Fuel Prices January 17: Check Latest Petrol, Diesel Rates Across Major Indian Cities

• Oil Marketing Companies (OMCs) update petrol and diesel prices daily at 6 AM based on global crude oil prices and currency exchange rates.
• Petrol and diesel prices in India have remained unchanged since May 2022 due to tax reductions by central and state governments.
• Key factors influencing fuel prices include global crude oil prices, the Indian rupee's exchange rate against the US dollar, and central and state taxes.
• Refining costs and demand-supply dynamics also play a role in determining retail fuel prices.
• Customers can check daily fuel prices via SMS: Indian Oil (RSP <city code> to 9224992249), BPCL (RSP to 9223112222), and HPCL (HP Price to 9222201122).

Why It Matters: Daily fuel prices for January 17 are out, influenced by global crude and taxes, with rates stable since May 2022.