and timeliness, data such as prices, market figures, government notifications, weather updates, holiday announcements, and public advisories are subject to change and may vary based on location and official revisions. Readers are strongly encouraged to verify details from relevant official sources before making financial, investment, career, travel, or personal decisions. This publication does not provide financial, investment, legal, or professional advice and shall not be held liable for any losses, damages, or actions taken in reliance on the information provided.
Last Updated on: Monday, February 9, 2026 2:46 pm by Business Byte Team | Published by: Business Byte Team on Monday, February 9, 2026 2:46 pm | News Categories: GENERAL, Trending
About Author
