Petrol and Diesel Price Today, October 8, 2026: Hyderabad Rates Unchanged as Crude Oil Climbs Above $102
Petrol and diesel prices remained steady across major Indian cities on October 8, 2026. Hyderabad petrol is around ₹115.69/litre and diesel ₹103.82/litre, even as Brent crude climbed above $102 amid renewed Middle East supply concerns.
Motorists refuelling at a petrol station in Hyderabad as petrol and diesel prices remain stable despite higher crude oil prices
Table of Contents (24 sections)
Petrol and diesel prices remained broadly unchanged across India's major cities on Thursday, October 8, 2026, giving motorists another day of relative stability at fuel stations even as international crude-oil prices moved higher.
For Hyderabad motorists, widely reported city rates this morning put petrol at about ₹115.69 per litre and diesel at about ₹103.82 per litre. Delhi, Mumbai, Kolkata and Chennai also showed no major change in the daily rates published early Thursday.
The domestic stability comes at a time when the global oil market is moving in the opposite direction.
Brent crude climbed above $102 a barrel during Thursday's session as traders reacted to continuing security risks in the Middle East and increased threats to shipping in the Gulf and Strait of Hormuz. India imports most of the crude oil it consumes, so a sustained period of expensive oil—and a weaker rupee—can increase pressure on the country's import bill and on oil-marketing companies.
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That does not, however, mean petrol or diesel prices will automatically rise tomorrow.
Retail fuel pricing in India depends on more than the daily movement in Brent crude. Exchange rates, taxes, refining and freight costs, oil-company margins and government policy can all influence what consumers ultimately pay.
For now, the practical message for motorists is straightforward:
Major-city pump prices are broadly stable today, while the risk of future price pressure has increased because global crude remains expensive.
Petrol and Diesel Price Today: October 8, 2026
Here are the widely reported retail rates for selected major cities on Thursday morning:
City
Petrol Price
Diesel Price
Delhi
₹102.12/litre
₹95.20/litre
Mumbai
₹111.21/litre
₹97.83/litre
Kolkata
₹113.51/litre
₹99.82/litre
Chennai
₹107.76/litre
₹99.55/litre
Hyderabad
₹115.69/litre
₹103.82/litre
Today's reports from multiple business-news outlets show the same Delhi, Mumbai, Kolkata and Hyderabad figures above, with only very small inconsistencies appearing in some city trackers for certain other locations.
Fuel prices can also differ slightly between individual outlets because of local transportation costs, dealer-level factors or the specific rate feed being used. Consumers making a large purchase should therefore check the displayed price at their chosen pump before filling up.
Diesel Price Today in Hyderabad
For readers searching specifically for diesel price today Hyderabad, the widely reported October 8 rate is:
Hyderabad diesel: approximately ₹103.82 per litre.
Hyderabad continues to have a higher diesel price than Delhi, Mumbai, Kolkata and Chennai in today's major-city comparison.
That difference is not simply because fuel itself costs more to produce in Telangana.
Retail petrol and diesel prices vary by location because taxes and other local components differ from state to state. Petrol and diesel remain outside the Goods and Services Tax framework, meaning state-level taxation continues to play an important role in the final pump price.
Petrol Price Today in Hyderabad
For petrol, the reported Hyderabad price on October 8 is:
Hyderabad petrol: approximately ₹115.69 per litre.
At that level, Hyderabad remains one of the costlier large Indian cities in today's comparison.
For a motorist buying 20 litres, a price of ₹115.69 per litre would mean a fuel bill of roughly ₹2,313.80.
For 40 litres, the cost would be approximately ₹4,627.60.
Actual billing depends on the litres dispensed and the price displayed at the specific retail outlet.
Are Petrol and Diesel Prices Increasing Today?
For the major cities listed above, no broad increase is being reported on October 8.
State-run oil marketing companies have kept the principal metro rates steady despite volatile global crude markets. Recent reports say domestic retail rates have remained comparatively stable while oil companies absorb part of the international price movement.
That distinction is important.
A rise in crude oil today does not necessarily produce a rise in petrol or diesel tomorrow.
International crude is only one part of India's fuel-pricing equation.
Why Is Crude Oil Rising Today?
The main driver on October 8 is renewed concern about supply from the Middle East.
Reuters reported Brent crude gaining as attacks on shipping intensified in the Gulf and around the Strait of Hormuz, one of the world's most important energy transit routes. Earlier Thursday, Brent was around $101.53 a barrel and WTI around $89.39. Later reporting showed Brent moving above $102.
The market is particularly sensitive to the Strait of Hormuz because, before the current conflict, shipments equivalent to roughly 20% of global oil and fuel supply moved through the route.
More attacks on tankers do not automatically mean exports stop, but they can increase:
shipping risk;
insurance expenses;
freight charges;
delivery uncertainty;
and the geopolitical premium embedded in oil prices.
Those higher costs can eventually affect importing countries.
Strait of Hormuz Traffic Adds to Concern
Shipping conditions around Hormuz remain one of the most important variables for oil traders.
Reuters reported on October 8 that commodity-vessel movements through the strait had fallen to their lowest level in more than two months following increased attacks on tankers. Crude moving through Hormuz was also below earlier wartime highs, even though producers have been using alternative export routes where possible.
For India, this matters because disruption in the Gulf can affect both the price of crude and the cost of transporting it.
Even when sufficient barrels remain available globally, more expensive freight and insurance can increase the effective landed cost of imported oil.
Why Rising Crude Does Not Immediately Raise Petrol Prices
This is one of the most important questions in today's fuel-price story.
Indian retail petrol and diesel prices do not move in perfect one-to-one alignment with Brent crude.
Several variables sit between the global crude price and the amount shown on a petrol-pump display.
Crude-Oil Cost
India buys large quantities of crude from international suppliers.
Higher benchmark prices can raise refinery input costs.
Rupee-Dollar Exchange Rate
Most international oil trade is denominated in US dollars.
A weaker Indian rupee means Indian refiners need more rupees to purchase the same dollar-priced barrel.
Reuters reported that the rupee had fallen to 96.7750 per US dollar on Wednesday, close to its record low, with higher oil adding to pressure on the currency.
That creates a double challenge: crude can become more expensive in dollars while the currency used to buy those dollars weakens.
Refining Costs
Crude oil must be converted into petrol, diesel and other usable fuels.
Refinery economics can therefore affect marketing margins independently of the headline Brent price.
Freight and Insurance
Shipping disruption can increase costs even without a severe physical shortage.
This is particularly important when tanker security deteriorates in strategic waterways.
Central and State Taxes
Taxes remain a large component of the retail fuel bill.
State taxation also helps explain why motorists in Hyderabad can pay substantially more than drivers in Delhi for the same litre of petrol or diesel.
Dealer Margins and Local Costs
Distribution expenses and dealer commissions form another part of the retail price.
Will Petrol Price Increase in India?
There is no confirmed nationwide PSU petrol-price increase announced for October 8.
That is the most accurate answer today.
However, the probability of pricing pressure becomes greater if several conditions persist together:
Brent stays above $100 for an extended period;
the rupee weakens further;
tanker and freight costs remain elevated;
refinery margins deteriorate;
international petrol and diesel prices remain high;
or oil-marketing companies' losses become difficult to absorb.
None of those factors guarantees a pump-price increase.
They simply increase the economic pressure that policymakers and oil companies must manage.
A September 23 report citing government sources said there was no proposal at that time to raise petrol and diesel prices despite expensive crude. Because that statement was made more than two weeks ago, it should not be treated as a guarantee that prices cannot change later in October.
Could the Government Intervene Again?
Yes, policy intervention is possible, but it should not be assumed in advance.
During earlier stages of the Middle East energy crisis, the Government of India used measures including excise-duty changes and other supply-management steps to limit the effect on consumers.
For example, the Petroleum Ministry said in March that excise duty on petrol and diesel had been reduced by ₹10 per litre while public-sector oil companies continued absorbing under-recoveries rather than passing the entire international price shock to consumers.
That shows the government has tools available.
It does not mean the same intervention will automatically be repeated if oil rises again.
Any future decision would depend on market conditions, fiscal considerations, oil-company finances, inflation and government policy.
What Are Oil Companies Facing?
Higher crude can become increasingly difficult for fuel retailers if retail prices remain unchanged for a long period.
Recent reporting has indicated pressure on marketing margins, particularly as international crude and refined-product prices remain elevated.
Private retailer Nayara Energy recently raised petrol and diesel prices at its own outlets, highlighting the pressure faced by companies when international costs rise faster than retail selling prices. State-run companies, however, dominate India's retail-fuel network and their pricing decisions have remained more stable.
Consumers should therefore distinguish between:
PSU retail rates,
private-retailer prices, and
bulk or commercial fuel pricing.
They are not necessarily identical.
Why Hyderabad Fuel Prices Are Higher Than Delhi
Today's price gap is substantial.
Using the widely reported October 8 figures:
Hyderabad petrol: ₹115.69/litre
Delhi petrol: ₹102.12/litre
That is a difference of ₹13.57 per litre.
For diesel:
Hyderabad diesel: ₹103.82/litre
Delhi diesel: ₹95.20/litre
That is a difference of ₹8.62 per litre.
The primary reason retail fuel prices vary across states is the differing tax structure, along with logistics and local cost components.
Consumers should therefore not interpret a higher Hyderabad price as evidence that crude oil supplied to Hyderabad is necessarily more expensive by the same amount.
What Does $100+ Brent Mean for India?
Sustained oil above $100 has implications beyond petrol pumps.
India relies heavily on imported crude, so expensive oil can affect:
the country's import bill;
inflation;
the rupee;
transport costs;
aviation;
logistics;
corporate margins;
government finances;
and household spending.
Reuters reported Thursday that higher oil was already adding pressure to the rupee after the currency weakened following the Reserve Bank of India's latest policy decision.
Higher oil can also affect companies that consume large quantities of fuel directly or use petroleum-derived raw materials.
The final impact depends heavily on how long elevated prices last.
A short geopolitical spike is different from crude remaining above $100 for several months.
What Could Push Petrol and Diesel Higher?
Motorists should watch five developments over the coming days.
1. Brent Crude
A sustained move significantly above current levels would increase pressure on refiners and fuel retailers.
2. Strait of Hormuz Security
More shipping attacks or a significant interruption in tanker movements could push oil and freight costs higher.
3. Indian Rupee
Further rupee depreciation against the dollar would make imported oil more expensive in domestic-currency terms.
4. Government Policy
Excise duty or other fiscal measures can influence how much of the international price movement reaches consumers.
5. Oil-Marketing Company Decisions
Public-sector OMC pricing remains crucial because they account for most fuel retailing in India.
What Could Keep Fuel Prices Stable?
Several developments could ease the pressure:
Middle East tensions decline;
shipping becomes safer;
crude falls below $100;
the rupee strengthens;
alternative oil supplies increase;
emergency stock releases calm markets;
or government measures offset part of the cost.
The International Energy Agency has already moved to accelerate releases from existing oil-stock plans while prioritising diesel supplies as governments respond to strained international energy markets.
Strategic reserves can help reduce short-term supply pressure, but they do not create permanent new production capacity.
Should You Fill Your Tank Today Because Prices May Rise?
There is currently no verified reason for panic buying.
No nationwide PSU fuel-price hike has been announced for October 8.
Buying fuel normally according to actual travel requirements is more sensible than reacting to speculation about tomorrow's price.
Fuel prices, oil markets and government policy can change quickly, so consumers should distinguish between:
confirmed pump prices today and possible future price pressure.
The first is factual.
The second remains uncertain.
How Often Are Petrol and Diesel Prices Updated?
India follows a daily fuel-pricing framework, with rates generally updated at around 6 a.m.
However, not every daily review results in a visible price change.
Prices can remain unchanged for days or weeks even while global crude fluctuates.
That is exactly what motorists are seeing today across many major cities.
Petrol Price Today: Quick Answer
Delhi: ₹102.12/litre
Mumbai: ₹111.21/litre
Kolkata: ₹113.51/litre
Chennai: ₹107.76/litre
Hyderabad: ₹115.69/litre
Rates reflect widely reported October 8 city figures and consumers should verify their individual outlet before purchase.
Diesel Price Today: Quick Answer
Delhi: ₹95.20/litre
Mumbai: ₹97.83/litre
Kolkata: ₹99.82/litre
Chennai: ₹99.55/litre
Hyderabad: ₹103.82/litre
Will Petrol Price Increase Tomorrow?
There is no reliable way to state that petrol will increase tomorrow unless an official price revision is announced.
Current conditions point to higher cost pressure, not a confirmed increase.
Brent crude above $100, Middle East shipping risks and rupee weakness all matter, but retail rates may still stay unchanged if oil companies or government policy absorb the pressure.
Any headline claiming petrol “will definitely increase” tomorrow would therefore go beyond the available evidence.
October 8 Fuel Market Snapshot
As of Thursday morning:
Domestic retail fuel: broadly stable in major metros.
Hyderabad petrol: about ₹115.69/litre.
Hyderabad diesel: about ₹103.82/litre.
Brent crude: above $102 during Thursday trading.
WTI: around the high-$80s per barrel earlier Thursday.
Main international risk: Middle East shipping security and Strait of Hormuz disruption.
India-specific risk: high crude combined with a weak rupee.
Confirmed nationwide PSU price hike today: No.
Bottom Line
Petrol and diesel prices are broadly steady across India's major cities on October 8, 2026, despite renewed upward pressure in the international oil market.
Hyderabad motorists are seeing petrol at around ₹115.69 per litre and diesel at approximately ₹103.82 per litre, according to widely reported Thursday rates. Delhi, Mumbai, Kolkata and Chennai are also largely unchanged.
The bigger question is what happens next.
Brent crude has moved above $102 as attacks on shipping and uncertainty around the Strait of Hormuz revive concerns about Middle East supplies. At the same time, the rupee remains under pressure, increasing the cost risk for an oil-importing economy such as India.
Those conditions could create pressure for future adjustments.
They do not mean a petrol or diesel increase has already been decided.
For consumers, the correct position today is simple:
Pump prices are broadly stable. Global crude is rising. Future retail prices remain uncertain and should be tracked through confirmed daily revisions rather than speculation.
Frequently Asked Questions
What is the petrol price today in Hyderabad?
The widely reported Hyderabad petrol price for October 8, 2026 is about ₹115.69 per litre.
What is the diesel price today in Hyderabad?
The widely reported Hyderabad diesel price is about ₹103.82 per litre on October 8.
Did petrol prices increase today?
No broad increase is being reported across the major metros covered here on October 8.
Did diesel prices increase today?
Major-city diesel prices are also broadly steady in today's early published rates.
What is petrol price today in Delhi?
Delhi petrol is approximately ₹102.12 per litre.
What is diesel price today in Delhi?
Delhi diesel is approximately ₹95.20 per litre.
Why is petrol more expensive in Hyderabad than Delhi?
Different state tax structures, distribution costs and other retail-price components lead to significant city-to-city differences.
Will petrol price increase because crude oil crossed $100?
Not necessarily. High crude increases cost pressure, but retail petrol prices also depend on the rupee, taxes, oil-company margins and government policy.
Will petrol price increase tomorrow?
No confirmed nationwide increase for tomorrow can be stated at this stage. Check the next daily revision rather than relying on predictions.
Why is crude oil rising today?
Middle East supply concerns and increased attacks on shipping around the Gulf and Strait of Hormuz are supporting oil prices.
How often do petrol prices change in India?
Rates are reviewed daily, generally around 6 a.m., although the actual retail price can remain unchanged after a review.
Can petrol prices differ between pumps?
Small differences can occur depending on the outlet, location, retailer and applicable local costs. Always use the price displayed at the pump as the final transaction rate.
Bottom Line
Petrol and diesel prices stay steady in major Indian cities on October 8. Hyderabad petrol is about ₹115.69/litre and diesel ₹103.82/litre. Brent crude above $102 raises future pressure, but no hike has been announced.
The Rajatheertha Team publishes news, explainers, guides and updates across India and the world. Our coverage follows Rajatheertha's editorial, verification and corrections standards.
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