Petrol-Diesel Price Today: Crude oil prices continue to fluctuate, has the rate of petrol-diesel changed?

There has been continuous fluctuation in the prices of crude oil in the international market for the last few days, but at present it has not affected the prices of petrol and diesel in India. There has been no major change in the prices of petrol and diesel across the country on July 12.

This fluctuation in oil prices is being seen due to the increasing tension between Iran and America and the situation regarding the Strait of Hormuz. This sea route is considered one of the most important oil transportation routes in the world. About 20% of the world’s crude oil is supplied through this route.

condition of crude oil

Here, on Friday, some decline was recorded in the price of Brent crude in the international market. Its price decreased by 0.41% to $ 75.99 per barrel. One reason for this was that the news of resumption of talks between America and Iran came out, which brought some relief to the market. But the situation is still not completely normal.

Petrol and diesel prices in major cities on July 12

(Prices may vary from city to city depending on local taxes.)