Neutral impactCommodity
Petrol, Diesel Prices On September 12: Check New Fuel Rates In Mumbai, Delhi, Chennai, Kolkata And More
NDTV Profit 2 hrs ago·12 Sept 2026, 3:47 am
Petrol and diesel prices across Indian cities remained unchanged on September 12, as state-run oil marketing companies kept retail rates steady. This pause follows a period of volatility driven by global crude oil prices, which had recently hit multi-month highs. However, the stability in local fuel costs comes against a backdrop of geopolitical risks, such as tensions in the Strait of Hormuz, which continue to pose a threat to global oil supply chains.
For investors, this price stability is a key development, as fuel costs are a major component of the country's retail inflation. Keeping these rates fixed helps manage the overall price level in the economy. While global crude prices have shown some easing, the situation remains sensitive to international events, meaning fuel rates could see movement in the coming days depending on global trends.
Key takeaways
- Category: Commodity.
Why it matters
A routine update. Use the price and stock snapshot to gauge how the market is responding.
