Key facts
- Petrol and diesel prices remained unchanged across Indian cities on June 4.
- Global crude oil prices significantly influence domestic fuel rates.
- Crude oil is the primary raw material for petrol and diesel.
Fuel prices for petrol and diesel remained steady across major Indian cities on June 4. The rates are determined by factors including global crude oil prices, which serve as the primary raw material for producing petrol and diesel. While specific city-wise rates are not provided in this update, the absence of a price change indicates stability in the market on this particular day. Major oil companies in India, such as Indian Oil Corporation, typically announce daily revisions to fuel prices based on international market trends and other domestic economic factors.