Fuel Prices in India Stable on June 3; No Change in Petrol, Diesel, CNG Rates

Petrol, Diesel Price Today: Fuel prices across India remained stable on June 3, with no significant changes reported in major metro cities for petrol and diesel. Despite global crude oil fluctuations, oil marketing companies maintained current retail rates, offering commuters temporary relief. CNG prices also saw no hikes, contributing to overall transport fuel stability.

Petrol and diesel prices across India remained largely stable on June 3, with no major changes reported in key metro cities including Delhi, Mumbai, Chennai, Kolkata, Bengaluru, and Hyderabad. Despite global crude oil fluctuations, oil marketing companies have kept retail fuel rates unchanged for most regions, offering temporary relief to commuters.

Fuel prices in India are revised daily at 6 AM based on international crude trends and currency exchange rates, but June 3 saw no significant revision in pump rates across major cities.

Petrol Price in Delhi, Mumbai, Kolkata, Chennai (June 3)

Here are the latest petrol prices in major cities:

Delhi: ₹94.72 per litre

Mumbai: ₹104.21 per litre

Kolkata: ₹103.94 per litre

Chennai: ₹100.75 per litre

Bengaluru: ₹102.86 per litre

Hyderabad: ₹107.41 per litre

Prices remain steady compared to previous day’s revision cycle, according to oil marketing companies.

Diesel Prices in Major Cities

Diesel rates also saw no major change on June 3:

Delhi: ₹87.62 per litre

Mumbai: ₹92.15 per litre

Kolkata: ₹90.76 per litre

Chennai: ₹92.34 per litre

Bengaluru: ₹88.94 per litre

Hyderabad: ₹95.70 per litre

Overall, diesel continues to remain costlier in metro cities like Mumbai and Hyderabad due to local tax structures.

Why Fuel Prices Remain Unchanged

Oil marketing companies (OMCs) revise fuel prices daily based on:

Global crude oil rates

Rupee vs dollar exchange rate

Local state taxes (VAT)

Transportation and refining costs

Despite global volatility, domestic retail prices have remained stable due to controlled adjustments by OMCs in recent cycles.

City-Wise Price Differences Continue

Even though national pricing trends remain steady, fuel rates vary significantly across states due to VAT differences.

For example:

Mumbai and Hyderabad continue to have some of the highest petrol prices in India

Delhi remains relatively cheaper due to lower VAT

Southern cities like Chennai and Bengaluru fall in the mid-to-high range

These variations often result in a noticeable gap of ₹8–₹13 per litre between states.

No CNG Hike Reported on June 3

Along with petrol and diesel, CNG prices also remained unchanged in most major cities. Transport fuel costs have stayed stable for now, offering some relief to commercial vehicle operators and daily commuters who depend on CNG-based transport systems.

Will Fuel Prices Change Soon?

Market analysts suggest that future fuel price movement will depend heavily on:

Crude oil supply decisions by OPEC+

Global demand trends during summer travel season

Currency fluctuations impacting import costs

If crude oil remains stable, domestic fuel prices are likely to stay in a narrow range in the coming days.