Petrol and diesel prices today, 3 Sep: How costly is fuel in Delhi, Mumbai, Bengaluru as Crude price eases
· Business · LiveMint, Indian Express
Fuel rates in India held steady on Thursday, 3 September, following an easing of global crude oil prices amid geopolitical developments. Brent crude fell 0.6 percent to trade around $95.10 a barrel, while West Texas Intermediate slipped 0.4 percent to approximately $90.66 a barrel. State-run Oil Marketing Companies have kept domestic commodity prices stable for the past three months despite ongoing volatility in global energy markets. The last major fuel price revision occurred on 25 May, when petrol and diesel prices were increased by ₹2.7 and ₹2.8 per litre respectively. The recent easing in international benchmarks follows comments from US President Donald Trump downplaying the prospect of a prolonged conflict with Iran.
Why it matters
Maintains predictable fuel expenditures for Indian vehicle owners and transport operators despite persistent geopolitical instability in the Middle East affecting global energy markets.
Read the original report — LiveMint
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