Petrol-Diesel Price Today (4 July 2026): Fresh Fuel Rates Released, Check Today's Prices in Major Cities
Petrol-Diesel Price Today: Oil marketing companies have released the latest petrol and diesel prices for Saturday, 4 July 2026. Although global crude oil prices witnessed a slight increase in international markets, there has been no change in retail fuel prices across India. As a result, petrol and diesel continue to be sold at their existing rates in major cities.
RJ Kesari News Desk: Fuel prices are updated daily at 6:00 AM, but any revision depends on multiple factors, including international crude oil prices, exchange rates, taxes, and government policies.
Crude Oil Prices Edge Higher, But Fuel Rates Remain Unchanged
International crude oil prices recorded a modest rise on Saturday after remaining volatile in recent weeks. Despite this movement, Indian oil marketing companies have decided to keep petrol and diesel prices unchanged for the day.
Although global crude prices have fluctuated over the past month, domestic fuel prices have remained stable after a series of revisions made earlier this year.
Recent Fuel Price Revisions in India
Indian oil marketing companies revised fuel prices several times during May 2026. The major revisions included:
- 15 May 2026: Petrol price increased by ₹3.00 per litre, while diesel rose by ₹3.29 per litre.
- 19 May 2026: Petrol became costlier by ₹0.87, and diesel by ₹0.91 per litre.
- 23 May 2026: Another hike of ₹0.87 for petrol and ₹0.91 for diesel was announced.
- 25 May 2026: Petrol price increased by ₹2.61, while diesel rose by ₹2.71 per litre.
Following these revisions, fuel prices have remained unchanged.
Petrol and Diesel Prices in Major Cities (4 July 2026)
| City | Petrol (₹/Litre) | Diesel (₹/Litre) |
|---|---|---|
| Delhi | ₹102.12 | ₹95.20 |
| Mumbai | ₹111.21 | ₹97.83 |
| Kolkata | ₹113.51 | ₹99.82 |
| Chennai | ₹107.77 | ₹99.55 |
| Noida | ₹102.12 | ₹97.56 |
How Are Petrol and Diesel Prices Decided?
Fuel prices in India are influenced by several factors, including:
- International crude oil prices
- Rupee-US Dollar exchange rate
- Central and state taxes
- Freight and transportation costs
- Dealer commission
Oil marketing companies review these factors daily before announcing any change in retail fuel prices.
Disclaimer: Petrol and diesel prices may vary slightly depending on your city due to differences in state taxes and local levies. Consumers are advised to check the latest prices at their nearest fuel station or on the official websites of oil marketing companies before refuelling.