Stay updated with the latest petrol and diesel prices in Mumbai, other cities for November 20, 2024. Discover the current rates per litre and understand the factors influencing daily fuel prices.
Petrol, Diesel Prices Today On November 20, 2024: Every morning at 6 a.m., oil marketing companies (OMCs) announce the price of petrol and diesel, maintaining consistency despite these commodities’ inherent volatility. The OMCs modify prices based on changes in global crude oil prices and fluctuations in foreign exchange rates, ensuring that consumers are always updated with the most current fuel prices.
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Petrol Diesel Price Today In India
Check city-wise petrol and diesel prices on November 20:
City | Petrol Price (Rs/litre) | Diesel Price (Rs/litre) |
Delhi | 94.72 | 87.62 |
Mumbai | 103.44 | 89.97 |
Chennai | 100.85 | 92.44 |
Kolkata | 103.94 | 90.76 |
Noida | 94.66 | 87.76 |
Lucknow | 94.65 | 87.76 |
Bengaluru | 102.86 | 88.94 |
Hyderabad | 107.41 | 95.65 |
Jaipur | 104.88 | 90.36 |
Trivandrum | 107.62 | 96.43 |
Bhubaneswar | 101.06 | 92.91 |
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Factors Influencing Petrol and Diesel Prices in India
- Crude Oil Prices: As crude oil is the main raw material for producing petrol and diesel, its price directly impacts the cost of these fuels.
- Exchange Rate: Since India is a major importer of crude oil, fluctuations in the exchange rate between the Indian rupee and the US dollar affect the prices of petrol and diesel.
- Taxes: Petrol and diesel prices are subject to various taxes imposed by both central and state governments. These taxes can vary across states, significantly affecting the final price.
- Refining Costs: The cost of refining crude oil into petrol and diesel also plays a role in determining fuel prices. Refining expenses can vary depending on factors such as the type of crude oil used and the refinery’s efficiency.
- Demand: The demand for petrol and diesel can also influence their prices. An increase in demand typically leads to higher fuel prices.
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Check Petrol and Diesel Prices via SMS
You can easily check your city’s latest petrol and diesel prices through SMS. For Indian Oil customers, send the city code and “RSP” to 9224992249. BPCL customers can send “RSP” to 9223112222, while HPCL customers can text “HP Price” to 9222201122 to get the current fuel prices.