Petrol and Diesel Prices Today, June 1, 2026: Petrol, Diesel Prices Largely Steady Across Major Cities; Jaipur, Noida See Increases

Mumbai, June 1:Petrol and diesel prices remained broadly unchanged across India’s major metro cities and state capitals on Monday, with only minor revisions reported in select locations. While New Delhi, Kolkata and Hyderabad saw no change in fuel rates, Jaipur, Noida and Thiruvananthapuram recorded modest increases. Bengaluru, meanwhile, registered the sharpest decline in both petrol and diesel prices among the tracked cities, highlighting the continued impact of state-level taxes and local levies on retail fuel prices.

State-owned fuel retailers on May 25 raised petrol and diesel prices for the fourth time in 10 days, as soaring crude oil prices continued to squeeze their marketing margins. Petrol prices were increased by ₹2.61 per litre, while diesel prices were hiked by ₹2.71 per litre.

Moreover, India has reduced export duties on petrol, diesel and aviation turbine fuel (ATF) for the fortnight beginning June 1, as part of its regular review mechanism linked to international crude and fuel prices. The export duty on petrol has been cut to ₹1.5 per litre, while diesel and ATF export duties have been set at ₹13.5 per litre and ₹9.5 per litre, respectively. There has been no change in excise duties on petrol and diesel meant for domestic consumption.

The move is expected to provide some relief to refiners and fuel exporters amid heightened volatility in global energy markets following recent geopolitical tensions in the Middle East. Export duty rates are reviewed every fortnight based on average international prices of crude oil and refined fuels, allowing the government to adjust levies in line with changing market conditions.

Petrol Prices

Petrol prices remained largely stable across major Indian cities on Monday, though select state capitals and urban centreswitnessed marginal revisions. New Delhi and Kolkata saw no change, with petrol continuing to retail at ₹102.12 per litre and ₹113.47 per litre, respectively. Hyderabad also remained unchanged at ₹115.73 per litre, retaining its position among the costliest metro markets.

Among cities that saw revisions, Jaipur recorded the sharpest increase of ₹0.30 per litre, followed by Noida (+₹0.20), Thiruvananthapuram (+₹0.18) and Bhubaneswar (+₹0.17). On the downside, Bengaluru witnessed the steepest decline of ₹0.40 per litre, while petrol prices eased in Gurgaon (-₹0.07), Lucknow (-₹0.15), Patna (-₹0.19), Mumbai (-₹0.03) and Chandigarh (-₹0.03). Despite the minor fluctuations, fuel prices remained elevated across most cities, reflecting the impact of local taxes and transportation costs on retail fuel rates.

Diesel Prices

Diesel prices were largely unchanged across India’s major metropolitan centres on Monday, with New Delhi, Kolkata and Mumbai reporting no revisions at ₹95.20, ₹99.82 and ₹97.83 per litre, respectively. Hyderabad also remained steady at ₹103.82 per litre, while Chandigarh continued to have one of the lowest diesel prices among the major cities at ₹89.47 per litre.

Among cities that witnessed changes, Jaipur and Thiruvananthapuram recorded the biggest increases of ₹0.28 per litre each, followed by Noida (+₹0.19), Bhubaneswar (+₹0.17) and Chennai (+₹0.10). On the other hand, diesel prices declined in Bengaluru by ₹0.33 per litre, the sharpest drop among the tracked cities, while Patna (-₹0.18), Lucknow (-₹0.17) and Gurgaon (-₹0.07) also saw marginal reductions. Despite these adjustments, diesel prices remained above the ₹100-per-litre mark in cities such as Hyderabad, Thiruvananthapuram and Bhubaneswar, reflecting regional variations driven by state-level taxes and levies.

Source:

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