Fuel Prices Stable Aug 10 Despite Global Crude Surge

Petrol and diesel prices across major Indian cities remained stable on Monday, August 10, 2026, despite a notable increase in global crude oil prices.

Global Crude Rises on Strait Uncertainties

The global crude market saw an uptick, driven by persistent uncertainties surrounding the reopening of the Strait of Hormuz. These concerns are linked to ongoing negotiations involving Iran, Oman, and the United States.

• Brent crude climbed 1.44%, settling at $84.79 per barrel.
• West Texas Intermediate (WTI) rose 1.08%, reaching $79.29 per barrel.

OMCs Absorb Input Costs

Indian state-run oil marketing companies opted to absorb the higher input costs from the global crude surge. This decision prevented an immediate hike in fuel prices for domestic consumers.

City-Wise Fuel Rates on August 10

Consumers in major metropolitan areas saw no change in their daily fuel expenditure.

Petrol Prices per Litre:

• Delhi: Rs 102.12
• Kolkata: Rs 113.51
• Mumbai: Rs 111.21
• Chennai: Rs 108.01
• Hyderabad: Rs 115.73
• Bengaluru: Rs 110.89

Diesel Prices per Litre:

• Delhi: Rs 95.20
• Kolkata: Rs 99.82
• Mumbai: Rs 97.83
• Chennai: Rs 99.66
• Hyderabad: Rs 103.82
• Bengaluru: Rs 98.80

Factors Influencing Domestic Fuel

While global crude prices significantly impact domestic fuel costs due to India’s reliance on imports, other elements also play a crucial role in daily price finalization.

• Rupee-dollar exchange rate
• Refining expenses
• Central and state taxes
• Dealer margins

These combined factors determine the final price consumers pay at the pump, despite global market volatility.