India's state-owned oil marketing companies (OMCs) released the latest petrol and diesel prices at 6:00 AM on June 30, 2026. While fuel rates remained largely unchanged across most parts of the country, minor variations continue to exist because of differences in state taxes, transportation costs, and local levies.

Petrol and diesel prices in India are revised daily based on several factors, including international crude oil prices, the rupee's exchange rate against the US dollar, refining costs, and government taxes. Staying updated on daily fuel prices can help commuters, transport businesses, and consumers better manage their travel and operating expenses.

Petrol and Diesel Prices in Major Cities

The latest fuel prices for June 30, 2026, are as follows:

Note: Diesel prices were not available for some cities in the source data.

Why Fuel Prices Are Updated Every Day

Oil marketing companies revise petrol and diesel prices every morning after reviewing changes in the global energy market.

The daily pricing mechanism is designed to ensure transparency and reflect fluctuations in crude oil costs and currency exchange rates. Although revisions take place every day, prices may remain unchanged if market movements are minimal.

Why Fuel Prices Have Remained Relatively Stable

Petrol and diesel prices have witnessed limited movement over the past two years despite fluctuations in global crude oil prices.

One of the key reasons is the reduction in central and state taxes implemented after May 2022. Since then, although international crude oil prices have experienced volatility, retail fuel prices in India have remained comparatively stable.

However, future price revisions continue to depend on developments in the global energy market.

Factors That Influence Petrol and Diesel Prices

Several factors determine the retail price of fuel in India.

1. International Crude Oil Prices

Petrol and diesel are produced from crude oil. When global crude oil prices increase, the cost of producing fuel also rises, which can eventually affect retail prices.

2. Rupee-Dollar Exchange Rate

India imports a significant portion of its crude oil requirements, and these purchases are made in US dollars.

If the Indian rupee weakens against the dollar, import costs increase, making fuel more expensive.

3. Central and State Taxes

A substantial portion of the retail price of petrol and diesel consists of excise duty, value-added tax (VAT), and other state-specific levies.

Since VAT rates differ across states, fuel prices vary from one city to another.

4. Refining and Transportation Costs

Crude oil must be refined before it can be sold as petrol or diesel.

The cost of refining, transporting, and distributing fuel also contributes to the final retail price paid by consumers.

5. Demand and Supply

Market demand plays an important role in fuel pricing.

Periods of increased travel, festive seasons, agricultural activity, or supply disruptions can influence fuel demand and pricing trends.

How to Check Fuel Prices Through SMS

Consumers can also check the latest fuel prices using SMS services provided by oil marketing companies.

• Indian Oil (IOCL): Send RSP to 9224992249.

• Bharat Petroleum (BPCL): Send RSP to 9223112222.

• Hindustan Petroleum (HPCL): Send HP Price to 9222201122.

These services provide the latest petrol and diesel prices applicable to your location.

The Bottom Line

Fuel prices across most Indian cities remained stable on June 30, 2026, although minor regional differences continue because of varying state taxes and local charges. Since petrol and diesel prices are revised every morning based on international crude oil prices, exchange rates, taxation, and refining costs, motorists are advised to check the latest rates before refuelling.

Keeping track of daily fuel prices can help individuals and businesses plan transportation expenses more effectively while staying informed about changes in the energy market.