Metro fuel prices steady, with Hyderabad highest and Delhi lowest

Petrol and diesel rates were broadly unchanged on September 3 across major Indian cities, a watchpoint for retail logistics, last-mile delivery and consumer travel. Petrol ranged from ₹102.12/litre in Delhi to ₹115.69/litre in Hyderabad.

— Source publishedThu, 3 Sept, 2026, 07:11 IST·First seen Thu, 3 Sept, 2026, 07:43 IST·Source Business Today · Latest

What happened

retail-company · Petrol and diesel prices remained broadly stable across major Indian cities. Hyderabad had the highest listed metro rates, while Delhi was

Key facts

  • National average petrol: ₹111.21/litre
  • National average diesel: ₹97.83/litre
  • Mumbai petrol: ₹111.21/litre; diesel: ₹97.83/litre
  • Delhi petrol: ₹102.12/litre; diesel: ₹95.20/litre
  • Kolkata petrol: ₹113.51/litre; diesel: ₹99.82/litre
  • Chennai petrol: ₹107.77/litre; diesel: ₹99.55/litre
  • Bengaluru petrol: ₹111.68/litre; diesel: ₹99.56/litre
  • Hyderabad petrol: ₹115.69/litre; diesel: ₹103.82/litre
  • Brent crude: about $91.87/barrel

Why this matters

For retail logistics partnerships or acquisitions, stable current fuel costs support base-case underwriting, but deal models should retain sensitivity to higher crude-driven transport expenses.

What to watch

  • Brent sustaining above $90-$95 per barrel for multiple weeks or moving above $100.
  • Any revision in Indian petrol or diesel retail prices by oil marketing companies.
  • Carrier notifications of fuel surcharges, freight-rate renegotiations or reduced service coverage.
  • Diesel-price changes in key warehousing and consumption corridors, including Hyderabad, Bengaluru, Mumbai, Delhi-NCR and Chennai.
  • Rising last-mile cost per order, lower drop density or deterioration in delivery contribution margins.
  • Keep September transport and delivery-cost budgets unchanged while running sensitivity cases for a 5% to 10% diesel-cost increase.
  • Review third-party logistics contracts for fuel-surcharge clauses, reset frequency and lagged indexation exposure.
  • Prioritize route density, backhaul utilization and delivery-slot optimization in high-cost urban markets such as Hyderabad.
  • Avoid broad price increases; use targeted delivery-fee, minimum-basket or remote-area surcharge changes only if carrier costs move materially.
  • Monitor margin exposure in bulky, low-ticket and rapid-delivery categories where fuel is a higher share of order economics.