OMC fuel rates hold after May hike; petrol remains above ₹110/litre in four major cities

State-owned oil marketing companies have kept petrol and diesel prices broadly unchanged since the May 25 increase. Petrol is above ₹110 per litre in Mumbai, Hyderabad, Kolkata and Bengaluru, while Hyderabad diesel remains above ₹100 per litre.

— Source publishedThu, 27 Aug, 2026, 08:43 IST·First seen Thu, 27 Aug, 2026, 08:58 IST·Source Business Today · Latest

What happened

State-owned Oil Marketing Companies (OMCs) · Petrol and diesel prices across major Indian cities remained broadly unchanged after OMCs’ May 25 increase. Petrol

Key facts

  • Petrol price rise since May 25: ₹2.61/litre
  • Diesel price rise since May 25: ₹2.71/litre
  • Delhi petrol: ₹102.12/litre
  • Delhi diesel: ₹95.20/litre
  • Mumbai petrol: ₹111.21/litre
  • Mumbai diesel: ₹97.83/litre
  • Hyderabad petrol: ₹115.69/litre
  • Hyderabad diesel: ₹103.82/litre
  • Kolkata petrol: ₹113.51/litre
  • Kolkata diesel: ₹99.82/litre
  • Bengaluru petrol: ₹111.68/litre
  • Bengaluru diesel: ₹99.56/litre
  • Chennai petrol: ₹107.76/litre
  • Chennai diesel: ₹99.55/litre

Why this matters

Persistently high urban fuel costs strengthen the strategic case for local fulfillment, EV logistics partnerships and acquisitions that reduce delivery-distance exposure.

What to watch

  • A further OMC fuel-price increase or sustained petrol prices above ₹110/litre for more than four weeks.
  • Crude oil and INR movements that raise the likelihood of another retail fuel repricing.
  • Freight-rate, courier-surcharge and gig-delivery incentive increases.
  • Weekly same-store sales, average basket value and discretionary-category volumes in the four affected cities.
  • A widening gap between value/private-label growth and national-brand growth.
  • Government tax interventions, election-linked price controls or OMC price cuts.
  • Reforecast freight, intercity transfer and last-mile delivery costs by city, with separate assumptions for Mumbai, Hyderabad, Kolkata and Bengaluru.
  • Review SKU-level pricing for bulky staples, beverages, packaged foods and low-margin essentials where transport is a larger share of landed cost.
  • Increase minimum-order thresholds, delivery fees or route-density incentives before applying broad consumer price increases.
  • Expand private-label, value-pack and targeted loyalty offers in high-fuel-price urban clusters.
  • Monitor delivery-partner incentives and fleet/vendor surcharge requests for early evidence of cost pass-through.