Crude oil prices climbed to their highest level in more than three weeks on Tuesday, adding pressure to the global fuel market. Brent crude touched $91.02 a barrel, up 0.17% from its previous close, while West Texas Intermediate crude ended at $84.94 a barrel, gaining 0.52%.
Crude prices are again on the rise due to concerns over prolonged disruption to oil supplies as hopes of a US-Iran peace agreement fade and uncertainty continues over traffic through the strategically important Strait of Hormuz. The sharp rise in crude is also becoming a broader concern for global markets because sustained higher oil prices can add to inflationary pressures and borrowing costs.
However, the movement in international crude does not automatically translate into a daily change in petrol and diesel prices. Thus, domestic petrol and diesel prices across the cities remained unchanged on Wednesday, Aug. 19, 2026.
Petrol prices on August 19
- Petrol price in Delhi: Rs 102.12/litre
- Petrol price in Kolkata: Rs 113.51/litre
- Petrol price in Mumbai: Rs 111.18/litre
- Petrol price in Chennai: Rs 108.01/litre
- Petrol price in Hyderabad: Rs 115.73/litre
- Petrol price in Bengaluru: Rs 110.89/litre
Diesel prices on August 19
- Diesel price in Delhi: Rs 95.20/litre
- Diesel price in Kolkata: Rs 99.82/litre
- Diesel price in Mumbai: Rs 97.83/litre
- Diesel price in Chennai: Rs 99.66/litre
- Diesel price in Hyderabad: 103.58/litre
- Diesel price in Bengaluru: 98.80/litre
What Drives Petrol and Diesel Prices?
Domestic fuel prices are determined by oil marketing companies and can remain unchanged despite fluctuations in global crude. Factors affecting domestic fuel prices include taxes, refining costs and currency movements.
Also Read: Energy Stocks Hit Record As Oil Rises On Fading Iran Deal Hopes
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