Petrol, Diesel Prices Today, August 19: Check Fuel Rates In Delhi, Mumbai, Bengaluru, Chennai, Other Cities

Mumbai, August 19: Petrol and diesel rates remained mixed across major Indian cities, with fuel prices unchanged in New Delhi and Kolkata, while Mumbai and Chennai witnessed notable increases in both petrol and diesel rates. Petrol prices rose by as much as Rs 1.69 per litre across the listed cities, while diesel prices climbed up to Rs 1.71 per litre. On the other hand, fuel prices declined in Bengaluru and Thiruvananthapuram. Petrol was priced at Rs 102.12 per litre in New Delhi, Rs 112.40 in Mumbai, Rs 109.45 in Chennai and Rs 111.37 in Bengaluru, while diesel rates stood at Rs 95.20, Rs 99.03, Rs 101.26 and Rs 99.25 per litre, respectively. Hyderabad continued to record among the highest fuel prices, with petrol at Rs 115.73 per litre and diesel at Rs 103.82 per litre. Fuel prices vary across states and cities due to differences in local taxes, VAT and other pricing components. 

Oil prices climbed for a fourth consecutive session on Wednesday as uncertainty over the status of the Strait of Hormuz kept investors on edge and raised concerns over disruptions to global crude supplies. Brent crude futures rose 0.8% to $91.8 a barrel, while US West Texas Intermediate crude gained 0.9% to $85.7 a barrel. Both benchmarks settled at their highest levels since July 24 in the previous session. 

The latest gains came as conflicting statements from Washington and Tehran added to uncertainty over the crucial shipping route. US President Donald Trump said on Tuesday that no talks were underway with Iran and insisted that the Strait of Hormuz was open, while Iran maintained that the waterway remained closed to shipping. The temporary ceasefire between the two sides expired on Monday, further weakening hopes of a near-term diplomatic breakthrough. 

The Strait of Hormuz remains critical to global energy markets, with the disruption to shipping prompting companies to seek alternative routes. Iraq has approved mechanisms to export crude through multiple outlets and via international and local companies, with contracts under the new arrangement set to begin on September 1. Meanwhile, two major Chinese shipping companies have stopped sending oil tankers through the Strait of Hormuz and the Bab el-Mandeb strait, instead collecting crude cargoes outside the Gulf. 

Market participants are also awaiting fresh US inventory data for clues on the near-term balance between supply and demand. Industry data showed US crude and distillate inventories declined last week, while gasoline stocks increased. Analysts polled by Reuters expect official Energy Information Administration data to show US crude inventories fell by around 600,000 barrels in the week ended August 14. 

The sustained rise in crude prices adds to concerns for major oil-importing economies such as India, where higher energy costs can widen the import bill, pressure the rupee and complicate the inflation outlook. For Indian equities, a prolonged period of crude prices above $90 a barrel could weigh on sentiment and raise concerns over margins in oil-consuming sectors, while benefiting upstream energy producers. 

Petrol Prices 

Petrol prices remained unchanged in New Delhi at Rs 102.12 per litre and in Kolkata at Rs 113.51 per litre. In Mumbai, petrol was priced at Rs 112.40 per litre, up Rs 1.19, while Chennai saw prices rise Rs 1.69 to Rs 109.45 per litre. 

Among other major cities, petrol was available at Rs 102.97 per litre in Gurgaon, unchanged from the previous level. In Noida, prices increased by Rs 0.16 to Rs 102.12, while Bangalore recorded a decline of Rs 0.31 to Rs 111.37 per litre. Bhubaneswar saw petrol prices rise Rs 1.52 to Rs 110.49 per litre. 

In other state capitals, petrol prices stood at Rs 115.73 per litre in Hyderabad, up Rs 0.04, while Jaipur recorded a Rs 0.40 increase to Rs 113.06. Prices in Lucknow and Patna rose Rs 0.51 and Rs 0.16 to Rs 102.40 and Rs 113.53 per litre, respectively. Chandigarh remained unchanged at Rs 101.54 per litre. 

Meanwhile, Thiruvananthapuram recorded the sharpest decline, with petrol prices falling Rs 1.49 to Rs 114 per litre. Overall, prices continued to vary significantly across cities, reflecting differences in local taxes and other state-level components.  

Diesel Prices 

Diesel prices remained unchanged in New Delhi at Rs 95.20 per litre and in Kolkata at Rs 99.82 per litre. In Mumbai, diesel prices rose Rs 1.20 to Rs 99.03 per litre, while Chennai recorded a sharper increase of Rs 1.71 to Rs 101.26 per litre. 

Among other major cities, diesel was priced at Rs 95.64 per litre in Gurgaon, unchanged from the previous level. In Noida, prices increased Rs 0.12 to Rs 95.56 per litre, while Bangalore saw diesel prices decline Rs 0.31 to Rs 99.25 per litre. Bhubaneswar recorded a Rs 1.51 increase, taking diesel prices to Rs 102.19 per litre. 

In other state capitals, diesel prices stood at Rs 103.82 per litre in Hyderabad, unchanged from the previous level. Jaipur recorded a Rs 0.36 increase to Rs 98.14 per litre, while Lucknow and Patna saw prices rise Rs 0.51 and Rs 0.18 to Rs 95.87 and Rs 99.54 per litre, respectively. Chandigarh remained unchanged at Rs 89.47 per litre. 

Meanwhile, Thiruvananthapuram recorded the sharpest decline, with diesel prices falling Rs 1.52 to Rs 102.88 per litre. Overall, diesel prices continued to vary considerably across cities, largely reflecting differences in state-level taxes and local pricing components.  

Source

•  goodreturns.in