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Petrol, Diesel Fresh Prices Announcement: Check Rates in your city on 16 February – News18


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Petrol and diesel price today: check city-wise rates across India including Delhi, Mumbai and Bengaluru

Petrol, diesel prices on 16 February.

Petrol, diesel prices today on February 16, 2025:Oil marketing companies (OMCs) update diesel and petrol prices every day in alignment with instability in global markets. The new rates become effective every day from 6 am. Factors affecting prices are international crude oil prices and currency exchange rates. This helps customers to get accurate and current fuel cost information.

Petrol diesel price in India today

Check the prices of city-wise petrol and diesel on 16 February:

CityPetrol priceDiesel price (Rs/liter)
Delhi94.7287.62
Mumbai103.4489.97
Chennai100.8592.44
Kolkata103.9490.76
Noida94.6687.76
Lucknow94.6587.76
Bengaluru102.8688.94
Hyderabad107.4195.65
Jaipur104.8890.36
Thiruvananthapuram107.6296.43
Bhuvaneshwar101.0692.91

In India, after the central government and various state governments reduced fuel taxes, fuel prices remained stable since May 2022.

Oil marketing companies (OMCs) update fuel prices daily at 6 am, reflecting changes in global crude oil prices. The government controls these prices using devices such as excise, base pricing and price cap.

Factors affecting petrol and diesel prices in India

  1. Crude oil prices: As a major raw material for the production of petrol and diesel, global crude oil prices have a direct impact on fuel costs in India.
  2. Exchange rate: India imports an important part of its crude oil, so the change in exchange rate between Indian rupees and US dollars changes fuel prices. A weak rupee usually leads to high fuel cost.
  3. Taxes: Petrol and diesel prices are subject to various taxes imposed by both central and state governments. These taxes can vary from state to state, the final value on the pump contribute significantly to the payment of consumers.
  4. Purification cost: The process of refining crude oil in petrol and diesel contains cost affecting fuel prices. These expenses can vary depending on factors such as crude oil type and refinery efficiency.
  5. demand: The balance of supply and demand plays an important role in determining fuel prices. Increasing demand for petrol and diesel usually leads to high prices, as suppliers adjust to market conditions.

Check the prices of petrol and diesel through SMS

You can easily check the latest petrol and diesel prices in your city through SMS. For Indian oil customers, read the city code after “RSP” by 9224992249. BPCL customers can send “RSP” to 922311222222, and HPCL customers can recite the current fuel prices at “HP Price” 922201122 to get the prices of fuel.

news Business Announcement of petrol, diesel fresh price: check rates in your city on 16 February



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