Petrol, diesel rates on 18 April — Check fuel prices today in Delhi, Mumbai, Chennai, Kolkata, Bengaluru & other cities
Business

Petrol, diesel rates on 18 April — Check fuel prices today in Delhi, Mumbai, Chennai, Kolkata, Bengaluru & other cities

Mint·3h ago·Neutral

What Happened

Fuel prices remain unchanged across major Indian cities on April 18 as State-owned Oil Marketing Companies maintain rates despite global commodity volatility. International crude oil prices declined significantly following optimism over U.S.-Iran tensions easing and Strait of Hormuz reopening. Brent crude fell 9.1% to $90 per barrel, while European natural gas prices dropped 10%.

Key Entities

Oil Marketing Companies (OMCs)Brent crudeStrait of HormuzU.S.-IranMinistry of Petroleum and Natural GasDelhiMumbaiChennaiKolkataBengaluru

AI Tools

Original Source

MintRead original →