New Delhi, Sept. 3 -- Petrol and diesel prices today, 3 September: Fuel rates in India held steady on Thursday, 3 September, even though oil prices eased after US President Donald Trump played down the prospect of a prolonged conflict with Iran. State-run Oil Marketing Companies (OMCs) revise petrol and diesel prices daily at 6:00 AM as India follows dynamic fuel price method.

Domestic fuel retailers have kept commodity prices stable for the past three months despite volatility in global energy prices majorly due to US-Iran war and disruption along Strait of Hormuz trade route through which a fifth of global energy supplies passed prior to onset of West Asia war. The last major fuel price revision came about on 25 May when prices of petr...