Indian Oil Corporation [IOC] — excess price for petrol in chennai in most of the pumps

Address:Nungambakkam, 600034

In most of the indian oil petrol pumps stations petrol price per litre in high when compared to petrol price of the day.
Ioc says that they have all rights to fix the price.
Then why govt says this the price for the day and it is chaged according to the state and city, but here ioc changes the price according to there needs as they want.
If ioc has all rights to change the price and fix it, then why govt should provide different price.
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    Indian Oil Corporation [IOC] Phone
    +91 99 1155 4411
    +91 98 4882 4365
    +91 81 2402 4365
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    SCOPE Complex, Core-2 7, Institutional Area, Lodhi Road, New Delhi, Delhi, India - 110003
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