Fuel Prices Today: Check Latest Petrol Diesel Rates in Major Cities

• Oil marketing companies release new petrol and diesel rates daily at 6 AM, influenced by international crude oil prices and the dollar-rupee exchange rate.
• Prices for major cities on February 01, 2026: New Delhi Petrol ₹94.72, Diesel ₹87.62; Mumbai Petrol ₹104.21, Diesel ₹92.15; Kolkata Petrol ₹103.94, Diesel ₹90.76; Chennai Petrol ₹100.75, Diesel ₹92.34.
• Fuel prices have remained stable since May 2022 due to tax cuts by central and state governments, despite international market fluctuations.
• Key factors determining fuel prices include crude oil prices, rupee-dollar exchange rate, government taxes, refining costs, and demand-supply balance.
• Consumers can check daily fuel prices in their city via SMS by sending specific codes to designated numbers for Indian Oil, BPCL, and HPCL.

Why It Matters: Daily fuel prices are updated at 6 AM, influenced by global crude oil and currency rates, with stability since May 2022.