India’s domestic fuel rates remained stable on November 30 as Oil Marketing Companies (OMCs) published the latest revision at 6 AM, continuing the daily practice of aligning retail prices with global crude trends and currency movements.
Petrol, Diesel Prices Across Major Cities on November 30
Fuel prices showed no major fluctuations across the country. Here are the city-wise rates:
- New Delhi: Petrol ₹94.72/litre, Diesel ₹87.62/litre
- Mumbai: Petrol ₹104.21/litre, Diesel ₹92.15/litre
- Kolkata: Petrol ₹103.94/litre, Diesel ₹90.76/litre
- Chennai: Petrol ₹100.75/litre, Diesel ₹92.34/litre
- Ahmedabad: Petrol ₹94.49/litre, Diesel ₹90.17/litre
- Bengaluru: Petrol ₹102.92/litre, Diesel ₹89.02/litre
- Hyderabad: Petrol ₹107.46/litre, Diesel ₹95.70/litre
- Jaipur: Petrol ₹104.72/litre, Diesel ₹90.21/litre
- Lucknow: Petrol ₹94.69/litre, Diesel ₹87.80/litre
- Pune: Petrol ₹104.04/litre, Diesel ₹90.57/litre
- Chandigarh: Petrol ₹94.30/litre, Diesel ₹82.45/litre
- Indore: Petrol ₹106.48/litre, Diesel ₹91.88/litre
- Patna: Petrol ₹105.58/litre, Diesel ₹93.80/litre
- Surat: Petrol ₹95.00/litre, Diesel ₹89.00/litre
- Nashik: Petrol ₹95.50/litre, Diesel ₹89.50/litre
Why Fuel Prices Have Stayed Steady
Fuel prices in India have largely remained unchanged since May 2022, when the Centre and several states announced significant tax cuts to ease consumer burden. Although OMCs revise rates daily, retail prices are influenced not only by global crude fluctuations but also by regulatory interventions such as excise duty structures and internal pricing mechanisms.
What Drives Petrol and Diesel Prices?
A range of economic and market factors shape the final cost of fuel:
- Global Crude Oil Prices: The biggest determinant, as India imports most of its crude requirements.
- Rupee–Dollar Exchange Rate: Depreciation of the rupee directly increases import costs.
- Taxes: Central excise duty and state VAT form a major portion of the pump price, causing inter-state variations.
- Refining and Distribution Costs: Processing charges, transportation, and dealer commissions add to retail prices.
- Demand Patterns: Seasonal consumption shifts can push rates up or down based on supply alignment.
How to Check Fuel Rates via SMS
Consumers can check real-time fuel prices without the internet:
- Indian Oil: SMS —
RSP <city code>to 9224992249 - BPCL: SMS —
RSPto 9223112222 - HPCL: SMS —
HP PRICE <city>to 9222201122
These services provide instant updates based on your selected location.