As crude oil price crashes amid US-Iran ceasefire, check petrol and diesel rates in your city today

The oil prices dropped below $100 a barrel on Wednesday after US President Donald Trump said he had agreed to a two-week ceasefire with Iran, giving a big relief to global economy. Brent crude fell $14.84, or 13.6%, to $94.43 a barrel, while WTI declined $16.13, or 14.3%, to $96.82 a barrel as of 0023 GMT. Even as the Brent crude fell sharply on Wednesday, the petrol and diesel prices across major Indian cities have remained unchanged today, April 8, 2026.

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Petrol, Diesel prices today

Petrol, diesel prices in Delhi, Mumbai, Kolkata, Chennai, Bengaluru and other cities have remained stable on Wednesday. Oil marketing companies (OMCs) update fuel prices daily at 6 AM, aligning them with movements in global crude oil prices and currency exchange rates. Despite fluctuations in international oil markets, the Indian government has indicated that petrol and diesel prices are expected to remain stable for now.

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Check rates in your city

Private fuel retailers hike price

Private fuel retailers have started hiking prices, with Shell India raising petrol and diesel rates on April 1, following a similar move by Nayara Energy. The increase comes as elevated global crude oil prices continue to put pressure on margins.

In Bengaluru, petrol prices have risen by ₹7.41 per litre. The standard variant is now priced at ₹119.85 per litre, while the Power variant costs ₹129.85. Prices may vary across cities due to differences in local taxes.

Diesel has seen a sharper hike, jumping by ₹25.01 per litre. The regular variant is now priced at ₹123.52, while the premium variant costs ₹133.52 per litre. Although fuel prices are linked to global crude trends, they are also influenced by factors such as taxes, exchange rates, and regulatory dynamics.