As Middle East tensions persist, crude oil prices in the international market surged on Thursday, Oct. 8. Brent crude Oct. futures were trading at $101.9 per barrel, up 1.7% from its previous close at $100.2 per barrel, at around 2:17 a.m. UTC.
West Texas Intermediate crude also surged 1.5% to trade at $89.6 per barrel against the previous close at $88.28 per barrel.
Domestic fuel prices, however, remained unchanged on Oct. 8 as state-run oil marketing companies continue to absorb the price volatility.
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Petrol prices on October 8
- Petrol price in Delhi: Rs 102.12/litre
- Petrol price in Kolkata: Rs 113.51/litre
- Petrol price in Mumbai: Rs 111.21/litre
- Petrol price in Chennai: Rs 107.77/litre
- Petrol price in Hyderabad: Rs 115.69/litre
- Petrol price in Bengaluru: Rs 110.89/litre
Diesel prices on October 8
- Diesel price in Delhi: Rs 95.20/litre
- Diesel price in Kolkata: Rs 99.82/litre
- Diesel price in Mumbai: Rs 97.83litre
- Diesel price in Chennai: Rs 99.55/litre
- Diesel price in Hyderabad: 103.82/litre
- Diesel price in Bengaluru: 98.80/litre
What Drives Petrol and Diesel Prices?
State-run oil marketing companies consider several factors like the rupee-dollar exchange rate, refining costs, taxes, and dealer margins to determine domestic fuel prices, apart from international crude prices; thus, domestic prices do not change with every change in global crude prices. In India, petrol and diesel prices across cities were last altered at the end of May 2026.
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