Petrol and Diesel Prices on October 4, 2025: Latest Updates and How Prices Are Determined.
Oil marketing companies (OMCs) in India update petrol and diesel prices daily at 6 a.m., reflecting fluctuations in global crude oil prices and currency exchange rates. This daily revision ensures transparency and gives consumers access to the most accurate fuel prices.
Petrol and Diesel Prices Today in India
Check city-wise petrol and diesel prices for October 4. Fuel prices across India have remained relatively stable since May 2022, following reductions in central and state taxes.
OMCs calculate daily prices based on global crude oil trends, while the government regulates them through excise duties, base pricing, and price caps.
Factors Affecting Fuel Prices in India
Crude Oil Prices: Global crude oil costs directly influence petrol and diesel prices.
Exchange Rate: India imports a large portion of its crude, so a weaker rupee generally increases fuel costs.
Taxes: Central and state taxes vary across regions, significantly affecting pump prices.
Refining Costs: The cost to refine crude into petrol and diesel can vary based on crude type and refinery efficiency.
Demand: Higher demand for fuel often leads to increased prices as suppliers respond to market conditions.
How to Check Petrol and Diesel Prices via SMS
Consumers can get the latest fuel prices in their city through SMS:
Indian Oil: Text the city code followed by “RSP” to 9224992249
BPCL: Send “RSP” to 9223112222
HPCL: Text “HP Price” to 9222201122
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