Petrol Diesel Price Today: New rates of petrol and diesel released, know the latest price of your city?

Petrol Diesel Price Today: Every day starts not only with the rays of the sun, but also with the new prices of petrol and diesel. Such rates which have a direct impact on the pocket of the common man. At 6:00 am, the country’s oil marketing companies (OMCs) release updated rates.

These rates are decided on the basis of fluctuations in international crude oil prices and changes in the dollar-rupee exchange rate. These changes impact everyday life. Be it a person going to office or a vendor selling fruits and vegetables.

Keeping track of daily price changes is not only important but also a wise move. This system implemented by the government ensures transparency, so that consumers can be protected from getting any kind of misleading information.

Today’s petrol and diesel prices in your city

New Delhi: Petrol 94.72, Diesel 87.62

Mumbai: Petrol 104.21, Diesel 92.15

Kolkata: Petrol 103.94, Diesel 90.76

Chennai: Petrol 100.75, Diesel 92.34

Ahmedabad: Petrol 94.49, Diesel 90.17

Bengaluru: Petrol 102.92, Diesel 89.02

Hyderabad: Petrol 107.46, Diesel 95.70

Jaipur: Petrol 104.72, Diesel 90.21

Lucknow: Petrol 94.69, Diesel 87.80

Pune: Petrol 104.04, Diesel 90.57

Chandigarh: Petrol 94.30, Diesel 82.45

Indore: Petrol 106.48, Diesel 91.88

Patna: Petrol 105.58, Diesel 93.80

Surat: Petrol 95.00, Diesel 89.00

Nashik: Petrol 95.50, Diesel 89.50

Why have prices remained stable for the last two years?

From May 2022, the central government and several state governments have implemented tax cuts, as a result of which petrol and diesel prices have remained stable. Although the international market continues to fluctuate, prices for Indian consumers have remained relatively stable.

What factors determine fuel prices?

• Crude Oil Prices: Petrol and diesel are mainly made from crude oil. When crude oil prices increase in the international market, it directly impacts the Indian market.
• Rupee vs Dollar: India imports most of its crude oil, which is purchased in US dollars. If the rupee weakens against the dollar, fuel becomes expensive.
• Government Taxes and Duties: Both the central and state governments impose heavy taxes on petrol and diesel, which form a large part of their retail price. This is the reason why fuel prices differ in different states.
• Cost of Refining: The process of converting crude oil into usable fuel (refining) also incurs costs. This cost depends on the quality of crude oil and the capacity of the refinery.
• Balance of demand and supply: If the demand for fuel increases in the market, the prices also start increasing. Generally, fuel consumption is higher during festivals, as well as in summer and winter seasons.

How to know fuel prices in your city through SMS?

If you want to know fuel prices from your mobile phone, the method is very simple:

• Customers of Indian Oil: Type your city code and send it to 9224992249 along with “RSP”.
• BPCL Customers: Type “RSP” and send it to 9223112222.
• HPCL Customers: Type “HP Price” and send it to 9222201122.