Petrol, diesel rates rise on Aug 22 as crude oil jumps 6.39% weekly

On August 22, fuel retailers in Delhi, Mumbai and Bengaluru announced new pump rates for petrol and diesel. The adjustments were prompted by a 6.39% weekly increase in global crude oil prices, as reported by market monitors. Analysts say that a rise in crude typically pushes retail fuel prices higher, adding to commuting costs for millions of Indians. The government continues to track price movements and may consider tax revisions, but no official statement has been released yet.