India’s Fuel Costs Remain Stable as Brent and WTI Fall Below $86 and $81

<p>In the wake of fresh US sanctions on Tehran, Brent crude slipped to $85.26 a barrel and WTI to $80.33, a drop of about three percent. Indian oil marketing firms, which closely track such swings, publicly released the August 26 fuel rates, which show only minor adjustments from previous levels.</p><h2>Latest Petrol and Diesel Prices by City</h2><table><thead><tr><th>City</th><th>Petrol (Rs/L)</th><th>Diesel (Rs/L)</th></tr></thead><tbody><tr><td>Lucknow</td><td>101.86</td><td>95.36</td></tr><tr><td>Noida</td><td>101.96</td><td>95.44</td></tr><tr><td>New Delhi</td><td>102.12</td><td>95.20</td></tr><tr><td>Mumbai</td><td>111.21</td><td>97.83</td></tr><tr><td>Kolkata</td><td>113.51</td><td>99.82</td></tr><tr><td>Chennai</td><td>107.76</td><td>99.55</td></tr><tr><td>Bengaluru</td><td>111.68</td><td>99.56</td></tr><tr><td>Hyderabad</td><td>115.69</td><td>103.82</td></tr><tr><td>Gurugram</td><td>102.97</td><td>95.64</td></tr><tr><td>Ghaziabad</td><td>101.80</td><td>95.14</td></tr></tbody></table><h2>Why Indian Consumers See Little Change</h2><p>India’s reliance on imported crude—over 85% of its total—means global price trends directly affect the domestic market. The recent dip in crude has helped offset any upward pressure from currency swings, keeping pump prices steady.</p><h2>Components Shaping Fuel Prices</h2><p>Beyond the international oil benchmark, the rupee’s exchange rate against the dollar and the layered tax regime (central and state) determine the final retail price. Transportation costs and local market dynamics add further nuance, explaining why prices differ from one city to another.</p>