Petrol, Diesel Prices Today, June 4, 2026: Fuel Rates Remain Unchanged Across Major Cities Even as Patna Records Biggest Rise

Mumbai, June 4: Petrol and diesel prices remained largely steady across India’s major metro cities and state capitals on Thursday, with only minor revisions recorded in select locations. While fuel rates in New Delhi, Kolkata, Mumbai and Hyderabad were mostly steady, cities such as Patna, Noida and Gurugram saw noticeable increases. The latest revisions come as retail fuel rates continue to react to state-level taxes, VAT and transportation costs.  

State-owned fuel retailers on May 25 had raised petrol and diesel prices for the fourth time in 10 days, as a sharp rise in global crude oil prices squeezed marketing margins. Petrol prices were increased by ₹2.61 per litre, while diesel rates were hiked by ₹2.71 per litre. 

Moreover, global oil prices saw a pullback on Thursday after Israel and Lebanon agreed to implement a ceasefire, raising hopes that tensions across the Middle East could ease. The pullback came after crude prices had surged earlier this week on concerns that escalating hostilities could disrupt global energy supplies.  

Brent crude futures fell 0.9% to $96.9 a barrel, while U.S. West Texas Intermediate (WTI) crude dropped by the same amount to $95.2 a barrel. 

Petrol Prices 

Petrol prices remained largely stable across India’s major metro cities and state capitals on Thursday, with only marginal changes reported in select locations. Prices in New Delhi, Kolkata and Hyderabad remained unchanged at ₹102.12, ₹113.47 and ₹115.69 per litre, respectively, reflecting a broadly steady fuel pricing environment. 

Among the major cities, Chennai saw a modest increase of 10 paise to ₹107.87 per litre, while Mumbai went through a marginal decline of 3 paise to ₹111.18. Bengaluru’s petrol price edged up by 2 paise to ₹110.93 per litre, and Chandigarh saw a 3-paise increase to ₹101.54. Regional variations were more pronounced in some cities, with Noida and Gurgaon registering increases of 46 paise and 35 paise, respectively, while Patna posted the sharpest rise among the listed cities, climbing 87 paise to ₹114.24 per litre. 

On the downside, Bhubaneswar and Jaipur saw prices fall by 33 paise and 32 paise, respectively, while Lucknow recorded a 15-paise decline. Hyderabad and Thiruvananthapuram continued to be among the costliest markets, with petrol retailing above ₹115 per litre, whereas Chandigarh remained the cheapest among the listed cities at ₹101.54 per litre. The variation in retail fuel prices across states is primarily driven by differences in local taxes, VAT rates and transportation costs. 

Diesel Prices 

Diesel prices remained largely stable across major Indian cities on Thursday, with only minor revisions reported in a handful of locations. Prices in New Delhi, Kolkata, Mumbai, Bengaluru, Chandigarh and Hyderabad were unchanged from the previous day, indicating limited movement in retail fuel rates despite volatility in global crude oil markets. Diesel continued to retail at ₹95.20 per litre in the national capital and ₹97.83 in Mumbai, while Hyderabad remained among the costliest markets at ₹103.82 per litre. 

Among cities witnessing changes, Patna recorded the steepest increase, with diesel prices rising 84 paise to ₹100.20 per litre. Noida and Gurgaon also saw notable increases of 42 paise and 34 paise, respectively, while Chennai and Thiruvananthapuram registered modest gains. On the other hand, Bhubaneswar, Jaipur and Lucknow reported declines of 32 paise, 31 paise and 17 paise, respectively. Thiruvananthapuram remained the most expensive market among the listed cities, with diesel priced at ₹104.41 per litre, while Chandigarh continued to offer the cheapest diesel at ₹89.47 per litre. Variations in retail fuel prices across states are largely attributable to differences in local taxes, VAT rates and transportation costs. 

Source: goodreturns.in