Fuel Prices Unchanged Since May 2022: Check Latest Petrol, Diesel Rates on Feb 16

• 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-US Dollar exchange rate, central and state taxes, refining costs, and demand-supply dynamics.
• Consumers can check city-wise prices for February 16, with New Delhi at ₹94.72/L for petrol and ₹87.62/L for diesel, and Mumbai at ₹104.21/L for petrol and ₹92.15/L for diesel.
• SMS services are available to check fuel prices: Indian Oil customers text "RSP <city code>" to 9224992249, BPCL customers text "RSP" to 9223112222, and HPCL customers text "HP Price" to 9222201122.