Due to increasing tension between America and Iran, crude oil prices are continuously fluctuating. Meanwhile, new prices of petrol and diesel have been announced across the country. State oil companies update prices every morning at 6 am, and new prices have been announced for July 11, 2026. There is no change in the prices of petrol and diesel in most cities today. However, prices vary across cities due to different tax structures. So, if you are planning to refuel your car today, make sure to check the latest prices in your city.
What are the prices of petrol and diesel in your city today, July 11?
Petrol price in Delhi is ₹102.12 per liter and diesel price is ₹95.20 per liter.
In Kolkata, petrol is being sold at ₹113.51 per liter and diesel at ₹99.82 per liter.
Petrol price in Mumbai is ₹111.21 per liter and diesel price is ₹97.83 per liter.
In Chennai, petrol is available at ₹ 107.77 per liter and diesel at ₹ 99.55 per liter.
In Noida, petrol is available at ₹ 102.12 per liter and diesel at ₹ 97.56 per liter.
In Chandigarh, petrol is being sold at ₹101.51 per liter and diesel at ₹89.47 per liter.
In Lucknow, petrol is available at ₹ 101.89 per liter and diesel at ₹ 95.36 per liter.
In Patna, petrol is available at ₹ 113.37 per liter and diesel at ₹ 99.36 per liter.
No change in prices of petrol and diesel after May 25
Government oil companies have not made any change in the prices of petrol and diesel from May 25, 2026. Earlier, prices were increased four times in just 11 days in May. On May 15, petrol prices were increased by ₹3 and diesel prices by ₹3.29. Subsequently, on May 19 and 23, petrol prices were increased by 87 paise and diesel by 91 paise. Then, on May 25, petrol prices increased by ₹2.61 per liter and diesel prices increased by ₹2.71 per litre. However, it is a matter of relief that there has been no increase in the prices of petrol and diesel since then.
**Fall in crude oil prices**
The increasing tension between America and Iran is affecting the global crude oil market. The International Energy Agency (IEA) says that if the situation in West Asia worsens, it may affect global oil supply. According to the agency, there is enough supply in the market right now, but any obstruction in important oil routes like the Strait of Hormuz may increase crude oil prices. However, due to increase in supply from OPEC+ and other countries, the market is getting some relief.
In the international market, both Brent oil and WTI futures are trading at low prices. According to the latest data, Brent crude for September delivery fell 0.38% to $76.01 per barrel, while WTI crude for August delivery fell 0.93% to trade at $71.41 per barrel. The reason for the fall in crude oil prices is global uncertainty regarding signals related to energy demand and supply.
**Global oil demand decreased, but petrol consumption increased in America**
According to the IEA report, global crude oil demand may decline in 2026 for the first time since the COVID-19 pandemic. The reason for this is high prices and supply related problems. China has significantly reduced its purchases due to high oil prices, and the increasing use of electric vehicles has also reduced the demand for petrol and diesel there. On the contrary, despite the increase in petrol prices in America, people are driving the same vehicles as before, due to which the consumption of petrol in the country has increased. Although there has been some relief in oil prices recently due to the resumption of some shipping traffic, the market has not yet completely normalized.
**India to expand its strategic oil reserves**
India has taken an important step to strengthen its energy security. Government company ONGC has approved the construction of a new Strategic Petroleum Reserve with a capacity of 1.75 million metric tonnes in Mangaluru. Earlier, India faced supply challenges due to the impact on the Strait of Hormuz during tensions between the US and Iran; For this reason, the government is now focusing on increasing oil reserves. Petroleum Minister Hardeep Singh Puri has also said that about 10 billion dollars is being invested in oil and gas exploration in the country. Currently, India produces only 10 percent of its crude oil requirement domestically, due to which it has to depend on imports.
**Know the rates in your city sitting at home**
If you want to know the latest rates of petrol and diesel in your city, you can check the prices on the websites of Indian Oil, Bharat Petroleum and Hindustan Petroleum. Rates can also be known through SMS. Indian Oil customers can send SMS to 9224992249 by typing “RSP” followed by their city code. Bharat Petroleum customers can send “RSP” to 9223112222. At the same time, Hindustan Petroleum customers can know the latest prices of their city by sending SMS “HP Price” to 9222201122.