Petrol and Diesel Prices Cut from October 20, 2026

The government has reduced petrol and diesel prices effective October 20, 2026. Petrol is Rs. 381.14 per litre, down Rs. 5.16, and diesel is Rs. 389.27 per litre, down Rs. 7.69.

In this article we set out the new prices and the limit on how much relief they are said to bring. Here is everything you need to know.

What the new petrol and diesel prices are

The petrol cut is Rs. 5.16 a litre, to Rs. 381.14. The diesel cut is Rs. 7.69 a litre, to Rs. 389.27. The announcement calls the cuts the biggest relief since August, and it also says fuel prices remain high for consumers. No other fuel is given a new price.

Why it matters

Both main road fuels are cheaper from October 20, 2026, with diesel falling by more per litre than petrol. The "biggest since August" claim is about the size of this cut, not a statement that fuel is now cheap.

• The effective date is October 20, 2026
• Petrol is Rs. 381.14 per litre
• The petrol cut is Rs. 5.16
• Diesel is Rs. 389.27 per litre
• The diesel cut is Rs. 7.69
• The relief is called the biggest since August
• Prices are still described as high

What this notification leaves open

1. Prices for other fuels.
2. How long these rates will last.
3. The August cut these are being compared with.

What happens next

The new petrol and diesel rates apply from October 20, 2026. We will update this article if a later notification changes them.

Our verdict

From October 20, 2026, petrol is Rs. 381.14 a litre, down Rs. 5.16, and diesel is Rs. 389.27, down Rs. 7.69. The cuts are called the biggest relief since August, while prices remain high.

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