Petrol, diesel prices on 6 May: Check fuel rates in your city today — Delhi, Mumbai, Bengaluru, Kolkata, others
Brent crude and WTI prices declined as hopes of reduced Middle East supply emerged following U.S. President Trump's comments on a potential Iran peace deal.
Fuel prices across major Indian cities stayed unchanged on Wednesday, May 6, despite a significant surge in global oil prices driven by the ongoing conflict in West Asia. Petrol and diesel prices remained stable in cities such as Delhi, Mumbai, Chennai, Kolkata, Bengaluru, and Hyderabad.
Meanwhile, on Monday, the Indian rupee weakened by 39 paise, hitting a record low of 95.23 against the US dollar.
Check the fuel prices in your cities here:
| Cities | Petrol | Diesel |
|---|---|---|
| New Delhi | ₹94.77 | ₹87.67 |
| Kolkata | ₹105.45 | ₹92.02 |
| Mumbai | ₹103.54 | ₹90.03 |
| Chennai | ₹100.84 | ₹92.39 |
| Ahmedabad | ₹94.70 | ₹90.38 |
| Hyderabad | ₹107.50 | ₹95.70 |
| Bengaluru | ₹102.92 | ₹90.99 |
| Chandigarh | ₹94.30 | ₹82.45 |
| Thiruvananthapuram | ₹107.48 | ₹96.48 |
Middle East conflict: What's latest?
Oil prices declined for a second consecutive day on Wednesday amid expectations that supply constraints in the Middle East could ease. This follows remarks by U.S. President Donald Trump suggesting a potential peace agreement to end the conflict with Iran.
Brent crude futures for July dropped by $1.52, or 1.38%, to $108.35 per barrel as of 0103 GMT, after falling 4% in the previous session. Similarly, U.S. benchmark West Texas Intermediate futures for June fell $1.50, or 1.47%, to $100.77, after a 3.9% decline a day earlier.
On Tuesday, Trump said he would temporarily pause an operation to escort ships through the Strait of Hormuz, pointing to progress toward a broader agreement with Iran. However, he did not provide specific details.
Iranian FM to visit China
Meanwhile, Iranian Foreign Minister Seyyed Abbas Araghchi is set to visit China on Wednesday, May 6, to discuss bilateral relations and exchange views on regional and international developments with his Chinese counterpart.
According to a spokesperson of the Chinese Ministry of Foreign Affairs, Araghchi's visit comes at the invitation of Chinese Foreign Minister Wang Yi, who will hold talks with the Iranian leader during his stay.
"Minister of Foreign Affairs of Iran Seyyed Abbas Araghchi will visit China upon invitation on May 6. Member of the Political Bureau of the CPC Central Committee and Minister of Foreign Affairs Wang Yi will hold talks with him," the spokesperson said in a post on X.
The IRNA news agency quoted Araghchi as saying, "Iran and Oman are the two coastal states of the Strait of Hormuz, making mutual consultations necessary - especially as safe passage through the Strait has become a significant global issue."
These visits are part of a broader regional engagement between Tehran and its regional partners amid the crisis in West Asia due to the Islamic Republic's recent confrontation with the US and the power struggle between the two sides over the virtual control of the Strait of Hormuz.
(With inputs from agencies)