Current Prices for petrol and diesel On February 3, 2024: Regardless of whether they are rising or staying constant, the costs of petrol and diesel are disclosed every morning at six a.m. Oil marketing corporations (OMCs) are the ones that drive this daily event by modifying pricing in response to global crude oil prices and fluctuations in foreign exchange rates.
News Today on Fuel Diesel Prices
Delhi Fuel & Diesel Cost
As of February 3, a litre of petrol costs Rs 96.72 in Delhi, while a litre of diesel costs Rs 89.62.
Mumbai Fuel & Diesel Cost
On February 3, petrol prices in Mumbai were still more than Rs 100 a litre, at Rs 106.31, while diesel was priced at Rs 94.27 per litre.
Check the cost of gas and diesel in each city on February 3:
| CITY | PETROL PRICE (RS/LITRE) | DIESEL PRICE (RS/LITRE) |
| Chennai | 102.63 | 94.24 |
| Kolkata | 106.03 | 92.76 |
| Noida | 96.79 | 89.96 |
| Lucknow | 96.57 | 89.76 |
| Bengaluru | 101.94 | 87.89 |
| Hyderabad | 109.80 | 97.82 |
| Jaipur | 108.48 | 93.72 |
| Trivandrum | 109.73 | 98.53 |
| Bhubaneswar | 103.19 | 94.76 |
In India, value-added tax (VAT), municipal taxes, and freight costs all have an impact on the cost of fuel and diesel, resulting in different prices for each state.
Since the federal government and some states reduced gasoline taxes in May 2022, the fuel rates have not altered.
Every day at six in the morning, OMCs adjust gasoline retail prices based on the global price of crude oil. The government regulates fuel prices through price ceilings, base pricing, and taxation on excise.
