Petrol – Diesel Price: Petrol – Diesel will be cheaper in India? Crude oil prices fell by $70, the lowest level in 4 months

• Crude oil prices fell

• The lowest level in 4 months

• Will petrol and diesel become cheaper in India?

Crude oil prices are returning to pre-tension levels in the Middle East. Tensions between the US and Iran began on February 28, then Crude oil prices continued to grow. Today, June 25, 2026, crude oil prices hit a near four-month low. At 6:20 a.m. Thursday, WTI crude oil prices fell to $69.89 per barrel. Brent crude oil prices fell to $73.34 per barrel. Will today’s fall in international oil prices also reduce petrol and diesel prices in India?

What were the prices before the stress started?

America and Israel jointly attacked Iran on February 28. Earlier, on February 27, 2026, WTI crude oil price was around $67 per barrel and Brent crude oil price was around $72 per barrel. Today, oil prices are almost back to their previous levels.

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Reasons for falling prices

Factors such as the peace deal between the US and Iran, the temporary 60-day waiver granted to Iran and the opening of the Strait of Hormuz Crude oil prices are falling US President Donald Trump had earlier said that once the tensions in the Middle East are fully resolved, crude oil prices will automatically return to their previous levels. Similar trends are being observed in the market.

Will petrol and diesel prices in India be affected?

Oil prices are falling in the global market, but there is no change in petrol and diesel prices in India since June 25, 2026. An immediate drop in prices is unlikely, as Indian oil marketing companies still have crude purchased at higher prices.

Union Minister Reveals When Fuel Will Be Cheaper

India’s Petroleum and Natural Gas Minister Hardeep Singh Puri also said that the reduction in petrol and diesel prices will only happen when crude oil bought at lower prices reaches the oil marketing companies. However, oil marketing companies are currently focusing on cutting their losses. Even as crude oil prices touched $120 a barrel due to tensions in the Middle East, petrol and diesel prices in India did not rise significantly. This has only increased their losses.

Petrol Diesel Price: When will the price decrease? A big update from the government regarding petrol-diesel, Hardeep Singh Puri clearly said…

Today’s Petrol – Diesel Rates in your city

(Price: Rs. per liter)

(Source: Good Returns)