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Petrol Prices Today June 04: Petrol and diesel prices are fluctuating amid the ongoing conflict in Iran and rising tensions around the Strait of Hormuz. Middle East crisis has resulted in an abnormal increase in crude prices.
The government has halved windfall gains tax on export of petrol to Rs 1.5 litre, while reducing the levy on diesel to Rs 13.5/litre and aviation turbine fuel to Rs 9.5/litre effective June 1. The finance ministry in a notification said road and infrastructure cess will be nil on export of petrol and diesel. Also, there is no change in the existing duty rates on petrol and diesel cleared for domestic consumption. The special additional excise duty (SAED) on petrol at Rs 3/litre was imposed on May 16 and the fortnightly review slashed it to Rs 1.5/litre from June 1.
In New Delhi, the petrol price on June 4 stood at Rs 102.12 per litre, while in Kolkata, the petrol price is Rs 113.47 per litre. In Mumbai, petrol is priced at Rs 111.18 per litre. In Chennai, the price of Petrol was recorded at Rs 107.87 per litre. Among NCR cities, the petrol price in Gurgaon is Rs 102.97. Petrol price in Noida is Rs 102.42. Meanwhile, petrol prices in Bangalore are Rs 110.93.
| City | Petrol Price (₹/Litre) |
|---|---|
| New Delhi | ₹102.12 |
| Kolkata | ₹113.47 |
| Mumbai | ₹111.18 |
| Chennai | ₹107.87 |
| Gurgaon | ₹102.97 |
| Noida | ₹102.42 |
| Bangalore | ₹110.93 |
| Bhubaneswar | ₹108.89 |
| Chandigarh | ₹101.54 |
| Hyderabad | ₹115.69 |
| Jaipur | ₹112.66 |
| Lucknow | ₹101.89 |
| Patna | ₹114.24 |
| Thiruvananthapuram | ₹115.49 |
In New Delhi, the diesel price on June 04 stood at Rs 95.20 per litre. In Kolkata, the diesel price is Rs 99.82 per litre. Mumbai’s rate is Rs 97.83. In Chennai, the price of diesel was recorded at Rs 99.66 per litre. Among NCR cities, the diesel price in Gurgaon is Rs 95.64. Noida diesel price is Rs 95.86. Meanwhile, diesel prices in Bangalore are Rs 98.80.
| City | Diesel Price (₹/Litre) |
|---|---|
| New Delhi | ₹95.20 |
| Kolkata | ₹99.82 |
| Mumbai | ₹97.83 |
| Chennai | ₹99.66 |
| Gurgaon | ₹95.64 |
| Noida | ₹95.86 |
| Bangalore | ₹98.80 |
| Bhubaneswar | ₹100.60 |
| Chandigarh | ₹89.47 |
| Hyderabad | ₹103.82 |
| Jaipur | ₹97.75 |
| Lucknow | ₹95.36 |
| Patna | ₹100.20 |
| Thiruvananthapuram | ₹104.41 |
On February 28, the United States and Israel launched military strikes against Iran, triggering sweeping retaliation from Tehran. Crude oil prices have remained above USD 100 per barrel over the past week, from the about USD 73 per barrel before the war.
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