The prices of petrol and diesel change at 6 am every day. The new rates are applicable from 6 am. After adding excise duty, dealer commission and other things to the rates of petrol and diesel, its rate almost doubles. Petrol and diesel prices change every day, depending on what the prices of crude are in the international market along with the foreign exchange rate. On the basis of these standards, oil companies do the work of fixing the petrol price and diesel price daily. People running petrol pumps are dealers who sell petrol at retail prices after adding taxes and their own margins to the last of the customers. This cost is also added to the petrol price and diesel price.
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