Domestic petrol and diesel prices remained unchanged on Saturday, June 6, extending a brief pause in rate revisions after the sharp price hikes implemented on May 25. During the last round of price changes, public sector Oil Marketing Companies (OMCs) increased both fuels by over ₹2.50 per litre. This capped a volatile two-week period that saw a cumulative increase of nearly ₹7.50 per litre since May 15.
With this recent surge, retail fuel prices across India have climbed to their highest levels since May 2022. This brings an end to a prolonged two-year period of stable pump rates, which was only briefly interrupted by a standard ₹2-per-litre reduction back in March 2024.
City-Wise Petrol and Diesel Price List
The table below outlines the retail prices for a litre of petrol and diesel across major Indian cities on June 6:
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New Delhi: Petrol at ₹102.12 | Diesel at ₹95.20
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Kolkata: Petrol at ₹113.47 | Diesel at ₹99.82
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Mumbai: Petrol at ₹111.18 | Diesel at ₹97.83
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Chennai: Petrol at ₹107.74 | Diesel at ₹99.55
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Gurgaon: Petrol at ₹102.80 | Diesel at ₹95.47
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Noida: Petrol at ₹102.38 | Diesel at ₹95.85
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Bangalore: Petrol at ₹110.89 | Diesel at ₹98.80
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Bhubaneswar: Petrol at ₹108.81 | Diesel at ₹100.52
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Chandigarh: Petrol at ₹101.54 | Diesel at ₹89.47
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Hyderabad: Petrol at ₹115.69 | Diesel at ₹103.82
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Jaipur: Petrol at ₹112.66 | Diesel at ₹97.78
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Lucknow: Petrol at ₹102.05 | Diesel at ₹95.55
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Patna: Petrol at ₹113.72 | Diesel at ₹99.71
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Thiruvananthapuram: Petrol at ₹115.49 | Diesel at ₹104.41
West Asia Conflict Rewires India’s Energy Supply Lines
The retail price shock reflects the heavy burden on India’s energy import pipeline due to the three-month conflict in West Asia. The regional instability has directly choked the flow of commodities from the Gulf region, which traditionally fulfills a massive portion of India’s domestic energy requirements:
Because OMCs initially delayed passing on higher costs to protect consumers, the sudden influx of raw material costs forced a sharp adjustment on May 25. Petrol prices were raised by ₹2.61 per litre and diesel by ₹2.71 per litre in Delhi alone, pushing fuel costs into triple digits in the national capital.
Global Markets: Peace Uncertainty Keeps Crude Vulnerable
In international energy markets, oil benchmarks showed minor fluctuations on Saturday morning following a sharp drop of nearly 3% during the previous trading session. The market remains highly sensitive as prospects for a US-Iran peace agreement remain uncertain, especially after a separate ceasefire proposal between Israel and Lebanon broke down.
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Brent Crude Futures: Slipped by 21 cents (or 0.22%) to settle at $95.24 a barrel.
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US West Texas Intermediate (WTI): Dipped 10 cents (or 0.11%) to land at $92.94 a barrel.
Despite these minor daily losses, both global contracts are on track to register their first weekly gains in three weeks, with WTI advancing more than 6%. This weekly increase is driven by intense flare-ups in Middle Eastern fighting and slow transit times through the Strait of Hormuz. The strategic waterway handles roughly 20% of global petroleum consumption, and energy analysts warn that rapidly declining global inventories could trigger another oil price spike by the third quarter of 2026.
