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Petrol, diesel prices today, October 8: Check rates in Delhi, Mumbai, Bengaluru, Chennai and more
High-priority alert based on source significance and keyword relevance.
Context
What happened: Petrol and diesel prices in major Indian cities were unchanged on October 8 after state-run oil marketing companies' daily revision, even as global crude and fuel costs rose on supply concerns tied to the US-Iran war.
Key numbers: New Delhi petrol ₹102.12/litre, diesel ₹95.20.
Why it matters: State-run OMCs have kept prices frozen while private retailer Nayara Energy raised petrol by ₹5 and diesel by ₹3 per litre, passing on higher international costs. ANZ's Daniel Hynes said strategic stock releases can add supply temporarily but do not create new production capacity.
What changed
Petrol and diesel prices in major Indian cities were unchanged on October 8 after state-run oil marketing companies' daily revision, even as global crude and fuel costs rose on supply concerns tied to the US-Iran war.
Why it matters
State-run OMCs have kept prices frozen while private retailer Nayara Energy raised petrol by ₹5 and diesel by ₹3 per litre, passing on higher international costs. ANZ's Daniel Hynes said strategic stock releases can add supply temporarily but do not create new production capacity.