Petrol, Diesel New Rates Declared: Check Fuel Prices in Your City on August 4
Petrol, Diesel Rate on August 4: View City-Wise Prices Across India Including Delhi, Mumbai and Chennai
Petrol and Diesel Prices on August 4, 2025: Public sector oil marketing firms (OMCs) revise the petrol and diesel rates daily at 6 AM, in line with global crude oil trends and currency exchange rate variations. This daily adjustment helps maintain transparency and ensures consumers get the most accurate and up-to-date fuel price details.
Petrol and Diesel Price Today in India
Here’s a look at city-wise petrol and diesel rates on August 4:
Major Factors Behind Petrol and Diesel Pricing
Petrol and diesel prices in India have largely stayed constant since May 2022, after excise duty cuts by the central government and several states.
Oil Marketing Companies (OMCs) revise fuel prices every day at 6 am, factoring in changes in the global crude oil market. Although these rates are theoretically linked to international market prices, they are also affected by regulatory mechanisms such as excise duty rates, base pricing policies, and informal price ceilings.
Important Elements Influencing Fuel Prices in India
- Crude Oil Rates: International crude oil prices play a crucial role in determining petrol and diesel costs, as crude is the core raw material for fuel production.
- Exchange Rate: Since India imports the majority of its crude oil, the value of the Indian rupee against the US dollar has a strong impact on fuel prices. A weaker rupee usually means higher prices.
- Taxation: A significant portion of the fuel price at retail level comes from taxes levied by both the Centre and states. These taxes differ from state to state, causing variation in fuel prices across regions.
- Refining Charges: The cost involved in converting crude oil into petrol and diesel also affects final prices. These can change based on the type of crude and refinery operations.
- Demand and Supply Conditions: Fuel demand influences market prices. When demand rises, prices may go up as supply adjusts accordingly.
How to Know Petrol and Diesel Rates by SMS
You can quickly check the petrol and diesel prices in your city through SMS.
- For Indian Oil customers: Type the city code followed by “RSP” and send it to 9224992249
- For BPCL users: Send “RSP” to 9223112222
- For HPCL customers: Send “HP Price” to 9222201122 to get the updated fuel price
