Fuel Price Check: Petrol Diesel Rates for Major Cities on January 24, 2026

Commodity
M
Moneycontrol•24-01-2026, 08:01
Fuel Price Check: Petrol Diesel Rates for Major Cities on January 24, 2026
- •Oil Marketing Companies (OMCs) release new petrol and diesel prices daily at 6 AM, influenced by international crude oil rates and dollar-rupee exchange.
- •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 costs, rupee-dollar exchange rate, government taxes, refining costs, and demand-supply balance.
- •Consumers can check daily fuel prices for major cities like New Delhi, Mumbai, Kolkata, Chennai, and Bengaluru.
- •SMS service is available for Indian Oil, BPCL, and HPCL customers to get real-time fuel prices.
Why It Matters: Daily fuel prices are updated by OMCs at 6 AM, influenced by global crude and currency rates, with stability due to tax cuts.
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