Last update:November 15, 2024, 06:04 IST

Stay updated with the latest petrol and diesel prices in Mumbai, other cities for November 15, 2024. Find out the current rates per liter and understand the factors that influence daily fuel prices.

Petrol and diesel prices on November 15

Petrol and diesel prices today, November 15, 2024: Every day at 6 a.m. morning, oil marketing companies (OMCs) announce the price of gasoline and diesel, thereby maintaining consistency despite the inherent volatility of these commodities.. OMCs adjust prices in response to global crude oil prices and exchange rate fluctuations, ensuring that consumers are always informed of the latest fuel prices.

Petrol and Diesel Prices Today in India

Check the prices of gasoline and diesel in the city on November 15:

Factors Affecting Petrol and Diesel Prices in India

Crude oil prices: The main raw material for the production of gasoline and diesel is crude oil; as such, its price directly influences the final cost of these fuels.

The exchange rate between the Indian rupee and the US dollar: As India is a major importer of crude oil, the prices of petrol and diesel are also influenced by the exchange rate between the Indian Dollar and the US Dollar.

Tax: Various taxes on petrol and diesel are imposed by the central and state governments. These taxes may differ between states, exerting a notable influence on the final prices of gasoline and diesel.

The cost of refining: The final price of gasoline and diesel is further influenced by the expenses incurred in refining crude oil into these fuels. The refining process can be expensive and refining expenses can fluctuate depending on factors such as the type of crude oil used and the efficiency of the refinery.

Demand for gasoline and diesel: Demand for gasoline and diesel can also affect their prices. If demand for these fuels increases, it may cause prices to rise.

Find out the price of gasoline and diesel by SMS

You can also know the latest petrol and diesel prices in your city via SMS. If you are a customer of Indian Oil, then you will have to write RSP with city code and send it to 9224992249. If you are a customer of BPCL, you can get information about the new price of petrol and diesel by writing RSP and sending it to 9223112222. Whereas, if you are an HPCL customer, you can know the price of petrol and diesel by writing HP Price and sending it to 9222201122.