Oil Price in India — Brent & WTI Crude Today
Live Brent and WTI crude oil prices with real-time charts. Track how global oil prices affect energy costs in India. India consumes approximately 5.5 million bbl/day of crude oil.
Brent Crude Oil
$73.69
USD / barrel
Updated: 2026/3/29 01:35:47
WTI Crude Oil
$70.83
USD / barrel
Updated: 2026/3/29 01:35:47
Brent–WTI Spread
$2.86
Brent $73.69 − WTI $70.83
The Brent-WTI spread reflects the price premium of Brent over WTI crude oil. A moderate spread suggests normal market conditions.
Oil Market & India
India is the third-largest oil consumer globally, importing over 85% of its crude oil needs. Indian refiners primarily purchase Brent-linked crude from the Middle East, making Brent price movements directly impactful on fuel prices across the country.
As a net oil importer, India is sensitive to global crude price movements. Higher Brent prices translate to increased fuel costs at the pump, higher manufacturing input costs, and potential inflationary pressure across the economy.