Petrol and Diesel Prices Unchanged on June 14; Check Rates in Your City

Petrol and diesel prices across India remained unchanged on Sunday, June 14, according to the latest update from oil marketing companies. Fuel rates in major cities including Delhi, Mumbai, Bengaluru and Chennai continue to reflect the recent round of increases triggered by volatility in global crude oil markets amid geopolitical tensions.

The stability in retail fuel prices comes after multiple hikes over the past several weeks, during which petrol and diesel rates reportedly increased by around ₹7.5 to ₹8 per litre in several parts of the country. The recent upward trend was linked to disruptions in global oil supply and uncertainty in energy markets following ongoing geopolitical conflict in the Middle East, which has significantly impacted crude oil trading.

In Delhi, petrol is priced at ₹102.12 per litre, while diesel costs ₹95.20 per litre. In Mumbai, petrol is available at ₹111.21 per litre and diesel at ₹97.83 per litre. In Kolkata, petrol stands at ₹113.51 per litre and diesel at ₹99.82 per litre, reflecting higher regional taxation and distribution costs compared to the national capital.

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In southern metros, Chennai recorded petrol prices at ₹108.01 per litre and diesel at ₹99.66 per litre. Bengaluru reported petrol at ₹110.89 per litre and diesel at ₹98.80 per litre, while Hyderabad continues to remain among the costlier cities with petrol priced at ₹115.73 per litre and diesel at ₹103.82 per litre. These variations highlight the impact of state-level taxes and transport logistics on retail fuel pricing across India.

Oil marketing companies have faced significant financial pressure in recent weeks, with reports suggesting daily losses running into thousands of crores during periods of sharp crude price fluctuations. The broader energy market has remained sensitive to developments in global diplomacy and supply routes, particularly concerns surrounding key shipping lanes such as the Strait of Hormuz.

Global crude oil benchmarks have also shown signs of easing after recent volatility. Brent crude futures declined in recent sessions as markets reacted to signals of improved supply flow and potential diplomatic progress in the Middle East. However, analysts caution that fuel prices in India remain closely tied to international crude movements and may remain volatile in the coming weeks depending on global developments.

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