
Petrol and diesel prices today: Fuel prices were steady today on Thursday, 11 June, following the last price hikes on Monday, 25 May, when oil marketing companies (OMCs) increased the cost of both petrol and diesel by more than ₹2.50 per litre. Notably, the cumulative price hikes since 15 May have increased fuel costs of close to ₹7.5 per litre.
Notably, the price of petrol and diesel in India are at their highest levels since May 2022 after remaining largely frozen for more than two years, barring a ₹2-per-litre cut in March 2024.
The price increase was the fourth in less than two weeks prompted by delayed pass-through due to the war in West Asia even as demand for global crude oil remains high. Close to one-fifth of the world's oil and gas supplies is transported through the vital Strait of Hormuz waterway which is being controlled by Iran.
The US-Iran war has disrupted global energy supplies, including those to India. India's 40% of crude imports, 65% of natural gas and 90% of LPG supplies, which came from countries in the Gulf region, were disrupted due to the war.
Union Oil Minister Hardeep Singh Puri is optimistic that fuel prices to drop in the coming months and assured that “enough stocks are available” amid the war situation. “Oil prices cannot remain at their current height for a very long time and are expected to fall in the months ahead,” he stated.
Puri added that additional supplies from Canada and the United States to India, are expected to mitigate some shortage but added that the situation may turn if the war expands, Reuters reported.
Petrol prices rose by ₹2.61/litre and diesel by ₹2.71/litre on 25 May in their fourth such increase.
In Delhi, petrol prices rose to ₹102.12/litre from ₹99.51/litre, while diesel climbed to ₹95.20/litre from ₹92.49/litre.
Overall, OMCs have hiked fuel prices four times since May to temper demand and maintain supply. Petrol costs around 7.8% more, while diesel prices is 8.6% higher, it added.
Check full list of petrol and diesel prices in major Indian cities today, on 11 June (Thursday) here below:
| City | Petrol Price | Diesel Price |
|---|---|---|
| New Delhi | ₹102.12 | ₹95.20 |
| Kolkata | ₹113.51 | ₹99.82 |
| Mumbai | ₹111.21 | ₹97.83 |
| Chennai | ₹107.87 | ₹99.65 |
| Gurugram | ₹102.62 | ₹95.30 |
| Noida | ₹101.96 | ₹95.44 |
| Bengaluru | ₹110.89 | ₹98.80 |
| Bhubaneswar | ₹108.97 | ₹100.68 |
| Chandigarh | ₹101.51 | ₹89.47 |
| Hyderabad | ₹115.69 | ₹103.82 |
| Jaipur | ₹112.66 | ₹97.78 |
| Lucknow | ₹101.89 | ₹95.36 |
| Patna | ₹114.24 | ₹100.20 |
| Thiruvananthapuram | ₹115.49 | ₹104.40 |
Notably, oil prices have risen again after US launched fresh strikes against Iran on yesterday and today, breaching a fragile ceasefire amid negotiation talks between the two countries, Bloomberg reported today.
Brent crude rose over 2% to near $95.20 a barrel after the US military launched strikes on multiple targets in Iran for a second straight day, the report said. Further, West Texas Intermediate crude rose 2.6% to $92.34 a barrel.
Meanwhile US President Donald Trump said Wednesday the US military has since last month (May 2026) undertaken a “secret mission” to sneak oil shipments past Iran's forces in the Strait of Hormuz, as per a PTI report.
Trump said ships were slipping by at night and over 100 million barrels of oil have evaded the blockade. The report added that there was no immediate confirmation of that figure, which is close to five days of official oil shipments through the crucial waterway before the war began in February.
(With inputs from Agencies)
Disclaimer: This story is for educational purposes only. The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
Jocelyn Fernandes is a journalist and editor with nearly 13 years of experience covering the business, corporate, economy and markets beats in news.<br> As chief content producer for around three years at Livemint (Hindustan Times), Jocelyn publishes breaking stories, explainers, features and live blogs on a range of business and economy topics, including the Budget, corporate developments, stock markets, income tax, money and personal finance, cryptocurrency, government policy, impact of US tariffs, international developments and more.<br> Jocelyn's writing philosophy is focused on delivering news in an accurate and accessible format for readers. She thus focuses her news coverage on explainers and FAQs in order to breakdown business, corporate, economic, and policy topics that are of importance to everyday readers.<br> She holds a Bachelors in Mass Media (BMM) and Post Graduate Diploma (PGD) in Journalism and Communication and has previously written for online business and markets news site Moneycontrol (Network18), Business-to-business (B2B) trade publications — the industry magazines Power Today and Solar Today (ASAPP Media), and the national news agency United News of India (UNI).<br> Outside of work, Jocelyn keeps up-to-date with local and international news, enjoys reading fiction books, novels and short stories, and enjoys movies, travelling and art. <br> She can be found on X and LinkedIn, and reached by email: <a href="jocelyn.fernandes@htdigital.in">jocelyn.fernandes@htdigital.in</a> <br> X/ Twitter handle: <a href="https://x.com/scribeJocelyn">@scribeJocelyn</a> <br> LinkedIn: <a href="https://in.linkedin.com/in/jocelyn-fernandes-journalist">LinkedIn</a>
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