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How International Crude Prices Are Driving Up Petrol and Diesel Costs

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News Analysis IndiaReporter
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July 8, 2026
06:31 AM
How International Crude Prices Are Driving Up Petrol and Diesel Costs

A surge in international crude oil prices is the main driver behind today's higher fuel costs in India. With Brent crude hovering around $85 a barrel, importers face increased expenses that are passed on to consumers.

Petrol rates have risen across all listed cities, with Delhi witnessing the steepest jump. Diesel, used heavily by transport fleets, also reflects the upward trend, affecting freight charges nationwide.

Economists warn that if the global oil market remains volatile, further hikes could be on the horizon. They recommend that both private travelers and commercial operators keep an eye on price bulletins and consider alternative routes or fuel-efficient practices.

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