Petrol and diesel prices today, March 4: Are Middle East tensions impacting fuel rates in India?
Mumbai: Amid ongoing global war-related uncertainties and concerns over crude oil supply disruptions, fuel prices in India remain largely stable.
Petrol in India is priced at ₹103.54 per litre today, unchanged from Tuesday. Over the past month, the rate has fluctuated marginally between ₹103.50 and ₹103.54, reflecting limited volatility despite global geopolitical pressures.
Diesel in India stands at ₹90.03 per litre. Notably, diesel prices across India have remained unchanged for the past 12 consecutive months, holding steady since March 4, 2025.
Fuel prices in India are determined by international crude oil trends, exchange rate movements and central and state taxes. While global conflicts often trigger spikes in crude benchmarks, retail fuel rates in India have shown relative stability in recent months.
Petrol and diesel prices in major Indian cities
| City | Petrol (₹/litre) | Diesel (₹/litre) |
|---|---|---|
| New Delhi | 94.77 | 87.67 |
| Kolkata | 105.41 | 92.02 |
| Mumbai | 103.54 | 90.03 |
| Chennai | 100.80 | 92.39 |
| Gurgaon | 95.51 | 87.98 |
| Noida | 94.88 | 87.98 |
| Bangalore | 102.99 | 91.06 |
| Bhubaneswar | 101.19 | 92.76 |
| Chandigarh | 94.30 | 82.45 |
| Hyderabad | 107.46 | 95.70 |
| Jaipur | 104.69 | 90.18 |
| Lucknow | 94.69 | 87.81 |
| Patna | 105.23 | 91.49 |
| Thiruvananthapuram | 107.48 | 96.38 |
LPG price update
The price of domestic LPG (14.2 kg cylinder) in Mumbai remains ₹852.50. The cooking gas rate has stayed unchanged for the past 12 months, indicating stability in household fuel costs despite global energy market tensions.
What should consumers watch?
Any escalation in global conflict zones affecting crude oil supply routes could exert upward pressure on international prices. However, at present, retail petrol and diesel rates across major Indian cities remain steady.