Petrol and Diesel Prices: Global crude oil prices have extended their decline, raising hopes of lower fuel costs in the coming weeks. However, Indian consumers are yet to see any relief at the pump, as oil marketing companies have kept petrol, diesel, and LPG cylinder prices unchanged across the country. Here’s a look at the latest fuel prices and what the fall in crude oil could mean for consumers.

Crude Oil Continues to Decline in Global Markets

International crude oil prices recorded another sharp drop on Tuesday, strengthening expectations that fuel prices could soften in the near future.

According to the latest market data:

• Brent Crude was trading at $87.76 per barrel.
• West Texas Intermediate (WTI) crude slipped to $81.76 per barrel.

The decline follows a significant fall recorded on Monday, marking one of the steepest corrections in recent weeks. Since these are September futures contracts, any benefit from lower global crude prices may take time to be reflected in India's retail fuel prices.

Petrol and Diesel Prices Remain Unchanged

Despite the correction in international oil prices, Indian oil marketing companies have not revised retail fuel rates.

Here are the latest petrol and diesel prices in major cities:

Consumers are advised to check the latest rates through official fuel retailers, as local taxes and transportation costs can cause slight variations across cities.

LPG Cylinder Prices Also Stay the Same

There has been no revision in LPG cylinder prices either.

Current prices in selected cities include:

Delhi

• Domestic LPG (14.2 kg): ₹942
• Commercial LPG (19 kg): ₹2,930

Patna

• Domestic LPG: ₹1,031.50
• Commercial LPG: ₹3,227

Lucknow

• Domestic LPG: ₹979.50
• Commercial LPG: ₹3,052.50

Ranchi

• Domestic LPG: ₹999.50
• Commercial LPG: ₹3,131

Although crude oil prices have eased, LPG prices have not been revised in the latest update.

LPG Prices Have Increased Multiple Times This Year

Domestic LPG users have already witnessed several price hikes during 2026.

Key revisions include:

• March 7: Domestic LPG price increased by ₹60.
• June 7: Another increase of ₹29.

As a result, the price of a domestic LPG cylinder in Delhi has risen from ₹853 to ₹942 this year, representing a cumulative increase of ₹89.

CNG Prices Continue to Vary Across States

Unlike petrol and diesel, CNG prices differ significantly from one state to another due to local taxes and transportation costs.

Uttar Pradesh

• Kanpur, Hamirpur, Fatehpur: ₹94.42/kg (highest in the state)
• Hapur: ₹92.70/kg
• Noida, Greater Noida, Ghaziabad, Gautam Buddha Nagar: ₹91.70/kg
• Muzaffarnagar, Meerut, Shamli: ₹91.58/kg
• Mahoba, Banda, Chitrakoot: ₹89.42/kg

Rajasthan

• Ajmer, Pali, Rajsamand: ₹92.44/kg

Haryana

• Kaithal: ₹88.43/kg
• Gurugram: ₹88.12/kg
• Rewari: ₹87.70/kg
• Karnal: ₹87.43/kg

Delhi

• ₹83.09/kg, making it one of the most affordable CNG markets in the National Capital Region.

Will Lower Crude Oil Prices Lead to Cheaper Fuel?

A sustained decline in global crude oil prices often creates room for lower retail fuel prices. However, retail petrol and diesel prices in India depend on several factors beyond crude oil, including:

• Exchange rates between the Indian rupee and the US dollar.
• Refining and transportation costs.
• Central and state taxes.
• Pricing decisions by oil marketing companies.

As a result, changes in international crude oil prices are not always reflected immediately at fuel stations.

Bottom Line

Global crude oil prices have fallen sharply, sparking hopes of lower fuel costs in the coming weeks. However, petrol, diesel, LPG, and CNG prices remain unchanged for now in most parts of India. Consumers planning fuel purchases should continue monitoring official price updates, as any sustained decline in crude oil could eventually influence domestic fuel rates.

Disclaimer: Fuel prices are subject to periodic revision by oil marketing companies and may vary depending on state taxes and local levies. The information provided here is for informational purposes only and should be verified with official sources before making financial or commercial decisions.