Petrol and diesel prices today — 27 Aug: Check latest fuel rates in Delhi, Mumbai, Bengaluru and other cities as Brent extended losses Petrol and diesel prices today — 27 Aug: How costly is fuel in Delhi, Mumbai, Bengaluru and other cities. Petrol and diesel prices today, 27 August: Petrol and diesel prices were revised by fuel retailers on Thursday across major Indian cities while Brent extend losses on expectations of reopening of Strait of Hormuz trade route.
Amid global energy crisis due to West Asia conflict, state-owned fuel retailers continue to shield domestic consumers from global price volatility in fuel rates. Oil Marketing Companies (OMCs) last brought about major price revision on 25 May. Since India follows dynamic fuel price method, fuel rates across major Indian cities recorded marginal changes as they are revised at 6:00 AM daily. Check latest petrol and diesel prices in your city on 27 August. City Petrol Price (Rs/Litre) New Delhi 102.12 Mumbai 111.18 Kolkata 113.47 Chennai 107.77 Gurugram 102.77 Noida 102.12 Bengaluru 110.93 Bhubaneswar 109.92 Chandigarh 98.10 Hyderabad 115.69 Jaipur 112.66 Lucknow 102.05 Patna 113.35 Thiruvananthapuram 115.49 City Diesel Price (Rs/Litre) New Delhi 95.20 Mumbai 97.83 Kolkata 99.82 Chennai 99.55 Gurugram 95.44 Noida 95.56 Bengaluru 98.80 Bhubaneswar 100.92 Chandigarh 86.09 Hyderabad 103.82 Jaipur 97.78 Lucknow 95.55 Patna 99.36 Thiruvananthapuram 104.40 Crude oil price today Oil prices fell for the fourth consecutive day on Thursday. Brent crude futures plunged 0.7% by around 60 cents, to trade around $87.24 a barrel at 0004 GMT, down for a fourth day. West Texas Intermediate crude futures fell 56 cents, or 0.7%, at $81.67, down for a fifth day.
Despite US campaign to impose greater economic pressure on Iran, investor sentiment seemed optimistic due to ongoing talks between Iran and Oman. Brent crude, the global benchmark, slipped ahead of Qatar prime minister’s visit to the Islamic Republic as markets weigh diplomatic progress on Hormuz issue. Iran’s Revolutionary Guards on Wednesday confirmed that the two countries had agreed how to share the waterway that connects major Gulf oil producers to markets and its revenues. MST Marquee senior energy analyst Saul Kavonic said, “The market has started pricing in the possibility of another ceasefire emerging, but is now in a holding pattern pending confirmation of if a deal can be reached” between Oman and Iran that is seen as a precursor to an agreement between Tehran and Washington, Bloomberg reported. Escalation in Russia-Ukraine tensions may squeeze global energy supplies further.
Moscow is struggling to divert crude into exports following recent strikes by Kyiv on refineries and ports, compounding disruptions from the Iran war and threatening fuel supply. Amid threats from Iran-backed Houthis on Red Sea exports, Bloomberg report suggested that the world’s largest crude exporter Saudi Arabia has been ramping up oil loadings inside the Persian Gulf, citing satellite images. About the Author Fareha Naaz
Fareha Naaz is a Delhi-based journalist and Content Producer at LiveMint, where she has built nearly three years of experience in digital journalism.
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She covers a diverse range of topics, including national news, education, entertainment, lifestyle trends science, global health and international news. With a background in Economics and Education, she focuses on providing insightful, thoroughly researched coverage that bridges the gap between breaking news and in-depth analysis. In addition to breaking copies, legal and political news, her reporting blends editorial rigour with search-driven storytelling. With a keen eye-on-global events, she provides insightful coverage on latest developments. Her reporting combines editorial rigour with in-depth coverage and search-driven storytelling provide valuable insight and context to readers, ensuring accuracy and relevance. Her newsroom experience helped her in combining her critical thinking skills with real-time editorial decision-making.
Over the years, she has been presenting complex stories with clarity for a digital-first audience amid fast-paced news cycles. Her thoroughly researched stories, with well-structured and engaging content, provide readers with clear understanding of the context and background. Fareha holds a Master’s degree in Economics, in addition to a Bachelor of Education degree. When not in the newsroom, she enjoys painting and sports, reading books and current developments. Stay updated with the latest Trending, India, World and US news. Home News IndiaPetrol and diesel prices today — 27 Aug: Check latest fuel rates in Delhi, Mumbai, Bengaluru as Brent extends losses
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