Oil marketing companies released fresh petrol and diesel prices on January 5, 2026. Fuel rates remained largely unchanged in major cities, though a few states saw minor increases. Prices continue to vary across India due to state-level taxes and local levies. Motorists can check the latest petrol and diesel prices below to plan their fuel expenses better.
Petrol Price Today on January 5, 2026: State-Wise Rates
Petrol prices differ across states because VAT and local taxes vary. Oil companies such as Indian Oil, BPCL and HPCL revise fuel prices daily at 6 am, based on global crude oil rates and currency movement.
Petrol Price Across Indian States (Rs per litre)
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Diesel Price Changes January 5, 2026
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Why Petrol and Diesel Prices Change Every Day
India follows a daily fuel pricing system introduced in 2017. Prices are revised every morning based on:
- Global crude oil prices
- Dollar-rupee exchange rate
- Dealer commission
- Central excise duty and state VAT
Even small changes in international markets can impact fuel rates locally.
Petrol Diesel Price Impact on Daily Life
Higher fuel bills hit your pocket fast. Filling a 10-liter bike tank in Delhi costs about Rs 950 today. Cars with 50-liter tanks in Mumbai run over Rs 5,000. Families feel it at grocery stores since trucks pay more to deliver veggies and milk. Good news for two-wheelers many run on CNG in Delhi at half the petrol cost. Electric bikes grow popular too, saving long-term. Track apps like MyPetrolPump give live rates by GPS to find cheap stations nearby
How Fuel Prices Affect Daily Expenses
Rising fuel prices increase commuting and household costs. A 10-litre petrol refill in Delhi costs nearly Rs 950, while a full car tank in Mumbai can cross Rs 5,000. Higher diesel prices also push up the cost of food and essential goods due to transport expenses.
Government Policy and Future Fuel Prices
In India, the central government controls excise duty, while state governments manage VAT on petrol and diesel, which is why fuel prices vary across states. Authorities are continuously reviewing policies to rationalize taxes and stabilize rates. Plans to encourage electric vehicles (EVs) and reduce fossil fuel dependence could impact fuel demand in the long run. Any updates in the upcoming budget may also influence petrol and diesel prices nationwide, so consumers are advised to stay updated daily.
