Wed, 03 Jun 2026
11:44:53 pm
Synopsis
Petrol & Diesel Prices Today 3 June 2026: Check latest fuel prices in Delhi, Mumbai, Hyderabad, Bengaluru, Chennai, Kolkata and all major states. Complete analysis of petrol and diesel rates, crude oil impact, state-wise fuel prices, economic outlook and June 2026 forecast.

India's fuel market remains under intense focus on 3 June 2026 as global crude oil prices continue hovering near the crucial $100-per-barrel mark amid escalating geopolitical tensions in the Middle East. The recent ₹3-per-litre fuel price hike implemented during May continues to impact consumers, transport operators, logistics companies, businesses, and households across the country.
With India importing more than 85% of its crude oil requirements, fluctuations in international energy markets have a direct impact on domestic petrol and diesel prices. Rising tensions involving Iran, concerns surrounding the Strait of Hormuz, elevated shipping costs, and a volatile dollar index have collectively increased pressure on fuel markets.
As a result, significant differences continue to exist between states and cities, largely due to variations in Value Added Tax (VAT), transportation costs, dealer commissions, and local levies. While some regions are paying less than ₹100 per litre for petrol, others are witnessing prices approaching ₹118 per litre.
| Parameter | Current Status |
|---|---|
| Brent Crude Oil | Near $100 per Barrel |
| India's Crude Import Dependence | 85%+ |
| Recent Fuel Price Hike | ₹3 per Litre |
| Highest Petrol State | Andhra Pradesh |
| Cheapest Petrol Region | Andaman & Nicobar Islands |
| Costliest Metro | Hyderabad |
| Cheapest Metro | Delhi |
| Market Outlook | Moderately Bullish |
| City | Petrol (₹/L) | Diesel (₹/L) |
|---|---|---|
| Delhi | 102.12 | 95.20 |
| Mumbai | 111.18 | 97.83 |
| Bengaluru | 110.89 | 98.80 |
| Chennai | 105.33 | 99.55 |
| Kolkata | 110.64+ | 99.82 |
| Hyderabad | 112.81 | 103.82 |
| Ahmedabad | 99.23 | 97.91 |
| Gurugram | 103+ | 95.64 |
| Noida | 102+ | 95.42 |
Hyderabad remains the most expensive major city for fuel consumers, while Delhi continues to offer some of the lowest fuel prices among India's large metropolitan markets.
| Rank | City | Petrol Price |
|---|---|---|
| 1 | Hyderabad | ₹112.81 |
| 2 | Mumbai | ₹111.18 |
| 3 | Bengaluru | ₹110.89 |
| 4 | Kolkata | ₹110.64+ |
| 5 | Chennai | ₹105.33 |
| 6 | Gurugram | ₹103+ |
| 7 | Delhi | ₹102.12 |
| 8 | Noida | ₹102+ |
| 9 | Ahmedabad | ₹99.23 |
The gap between Hyderabad and Ahmedabad now exceeds ₹13 per litre, highlighting the significant impact of regional taxation policies.
| Rank | State | Petrol Price |
|---|---|---|
| 1 | Andhra Pradesh | ₹117.75 |
| 2 | Bihar | ₹114.24 |
| 3 | Madhya Pradesh | ₹113.68 |
| 4 | Maharashtra | ₹111+ |
| 5 | Chhattisgarh | ₹108.06 |
| Rank | State/UT | Petrol Price |
|---|---|---|
| 1 | Andaman & Nicobar | ₹88.66 |
| 2 | Punjab | ~₹94 |
| 3 | Arunachal Pradesh | ₹98.01 |
| 4 | Chandigarh | ₹101.51 |
| 5 | Gujarat | ₹102.01 |
| Category | Petrol Price |
|---|---|
| Highest State | ₹117.75 |
| Lowest State | ₹88.66 |
| Total Difference | ₹29.09 |
A price gap of more than ₹29 per litre between different regions demonstrates how taxation and logistics continue to influence retail fuel costs.
| State | Diesel Price |
|---|---|
| Telangana | ₹103.82 |
| Lakshadweep | ₹100.52 |
| Madhya Pradesh | ₹99.74 |
| Kolkata Region | ₹99.82 |
| Chennai Region | ₹99.55 |
| State | Diesel Price |
|---|---|
| Delhi | ₹95.20 |
| Haryana | ~₹95 |
| Punjab | ~₹95 |
| Meghalaya | ₹95.42 |
| Chandigarh | ~₹95 |
The biggest factor driving fuel prices remains the surge in crude oil prices. Renewed geopolitical tensions involving Iran have increased concerns about disruptions to global energy supplies.
| Factor | Impact |
|---|---|
| Crude Oil Prices Rise | Fuel Costs Increase |
| Dollar Strengthens | Import Costs Rise |
| Shipping Costs Increase | Retail Prices Rise |
| Refining Costs Increase | Final Consumer Price Rises |
Because India imports the majority of its crude requirements, domestic fuel markets remain highly sensitive to international developments.
Oil marketing companies increased fuel prices during May 2026 after facing margin pressures from elevated crude oil costs. The hike partially offset losses accumulated during previous months.
Many consumers wonder why fuel prices differ significantly across states.
| Component | Contribution |
|---|---|
| Crude Oil Cost | Base Price |
| Refining Charges | Processing Cost |
| Freight Charges | Transportation |
| Central Excise Duty | Government Revenue |
| Dealer Commission | Distribution Cost |
| State VAT | Regional Tax |
| Final Retail Price | Consumer Price |
State VAT remains the single largest reason for regional fuel-price variations.
Higher diesel prices directly affect:
Fuel costs directly impact transportation expenses for:
| Sector | Impact Level |
|---|---|
| Logistics | Very High |
| Airlines | High |
| Manufacturing | Moderate |
| Agriculture | High |
| Consumer Goods | Moderate |
| E-commerce | High |
| Winners | Losers |
|---|---|
| Oil Producers | Consumers |
| Upstream Energy Companies | Airlines |
| Exploration Firms | Logistics Operators |
| Refiners | Transport Companies |
| Energy Traders | Auto Users |
If:
Potential Impact:
| Fuel Type | Possible Increase |
|---|---|
| Petrol | ₹2–₹5/L |
| Diesel | ₹2–₹4/L |
If:
Fuel prices may remain unchanged through June.
The overall outlook remains moderately bullish for fuel prices. Crude oil continues to trade near psychologically important levels, and geopolitical uncertainty remains elevated. Unless there is a meaningful decline in global oil prices or government intervention through tax adjustments, consumers are likely to face sustained fuel-price pressure throughout June 2026.
| Category | City/State | Price |
|---|---|---|
| Costliest Petrol State | Andhra Pradesh | ₹117.75/L |
| Cheapest Petrol Region | Andaman & Nicobar | ₹88.66/L |
| Costliest Metro | Hyderabad | ₹112.81/L |
| Cheapest Metro | Delhi | ₹102.12/L |
| Costliest Diesel Market | Telangana | ₹103.82/L |
| Cheapest Diesel Market | Delhi | ₹95.20/L |
| India Petrol Range | ₹88–118/L | |
| India Diesel Range | ₹95–104/L |
India's fuel market continues to remain under pressure as global crude oil prices approach $100 per barrel and geopolitical tensions keep energy markets volatile. Andhra Pradesh remains the most expensive petrol market in the country, while Andaman & Nicobar Islands continue to offer the lowest fuel prices. Major cities such as Hyderabad, Mumbai, Bengaluru, and Kolkata remain among the costliest urban fuel markets, while Delhi and Gujarat continue benefiting from relatively lower tax structures.
Going forward, the trajectory of petrol and diesel prices will depend heavily on developments in the Middle East, movements in Brent crude oil, the rupee-dollar exchange rate, and potential government policy interventions. For consumers and businesses alike, fuel efficiency and cost management are likely to remain critical themes throughout June 2026.
Petrol prices range from approximately ₹88.66 per litre in Andaman & Nicobar Islands to ₹117.75 per litre in Andhra Pradesh, depending on state taxes and local levies.
Hyderabad remains one of the most expensive major cities, with petrol trading around ₹112.81 per litre.
Fuel prices are rising due to higher global crude oil prices, Middle East tensions, import dependence, transportation costs, refining expenses, and state-level taxes.
Andaman & Nicobar Islands currently have the lowest petrol prices, followed by Punjab and Arunachal Pradesh.
Yes. If crude oil rises above $100–110 per barrel or geopolitical tensions escalate further, petrol and diesel prices could increase by another ₹2–₹5 per litre.

Financial journalist specializing in market analysis, stock research, and investment trends. Dedicated to providing accurate, timely insights for informed decision-making.
Credentials: Experienced financial journalist with expertise in equity markets and economic analysis
The information provided in this article is for educational and informational purposes only and should not be construed as financial, investment, or legal advice. welomoney does not provide personalized investment recommendations.
For detailed terms and conditions, please read our Disclaimer and Terms of Service.

MCX Gold & Silver Prices Today 3 June 2026: Complete bullion market analysis covering gold and silver prices, technical outlook, support and...

India’s Gold ETF market is witnessing a historic expansion cycle as record gold prices, inflation fears, rupee weakness, and geopolitical uncertainty...

India’s fuel market remains under severe pressure as rising crude oil prices, escalating Iran-related geopolitical tensions, rupee weakness, and...

Gold and silver prices in India remain near historic highs as aggressive import-duty hikes, escalating geopolitical tensions in West Asia, rising...

India’s fuel market is witnessing one of its sharpest pricing shocks in recent years as rising Brent crude oil prices, escalating Strait of Hormuz...