Petrol, diesel prices today — 6 Aug: Fuel rates in Delhi, Bengaluru, Jaipur as Crude oil dips on US-Iran deal optimism
Petrol, diesel prices today — 6 Aug: Retail fuel rates held steady despite a decline in Brent crude price caused by optimism on US-Iran deal. Check fuel rates in Delhi, Bengaluru, Jaipur and other cities.
Petrol and diesel prices in major Indian cities remained unchanged on Thursday, 6 August, as crude oil prices fell on hopes of an agreement between Iran and Oman to reopen the Strait of Hormuz. Brent crude prices dipped near $79 a barrel, while West Texas Intermediate declined to below $75 per barrel. US President Donald Trump announced that talks with Iran were underway and he would "see what happens" in ongoing negotiations.
Iran's Foreign Ministry spokesperson confirmed the talks were in the "final stage" of drafting an agreement. The Society of Indian Automobile Manufacturers (SIAM) withdrew a letter to the Ministry of Petroleum and Natural Gas, citing the need for further authentication due to concerns over E20 fuel contamination. US oil prices have already fallen below $80 per barrel as global markets await the outcome of the potential deal.
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