Petrol, Diesel Prices Today, August 21: Check Fuel Rates in Delhi, Mumbai, Chandigarh, Hyderabad, Bengaluru and Other Cities

Mumbai, August 21: Petrol and diesel prices remained largely unchanged across major Indian cities on Friday, although Chandigarh saw a sharp decline in both fuel rates, while Thiruvananthapuram recorded the biggest increase. Petrol prices stood at ₹102.12 per litre in Delhi and ₹111.21 in Mumbai, while diesel was priced at ₹95.20 and ₹97.83 per litre, respectively.  

Oil prices dipped on Friday but remained on track for a second consecutive weekly gain as the unresolved US-Iran conflict continued to disrupt crude supplies from the Middle East. Brent crude futures dipped 0.3% to $93.4 a barrel, while US West Texas Intermediate (WTI) crude slipped 0.55% to $86.3. 

Brent has gained more than 7% over the week, while WTI is up more than 8%, with both benchmarks touching their highest levels since July 24. The latest rally reflects growing concerns that the prolonged conflict could keep supplies from major oil-producing countries, including Saudi Arabia, Iraq, the United Arab Emirates and Kuwait, constrained for longer. 

The earlier peace deal between the US and Iran expired this week without a fresh push to restart negotiations. US President Donald Trump has also threatened severe economic consequences for countries supporting Tehran, while US Treasury Secretary Scott Bessent said Washington would impose its toughest sanctions yet on Iran. The prospect of intensified economic pressure has further clouded hopes of a diplomatic breakthrough that could restore oil flows. 

The Strait of Hormuz remains a key concern for the global energy market. Shipping traffic through the waterway was just nine vessels on Wednesday, well below pre-war levels. Before the conflict, the strait carried oil shipments equivalent to roughly one-fifth of global consumption, making any prolonged disruption a major threat to global supply. 

The market is increasingly pricing in the possibility that supply disruptions could persist, keeping crude prices elevated in the near term. Brent had climbed to a one-month high of $94.71 in the previous session before easing on profit-taking. 

For oil-importing economies such as India, the sustained rise in crude prices is a key risk. Higher energy costs can put pressure on inflation, corporate margins and the rupee while increasing the country’s import bill. Any further escalation in the US-Iran conflict or deterioration in flows through the Strait of Hormuz could keep pressure on Indian markets and the broader economy. 

Check the latest petrol and diesel rates across major cities and state capitals. 

Petrol Prices 

Petrol prices remained unchanged in New Delhi at ₹102.12 per litre and Mumbai at ₹111.21 per litre, while rates in Bengaluru stood at ₹110.93 per litre. Gurgaon also reported no change, with petrol available at ₹102.97 per litre. 

In Chennai, petrol was marginally lower at ₹107.76 per litre, down ₹0.01. Patna also saw a small decline of ₹0.02, taking the price to ₹113.35 per litre. 

The sharpest decline was recorded in Chandigarh, where petrol prices fell by ₹1.55 to ₹101.54 per litre. Meanwhile, Hyderabad continued to have one of the higher petrol prices among the listed cities at ₹115.69 per litre, unchanged from the previous level. 

Thiruvananthapuram recorded the biggest increase, with petrol prices rising ₹1.99 to ₹115.49 per litre. Prices can vary across cities and states due to differences in local taxes and other charges. 

Diesel Prices 

Diesel prices remained unchanged in most major cities on Friday, with New Delhi at ₹95.20 per litre, Mumbai at ₹97.83 and Chennai at ₹99.55. Gurgaon and Bengaluru also reported no change, with diesel priced at ₹95.64 and ₹98.80 per litre, respectively. 

In Chandigarh, diesel prices registered the sharpest decline among the listed cities, falling by ₹5.78 to ₹89.47 per litre. The city now has the lowest diesel price in the list. 

Diesel prices also remained steady in Hyderabad at ₹103.82 per litre and Patna at ₹99.36 per litre. Hyderabad continues to have one of the highest diesel prices among the cities covered, alongside Thiruvananthapuram. 

Meanwhile, Thiruvananthapuram saw the biggest increase, with diesel prices rising ₹1.98 to ₹104.40 per litre. Fuel prices vary across cities depending largely on state taxes and other local levies.  

Source

• GoodReturns