How Falling Crude Oil Impacts Petrol and Diesel Costs in India

A dip in international crude oil prices often triggers a chain reaction that reaches the fuel pump. This week, Brent crude slipped below the $80 mark, prompting the Indian government to adjust its pricing mechanism. For Delhi, the new retail price for petrol is INR 96.45 per litre, while diesel is INR 93.20 per litre. These adjusted rates will remain until the next scheduled price revision, typically aligned with the fortnightly oil price assessment.