Petrol and diesel prices in India are directly to the everyday life of the common man. Be it going to office, dropping kids at school or transporting vegetables and essential commodities—fuel prices influence every decision. This is the reason why the prices of petrol and diesel in the country are updated every day at exactly 6 am, so that consumers can get the correct information on time.
Oil marketing companies (OMCs) like Indian Oil, Bharat Petroleum and Hindustan Petroleum fix new rates daily keeping in mind the crude oil prices in the international market and the position of the rupee against the dollar. The process is completely transparent and aims to provide consumers with prices as per the actual market situation.
In today’s time, fuel is not limited to vehicles only. It also affects the prices of transport, rent, food items and services. In such a situation, if you keep an eye on the daily rates, you can plan your expenses and travel better. This information becomes very important especially for employed people, businessmen and people associated with logistics.
Today the prices of petrol and diesel in big cities of the country are as follows –
There is variation in prices in different cities due to taxes imposed by state governments.
After May 2022, the central government and many state governments had reduced the tax on petrol and diesel. Since then, prices have remained relatively stable. Although the prices of crude oil keep changing continuously in the international market, efforts are being made to provide relief to the consumers at the domestic level.
It is wise to stay updated every day, as fuel prices affect both your pocket and future planning.
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