Petrol, Diesel Prices Updated for Jan 7: Check Latest Rates in Your City Now!

• OMCs update petrol and diesel prices daily at 6 AM, aligning them with global crude oil and currency exchange rates.
• Fuel prices in India have remained unchanged since May 2022 due to central and state government tax reductions.
• Key factors influencing prices include global crude oil costs, INR-USD exchange rate, central/state taxes, refining costs, and demand-supply dynamics.
• Consumers can check daily prices via SMS by sending specific codes to Indian Oil, BPCL, or HPCL numbers.
• Specific city rates for January 7, 2026, are provided, including New Delhi (₹94.72/L petrol) and Mumbai (₹104.21/L petrol).

Why It Matters: Daily fuel prices for Jan 7, 2026, are out; check city rates and understand influencing factors.