Petrol Diesel Price Today: Crude Oil Prices Plunge, Check Latest Fuel Rates

The international market witnessed a significant decline in crude oil prices on Friday, bringing much-needed relief to global energy markets. The global benchmark, Brent crude, crashed by more than 4 percent, reaching its lowest level in the last two months. This sharp downturn comes amidst shifting geopolitical dynamics and hopes for a resolution to long-standing international conflicts. Despite this massive slump in the global market, the domestic prices of petrol and diesel in India have remained unchanged on June 13, 2026, as per the latest data released by oil marketing companies.

Global Crude Oil Market Trends

The primary driver behind the recent drop in crude oil prices is the perceived reduction in tensions between the United States and Iran. For a considerable period, the threat of a full-scale conflict had kept the markets on edge, pushing prices upward. However, on Friday, the atmosphere in the international market turned positive as expectations grew for a diplomatic breakthrough. Crude oil prices fell to approximately 90 dollars per barrel in the global market. US President Donald Trump contributed to this sentiment by stating that a draft agreement between the United States and Iran has been prepared, suggesting that the war is nearing its end. Trump further expressed his hope regarding the situation, which Importantly calmed the volatile energy markets.

Impact on India and Supply Chain Concerns

The world has been grappling with an oil crisis primarily due to the US-Iran conflict. A critical factor in this crisis was the closure of the Strait of Hormuz, a vital maritime route through which nearly 20 percent of the world's crude oil supply passes. For India, this sea route is of paramount importance as the largest portion of its imported oil is transported through this passage. Any disruption in this supply chain directly impacts India's energy security. Last month, the petroleum companies increased fuel prices 4 times due to these supply chain disruptions. However, there has been no change in petrol and diesel prices since May 25, providing some stability to Indian consumers despite the previous volatility.

City-wise Petrol and Diesel Rates on June 13, 2026

According to the latest figures from oil companies, the prices in major Indian cities are as follows:

• In Delhi, petrol is being sold at 102.12 per liter, while diesel is priced at 95.20 per liter.
• In Mumbai, the financial capital, petrol costs 111.21 per liter and diesel is available at 97.83 per liter.
• In Chennai, petrol is priced at 107.77 per liter, while diesel stands at 99.55 per liter.
• In Kolkata, the price of petrol is 113.51 per liter, and diesel is 99.82 per liter (though some reports mention 99.02 per liter).
• In Lucknow, petrol is retailing at 101.89 per liter and diesel at 95.36 per liter.
• In Noida, petrol is priced at 102.12 per liter and diesel at 97.56 per liter.
• In Patna, petrol costs 113.37 per liter and diesel is 99.36 per liter.
• In Bhopal, petrol is available at 114.57 per liter and diesel at 99.64 per liter.
• In Ranchi, petrol is priced at 105.26 per liter and diesel at 100.49 per liter.
• In Chandigarh, petrol is being sold at 101.51 per liter and diesel at 89.47 per liter.

Geopolitical Outlook and Future Expectations

The international community is closely monitoring the developments between the US and Iran. The potential for a formal agreement and the reopening of supply routes could lead to further stabilization of oil prices. While the global market has already reacted with a 4 percent drop, the domestic market in India is yet to see a downward revision in retail prices. The fact that prices have remained stagnant since May 25 suggests that oil marketing companies are observing the long-term sustainability of the global price drop before passing on the benefits to consumers. The situation remains fluid as the world awaits the finalization of the peace process mentioned by the US President.