Every day at six in the morning, oil marketing organisations (OMCs) update the pricing of petrol and diesel to reflect changes in the price of crude oil globally and in exchange rates. These frequent updates guarantee openness and give customers the most up-to-date and accurate information on gasoline prices.
Check City-Wise Petrol And Diesel Prices On April 28
| City | Petrol (₹/L) | Diesel (₹/L) |
| New Delhi | 94.72 | 87.62 |
| Mumbai | 104.21 | 92.15 |
| Kolkata | 103.94 | 90.76 |
| Chennai | 100.75 | 92.34 |
| Ahmedabad | 94.49 | 90.17 |
| Bengaluru | 102.92 | 89.02 |
| Hyderabad | 107.46 | 95.70 |
| Jaipur | 104.72 | 90.21 |
| Lucknow | 94.69 | 87.80 |
| Pune | 104.04 | 90.57 |
| Chandigarh | 94.30 | 82.45 |
| Indore | 106.48 | 91.88 |
| Patna | 105.58 | 93.80 |
| Surat | 95.00 | 89.00 |
| Nashik | 95.50 | 89.50 |
Since May 2022, when the national government and many state governments lowered gasoline taxes, fuel prices in India have stayed stable.
Every day at six in the morning, oil marketing organisations (OMCs) update gasoline prices in response to changes in the price of crude oil throughout the world. By using tools like price limits, base pricing, and excise taxes, the government controls these prices.
Factors Affecting India’s Diesel and Petrol Prices
- Crude Oil Prices: Changes in the price of crude oil, the primary raw material used to make petrol and diesel, directly affect fuel prices in India.
- Exchange Rate: Since a sizable amount of India’s crude oil is imported, fluctuations in the value of the Indian rupee relative to the US dollar have an impact on fuel costs. Higher gasoline prices are typically the result of a weaker rupee.
- Taxes: Both the federal and state governments apply a variety of taxes on the price of petrol and diesel. These taxes, which differ from one state to the next, have a big impact on the ultimate price that customers pay at the pump.
- Refining Costs: The expenses incurred during the conversion of crude oil into petrol and diesel have an impact on fuel pricing. The kind of crude oil processed and the refinery’s efficiency are two examples of variables that might affect these costs.
- Demand: A major factor in setting gasoline prices is the equilibrium between supply and demand. As suppliers adapt to market conditions, rising demand for petrol and diesel usually leads to increasing costs.
Check Petrol and Diesel Prices via SMS
With SMS, you can quickly find out the most recent rates for fuel and diesel in your city. Customers of Indian Oil can text “RSP” and the city code to 9224992249. To get the most recent gasoline prices, BPCL customers may text “RSP” to 9223112222, while HPCL customers can text “HP Price” to 9222201122.
