Fuel Prices February 3: Check Latest Petrol, Diesel Rates in Your City

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News18•03-02-2026, 07:26
Fuel Prices February 3: Check Latest Petrol, Diesel Rates in Your City
- •Petrol and diesel prices for February 3, 2026, have been announced, with daily revisions by OMCs at 6 AM.
- •Prices are influenced by global crude oil fluctuations, currency exchange rates, and government taxes.
- •Key factors include crude oil prices, INR-USD exchange rate, central and state taxes, refining costs, and demand-supply dynamics.
- •Fuel prices in India have remained stable since May 2022 due to tax reductions by central and state governments.
- •Consumers can check daily fuel prices via SMS using specific codes for Indian Oil, BPCL, and HPCL.
Why It Matters: Daily petrol and diesel prices for February 3 are out, influenced by global crude and taxes.
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