Fuel Prices Remain Steady in Major Indian Cities on June 2, 2026
Petrol, Diesel Prices on June 2: Check Latest Fuel Rates in Delhi, Mumbai, Bengaluru, Kolkata and More
Asianet Newsable
Image: Asianet Newsable
On June 2, 2026, petrol and diesel prices in India remained stable, providing relief to consumers after recent hikes. Prices in major cities include ₹102.12 per litre for petrol in Delhi and ₹115.69 in Hyderabad for diesel, with fluctuations influenced by global oil markets and local taxes.
- 01Petrol prices in Delhi are currently ₹102.12 per litre, while diesel is ₹95.20.
- 02Mumbai has the highest fuel prices, with petrol at ₹111.21 and diesel at ₹97.83.
- 03Recent price stability follows multiple increases in May due to rising international crude oil costs.
- 04Oil Marketing Companies (OMCs) are still facing losses as retail prices are below procurement costs.
- 05Fuel prices vary across states due to different VAT rates and local levies.
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As of June 2, 2026, petrol and diesel prices across India have remained largely unchanged, offering temporary relief to consumers after a series of price hikes in recent weeks. In major cities, petrol prices are ₹102.12 per litre in Delhi, ₹111.21 in Mumbai, and ₹115.69 in Hyderabad for diesel. This stability comes after several increases in May, prompted by soaring international crude oil prices. Oil Marketing Companies (OMCs) have maintained these rates despite fluctuations in global markets and rising fuel supply costs. Analysts suggest that future price adjustments will depend on global oil movements, geopolitical factors, and government policies. Notably, Kolkata, Mumbai, and Bengaluru rank among the most expensive cities for fuel, while Delhi benefits from lower state taxes. Consumers are encouraged to monitor daily fuel prices via official OMC channels, as rates are revised every morning based on market conditions.
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The stabilization of fuel prices provides temporary relief to consumers who have faced rising costs in recent weeks.
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