Daily Petrol and Diesel Prices Updated in India with Rates Accessible via SMS

Oil Marketing Companies in India update petrol and diesel prices daily at 6 AM based on global crude oil price fluctuations and currency exchange rates. Despite these daily revisions, fuel prices have remained unchanged since May 2022 following tax cuts by central and state governments. Prices are influenced by market factors and regulatory measures like excise duties and base pricing. Consumers can check current rates via SMS using specific codes for Indian Oil, BPCL, and HPCL.