Petrol Diesel Price Today: Daily changing petrol and diesel prices now determine not just the cost of driving a vehicle but the direction of the entire economy. International crude oil prices, the dollar-rupee exchange rate, and the tax structure all influence fuel rates, which directly impact inflation and the general budget.
Petrol Diesel Price Today: Petrol and diesel prices now determine not just driving expenses for drivers, but also the country’s economy. International crude oil prices, the exchange rate of the rupee against the US dollar, and the Indian government’s tax structure—these three key factors—together determine the final fuel price. This is why even the slightest fluctuation in oil prices directly impacts everything from vegetable transportation to industrial production costs and daily inflation.
Daily changing prices now directly linked to the global market
Fuel prices now operate on a ‘real-time pricing mechanism,’ a daily price fluctuation model. This means that oil companies revise their prices daily in accordance with global crude oil prices. This model immediately reflects any sudden surge or decrease in consumer spending, quickly impacting the average person’s monthly budget.
Today’s prices in major cities
| City | petrol | Diesel |
| New Delhi | 94.77 rupees | 87.67 rupees |
| Mumbai | 103.50 rupees | 90.03 rupees |
| Kolkata | 105.41 rupees | 92.02 rupees |
| Chennai | 101.03 rupees | 92.61 rupees |
| Lucknow | 94.69 rupees | 87.81 rupees |
| Patna | 105.23 rupees | 91.49 rupees |
| Bengaluru | 102.92 rupees | 91.49 rupees |
| Hyderabad | 107.46 rupees | 95.70 rupees |
Every increase in fuel price affects inflation and pocket
The movement of petrol and diesel prices is directly related to the country’s transportation costs, inflation, and the average person’s employment rate. Rising fuel prices make everything more expensive, which can increase the risk of an economic recession. Therefore, this morning price update is no longer just news but an economic necessity for every citizen to keep their pockets and budgets in check.
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