Petrol Diesel Price Today: New prices of petrol and diesel released in major cities of the country; Know today’s latest price from Lucknow, Delhi to Mumbai and how to check.

One of the things that most affects the everyday life and household budget of a common man is-Fuel prices. Every day at 6 am, new rates of petrol and diesel are released by the country’s government oil marketing companies (OMCs) like Indian Oil, Bharat Petroleum and Hindustan Petroleum. These prices are decided on the basis of crude oil prices in the international market and the position of the rupee against the dollar.

today means 16 July 2026 Oil companies have also updated the latest rates for all major cities of the country. Let us know at what price petrol and diesel are being sold in your city today.

Latest rates of petrol and diesel in major cities on 16 July 2026

There is slight variation in prices due to local tax (VAT) and freight cost in different states and cities of the country. Today’s retail prices in major cities are given in the table below:

After all, why do prices change in different states? (Fuel Pricing)

The final retail price of petrol and diesel in India mainly depends on 5 big factors:

1. Global price of Crude Oil: India imports about 80-85% of its crude oil requirement from abroad. Therefore, any movement in crude prices in the international market directly affects domestic prices.

2. Dollar-Rupee Exchange Rate: Internationally, crude oil is traded in US dollars. If the Indian rupee weakens against the dollar, oil companies have to pay more to buy oil, making the fuel costlier.

3. Government Tax & VAT: This is the biggest reason why there is a difference in prices between Delhi and Mumbai. The central government imposes excise duty on it, while every state government collects VAT and cess on it at different rates as per its convenience.

4. Refining and Dealer Commission: The cost of converting crude oil into petrol and diesel by bringing it to the refinery and the commission paid to petrol pump owners (dealers) are also added to the final price.

5. demand and supply: When fuel consumption in the country suddenly increases during weather changes, festivals or agricultural seasons, it has a partial impact on prices.

How to check today’s rate through SMS from your mobile while sitting at home?

If you want to know the exact price of petrol and diesel in your city by just sending a message without internet, then oil companies have given a very easy process for this:

• Indian Oil (IOCL) Customers: in the message box of your mobile RSP code of your city type and it 9224992249 SMS on (To know the city code you can visit IOCL website).

• BPCL Customers: from your phone By writing RSP 9223112222 Send message to.

• HPCL Customers: in the message By writing HP Price 9222201122 Send it to the number.

As soon as you send the message, within a few seconds you will receive a return SMS from the oil company on your mobile with today’s latest rates.