Diesel prices in India are based on dynamic fuel pricing system and hence revised on a regular basis. The diesel rates are revised at 6 am every day. This dynamic pricing ensures that even a ...

Cost of the Crude oil – The cost of the crude oil in the global market plays a very important role in determining the diesel prices in the domestic market. The rising crude oil prices in the ...

The state-based oil marketing companies in India determine the prices of diesel based on crude oil rates in the global market. The crude oil prices are currently volatile and fluctuate every now ...

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The real-time price of Brent crude oil is at $77.10 per barrel, and the price of WTI crude oil is at $74.14 per barrel. Oil prices are customarily quoted in dollars (USD) around the world, not only in ...

Fuel prices play a vital role in the country's economic growth, as an increase or decrease in rates has a direct impact on the level of inflation. Earlier, oil prices were revised on a monthly basis.