Petrol and diesel prices stayed steady across major Indian cities on Sunday, June 14, 2026, with no change from the previous day, according to livemint.com. This marks the first day without a price hike since May 25, when oil marketing companies increased rates by over ₹2.50 per litre amid rising global crude oil prices.
Oil marketing companies (OMCs) and city gas distribution firms update fuel prices daily at 6 am based on international crude oil trends and domestic factors. Despite ongoing geopolitical tensions in West Asia that have kept crude prices elevated, OMCs opted not to raise fuel costs on June 14. The last adjustment on May 25 reflected a significant increase in global oil prices, which had prompted OMCs to raise petrol and diesel rates nationwide.
Fuel price stability is crucial for consumers and the economy, given the impact of petrol and diesel costs on transportation and goods pricing. The recent hike on May 25 was among the largest this year, reflecting the sensitivity of Indian fuel prices to global crude fluctuations. Maintaining unchanged prices on June 14 provides temporary relief amid volatile international markets and ongoing geopolitical risks in oil-producing regions.
The next scheduled fuel price revision will occur at 6 am on June 15, when OMCs will reassess rates based on the latest global crude oil movements and domestic considerations, as per the daily pricing mechanism followed across India.