Oil Marketing Companies (OMCs) change fuel retail prices every day at 6 am
Petrol, Diesel Prices Today On June 04: Fuel prices in India largely remained unchanged on June 04. The petrol and diesel rates for each day, whether new or unchanged, are announced at 6 am on the day. These, however, vary from state to state due to value-added tax (VAT), freight charges, local taxes, etc..
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The petrol price in Delhi is Rs 96.72 per litre on June 04, while the diesel rate stands at Rs 89.62/litre. In Mumbai, petrol price on June 04 continued to retail above Rs 100 mark at Rs 106.31 for a litre, while diesel was being sold at Rs 94.27 per litre.
The fuel rates remain unchanged since May 2022, when the central government and several states had cut fuel taxes.
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Check city-wise Petrol and Diesel prices on June 04;
| CITY | PETROL PRICE (RS/LITRE) | DIESEL PRICE (RS/LITRE) |
| Chennai | 102.63 | 94.24 |
| Kolkata | 106.03 | 92.76 |
| Noida | 96.59 | 89.84 |
| Lucknow | 96.57 | 89.76 |
| Bengaluru | 101.94 | 87.89 |
| Hyderabad | 109.66 | 97.82 |
| Jaipur | 109.05 | 94.24 |
| Trivandrum | 109.73 | 98.53 |
| Bhubaneswar | 103.01 | 94.58 |
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In India, petrol and diesel prices are decided on the basis of several factors such as freight charges, value-added tax (VAT) and local taxes. This leads to the rates being different from state to state.
Oil Marketing Companies (OMCs) change fuel retail prices every day at 6 am in accordance with the price of crude oil throughout the world. Through excise tax, base pricing, and price caps, government controls fuel prices.
