Petrol Price: Petrol prices today gave great relief to the general public, get your car tank filled quickly
Fuel prices vary from state to state due to local taxes such as VAT and freight charges. Here's the current price list for petrol and diesel in four major metro cities:
Fuel prices in India change daily based on international crude oil prices and the rupee-to-dollar exchange rate. These revisions are implemented every morning at 6 AM. On Monday, December 3, 2024, the new rates for petrol and diesel have been updated across the country. If you’re planning to refuel your vehicle, it’s important to know the latest prices in your city. Here’s a detailed breakdown of petrol and diesel prices in major Indian cities today.
Petrol and Diesel Prices in Major Cities
Fuel prices vary from state to state due to local taxes such as VAT and freight charges. Here’s the current price list for petrol and diesel in four major metro cities:
- Delhi: Petrol costs ₹94.72 per liter, while diesel is priced at ₹87.62 per liter.
- Mumbai: Petrol is ₹103.44 per liter, and diesel is ₹89.97 per liter.
- Kolkata: Petrol is priced at ₹103.94 per liter, with diesel at ₹90.76 per liter.
- Chennai: Petrol costs ₹100.85 per liter, while diesel is ₹92.44 per liter.
These prices are subject to daily fluctuations, so staying updated is crucial.
How to Check Petrol and Diesel Prices in Your City
Fuel prices are influenced by state taxes, so the rates can differ across cities. To know the petrol or diesel price in your city without visiting a fuel station, follow these simple steps:
- SMS Service by Indian Oil (IOCL):
- Open your phone’s messaging app.
- Type RSP <Your City Code> and send it to 9224992249.
- You will receive an SMS with the latest petrol and diesel prices in your area.
For example, if you’re in Delhi, the code for Delhi is 102. Sending RSP 102 to the number above will fetch you today’s fuel rates.
- Mobile Apps:
Download apps like Fuel@IOC or similar apps for real-time updates. - Official Websites:
Visit the websites of companies like Indian Oil, Bharat Petroleum, or Hindustan Petroleum for accurate pricing information.
Factors Affecting Fuel Prices in India
Petrol and diesel prices are determined by several factors, including:
- Crude Oil Prices: The global price of crude oil plays a major role in determining domestic fuel prices.
- Exchange Rate: The rupee-to-dollar exchange rate impacts the import cost of crude oil.
- State Taxes (VAT): States impose different VAT rates, leading to price variation across regions.
- Dealer Margins: Margins for fuel station owners also influence prices slightly.
Why Do Fuel Prices Vary Between Cities?
The disparity in petrol and diesel prices across cities can be attributed to local tax structures. For instance, Mumbai sees higher rates due to a significant VAT imposed by the Maharashtra government. In contrast, Delhi’s prices are comparatively lower due to a different tax framework.
