BUSINESS

Petrol, Diesel Fresh Prices Announced: Know Latest Rates In Your City On December 27

Petrol And Diesel Price Today: Check City-Wise Rates Across India Including In Delhi, Mumbai And Kolkata.

Petrol, Diesel Prices Today On December 27, 2024: Oil marketing companies (OMCs) update petrol and diesel prices every day at 6 AM to ensure transparency and reflect the volatility in global markets. These daily adjustments take into account fluctuations in international crude oil prices and currency exchange rates, allowing consumers to receive accurate and current fuel cost information.

Read More: Rupee Hits Fresh All-Time Low Of 85.24, Falls 9 Paise Against Dollar

Petrol Diesel PriceToday In India

Check city-wise petrol and diesel prices on December 27:

CityPetrol Price (Rs/litre)Diesel Price (Rs/litre)
Delhi94.7287.62
Mumbai103.4489.97
Chennai100.8592.44
Kolkata103.9490.76
Noida94.6687.76
Lucknow94.6587.76
Bengaluru102.8688.94
Hyderabad107.4195.65
Jaipur104.8890.36
Trivandrum107.6296.43
Bhubaneswar101.0692.91

In India, fuel prices have remained steady since May 2022, after the central government and various state governments reduced fuel taxes. Oil marketing companies (OMCs) update fuel prices daily at 6 a.m., reflecting changes in global crude oil prices. The government controls these prices using tools such as excise taxes, base pricing, and price caps.

Read More: Condoms, chips, toothbrushes, and more: What India ordered the most on Swiggy Instamart in 2024

Factors Influencing Petrol and Diesel Prices in India

  1. Crude Oil Prices: As the key raw material for producing petrol and diesel, fluctuations in global crude oil prices have a direct impact on fuel costs in India.
  2. Exchange Rate: India imports a significant portion of its crude oil, so changes in the exchange rate between the Indian rupee and the US dollar influence fuel prices. A weaker rupee generally leads to higher fuel costs.
  3. Taxes: Petrol and diesel prices are subject to various taxes imposed by both the central and state governments. These taxes can vary from state to state, contributing significantly to the final price consumers pay at the pump.
  4. Refining Costs: The process of refining crude oil into petrol and diesel incurs costs that influence fuel prices. These expenses can vary based on factors such as the type of crude oil processed and the efficiency of the refinery.
  5. Demand: The balance of supply and demand plays a crucial role in determining fuel prices. Increased demand for petrol and diesel typically results in higher prices, as suppliers adjust to market conditions.

Read More: Cryptocurrency Price Today (December 26): Bitcoin Stable At $98,000, Bitget Token Becomes Top Gainer

Check Petrol and Diesel Prices via SMS

You can easily check the latest petrol and diesel prices in your city through SMS. For Indian Oil customers, text the city code followed by “RSP” to 9224992249. BPCL customers can send “RSP” to 9223112222, and HPCL customers can text “HP Price” to 9222201122 to receive the current fuel prices.

Source :
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Most Popular

To Top