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Every day at 6:00 a.m., the price of petrol and diesel is revised.

Prior to this, prices were revised every two weeks.

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Fuel prices are revised on a daily basis under this system, taking into account global crude oil prices and currency conversion rates.

In India, the system is used in 58,000 petrol bunks.

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It allows fuel users to pay market-determined prices regardless of the impact.

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