Fuel Price Update: Check Latest Petrol, Diesel Rates in Your City on February 6

• Oil Marketing Companies (OMCs) update petrol and diesel prices daily at 6 AM, reflecting global crude oil prices and currency exchange rates.
• Fuel prices in India have remained unchanged since May 2022, following 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.
• Consumers can check city-wise fuel prices via SMS by sending specific codes to Indian Oil, BPCL, or HPCL numbers.