Business Desk- Crude Oil Price Today: Due to the increasing tension between America and Iran and the recent new attacks started by Iran, the prices of crude oil are again rising in the international oil market. On October 7, 2026, the prices of both Brent and WTI crude have increased.
After a continuous decline in the last few days, crude oil prices had reached their lowest level in almost five weeks, but now the prices have started rising again amid increasing risks in West Asia.
How much did the prices of crude oil increase today?
At 6:35 am on Wednesday, the price of WTI crude rose by 1.03% to $ 90.362 per barrel. At the same time, the price of Brent crude increased by 1.16% to $ 101.740 per barrel. In the last one month, there was a decline of more than 2% in the prices of crude oil, but now the bullish trend is again visible in the market.
Impact of increasing tension in West Asia
Tension seems to be increasing once again in West Asia. According to the report, Iran has again intensified attacks on ships in the Strait of Hormuz. Apart from this, clashes are also going on between Saudi Arabia and Iran-backed Houthis. Due to these incidents, uncertainty regarding the supply of oil in the international market has increased.
However, despite the tension, the supply of oil from the Persian Gulf has increased. Saudi Arabia’s oil pipeline has also started operating again at almost full capacity. In view of the rise in oil prices, the G5 group has said that it will supply 100 million barrels of oil in the coming four months.
What is the impact on the prices of petrol and diesel in India?
Fluctuations in crude oil prices in the international market are impacting the procurement costs of Indian oil companies. Due to the cost of crude oil, the costs of oil marketing companies are increasing. However, despite this, there is no change in the prices of petrol and diesel in India at present.
Petrol and diesel prices in big cities including Delhi, Mumbai
The price of petrol in New Delhi is Rs 102.12 per liter and the price of diesel is Rs 95.20 per liter. In Kolkata, petrol is being sold at Rs 113.51 and diesel at Rs 99.82 per litre.
The price of petrol in Mumbai is Rs 111.21 per liter and the price of diesel is Rs 97.83 per liter. Petrol in Chennai is Rs 107.76 and diesel is Rs 99.55 per liter.
The price of petrol in Gurugram is Rs 102.97 per liter and diesel is Rs 95.64 per liter. Whereas in Noida, petrol is Rs 101.96 and diesel is Rs 95.44 per liter.