Every day at 6 a.m., oil marketing companies (OMCs) announce the prices of petrol and diesel, ensuring consistency despite the inherent volatility of these commodities. OMCs adjust fuel prices based on global crude oil rates and fluctuations in foreign exchange, keeping consumers informed about the latest fuel costs.
Petrol and Diesel Prices in India (October 1)
Here are the city-wise petrol and diesel prices for today:
| City | Petrol Price (Rs/litre) | Diesel Price (Rs/litre) |
|---|---|---|
| Delhi | 94.72 | 87.62 |
| Mumbai | 103.44 | 89.97 |
| Chennai | 100.85 | 92.44 |
| Kolkata | 103.94 | 90.76 |
| Noida | 94.66 | 87.76 |
| Lucknow | 94.65 | 87.76 |
| Bengaluru | 102.86 | 88.94 |
| Hyderabad | 107.41 | 95.65 |
| Jaipur | 104.88 | 90.36 |
| Trivandrum | 107.62 | 96.43 |
| Bhubaneswar | 101.06 | 92.91 |
Factors Influencing Petrol and Diesel Prices in India
- Crude Oil Price: The primary raw material for petrol and diesel is crude oil. Therefore, changes in crude oil prices directly impact the cost of these fuels.
- Exchange Rate: As India imports a significant amount of crude oil, the exchange rate between the Indian rupee and the US dollar affects petrol and diesel prices.
- Taxes: Both central and state governments impose various taxes on petrol and diesel. These taxes can vary by state, significantly influencing the final prices.
- Refining Costs: The expenses involved in refining crude oil into petrol and diesel also contribute to the final price. These costs can vary based on the type of crude oil used and the efficiency of the refinery.
- Demand: Fluctuations in demand for petrol and diesel can lead to price changes. An increase in demand generally results in higher prices.
Checking Prices via SMS
You can also find out the latest petrol and diesel prices in your city through SMS:
- Indian Oil Customers: Text RSP followed by your city code to 9224992249.
- BPCL Customers: Send RSP to 9223112222.
- HPCL Customers: Text HP Price to 9222201122.