Rising Crude Prices and Their Effect on Indian Fuel Costs in August 2026

The ongoing war of words and missile exchanges between Tehran and Washington over the vital Strait of Hormuz have lifted Brent crude to about $91.5 per barrel and West Texas Intermediate to $85.5. These moves have sent shockwaves through the global oil market, yet India’s latest fuel price bulletin shows no immediate rise.

Delhi’s petrol is listed at Rs 102.12 per litre; Mumbai’s at Rs 111.21. Diesel remains at Rs 95.20 in Delhi and Rs 97.83 in Mumbai.

Detailed city‑wise pricing for August 19, 2026:

- Noida – Petrol Rs 101.96, Diesel Rs 95.82 - Lucknow – Petrol Rs 101.86, Diesel Rs 95.95 - New Delhi – Petrol Rs 102.12, Diesel Rs 95.20 - Mumbai – Petrol Rs 111.21, Diesel Rs 97.83 - Kolkata – Petrol Rs 113.51, Diesel Rs 99.82 - Chennai – Petrol Rs 108.01, Diesel Rs 99.55 - Bengaluru – Petrol Rs 110.89, Diesel Rs 98.80 - Hyderabad – Petrol Rs 115.73, Diesel Rs 103.58 - Pune – Petrol Rs 112.02, Diesel Rs 98.66 - Jaipur – Petrol Rs 112.66, Diesel Rs 97.63 - Ahmedabad – Petrol Rs 101.99, Diesel Rs 97.91 - Patna – Petrol Rs 114.16, Diesel Rs 99.36 - Bhopal – Petrol Rs 114.54, Diesel Rs 99.49 - Chandigarh – Petrol Rs 101.54, Diesel Rs 89.47 - Bhubaneswar – Petrol Rs 109.52, Diesel Rs 100.68

The Indian oil sector has absorbed much of the cost pressure without passing it fully to end‑users. The last significant hike occurred in May, when both petrol and diesel rose by more than Rs 7 per litre. If crude prices linger above the $90 threshold, analysts warn that India could see a new round of price adjustments later in the year.