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Petrol Diesel Price Update: Oil companies have released new prices, know the latest price of your city in one click.

by Rajiv Mishra
March 1, 2026
in Business
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Petrol Diesel Price Update: Oil companies have released new prices, know the latest price of your city in one click.
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Every day starts not only with the rays of the sun but also with the new prices of petrol and diesel, which directly impacts the pockets of the common man. At 6 am, the country’s oil marketing companies (OMCs) release the latest rates, which are based on changes in crude oil prices in the international market and the dollar-rupee exchange rate. These changes impact everyday life – be it an office goer or a businessman selling fruits and vegetables. In such a situation, being conscious of daily prices is not only necessary but also wise. This system of the government ensures transparency so that consumers do not get any kind of misleading information.

Today’s petrol and diesel prices in your city

Here are the latest rates of petrol and diesel across major cities on 28th February 2026 –

New Delhi: Petrol ₹94.72. Diesel ₹87.62

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 have prices been stable for the last two years?

Tax cuts were made by the Center and many states from May 2022, after which the prices of petrol and diesel are seeing stability. Although there is volatility in the international market, prices have remained relatively stable for Indian consumers.

For what reasons are fuel prices decided?

Crude Oil Prices:
Petrol and diesel are mainly produced from crude oil. When international crude oil prices increase, it directly impacts the Indian market.

Rupee against dollar:
India mostly imports crude oil and it is purchased in dollars. If the rupee weakens, fuel will become expensive.

Government Taxes and Fees:
Central and state governments impose heavy taxes on petrol and diesel, which form a large part of the retail price. This is why prices vary in different states.

Cost of Refinement:
Expenditure is also incurred in the process of making crude oil usable (refining). These costs depend on the quality of crude oil and the capacity of the refinery.

Balance of demand and supply:
If the demand for fuel increases in the market then the prices also start increasing. Fuel consumption is high especially during festivals, summer or winter season.

How to check prices in your city via SMS?

If you want to know the fuel price from mobile, the process is easy:

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

BPCL Customers: Text “RSP” to 9223112222.

HPCL Customers: Text “HP PRICE” to 9222201122.

Tags: BusinessPersonal Finance

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