A big fall has been recorded in the prices of crude oil in the international market on Monday morning. A historic peace agreement has been claimed between America and Iran. After which Brent crude has fallen by about 4 percent. Despite this huge fall, on the morning of June 15, 2026, Indian oil companies have not given any relief in the prices of petrol and diesel. Fuel prices in the country have remained the same since May 25.
Why is crude oil becoming cheaper in the global market?
Last week, huge selling was seen in the prices of crude oil in the international market. This trend continues this week also. The main reason for this is the recent situation of reconciliation taking place in West Asia. After the start of Iran war, there was a huge jump of up to 50 percent in the prices of crude oil, which now seems to be calming down. On Monday morning, Brent crude fell 4.03 percent to $ 83.81 per barrel, whereas last week it closed at $ 87.33. Similarly, WTI crude is also trading at $ 80.91 per barrel, slipping by 4.68 percent.
Read this also- Relief news for the whole world, agreement reached between America and Iran, crude oil prices fell face down.
Latest rates of your city including metros
Despite the softening of crude oil, the prices of petrol and diesel are still stable in major cities of the country. Today in the national capital Delhi, petrol is being sold at Rs 102.12 per liter and diesel at Rs 95.20 per liter. In the financial capital Mumbai, the price of petrol remains at Rs 111.21 and the price of diesel remains at Rs 97.83 per liter.
| City | Petrol price (₹/litre) | Diesel price (₹/litre) |
| Delhi | 102.12 | 95.20 |
| Mumbai | 111.21 | 97.83 |
| Kolkata | 113.51 | 99.82 |
| Chennai | 107.77 | 99.55 |
| Noida | 102.12 | 97.56 |
| Lucknow | 101.89 | 95.36 |
| Patna | 113.37 | 99.36 |
| Ranchi | 105.26 | 100.49 |
| Bhopal | 114.57 | 99.64 |
| Chandigarh | 101.51 | 89.47 |
Know the new rate through an SMS
If you are a consumer of Indian Oil (IOC), then type RSP from your mobile and message it to 9224992249. Similarly, Bharat Petroleum (BPCL) customers can send their message to number 9223112222, while Hindustan Petroleum (HPCL) customers can send their message by typing HPPRICE to 9222201122. Keep in mind that along with this message you will also have to enter your city code, which is easily available on the official website of oil companies.
Will the common man get relief?
The prices of crude oil in the international market have a direct impact on the Indian market. If this period of decline in crude oil continues, then the losses of government oil companies will reduce. Due to reduction in the deficit, the prices of petrol and diesel can be expected to decrease in the coming days.
