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Petrol-Diesel Prices: State-owned oil companies in India are closely monitoring the fluctuations in international crude oil prices. If prices remain high for an extended period, their 'under-recoveries' could increase.

Petrol-Diesel Prices Today (August 23, 2026): Due to the conflict between the US and Iran, everything from US Federal Reserve interest rates and Wall Street to Asian stock markets and the rupee is facing uncertainty. Crude oil prices have not remained unaffected by this either.

Amid rising tensions in West Asia, crude oil prices are hovering above $91 per barrel. This is a cause for concern for India, which relies heavily on crude oil imports. Higher crude oil prices translate to higher petrol and diesel prices, which fuels inflation. Amidst these geopolitical uncertainties, oil marketing companies have released new petrol and diesel prices for the domestic market.

Crude Oil Prices Today

As today, August 23, is a Sunday, international commodity markets are closed; consequently, crude oil prices remain steady at Friday's closing rates. Currently, crude oil in the international market is trading at a three-month high. The price of Brent crude in the global market stands at $94.39 per barrel, having risen by 0.65% on Friday. Meanwhile, the price of WTI crude is currently $87.06 per barrel, following a 0.26% jump on Friday.

Today's Petrol Prices

Petrol price in Delhi: ₹102.12 per litre
Petrol price in Gurugram: ₹102.97 per litre
Petrol price in Ghaziabad: ₹101.80 per litre
Petrol price in Patna: ₹113.35 per litre
Petrol price in Kolkata: ₹113.43 per litre
Petrol price in Mumbai: ₹111.12 per litre
Petrol price in Chennai: ₹107.75 per litre
Petrol price in Hyderabad: ₹115.69 per litre
Petrol price in Bengaluru: ₹110.93 per litre

Today's Diesel Prices

Diesel price in Delhi: ₹95.20 per litre
Diesel price in Kolkata: ₹99.78 per litre
Diesel price in Ghaziabad: ₹95.29 per litre
Diesel price in Chandigarh: ₹99.36 per litre
Diesel price in Patna: ₹113.35 per litre
Diesel price in Mumbai: ₹97.78 per litre
Diesel price in Chennai: ₹99.57 per litre
Diesel price in Hyderabad: ₹103.82 per litre
Diesel price in Bengaluru: ₹98.79 per litre

Despite fluctuations in international crude oil prices, there is no change in fuel prices at the national level today. In India, fuel prices are determined daily at 6 AM based on international crude oil rates and the dollar-rupee exchange rate. Rates vary slightly from city to city due to differences in VAT and local transportation costs across states.