Petrol and Diesel Prices Today, September 12: Check Rates in Delhi, Mumbai, Bengaluru and Other Cities

Domestic pump prices stayed unchanged even as international crude markets remained under pressure from disruptions linked to the widening Middle East conflict.

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Petrol and diesel prices across major Indian cities remained unchanged on Saturday, September 12, despite a sharp rise in international crude prices amid escalating geopolitical tensions in the Middle East.

In Mumbai, petrol continued to retail at ₹111.21 per litre, while diesel remained at ₹97.83 per litre. Delhi’s petrol price stood at ₹102.12 per litre and diesel at ₹95.20 per litre.

Local fuel rates can vary substantially between cities because of differences in state taxes, local levies and other components included in the retail price.

Petrol and Diesel Prices on September 12

Here are the fuel rates cited for major Indian cities:

Fuel Prices Have Stayed Within a Narrow Range

Although domestic rates have remained largely stable, fuel prices have seen modest movement over the past 10 days.

The supplied data indicates that rates across the country have moved within a relatively narrow range of around ₹111.18 to ₹111.31, offering little change at the retail level despite major developments in international oil markets.

The difference between domestic pump prices and global crude movements is partly influenced by the taxes and levies applied at the state and local levels.

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Brent Crude Falls After Surging Toward $110

Global oil markets have been experiencing considerable volatility as the conflict involving Iran continues to disrupt energy flows.

Brent crude, the international benchmark, had climbed towards $110 a barrel overnight before falling 2.8% to settle at $104.61 per barrel, according to the supplied report.

Despite the pullback, Brent remains significantly higher than earlier in the year.

The rise in crude prices has raised concerns about the potential effect on fuel costs, transportation expenses and inflation if supply disruptions persist.

IEA Warns of Major Oil Demand Contraction

The International Energy Agency has warned that disruptions to global oil supplies could lead to lower consumption.

According to the supplied report, the agency expects the year to record the largest contraction in global oil demand since the Covid-19 pandemic, with higher energy costs and tighter availability weighing on consumption.

The situation remains particularly uncertain because of the lack of signs of an immediate truce and the continuing disruption to normal energy flows in the Middle East.

Saudi Arabia Shuts East-West Oil Pipeline

The supply situation has been further complicated by developments in Saudi Arabia.

Saudi Arabia temporarily shut its East-West pipeline, a major oil transportation route, after the infrastructure came under aerial attack.

The approximately 1,200-kilometre pipeline provides Saudi Arabia with an alternative route for transporting crude without relying entirely on shipments passing through the Strait of Hormuz.

The pipeline had reportedly been handling between 4 million and 5 million barrels of oil per day.

Saudi Arabia and Iraq said the drone attacks originated from Iraq, where Iranian-backed militias operate, according to the supplied report.

Red Sea Shipping Faces Additional Risk

The disruption is not limited to the Persian Gulf.

Houthi rebels have reportedly threatened vessels calling at Saudi ports along the Red Sea, potentially creating another challenge for oil shipments.

This is significant because Red Sea routes had become increasingly important as an alternative following disruptions around the Strait of Hormuz.

Saudi oil production has also reportedly fallen, with output reaching its lowest level since 1990.

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Brent Crude Remains Far Below Its Wartime Peak

Despite Brent’s sharp increase this year, the benchmark remains below the wartime high cited in the report.

Brent is up more than 70% this year, but remains below the peak of slightly above $126 a barrel reached in April.

Other parts of the energy market have also experienced increases. European natural gas prices and tanker freight rates have risen, while refined petroleum products such as diesel have faced additional pressure.

The simultaneous impact of the Middle East conflict and the Russia-Ukraine war has added further strain to global energy markets.

What It Means for Indian Fuel Consumers

For now, Indian motorists have not seen a corresponding increase in petrol and diesel prices despite the surge in global crude.

That provides some short-term relief to consumers, but sustained disruption to international supplies could create pressure on fuel markets and the broader economy.

For September 12, however, the key takeaway is straightforward: retail petrol and diesel prices remain unchanged across the major cities listed above, even as global oil markets continue to face significant geopolitical risks.

Frequently Asked Questions

What is the petrol price in Delhi today?

Petrol is priced at ₹102.12 per litre in New Delhi on September 12.

What is the diesel price in Delhi today?

Diesel is priced at ₹95.20 per litre in New Delhi.

What is the petrol price in Mumbai today?

Petrol costs ₹111.21 per litre in Mumbai on September 12.

What is the diesel price in Mumbai today?

Diesel is priced at ₹97.83 per litre in Mumbai.

What is the petrol price in Bengaluru today?

Petrol costs ₹111.68 per litre in Bengaluru.

Why are petrol and diesel prices different across Indian cities?

Retail fuel prices differ because states and local authorities apply different taxes, levies and other charges.

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