Columbus

Global Crude Oil Fluctuations Impact Indian Petrol and Diesel Prices

Global Crude Oil Fluctuations Impact Indian Petrol and Diesel Prices
Last Updated: 26-02-2025

International crude oil prices continue to fluctuate. As of February 26, 2025, Brent Crude is priced at $73.22 per barrel, while WTI Crude is trading at $69.10 per barrel. Recent global demand fluctuations and OPEC+ production policies have significantly impacted oil prices. Furthermore, economic indicators from the United States and China are also influencing the oil market. The effects of these fluctuations are visible in the Indian market, potentially leading to increased petrol and diesel prices and impacting consumers.

Petrol and Diesel Prices in Major Cities?

• Delhi: Petrol ₹96.72 per litre, Diesel ₹89.62 per litre
• Mumbai: Petrol ₹106.31 per litre, Diesel ₹94.27 per litre
• Chennai: Petrol ₹102.63 per litre, Diesel ₹94.24 per litre
• Kolkata: Petrol ₹106.03 per litre, Diesel ₹92.76 per litre

Fuel Prices in Other Major Cities?

• Bengaluru: Petrol ₹101.94 per litre, Diesel ₹87.89 per litre
• Hyderabad: Petrol ₹109.66 per litre, Diesel ₹97.82 per litre
• Jaipur: Petrol ₹108.48 per litre, Diesel ₹93.72 per litre
• Patna: Petrol ₹107.24 per litre, Diesel ₹94.04 per litre
• Chandigarh: Petrol ₹96.20 per litre, Diesel ₹84.26 per litre

How are Prices Determined?

Petrol and diesel prices in India are largely dependent on international crude oil prices. Indian Oil Marketing Companies review prices based on international crude oil rates and set daily petrol and diesel prices accordingly. Indian Oil, Bharat Petroleum, and Hindustan Petroleum update petrol and diesel prices for six different cities every morning.

Check Petrol-Diesel Prices in Your City via SMS

State-specific taxes and other levies cause petrol and diesel prices to vary across cities. To easily check the latest fuel prices in your city, you can use SMS services.

For IOC (Indian Oil) customers: Send RSPDealer Code to 9224992249.
For BPCL (Bharat Petroleum) customers: Send RSPDealer Code to 9223112222.
For HPCL (Hindustan Petroleum) customers: Send HPPRICEDealer Code to 9222201122.

Leave a comment