Petrol, diesel prices today: Check fuel rates in Delhi, Mumbai, Bengaluru, Kolkata as Crude oil weighs Iran-Oman deal
Petrol, diesel prices today — 8 Aug: Retail fuel rates held steady on 8 August, despite an increase in Brent crude price. Check fuel rates in Delhi, Mumbai, Bengaluru, Kolkata and other cities.
Petrol and diesel prices in major Indian cities remained unchanged on 8 August, despite Brent crude oil experiencing its third consecutive weekly decline. Oil Marketing Companies (OMCs) continue to set fuel rates based on the last major revision on 25 May. The global benchmark, Brent crude, settled above $83 a barrel, while West Texas Intermediate crude fell to $77.06 a barrel.
Oil prices were buoyed by optimism surrounding the Iran-Oman deal, which could restore millions of barrels of West Asian energy supply. However, the path to a durable deal remains unclear at this point. US President Donald Trump expressed confidence that fuel prices could decline as the conflict involving Iran drew closer to an end.
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