There are continuous fluctuations in the prices of petrol and diesel. Oil companies release new rates of petrol and diesel every day at 6 am. New rates have also been released today, 16 January 2025. Let us know what are the prices of petrol and diesel in major cities of the country today and what has been the change in prices in the last few days.
Petrol and diesel prices depend on crude oil prices in the international market, foreign exchange rates and taxes imposed by the government. Based on all these factors, oil companies decide new rates daily. It is very important for the common man to know what are the prices of petrol and diesel in his city, so that he can prepare his budget accordingly.
Overview of petrol and diesel prices
| Description | Information |
| Date of release of new rates | 16 January 2025 |
| Time of release of new rates | 6:00 am |
| Petrol price in Delhi | ₹94.72 per liter |
| diesel price in delhi | ₹87.67 per liter |
| Petrol price in Mumbai | ₹103.44 per liter |
| diesel price in mumbai | ₹90.03 per liter |
| Petrol price in Kolkata | ₹103.94 per liter |
| Diesel price in Kolkata | ₹91.82 per liter |
Petrol and diesel prices in major cities
Let us now take a look at the prices of petrol and diesel in major cities of the country:
Petrol and diesel rates in Delhi
Today the price of petrol in the capital Delhi is ₹ 94.72 per liter, while diesel is being sold at ₹ 87.67 per liter. There has been no change in the prices of petrol and diesel in Delhi for the last few days.
Petrol and diesel rates in Mumbai
Today in Mumbai, petrol is being sold at the rate of ₹ 103.44 per liter and diesel at ₹ 90.03 per liter. Petrol and diesel prices in Mumbai are higher than other metros in the country.
Petrol and diesel rates in Kolkata
Today petrol price in Kolkata is ₹103.94 per litre, while diesel is being sold at ₹91.82 per litre. There has been no change in prices in Kolkata for the last few days.
Petrol and diesel rates in Chennai
In Chennai today petrol is being sold at the rate of ₹ 100.85 per liter and diesel at ₹ 92.39 per liter. A slight decline has been seen in the price of petrol in Chennai.
Reason for change in petrol and diesel prices
There are several reasons behind the change in prices of petrol and diesel:
- Crude oil prices in the international market: When the prices of crude oil increase in the international market, petrol and diesel become expensive in the domestic market also.
- Foreign Exchange Rate: Fluctuations in the value of rupee against dollar also affect the prices of petrol and diesel.
- Government Taxes: Taxes imposed by the Central and State Governments also affect the prices of petrol and diesel.
- Margin of oil companies: Oil companies also change prices for their profits.
Impact of petrol and diesel prices on the common man
Changes in the prices of petrol and diesel have a direct impact on the pockets of the common man. When fuel is expensive, people have to pay more for their vehicles. Apart from this, due to increase in transport costs, prices of vegetables and other essential goods also increase.
Impact of petrol and diesel prices:
- increase in transportation costs
- increase in inflation rate
- decrease in people’s savings
- Additional burden on small businesses
Measures to reduce prices of petrol and diesel
Both the government and the general public can take some measures to reduce the prices of petrol and diesel:
Measures from the government:
- tax reduction
- Buying crude oil at cheap rates from the international market
- increasing domestic oil production
Measures from the general public:
- save fuel
- greater use of public transportation
- adoption of electric vehicles
Future of petrol and diesel prices
Experts believe that the prices of petrol and diesel may continue to fluctuate in the coming times. Due to changes in crude oil prices and foreign exchange rates in the international market, the domestic market will also be affected.
Possible scenarios in future:
- Development of alternative fuel sources
- Growing trend of electric vehicles
- improve fuel efficiency
How to get information about petrol and diesel prices
You can get information about the latest prices of petrol and diesel in your city in the following ways:
- Official website of oil companies
- mobile application
- SMS service
- Inquiry at petrol pump
conclusion
The prices of petrol and diesel keep changing continuously. It is important for the common man to keep an eye on these prices and prepare his budget accordingly. The government and oil companies should also take such measures so that fuel prices remain under control and there is no additional burden on the general public.
Disclaimer
This article has been written for informational purposes only. The prices of petrol and diesel keep changing daily, so for latest information you can contact your nearest petrol pump or the official website of the oil companies. The information given in this article is at the time of writing and is subject to change.
