Pocket Check: Petrol & Diesel Prices Today (December 15) and Why They Don’t Move

Every day begins not just with sunlight, but with the new fuel prices. Let’s be real, the moment those new rates drop at 6 AM, it has a direct impact on everyone—the office commuter, the street vendor, or nothing.

Add businessleague.in as a Preferred Source

The government insists this daily update system ensures transparency, but the kicker is, prices have been suspiciously stable for the last two years.

Here are the key rates for December 15, and then we’ll get into why they haven’t shifted.

Also Read | John Cena Retires: John Cena bids farewell to the WWE Universe, losing to ‘The Champ’ in his final match.

Major City Rates (Prices per Litre)

Why the Two-Year Freeze?

The thing is, the international crude oil market constantly fluctuates. We see the news; oil goes up, oil goes down. And yet, for the Indian consumer, prices have remained relatively stable since May 2022.

Also Read | John Cena Retires: John Cena bids farewell to the WWE Universe, losing to ‘The Champ’ in his final match.

The key reason? Tax Cuts.

• The Centre and several states implemented significant tax and excise cuts in May 2022.

• This intervention absorbed the volatility of the international market, leading to a period of stability for consumers, even when global crude prices moved.

What Actually Determines the Price?

Even with the stability, four major factors are in play that determine the final price you pay at the pump:

1. Crude Oil Prices: Petrol and diesel are produced from crude oil. International crude price hikes directly impact the Indian market because we are massive importers.

2. Rupee-Dollar Rate: India buys most of its crude in US dollars. If the rupee weakens against the dollar, the imported fuel becomes more expensive in local currency.

3. Government Taxes: Federal and state governments slap heavy taxes and duties on fuel. This is a huge chunk of the final retail price. And then Y follows (This is why prices vary so much between states).

4. Refining Cost: The process of turning crude oil into usable fuel (refining) costs money. This depends on the quality of the crude and the refinery’s operational capacity.

Also Read | John Cena Retires: John Cena bids farewell to the WWE Universe, losing to ‘The Champ’ in his final match.

Quick Check: How to Get Your Local Price by SMS

Don’t want to rely on the news? You can easily check the updated prices on your mobile.

• Indian Oil: Type RSP followed by your city code and send it to 9224992249.

• BPCL: Type RSP and send it to 9223112222.

• HPCL: Type HP Price and send it to 9222201122.

Also Read | John Cena Retires: John Cena bids farewell to the WWE Universe, losing to ‘The Champ’ in his final match.

Disclaimer: This information is based on the daily price release by Oil Marketing Companies on December 15, 2025…..

Add businessleague.in as a Preferred Source