Petrol-Diesel Rate Today on April 26: Petrol and diesel prices impact the human pocket, which are updated every morning by Oil Marketing Companies (OMCs). Its prices are decided on the basis of crude oil prices in the international market and the dollar-rupee exchange rate. Its prices affect everyone from auto-rickshaw drivers to office goers. As for today, today on April 26, the prices of petrol and diesel remain stable in major cities of the country, while the tension in West Asia is at its peak due to the war in Iran. Due to this, the interruption in energy supply through the Strait of Hormuz seems to be affecting the entire world.
Petrol-diesel rate today
| City | Petrol price (per litre) | Diesel price (per litre) |
| Delhi | 94.77 | 87.67 |
| Mumbai | 103.54 | 90.03 |
| Kolkata | 105.45 | 92.02 |
| Chennai | 100.80 | 92.39 |
| Bengaluru | 102.92 | 90.99 |
| Bhopal | 106.52 | 91.89 |
| Bhubaneswar | 101.10 | 92.69 |
| Dehradun | 93.17 | 88.01 |
| Gangtok | 103.35 | 90.45 |
How is the price of petrol and diesel decided?
- As already said, the prices of petrol and diesel in the country are decided on the basis of international crude oil prices. Both petrol and diesel are produced from crude oil, hence the increase in prices in the global oil market affects the fuel rates in the country.
- Apart from this, heavy taxes are imposed on petrol and diesel by both the central and state governments. This is the reason why the rates of petrol and diesel differ in states. The retail price seen by consumers at the pump also includes transportation costs and prevailing demand-supply conditions.
- Also, crude oil is refined to make it usable. The expenses incurred on this also determine the prices of petrol and diesel. The cost of refining generally depends on the quality of the crude oil and the capacity of the refinery.
- India imports large quantities of crude oil, which is purchased in dollars. In such a situation, if the rupee weakens against the dollar, then the cost of importing crude oil increases. This affects consumers also.
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