Image Source : Moneycontrol
1. National Price Snapshot
Oil Marketing Companies (OMCs) released updated fuel prices at 6 AM on July 23, maintaining the status quo across major cities.
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Delhi: Petrol ₹94.72/litre, Diesel ₹87.62/litre
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Mumbai: Petrol ₹104.21/litre, Diesel ₹92.15/litre
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Chennai: Petrol ₹100.75/litre, Diesel ₹92.34/litre
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Kolkata: Petrol ₹103.94/litre, Diesel ₹90.76/litre
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Bengaluru: Petrol ₹102.92/litre, Diesel ₹89.02/litre
2. Regional Variations and Influencing Factors
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Prices vary due to statelevel VAT, freight charges, and local levies
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Jaipur and Hyderabad continue to report higher rates due to elevated tax structures
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Chandigarh and Lucknow remain among the more affordable zones
3. Why Prices Remain Unchanged
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Fuel rates have been largely stable since May 2022 following central and state tax cuts
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Global crude oil prices and rupeedollar exchange rates remain key determinants
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Regulatory buffers and informal price caps help absorb market volatility
4. How to Check CityWise Rates
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Indian Oil: SMS city code + RSP to 9224992249
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BPCL: Send RSP to 9223112222
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HPCL: Text HP Price to 9222201122
5. Outlook and Market Dynamics
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Brent crude trades at USD 68.75 per barrel, up 0.23 percent
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Demandsupply trends and geopolitical cues may influence future revisions
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Consumers advised to monitor daily updates for realtime accuracy
Sources: News18, NewsBytes, Economic Times, Reuters India, Hindustan Times, Moneycontrol July 2025 Fuel Tracker
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