Petrol, Diesel Prices Announced for Jan 2: Check Latest Rates in Your City

• OMCs update petrol and diesel prices daily at 6 AM, aligning with global crude oil prices and currency exchange rates.
• Fuel prices in India have remained unchanged since May 2022 due to tax reductions by central and state governments.
• Key factors influencing prices include global crude oil rates, INR-USD exchange rate, central and state taxes, refining costs, and demand-supply dynamics.
• Consumers can check latest city-wise prices via SMS using specific codes for Indian Oil, BPCL, and HPCL.
• Specific city prices for January 2, 2026, are provided, showing variations across major Indian cities.

Why It Matters: Petrol and diesel prices for January 2, 2026, are out, influenced by global crude and taxes.