Petrol, diesel rates fall on Aug 27 as Brent crude prices dip in Delhi, Mumbai, Bengaluru

The Ministry of Petroleum announced revised retail rates for petrol and diesel on August 27, covering three major metros – Delhi, Mumbai and Bengaluru. The adjustment follows a continued slide in international Brent crude prices, which extended its losses on the global market. As a result, the revised rates represent a reduction from the previous day's levels, offering modest relief to consumers in the three cities. The price revision was published on the official portal and is expected to be reflected at fuel stations across the mentioned locations from the next day onward. Authorities have indicated that further changes will depend on future movements in global oil benchmarks.