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Petrol Diesel Prices: New rates of petrol and diesel released, oil has become cheaper in many cities today

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Petrol Diesel Price Today: Every day begins not just with the sun’s rays, but also with the new prices of petrol and diesel, which directly impact the common man’s pocket. At 6 am, the country’s oil marketing companies (OMCs) release the latest rates, which are based on changes in international crude oil prices and the dollar-rupee exchange rate. These changes affect everyday life—whether it’s an office-goer or a fruit and vegetable vendor.

Therefore, keeping up to date with daily prices is not only essential but also prudent. This government system ensures transparency so that consumers don’t receive misleading information.

Today’s petrol-diesel price in your city

Below are the latest rates for major cities across the country as of September 22:

  • New Delhi: Petrol ₹94.72 per litre, diesel ₹87.62 per litre
  • 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 are prices stable for the last two years ?

Petrol and diesel prices have been stabilizing since May 2022, following tax cuts by the central government and several states. While international markets fluctuate, prices for Indian consumers have remained relatively stable.

What are the reasons for determining fuel prices ?

  1. Crude oil prices:

Petrol and diesel are produced primarily from crude oil. When international crude oil prices rise, this directly impacts the Indian market.

  1. Rupee against the dollar:

India imports most of its crude oil, and it is purchased in dollars. If the rupee weakens, fuel becomes more expensive.

  1. Government taxes and fees:

The central and state governments levy heavy taxes on petrol and diesel, which constitute a significant portion of the retail price. This is why prices vary across states.

  1. Cost of Refining:

Refining crude oil also involves costs, which depend on the quality of the crude oil and the refinery’s capacity.

  1. Balance of Demand and Supply:

If fuel demand increases, prices also tend to rise. Fuel consumption is particularly high during festivals, summer, or winter.

How to check prices in your city  through SMS  ?

If you want to check fuel prices on your mobile, the process is simple:

Indian Oil  Customers: Type your city code and send it along with “RSP” to 9224992249.

BPCL  Customers: Text “RSP” and send it to 9223112222.

HPCL  Customers: Text “HP Price” and send it to 9222201122.

Pravesh Maurya
Pravesh Maurya
Pravesh Maurya, has 5 years of experience in writing Finance Content, Entertainment news, Cricket and more. He has done BA in English. He loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @ businessleaguein@gmail.com
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