Petrol, Diesel price on 2 June: Check fuel rates in Mumbai, Bengaluru, Delhi, Kolkata today
Key points
- Petrol and diesel prices remained largely unchanged across major cities on Tuesday, June 2, following a series of sharp increases in recent weeks.
- The last revision came on May 25, when oil marketing companies (OMCs) raised fuel prices by more than ₹2.50 per litre, adding further pressure on household budgets and transportation costs.
- Also Read | India cuts export duties on petrol, diesel and ATF starting June 1 The May 25 revision marked the fourth fuel price hike in less than two weeks, reflecting the delayed impact of surging global crude oil prices amid escalating tensions involving Iran.
- The steady rise in international oil markets has prompted OMCs to gradually pass on higher input costs to consumers.
- With the latest revision, cumulative fuel price increases since May 15 have climbed to nearly ₹7.50 per litre.
Quick Summary
Petrol and diesel prices remained largely unchanged across major cities on Tuesday, June 2, following a series of sharp increases in recent weeks. The last
Why It Matters
This development is important because it may impact public opinion, policy decisions, and future developments related to Petrol, Diesel price on 2 June: Check fuel rates in Mumbai.
Key Takeaways
- Petrol and diesel prices remained largely unchanged across major cities on Tuesday, June 2, following a series of sharp increases in recent weeks.
- The last revision came on May 25, when oil marketing companies (OMCs) raised fuel prices by more than ₹2.50 per litre, adding further pressure on household budgets and transportation costs.
- Also Read | India cuts export duties on petrol, diesel and ATF starting June 1 The May 25 revision marked the fourth fuel price hike in less than two weeks, reflecting the delayed impact of surging global crude oil prices amid escalating tensions involving Iran.
- The steady rise in international oil markets has prompted OMCs to gradually pass on higher input costs to consumers.
- With the latest revision, cumulative fuel price increases since May 15 have climbed to nearly ₹7.50 per litre.
📌 Source: LiveMint
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