Let us tell you that the prices of petrol and diesel change at 6 am every day. The new rates are applicable from 6 am in the morning. After adding excise duty, dealer commission and other things to the rates of petrol and diesel, its price almost doubles. Along with foreign exchange rates, the prices of petrol and diesel are changed every day based on what the prices of crude are in the international market. On the basis of these standards, oil companies do the work of fixing petrol price and diesel price daily. Although dealers are the people who run petrol pumps. They themselves sell petrol at retail prices after adding taxes and their own margins to the last of the consumers. This cost is also added to the petrol price and diesel price.
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