Petrol and diesel prices today, Feb 19: Check latest fuel rates in your city

Feb 19, 2023 09:43 AM IST

The petrol and diesel prices are revised daily at 6 am, which is called dynamic pricing method. The oil prices are determined by oil companies like IOCL, BP & HPCL.

Petrol and diesel prices remained unchanged across the country on Sunday too. In the national capital, petrol is being sold at 96.72 per litre and diesel at 89.62 per litre as per the fuel prices released by the oil companies.

In India's financial capital Mumbai, the price of petrol stood at 106.31 while diesel is being sold at 94.27 per litre. In Chennai, the cost of petrol is 102.63 while the price of disesl stood at 94.24 per litre.

Here is a list of petrol and diesel prices in other cities of the country.

The petrol pump attendant said the car driver first asked him to fill up the tank and then also got several plastic cans filled, leading to a total bill of <span class='webrupee'>₹</span>26,500. (Reuters)
The petrol pump attendant said the car driver first asked him to fill up the tank and then also got several plastic cans filled, leading to a total bill of 26,500. (Reuters)

CITYPETROL PRICE (Rs/LITRE)DIESEL PRICE (Rs/LITRE)
KOLKATA106.0392.76
CHANDIGARH96.2084.26
LUCKNOW96.5789.76
SRIGANGANAGAR113.4898.24
PARBHANI109.4595.85

How are petrol prices determined in India?

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The petrol and diesel prices are revised daily at 6 am, which is called dynamic pricing method. The oil prices are determined by oil companies like IOCL, BP & HPCL. They are not controlled by the government, and need to adjust their prices according to global rates.

Earlier, the central government used to control the fuel prices which were revised after every 15 days. But the fuel prices were de-regulared in 2014. Since 2017, the petrol and diesel prices are revised daily.

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