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 pocket of the common man. At 6 am, the country’s oil marketing companies (OMCs) release the latest rates based on changes in international crude oil prices and the dollar-rupee exchange rate. These changes impact everyday life—be it an office goer or a fruit-vegetable seller. Therefore, it is not only important but also wise to stay updated with the daily prices. This government system ensures transparency so that consumers do not get misleading information.
Petrol and diesel prices in your city today
The latest petrol and diesel rates for big cities till March 3, 2026 are –
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?
Since May 2022, petrol and diesel prices have remained stable following tax cuts by the central government and several states. Although there are fluctuations in the international market, the prices for Indian customers have remained quite stable.
What factors determine fuel prices?
Crude Oil Prices:
Petrol and diesel are mainly made from crude oil. When international crude oil prices increase, it directly impacts the Indian market.
Rupee against dollar:
India imports most of its crude oil, and it is purchased in dollars. If the rupee weakens, fuel becomes expensive.
Government Taxes and Duties:
Central and state governments impose heavy taxes on petrol and diesel, which form a large part of the retail price. For this reason there is difference in prices across states.
Refining Cost:
There is also a cost in the process of making crude oil usable (refining). This cost depends on the quality of crude oil and the capacity of the refinery.
Demand and supply balance:
If the demand for fuel increases in the market, the prices also increase. Fuel consumption is especially high during festivals, summer or winter.
How to check prices in your city through SMS?
If you want to check fuel prices from mobile, the process is simple:
Indian Oil Customers: Type your city code and send it along with “RSP” to 9224992249.
BPCL Customers: Text “RSP” to 9223112222.
HPCL Customers: Text “HP Price” to 9222201122.
