Archive · 19 Jul 2026
Fuel Prices Steady in India Amid Global Tensions
On 19 July 2024, the prices of petrol and diesel in India did not change much, even though the price of oil around the world went up.
This is because the companies that sell fuel in India set the prices based on the last big change, which was on 25 May.
The price of oil went up because there is a fight between the US and Iran, which is making it harder to move oil around the world.
The US and Iran are attacking each other, and this is making people worried about how much oil will be available.
Even though the price of oil went up a lot, the price of fuel in India stayed about the same.
Fuel prices in India remained steady on 19 July despite global oil market fluctuations.
Brent crude price surged 4.6% to $88 per barrel due to escalating US-Iran conflict.
Retail fuel rates in India are determined by state-run Oil Marketing Companies (OMCs).
The last major price revision for fuel in India was on 25 May.
US and Iran exchanged strikes, targeting bridges, utilities, and port facilities, disrupting oil cargo movement.
- Who
- Indian Oil Marketing Companies (OMCs) and global oil markets
- What
- Fuel prices in India remained steady despite global oil market fluctuations
- When
- 19 July 2024
- Where
- India (Delhi, Mumbai, Bengaluru, Kolkata, etc.)
- Why
- Due to the alignment of domestic fuel prices with the last major revision on 25 May, despite Brent crude surging
- Brent Crude Price
- $88 per barrel
- Petrol Price in Delhi
- ₹102.12
- Diesel Price in Delhi
- ₹95.20
- Petrol Price in Mumbai
- ₹111.21
- Diesel Price in Mumbai
- ₹97.83
- Petrol Price in Kolkata
- ₹113.51
- Diesel Price in Kolkata
- ₹99.82
- Petrol Price in Bengaluru
- ₹111.68
- Diesel Price in Bengaluru
- ₹99.56