Petrol and diesel prices have witnessed mixed movements across India, with fuel becoming costlier in several cities while prices eased in others. The latest revision comes as global crude oil prices surged following heightened geopolitical tensions in the Middle East, raising concerns about possible disruptions to oil supplies.

Although fuel prices remained unchanged in major metro cities like Delhi and Mumbai, several state capitals and regional markets recorded noticeable increases or decreases. Here's a detailed look at the latest fuel price trends and the reasons behind them.

Global Crude Oil Prices Jump on Middle East Tensions

International crude oil prices moved sharply higher after fresh geopolitical developments fueled concerns over global energy supplies. Reports of escalating tensions in the Middle East led investors to anticipate potential disruptions in crude exports, pushing benchmark oil prices upward.

Latest international crude prices:

• Brent Crude rose 3.42% to $86.97 per barrel.
• West Texas Intermediate (WTI) gained 3.58%, reaching $82.09 per barrel.

India imports more than 85% of its crude oil requirements, making domestic fuel prices sensitive to sustained changes in global oil markets. While daily retail fuel prices are influenced by multiple factors, prolonged increases in crude prices can eventually impact petrol and diesel rates across the country.

Petrol Prices Remain Stable in Major Metro Cities

Despite the sharp rise in international crude oil prices, retail petrol rates remained unchanged in some of India's largest metropolitan cities.

Latest petrol prices include:

• Delhi: ₹102.12 per litre (No change)
• Mumbai: ₹111.21 per litre (No change)

However, several other cities witnessed revisions in their retail fuel prices.

Key changes include:

• Kolkata: Price reduced by ₹0.50 per litre
• Chennai: Price increased by ₹0.18 per litre
• Gurugram: Price increased by ₹0.74 per litre
• Bengaluru: Price increased by ₹0.75 per litre

The mixed trend reflects daily adjustments based on local taxes, transportation costs, and pricing mechanisms followed by oil marketing companies.

Bihar Records Higher Petrol Prices in Several Cities

Several cities in Bihar registered notable increases in petrol prices during the latest revision.

Updated petrol rates and changes include:

• Patna: ₹113.37 per litre (No change)
• Begusarai: Up by ₹0.14 per litre
• Bhagalpur: Up by ₹1.08 per litre
• Darbhanga: Up by ₹0.81 per litre
• Gaya: Up by ₹1.42 per litre
• Muzaffarpur: Up by ₹0.73 per litre

The increases make Bihar one of the states witnessing comparatively sharper day-to-day fuel price movements.

Fuel Becomes Cheaper in Parts of Jharkhand

Unlike Bihar, several cities in neighboring Jharkhand recorded reductions in petrol prices.

Latest changes include:

• Deoghar: Down by ₹1.17 per litre
• Dhanbad: Down by ₹1.17 per litre
• Jamshedpur: Down by ₹1.23 per litre
• Ranchi: Up slightly by ₹0.07 per litre

These variations are part of the daily price revision system followed by fuel retailers.

Other Major Cities See Mixed Price Revisions

Apart from Bihar and Jharkhand, a number of cities across India also witnessed changes in petrol prices.

Notable revisions include:

• Lucknow: Down by ₹0.39 per litre
• Noida: Down by ₹0.23 per litre
• Bhopal: Petrol price climbed to around ₹114.36 per litre, marking one of the higher rates among major cities.

Diesel Prices Also Witness Minor Changes

Diesel prices largely followed a similar trend, remaining stable in some metro cities while changing marginally elsewhere.

Latest diesel prices include:

• Delhi: ₹95.20 per litre (No change)
• Mumbai: ₹97.83 per litre (No change)

Other revisions include:

• Kolkata: Down by ₹0.50 per litre
• Chennai: Up by ₹0.16 per litre
• Gurugram: Up by ₹0.75 per litre
• Bengaluru: Up by ₹0.76 per litre

Why Fuel Prices Differ Across Cities

Petrol and diesel prices vary from one city to another due to several factors beyond international crude oil prices. These include:

• State-level Value Added Tax (VAT)
• Local transportation and freight costs
• Dealer commissions
• Daily price revisions by oil marketing companies
• Changes in international crude oil prices and exchange rates

As a result, consumers may notice different fuel prices even between neighboring cities.

The Bottom Line

Fuel prices across India showed a mixed trend in the latest daily revision, with petrol and diesel becoming more expensive in some cities while becoming cheaper in others. The recent surge in global crude oil prices, driven by geopolitical uncertainty in the Middle East, has increased concerns over future fuel costs, especially for countries like India that rely heavily on crude oil imports.

While major metro cities such as Delhi and Mumbai saw no change in retail fuel prices, several cities in Bihar, Jharkhand, Karnataka, Haryana, Uttar Pradesh, and Madhya Pradesh experienced noticeable revisions. Motorists are advised to check the latest local fuel prices before refuelling, as rates continue to be updated daily.