business ⛽ Fuel prices steady despite global oil surge
Petrol and diesel prices in Indian cities saw slight changes on September 11th, though they align with the May 25th adjustment. This movement occurs as Brent crude rallied due to intensified Houthi strikes on Saudi energy infrastructure. Brent crude surged 0.4% to nearly $110 a barrel, while West Texas Intermediate edged up to $103.40. Despite global volatility, OMCs keep domestic rates stable, mirroring the last increase of ₹2.7 to ₹2.8 per litre. Future price shifts depend on the severity of the West Asia conflict and Chinese oil demand recovery. ⛽