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Petrol-diesel price (Source: Internet)
New Delhi: Now, the day begins not merely with the morning sunlight, but with the announcement of new petrol and diesel prices. Every day at 6:00 AM, oil companies release updated rates, which have a direct impact on the common man's pocket. From office-goers to small-scale traders, everyone is affected by this.
Petrol and diesel prices depend primarily on the cost of crude oil in the international market and the value of the Rupee against the US Dollar.
Since India imports the majority of its crude oil requirements, fluctuations in the global market are directly passed on to consumers within the country.
Following May 2022, both the Central and State governments implemented tax cuts, as a result of which significant price fluctuations were not observed. Although crude oil prices in the international market are constantly changing, their impact at the domestic level has remained limited.
Price changes are possible when demand rises during festivals and specific seasons.
Location : New Delhi
Published : 2 April 2026, 8:41 AM IST