On June 6, 2026, retail petrol and diesel prices across India's major cities held largely steady. This stability follows a series of increases, with the most recent hike occurring on May 25, marking the fourth such rise in a fortnight. Over this period, petrol prices have risen by ₹2.61 per litre, and diesel by ₹2.71 per litre.
Oil marketing companies have been working to recover losses accumulated over several months, even as global crude oil prices surpassed the $100 per barrel mark. The international crude markets remain volatile due to ongoing tensions in West Asia and disruptions to critical shipping routes, influencing domestic fuel costs.
Current Petrol and Diesel Prices on June 6
Here are the latest fuel prices in key Indian cities as of June 6, 2026:
- Delhi: Petrol ₹102.12/litre, Diesel ₹95.20/litre
- Mumbai: Petrol ₹111.18/litre, Diesel ₹97.83/litre
- Kolkata: Petrol ₹113.47/litre, Diesel ₹99.82/litre
- Chennai: Petrol ₹107.74/litre, Diesel ₹99.55/litre
- Hyderabad: Petrol ₹115.69/litre, Diesel ₹103.82/litre
- Bengaluru: Petrol ₹110.89/litre, Diesel ₹98.80/litre
While petrol has crossed the ₹100 per litre mark in Delhi and other major cities like Hyderabad, Kolkata, and Bengaluru, diesel prices generally remain below ₹100 per litre in most of these locations.
Factors Influencing Fuel Prices in India
Several interconnected factors determine the final petrol and diesel prices consumers pay at the pump:
Global Crude Oil Prices
The most significant determinant is the international price of crude oil, the primary raw material for both petrol and diesel. Fluctuations in global supply and demand, geopolitical events, and the stability of shipping routes directly impact these prices.
Rupee-Dollar Exchange Rate
India's substantial reliance on imported crude oil means the rupee's strength against the US dollar is crucial. A weaker rupee increases the cost of crude procurement, leading to higher retail fuel prices domestically.
Government Taxes and Levies
Both the central and state governments levy various taxes, including excise duty and Value Added Tax (VAT), which form a substantial portion of the final retail price. This taxation structure is the primary reason for price variations across different states.
Other Domestic Factors
Additional factors like transportation costs from refineries to retail outlets and local demand-supply dynamics also play a role in shaping the retail prices consumers see at the fuel pump.