Fuel Prices Jan 5, 2026: Know Your City's Rates & What Drives Them

Commodity
M
Moneycontrol•05-01-2026, 07:41
Fuel Prices Jan 5, 2026: Know Your City's Rates & What Drives Them
- •Daily petrol and diesel prices are updated at 6 AM by OMCs, influenced by international crude oil and rupee-dollar exchange rates.
- •Article provides latest fuel rates for major cities on January 5, 2026, including New Delhi, Mumbai, Kolkata, and Chennai.
- •Fuel prices have remained stable since May 2022 due to tax cuts by central and state governments.
- •Key factors determining fuel prices include crude oil costs, rupee-dollar exchange, government taxes, refining costs, and demand-supply.
- •Consumers can easily check daily fuel prices in their city via SMS using specific codes for Indian Oil, BPCL, and HPCL.
Why It Matters: Daily fuel prices are updated based on global crude, currency, and taxes; check your city's latest rates.
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