Fresh Petrol and Diesel Prices Announced – Check Your City’s Rates
The most recent gasoline and diesel prices in various Indian towns were issued by oil marketing companies (OMCs) on October 18, 2024. Every day at 6 a.m., prices are adjusted to reflect changes in global crude oil prices and exchange rates. Here are the updated costs in some major cities:
| 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 Fuel Prices
Several factors cause the cost of gasoline and oil to fluctuate every day:
Crude Oil Prices: The primary raw material for petrol and diesel production is crude oil, and its price directly impacts the cost of these fuels.
Exchange Rates: Indian fuel prices are affected by the exchange rate between the Indian rupee and the US dollar because India buys a lot of crude oil.
Taxes: Both central and state governments impose various taxes on petrol and diesel, which can differ across states.
Refining Costs: The end prices are also affected by how much it costs to refine crude oil into gasoline and diesel.
Demand: Prices for gasoline and diesel can change based on demand. Usually, when demand is great, prices go up.
How to Check Prices
SMS makes it easy for people to find out what the current gas and diesel prices are in their city:
Indian Oil: Send “RSP” followed by the city code to 9224992249.
BPCL: Send “RSP” to 9223112222.
HPCL: Send “HP Price” to 9222201122.
Conclusion
It is critical to understand current fuel prices while budgeting and planning daily expenses. Because OMCs modify their rates on a daily basis, clients may simply obtain the most current prices and make informed decisions.
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